---
schema_version: "secwatch.filing_event.v1"
accession: "0001101215-25-000076"
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: "2026-05-23T06:39:59.867482+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Bread Financial reports March net loss rate 8.1%, Q1 8.2%; delinquency rate improves to 5.9% from 6.2%

## Summary
- Net loss rate for March 2025: 8.1%; Q1 2025 average: 8.2%.
- Delinquency rate (30+ days) as of March 31, 2025: 5.9%, down from 6.2% a year ago.
- End-of-period credit card and other loans: $17.815 billion; average loans down 2% YoY.
- Net principal losses for Q1 2025: $365 million, with March contribution of $123 million.

## SEC filing metadata
- accession: 0001101215-25-000076
- 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: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1101215/000110121525000076/0001101215-25-000076-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1101215/000110121525000076/bfh-20250424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001101215-25-000076
- JSON: https://secwatch.observer/filing/0001101215-25-000076.json
- Plain text: https://secwatch.observer/filing/0001101215-25-000076.txt

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