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:  0001101215-25-000076
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1101215/000110121525000076/0001101215-25-000076-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1101215/000110121525000076/bfh-20250424.htm
  HTML page:      https://secwatch.observer/filing/0001101215-25-000076

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