---
schema_version: "secwatch.filing_event.v1"
accession: "0001101215-25-000096"
form_type: "8-K"
ticker: "BFH"
cik: "0001101215"
company_name: "BREAD FINANCIAL HOLDINGS, INC."
filed_at: "2025-06-11T23:59:59+00:00"
generated_at: "2026-05-19T12:33:13.966428+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Bread Financial May 2025 net loss rate 8.0% vs 8.8% YoY; delinquencies 5.7% vs 5.9%

## Summary
- Net principal losses $120M in May 2025 vs $133M in May 2024.
- Net loss rate improved to 8.0% from 8.8% year-over-year.
- Delinquency rate (30+ days) fell to 5.7% from 5.9%.
- End-of-period credit card and other loans $17.7B, down 1% YoY.
- Hurricane-related delinquency freeze will negatively impact Q2 2025 loss rates.

## SEC filing metadata
- accession: 0001101215-25-000096
- form_type: 8-K
- ticker: BFH
- cik: 0001101215
- company_name: BREAD FINANCIAL HOLDINGS, INC.
- filed_at: 2025-06-11T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1101215/000110121525000096/0001101215-25-000096-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1101215/000110121525000096/bfh-20250611.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001101215-25-000096
- JSON: https://secwatch.observer/filing/0001101215-25-000096.json
- Plain text: https://secwatch.observer/filing/0001101215-25-000096.txt

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