other material
confidence high
sentiment positive
materiality 0.55
Bread Financial July credit metrics improve: net loss rate 6.80% vs 7.63% YoY
BREAD FINANCIAL HOLDINGS, INC.
- Net principal loss rate for July 2026 was 6.80%, down from 7.63% in July 2025.
- Delinquency rate (30+ days) fell to 5.35% from 5.82% year-over-year.
- Average credit card and other loans rose 4.9% YoY to $18,449M; end-of-period loans $18,543M.
- Net principal losses were $106M in July 2026 vs $114M in July 2025.
- Delinquent principal balance declined to $876M from $931M a year earlier.