secwatch.observer — SEC 8-K summary
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Issuer:     BREAD FINANCIAL HOLDINGS, INC. (BFH)
CIK:        0001101215
Form:       8-K
Filed at:   2025-11-13T23:59:59+00:00
Accession:  0001101215-25-000183
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1101215/000110121525000183/0001101215-25-000183-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1101215/000110121525000183/bfh-20251113.htm
  HTML page:      https://secwatch.observer/filing/0001101215-25-000183

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer