{"schema_version":"secwatch.filing_event.v1","accession":"0001101215-25-000201","form_type":"8-K","ticker":"BFH","cik":"0001101215","company_name":"BREAD FINANCIAL HOLDINGS, INC.","filed_at":"2025-12-10T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.797258+00:00","generated_at":"2026-05-16T13:37:08.626413+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Bread Financial Nov 2025 net loss rate 7.4% vs 8.0% YoY; delinquencies improve","bullets":["End-of-period credit card loans $18.1B, average $17.8B, both down ~1% YoY.","Net principal losses $109M in Nov 2025 vs $118M in Nov 2024.","Net loss rate 7.4% improved from 8.0% year-over-year.","Delinquency rate (30+ days) 6.0% as of Nov 2025 vs 6.2% a year earlier.","Prior-year rates modestly lowered by hurricane-related delinquency freeze."],"urls":{"canonical":"https://secwatch.observer/filing/0001101215-25-000201","json":"https://secwatch.observer/filing/0001101215-25-000201.json","markdown":"https://secwatch.observer/filing/0001101215-25-000201.md","text":"https://secwatch.observer/filing/0001101215-25-000201.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1101215/000110121525000201/0001101215-25-000201-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1101215/000110121525000201/bfh-20251210.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T13:37:08.626413+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}