BFH news

The company is issuing 5 million depositary shares for $125 million excluding the underwriters' option, initiating a non-cumulative preferred stock issue with Morgan Stanley and RBC as representatives.

Bread Financial Holdings announced the launch of an underwritten public offering of Series C Preferred Stock depositary shares with an NYSE listing request. The offering is led by five investment banks including Morgan Stanley, with proceeds for corporate purposes, bank contributions, and share repu…

Bread Financial posted a 5.99% net principal loss rate for the month and 5.57% delinquency rate as of September 2026, continuing its positive performance trends.

Growth in credit sales and end-of-period loans, plus a 9% dividend increase, demonstrate the company's sustained financial strength and positive long-term outlook.

Bread Financial's net principal loss rate improved to 6.40% and delinquency rate dropped to 5.36% in August, from higher rates a year ago.

Bread Financial Holdings Inc. amended its credit agreement for the second time, effective as of Sept. 3, 2026, through this filing.

Bread Financial reported improved credit card loss rates for July 2026, including a net principal loss rate of 6.80% and a delinquency rate of 5.35%, compared to the prior year, reflecting a 4.9% year-over-year increase in average loan balances.

Bread Financial reported rising monthly and quarterly net principal loss rates in June 2026, alongside an increase in delinquencies.

Bread Financial reported strong second quarter results with 7% revenue growth and $146 million net income, highlighting continued resilience in deposits and credit sales. The company also improved its 2026 outlook and completed preferred stock issuance and share retirements.

Bread Financial named Dennis McCarthy as Executive Vice President and Chief Revenue Officer to succeed retiring executive Valerie Greer. This leadership transition aims to support the company's continued strategic transformation and growth objectives.

Beeline Financial Holdings plans to acquire MagicBlocks, Inc., exchanging shares for SAFEs and paying nominal cash. This consolidates the company, which results in zero residual equity value due to the enterprise value being lower than outstanding SAFE obligations.

Bread Financial's net principal loss rate improved to 6.98% in May 2026 from 7.97% year-over-year, while delinquency rates declined to 5.24% from 5.71%. The improvements suggest stabilizing credit quality and lower default risk in the company's loan portfolio.