---
schema_version: "secwatch.filing_event.v1"
accession: "0001101215-25-000131"
form_type: "8-K"
ticker: "BFH"
cik: "0001101215"
company_name: "BREAD FINANCIAL HOLDINGS, INC."
filed_at: "2025-07-24T23:59:59+00:00"
generated_at: "2026-05-18T01:58:29.473293+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Bread Financial reports June 2025 net loss rate 7.8%, Q2 rate 7.9%; delinquency improves to 5.7%

## Summary
- Net loss rate for June 2025: 7.8%; for Q2 2025: 7.9%; net principal losses $113M and $348M respectively.
- Delinquency rate (30+ days) as of June 30, 2025: 5.7%, down from 6.0% a year ago.
- End-of-period credit card and other loans $17.656B; average loans $17.631B in June, down 1% YoY.
- Hurricane Helene/Milton delinquency freeze in Q4 2024 modestly lowered prior losses but increased Q2 2025 losses.
- Period-end credit card and other loans principal $16.102B vs $16.344B a year ago.

## SEC filing metadata
- accession: 0001101215-25-000131
- form_type: 8-K
- ticker: BFH
- cik: 0001101215
- company_name: BREAD FINANCIAL HOLDINGS, INC.
- filed_at: 2025-07-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1101215/000110121525000131/0001101215-25-000131-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1101215/000110121525000131/bfh-20250724.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001101215-25-000131
- JSON: https://secwatch.observer/filing/0001101215-25-000131.json
- Plain text: https://secwatch.observer/filing/0001101215-25-000131.txt

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