Bread Financial Provides Performance Update for April 2025
Bread Financial Holdings (NYSE: BFH) has released its performance metrics for April 2025. The company reported end-of-period credit card and other loans of $17.72 billion, showing a decline from $17.89 billion in April 2024. The net loss rate improved to 7.8% from 8.6% year-over-year, while delinquency rates decreased to 5.7% from 6.0%.
Average credit card and other loans decreased by 2% year-over-year to $17.71 billion. Net principal losses were $114 million, down from $127 million in the previous year. The company noted that hurricanes Helene and Milton affected their metrics, as they froze delinquency progression for cardholders in FEMA impact zones, which will negatively impact Net principal losses and Net loss rate in Q2 2025.
Bread Financial Holdings (NYSE: BFH) ha pubblicato i dati di performance relativi ad aprile 2025. La società ha riportato un totale di prestiti su carte di credito e altri prestiti a fine periodo pari a 17,72 miliardi di dollari, in calo rispetto ai 17,89 miliardi di dollari di aprile 2024. Il tasso di perdita netta è migliorato raggiungendo il 7,8% rispetto all'8,6% dell'anno precedente, mentre i tassi di insolvenza sono diminuiti al 5,7% dal 6,0%.
I prestiti medi su carte di credito e altri prestiti sono diminuiti del 2% su base annua, attestandosi a 17,71 miliardi di dollari. Le perdite nette sul capitale sono state di 114 milioni di dollari, in calo rispetto ai 127 milioni dell'anno precedente. La società ha segnalato che gli uragani Helene e Milton hanno influenzato i loro dati, poiché hanno sospeso la progressione delle insolvenze per i titolari di carte nelle zone colpite dalla FEMA, il che avrà un impatto negativo sulle perdite nette sul capitale e sul tasso di perdita netta nel secondo trimestre del 2025.
Bread Financial Holdings (NYSE: BFH) ha publicado sus métricas de rendimiento para abril de 2025. La compañía reportó préstamos en tarjetas de crédito y otros préstamos al final del período por 17,72 mil millones de dólares, mostrando una disminución desde los 17,89 mil millones de dólares en abril de 2024. La tasa de pérdida neta mejoró a 7,8% desde el 8,6% interanual, mientras que las tasas de morosidad disminuyeron a 5,7% desde el 6,0%.
Los préstamos promedio en tarjetas de crédito y otros préstamos disminuyeron un 2% interanual a 17,71 mil millones de dólares. Las pérdidas netas de capital fueron de 114 millones de dólares, por debajo de los 127 millones del año anterior. La compañía señaló que los huracanes Helene y Milton afectaron sus métricas, ya que congelaron la progresión de la morosidad para los titulares de tarjetas en las zonas afectadas por FEMA, lo que impactará negativamente las pérdidas netas de capital y la tasa de pérdida neta en el segundo trimestre de 2025.
Bread Financial Holdings (NYSE: BFH)는 2025년 4월 실적 지표를 발표했습니다. 회사는 2025년 4월 말 신용카드 및 기타 대출 잔액이 177억 2천만 달러로, 2024년 4월의 178억 9천만 달러에서 감소했다고 보고했습니다. 순손실률은 전년 대비 8.6%에서 7.8%로 개선되었으며, 연체율은 6.0%에서 5.7%로 감소했습니다.
평균 신용카드 및 기타 대출 잔액은 전년 대비 2% 감소한 177억 1천만 달러였습니다. 순원금 손실은 1억 1,400만 달러로, 전년의 1억 2,700만 달러에서 줄었습니다. 회사는 허리케인 헬렌과 밀튼이 FEMA 영향 지역의 카드 소지자에 대한 연체 진행을 동결함에 따라 지표에 영향을 미쳤으며, 이는 2025년 2분기 순원금 손실과 순손실률에 부정적인 영향을 줄 것이라고 밝혔습니다.
Bread Financial Holdings (NYSE: BFH) a publié ses indicateurs de performance pour avril 2025. La société a déclaré des prêts par carte de crédit et autres prêts en fin de période de 17,72 milliards de dollars, en baisse par rapport à 17,89 milliards de dollars en avril 2024. Le taux de perte nette s'est amélioré à 7,8% contre 8,6% en glissement annuel, tandis que les taux de défaillance ont diminué à 5,7% contre 6,0%.
Les prêts moyens par carte de crédit et autres prêts ont diminué de 2% en glissement annuel pour atteindre 17,71 milliards de dollars. Les pertes nettes sur principal se sont élevées à 114 millions de dollars, en baisse par rapport à 127 millions l'année précédente. La société a noté que les ouragans Helene et Milton ont affecté leurs indicateurs, car ils ont gelé la progression des défaillances pour les titulaires de cartes dans les zones touchées par la FEMA, ce qui aura un impact négatif sur les pertes nettes sur principal et le taux de perte nette au deuxième trimestre 2025.
Bread Financial Holdings (NYSE: BFH) hat seine Leistungskennzahlen für April 2025 veröffentlicht. Das Unternehmen meldete Kreditkarten- und sonstige Darlehen zum Periodenende in Höhe von 17,72 Milliarden US-Dollar, was einen Rückgang gegenüber 17,89 Milliarden US-Dollar im April 2024 darstellt. Die Nettoverlustquote verbesserte sich auf 7,8% von 8,6% im Jahresvergleich, während die Rückstandsraten auf 5,7% von 6,0% sanken.
Die durchschnittlichen Kreditkarten- und sonstigen Darlehen gingen im Jahresvergleich um 2 % auf 17,71 Milliarden US-Dollar zurück. Die Nettoausfälle betrugen 114 Millionen US-Dollar, gegenüber 127 Millionen US-Dollar im Vorjahr. Das Unternehmen wies darauf hin, dass die Hurrikane Helene und Milton die Kennzahlen beeinflusst haben, da sie die Rückstandsfortschritte für Karteninhaber in von FEMA betroffenen Gebieten eingefroren haben, was sich im zweiten Quartal 2025 negativ auf die Nettoausfälle und die Nettoverlustquote auswirken wird.
