---
schema_version: "secwatch.filing_event.v1"
accession: "0001101215-26-000010"
form_type: "8-K"
ticker: "BFH"
cik: "0001101215"
company_name: "BREAD FINANCIAL HOLDINGS, INC."
filed_at: "2026-02-10T23:59:59+00:00"
generated_at: "2026-05-16T03:30:46.793706+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Bread Financial's Jan 2026 net principal loss rate improves to 7.1% from 7.8% YoY

## Summary
- Net principal loss rate: 7.1% in Jan 2026 vs 7.8% in Jan 2025.
- Net principal losses decreased to $111M from $123M year-over-year.
- Delinquency rate (30+ days) fell to 5.9% from 6.1% as of Jan 31, 2026.
- Average credit card and other loans flat at ~$18.53B; end-of-period at $18.39B.
- Period-end principal loans outstanding declined to $16.40B from $16.87B YoY.

## SEC filing metadata
- accession: 0001101215-26-000010
- form_type: 8-K
- ticker: BFH
- cik: 0001101215
- company_name: BREAD FINANCIAL HOLDINGS, INC.
- filed_at: 2026-02-10T23:59:59+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/1101215/000110121526000010/0001101215-26-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1101215/000110121526000010/bfh-20260210.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001101215-26-000010
- JSON: https://secwatch.observer/filing/0001101215-26-000010.json
- Plain text: https://secwatch.observer/filing/0001101215-26-000010.txt

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