---
schema_version: "secwatch.filing_event.v1"
accession: "0001101215-26-000037"
form_type: "8-K"
ticker: "BFH"
cik: "0001101215"
company_name: "BREAD FINANCIAL HOLDINGS, INC."
filed_at: "2026-04-23T23:59:59+00:00"
generated_at: "2026-05-15T04:24:40.346864+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Bread Financial March 2026 net principal loss rate 7.23%, delinquency improves to 5.59%

## Summary
- Net principal loss rate of 7.23% for March 2026 (month); 7.33% for Q1 2026.
- End-of-period credit card & other loans $18.14B; average loans $18.04B for March, up 1.3% YoY.
- Net principal losses $111M for March, $331M for Q1 2026.
- 30+ day delinquency rate 5.59% as of March 31, 2026, vs 5.93% a year earlier.
- Average credit card loans for Q1 2026 were $18.28B, up 0.7% YoY.

## SEC filing metadata
- accession: 0001101215-26-000037
- form_type: 8-K
- ticker: BFH
- cik: 0001101215
- company_name: BREAD FINANCIAL HOLDINGS, INC.
- filed_at: 2026-04-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1101215/000110121526000037/0001101215-26-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1101215/000110121526000037/bfh-20260423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001101215-26-000037
- JSON: https://secwatch.observer/filing/0001101215-26-000037.json
- Plain text: https://secwatch.observer/filing/0001101215-26-000037.txt

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