---
schema_version: "secwatch.filing_event.v1"
accession: "0001101215-25-000183"
form_type: "8-K"
ticker: "BFH"
cik: "0001101215"
company_name: "BREAD FINANCIAL HOLDINGS, INC."
filed_at: "2025-11-13T23:59:59+00:00"
generated_at: "2026-05-16T20:08:08.128685+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Bread Financial October 2025 credit metrics improve: net loss rate 7.5%, delinquency 6.1%

## Summary
- Net loss rate fell to 7.5% in Oct 2025 from 7.9% a year ago; net principal losses $112M vs $120M.
- Delinquency rate (30+ days) improved to 6.1% from 6.4% in Oct 2024.
- Average credit card and other loans were $17.6B, down 1% YoY from $17.9B.
- Period-end credit card and other loans principal was $15.9B vs $16.5B in Oct 2024.

## SEC filing metadata
- accession: 0001101215-25-000183
- form_type: 8-K
- ticker: BFH
- cik: 0001101215
- company_name: BREAD FINANCIAL HOLDINGS, INC.
- filed_at: 2025-11-13T23:59:59+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/1101215/000110121525000183/0001101215-25-000183-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1101215/000110121525000183/bfh-20251113.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001101215-25-000183
- JSON: https://secwatch.observer/filing/0001101215-25-000183.json
- Plain text: https://secwatch.observer/filing/0001101215-25-000183.txt

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