secwatch.observer — SEC 8-K summary
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Issuer:     BREAD FINANCIAL HOLDINGS, INC. (BFH)
CIK:        0001101215
Form:       8-K
Filed at:   2025-01-30T23:59:59+00:00
Accession:  0001101215-25-000013
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bread Financial Q4 net loss rate 8.0%, delinquency improves to 5.9%
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- Net loss rate of 8.0% for Q4 2024; net principal losses $367M.
- Delinquency rate 5.9% at Dec 31, 2024 vs 6.5% a year earlier.
- Hurricane-related delinquency freeze will shift some losses to Q2 2025.
- End-of-period credit card loans $18.9B; average loans $18.2B, flat YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1101215/000110121525000013/0001101215-25-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1101215/000110121525000013/bfh-20250130.htm
  HTML page:      https://secwatch.observer/filing/0001101215-25-000013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer