secwatch.observer — SEC 8-K summary
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Issuer:     BREAD FINANCIAL HOLDINGS, INC. (BFH)
CIK:        0001101215
Form:       8-K
Filed at:   2025-04-24T23:59:59+00:00
Accession:  0001101215-25-000075
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1101215/000110121525000075/0001101215-25-000075-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1101215/000110121525000075/bfh-20250424.htm
  HTML page:      https://secwatch.observer/filing/0001101215-25-000075

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