Recent Updates — BFHIP

Bread Financial Holdings, Inc. issued a press release on August 17, 2026, providing a performance update for the month ended July 31, 2026. End-of-period credit card and other loans totaled $18,543 million, up from $17,594 million in the prior year period. Average loans increased 4.9% to $18,449 million. Net principal losses were $106 million, resulting in a net principal loss rate of 6.80%, down from 7.63% in July 2025. Delinquencies (30 days+) stood at $876 million against period-end loans of $16,378 million, yielding a delinquency rate of 5.35%, compared to 5.82% in the prior year. Bread Financial Holdings, Inc. is a tech-forward financial services company that provides payment, lending, and saving solutions to U.S. consumers.

Bread Financial Holdings, Inc. reported second quarter 2026 results for the period ended June 30, 2026, featuring a net income of $146 million, a 5% increase year-over-year. Revenue grew 7% to $993 million. The company reported a diluted earnings per share of $3.55. Key credit metrics included a delinquency rate of 5.25% and a net loss rate of 6.98%. The company also declared quarterly cash dividends for its Series A preferred stock ($21.56 per share), Series B preferred stock ($30.32 per share), and common stock ($0.23 per share), all payable on September 15, 2026. Bread Financial is a financial services company providing payment, lending, and saving solutions.

Valerie Greer, Executive Vice President and Chief Commercial Officer, has announced her intention to retire, effective around February 19, 2027. Under a Salary Continuation, Release and Retirement Agreement, she will receive her current base salary and benefits until retirement, her 2026 annual cash incentive award, and a $945,000 cash payment. Bread Financial Holdings, Inc. is a financial services company providing consumer and merchant-focused financial products and services.