secwatch.observer — SEC 8-K summary
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Issuer:     BREAD FINANCIAL HOLDINGS, INC. (BFH)
CIK:        0001101215
Form:       8-K
Filed at:   2025-02-11T23:59:59+00:00
Accession:  0001101215-25-000026
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bread Financial Jan 2025: net loss rate 7.8% (down from 8.0%), delinquency 6.1% (down from 6.8%)
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- Net loss rate for January 2025 was 7.8%, compared to 8.0% in January 2024.
- Delinquency rate (30+ days) as of January 31, 2025 was 6.1%, down from 6.8% a year earlier.
- Average credit card and other loans were $18.53B, down 2% YoY from $18.915B.
- Net principal losses for January 2025 were $123M, compared to $128M in January 2024.
- End-of-period loans were $18.366B, down approximately 2% from $18.785B a year ago.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1101215/000110121525000026/0001101215-25-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1101215/000110121525000026/bfh-20250211.htm
  HTML page:      https://secwatch.observer/filing/0001101215-25-000026

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