---
schema_version: "secwatch.filing_event.v1"
accession: "0001101215-25-000075"
form_type: "8-K"
ticker: "BFH"
cik: "0001101215"
company_name: "BREAD FINANCIAL HOLDINGS, INC."
filed_at: "2025-04-24T23:59:59+00:00"
generated_at: "2026-05-23T06:39:56.599284+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bread Financial Q1 net income $138M; credit sales up 1% YoY; new Crypto.com card partnership

## Summary
- Net income of $138M; tangible book value per share rose to $48.92.
- Credit sales increased 1% YoY driven by higher general-purpose spending and transaction volume.
- Completed $400M subordinated notes offering and $150M share repurchase program.
- Declared quarterly dividend of $0.21/share, payable June 13 to holders of record May 9.
- New card program announced with Crypto.com; renewed Academy Sports partnership.

## SEC filing metadata
- accession: 0001101215-25-000075
- form_type: 8-K
- ticker: BFH
- cik: 0001101215
- company_name: BREAD FINANCIAL HOLDINGS, INC.
- filed_at: 2025-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1101215/000110121525000075/0001101215-25-000075-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1101215/000110121525000075/bfh-20250424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001101215-25-000075
- JSON: https://secwatch.observer/filing/0001101215-25-000075.json
- Plain text: https://secwatch.observer/filing/0001101215-25-000075.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.