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GlobeNewsWire
17 days ago
Bread Financial Provides Performance Update for October 2025
COLUMBUS, Ohio, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE: BFH), a tech-forward financial services company that provides simple, personalized payment, lending, and saving solutions to millions of U.S. consumers, provided a performance update. The following tables present the Company's net loss rate and delinquency rate for the periods indicated: For the month ended October 31, 2025 For the month ended October 31, 2024 (dollars in millions) End-of-period credit card and other loans $ 17,694 $ 17,915 Average credit card and other loans $ 17,627 $ 17,867 Year-over-year change in average credit card and other loans (1%) —% Net principal losses(1) $ 112 $ 120 Net loss rate(1) 7.5% 7.9% As of October 31, 2025 As of October 31, 2024 (dollars in millions) 30 days + delinquencies – principal $ 963 $ 1,056 Period ended credit card and other loans – principal $ 15,903 $ 16,451 Delinquency rate 6.1% 6.4% (1) As a result of hurricanes Helene and Milton we froze delinquency progression for cardholders in Federal Emergency Management Agency identified impact zones for one billing cycle, which resulted in modestly lower Net principal losses and Net loss rate in the fourth quarter of 2024.