secwatch.observer — SEC 8-K summary
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Issuer:     BREAD FINANCIAL HOLDINGS, INC. (BFH)
CIK:        0001101215
Form:       8-K
Filed at:   2025-12-10T23:59:59+00:00
Accession:  0001101215-25-000201
Event type: other_material
Sentiment:  positive
Materiality: 0.35
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bread Financial Nov 2025 net loss rate 7.4% vs 8.0% YoY; delinquencies improve
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1101215/000110121525000201/0001101215-25-000201-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1101215/000110121525000201/bfh-20251210.htm
  HTML page:      https://secwatch.observer/filing/0001101215-25-000201

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