Bread Financial Holdings, Inc., a leading tech-forward financial services company, has provided a performance update. The update offers insights into the company’s financial performance, highlighting key metrics and trends. Financial Performance Highlights
The following tables present the Company’s net loss rate and delinquency rate for the periods indicated:
| End-of-period credit card and other loans ($ in millions) | March 31, 2025 | March 31, 2024 |
| End-of-period credit card and other loans | $17,815 | $16,390 |
| Delinquency rate (5.9% and 6.2% for the respective periods) |
These financial metrics demonstrate the company’s continued growth and stability in the financial services industry. Payment Solutions and Lending Services
Bread Financial provides simple, personalized payment, lending, and saving solutions to millions of U.S. consumers. The company’s payment solutions, including general purpose credit cards and savings products, empower customers to achieve their financial goals. Bread Financial also offers growth opportunities for well-known brands in travel & entertainment, health & beauty, jewelry, and specialty apparel through its private label and co-brand credit cards and pay-over-time products. Delinquency and Net Loss Rates
The company’s delinquency rate for the period ended March 31, 2025, was 5.9%, while the net loss rate was 8.1% for the same period. These rates are compared to a delinquency rate of 6.2% and a net loss rate of 8.2% for the previous year. Forward-Looking Statements
The company’s forward-looking statements are subject to various risks and uncertainties, including macroeconomic conditions, global political and public health events, and future credit performance. These factors can impact the company’s financial performance and overall growth. Risk Factors
The company’s risk factors, including macroeconomic conditions, global political and public health events, and future credit performance, are discussed in greater detail in the company’s Annual Report on Form 10-K and Item 1A of its Quarterly Reports on Form 10-Q. Contact Information
For more information, please contact:
* Brian Vereb, Investor Relations: Brian.Vereb@BreadFinancial.com
* Susan Haugen, Investor Relations: Susan.Haugen@BreadFinancial.com
* Rachel Stultz, Media: Rachel.Stultz@BreadFinancial.com
Sustainability Commitments
Bread Financial is committed to sustainability and transparency. The company’s sustainability commitments can be found on its website at breadfinancial.com. Global Associates and Partners
Bread Financial’s global associates and partners play a crucial role in the company’s success. The company’s global associates and partners can be found on its website at breadfinancial.com. Financial Services Industry
The financial services industry is highly competitive, with numerous players vying for market share. Bread Financial’s focus on innovation and customer satisfaction sets it apart from its competitors. Conclusion
In conclusion, Bread Financial Holdings, Inc. has provided a performance update that highlights the company’s financial performance and growth. The company’s commitment to innovation, customer satisfaction, and sustainability sets it apart in the financial services industry. With a strong foundation in place, Bread Financial is well-positioned for continued success in the years to come.
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