other material
confidence high
sentiment positive
materiality 0.60
Bread Financial Feb 2026 net loss rate drops to 7.7% from 8.6% YoY; delinquency to 5.8%
BREAD FINANCIAL HOLDINGS, INC.
- Net principal loss rate improved to 7.7% vs 8.6% YoY; losses fell 10% to $108M.
- Delinquency rate (30+ days) decreased to 5.8% from 6.2% YoY; delinquent principal down to $939M.
- Average credit card and other loans grew 1% YoY to $18.3B, reversing prior year decline of 2%.
- End-of-period credit card and other loans $18.1B, up slightly from $17.9B in Feb 2025.