secwatch.observer — SEC 8-K summary
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Issuer:     BREAD FINANCIAL HOLDINGS, INC. (BFH)
CIK:        0001101215
Form:       8-K
Filed at:   2025-03-17T23:59:59+00:00
Accession:  0001101215-25-000062
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bread Financial Feb 2025 net loss rate 8.6% vs 8.9% YoY; delinquency rate 6.2% vs 6.7%
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- Net principal losses $120M, down from $131M in Feb 2024.
- Average credit card/other loans $18.14B, down 2% YoY.
- End-of-period loans $17.95B vs $18.39B a year ago.
- Delinquent principal (30+ days) $1.027B vs $1.130B last year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1101215/000110121525000062/0001101215-25-000062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1101215/000110121525000062/bfh-20250317.htm
  HTML page:      https://secwatch.observer/filing/0001101215-25-000062

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