- Net loss rate improved to 7.8% from 8.6% year-over-year
- Delinquency rate decreased to 5.7% from 6.0% year-over-year
- Net principal losses reduced to $114M from $127M
- Average credit card and other loans declined 2% year-over-year
- End-of-period credit card loans decreased to $17.72B from $17.89B
- Expected negative impact on Net principal losses and Net loss rate in Q2 2025 due to previous hurricane-related accommodations
COLUMBUS, Ohio, May 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 April 30, 2025 | For the month ended April 30, 2024 | ||||||
| (dollars in millions) | |||||||
| End-of-period credit card and other loans | $ | 17,721 | $ | 17,891 | |||
| Average credit card and other loans | $ | 17,712 | $ | 18,006 | |||
| Year-over-year change in average credit card and other loans | (2 | %) | 2 | % | |||
| Net principal losses (1) | $ | 114 | $ | 127 | |||
| Net loss rate (1) | 7.8 | % | 8.6 | % | |||
| As of April 30, 2025 | As of April 30, 2024 | ||||||
| (dollars in millions) | |||||||
| 30 days + delinquencies – principal | $ | 933 | $ | 993 | |||
| Period ended credit card and other loans – principal | $ | 16,264 | $ | 16,492 | |||
| Delinquency rate | 5.7 | % | 6.0 | % | |||
(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, and consequently these actions will negatively impact Net principal losses and Net loss rate in the second quarter of 2025.
About Bread Financial®
Bread Financial® (NYSE: BFH) is a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions to millions of U.S consumers. Our payment solutions, including Bread Financial general purpose credit cards and savings products, empower our customers and their passions for a better life. Additionally, we deliver growth for some of the most recognized brands in travel & entertainment, health & beauty, jewelry and specialty apparel through our private label and co-brand credit cards and pay-over-time products providing choice and value to our shared customers.
To learn more about Bread Financial, our global associates and our sustainability commitments, visit breadfinancial.com or follow us on Instagram and LinkedIn.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements give our expectations or forecasts of future events and can generally be identified by the use of words such as “believe,” “expect,” “anticipate,” “estimate,” “intend,” “project,” “plan,” “likely,” “may,” “should” or other words or phrases of similar import. Similarly, statements that describe our business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. Examples of forward-looking statements include, but are not limited to, statements we make regarding, and the guidance we give with respect to, our anticipated operating or financial results, future financial performance and outlook, future dividend declarations, and future economic conditions.
We believe that our expectations are based on reasonable assumptions. Forward-looking statements, however, are subject to a number of risks and uncertainties that are difficult to predict and, in many cases, beyond our control. Accordingly, our actual results could differ materially from the projections, anticipated results or other expectations expressed in this release, and no assurances can be given that our expectations will prove to have been correct. Factors that could cause the outcomes to differ materially include, but are not limited to, the following: macroeconomic conditions, including market conditions, inflation, interest rates, labor market conditions, recessionary pressures or concerns over a prolonged economic slowdown, and the related impact on consumer spending behavior, payments, debt levels, savings rates and other behaviors; global political and public health events and conditions, including significant shifts in trade policy, such as changes to, or the imposition of, tariffs and/or trade barriers and any economic impacts, volatility, uncertainty and geopolitical instability resulting therefrom, as well as ongoing wars and military conflicts and natural disasters; future credit performance, including the level of future delinquency and write-off rates; the loss of, or reduction in demand from, significant brand partners or customers in the highly competitive markets in which we compete; the concentration of our business in U.S. consumer credit; inaccuracies in the models and estimates on which we rely, including the amount of our Allowance for credit losses and our credit risk management models; the inability to realize the intended benefits of acquisitions, dispositions and other strategic initiatives; our level of indebtedness and ability to access financial or capital markets; pending and future federal and state legislation, regulation, supervisory guidance, and regulatory and legal actions, including, but not limited to, those related to financial regulatory reform and consumer financial services practices, as well as any such actions with respect to late fees, interchange fees or other charges; impacts arising from or relating to the transition of our credit card processing services to third party service providers that we completed in 2022; failures or breaches in our operational or security systems, including as a result of cyberattacks, unanticipated impacts from technology modernization projects or otherwise; and any tax or other liability or adverse impacts arising out of or related to the spinoff of our former LoyaltyOne segment or the bankruptcy filings of Loyalty Ventures Inc. (LVI) and certain of its subsidiaries and subsequent litigation or other disputes. The foregoing factors, along with other risks and uncertainties that could cause actual results to differ materially from those expressed or implied in forward-looking statements, are described in greater detail under the headings “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K for the most recently ended fiscal year, which may be updated in Item 1A of, or elsewhere in, our Quarterly Reports on Form 10-Q filed for periods subsequent to such Form 10-K. Our forward-looking statements speak only as of the date made, and we undertake no obligation, other than as required by applicable law, to update or revise any forward-looking statements, whether as a result of new information, subsequent events, anticipated or unanticipated circumstances or otherwise.
Contacts
Brian Vereb — Investor Relations
Brian.Vereb@breadfinancial.com
Susan Haugen — Investor Relations
Susan.Haugen@breadfinancial.com
Rachel Stultz — Media
Rachel.Stultz@breadfinancial.com
FAQ
What is Bread Financial's (BFH) net loss rate for April 2025?
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What is Bread Financial's delinquency rate as of April 2025?
How will hurricanes Helene and Milton affect BFH's Q2 2025 performance?
