---
schema_version: "secwatch.filing_event.v1"
accession: "0001101215-26-000032"
form_type: "8-K"
ticker: "BFH"
cik: "0001101215"
company_name: "BREAD FINANCIAL HOLDINGS, INC."
filed_at: "2026-03-11T23:59:59+00:00"
generated_at: "2026-05-15T14:41:11.595608+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Bread Financial Feb 2026 net loss rate drops to 7.7% from 8.6% YoY; delinquency to 5.8%

## Summary
- 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.

## SEC filing metadata
- accession: 0001101215-26-000032
- form_type: 8-K
- ticker: BFH
- cik: 0001101215
- company_name: BREAD FINANCIAL HOLDINGS, INC.
- filed_at: 2026-03-11T23:59:59+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/1101215/000110121526000032/0001101215-26-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1101215/000110121526000032/bfh-20260311.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001101215-26-000032
- JSON: https://secwatch.observer/filing/0001101215-26-000032.json
- Plain text: https://secwatch.observer/filing/0001101215-26-000032.txt

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