Bread Financial Holdings, Inc. Stock Price, News & Analysis

Bread Financial Holdings, Inc. (NYSE: BFH), a tech-driven financial services provider, will participate in the Wolfe Fintech Forum on March 15. EVP and CFO Perry Beberman is set to engage in a live fireside chat at 1:10 p.m. EDT, which will be accessible here and via the company's investor relations website. A replay will be available for 90 days post-event. Bread Financial specializes in payment, lending, and saving solutions, aiming to empower customers with digital tools.

Bread Financial (NYSE: BFH), a technology-driven financial services company, announced its participation in the RBC Capital Markets 2023 Global Financials Conference on March 8. The event will feature a fireside chat with President and CEO Ralph Andretta and CFO Perry Beberman, starting at 2:00 p.m. EST. The discussion will be broadcast live, accessible through their investor relations website and a replay will be available for 90 days post-event. Bread Financial offers innovative payment, lending, and saving solutions, enhancing customer experiences and financial flexibility.

Bread Financial Holdings, Inc. (NYSE: BFH) announced its participation in the 2023 KBW Fintech Payments Conference on February 28. EVP and CFO Perry Beberman will engage in a fireside chat at 1:25 p.m. EST, which will be broadcast live. Investors can access the chat on the company's investor relations website, with a replay available for 90 days post-event. Bread Financial focuses on digital payment, lending, and saving solutions, enabling financial flexibility and exceptional customer experiences. The organization is headquartered in Columbus, Ohio, and is committed to sustainable practices.

Bread Financial Holdings, Inc. (NYSE: BFH) released a performance update for January 2023. The company reported a net loss rate of 6.7%, up from 4.6% in January 2022, indicating a significant increase in losses. Additionally, the delinquency rate peaked at 5.8%, compared to 4.2% the previous year. The total end-of-period credit card and other loans reached $20.837 billion, reflecting a 23% year-over-year change in average loans. Net principal losses were reported at $115 million, an increase from $64 million. These metrics were notably impacted by the transition of credit card processing services.

Bread Financial Holdings (NYSE: BFH), a tech-forward financial services company, will participate in two upcoming conferences: the Credit Suisse Financial Services Forum on February 14 and the Bank of America Securities 2023 Financial Services Conference on February 15. CEO Ralph Andretta and CFO Perry Beberman will engage in fireside chats at both events. The Credit Suisse chat is scheduled for 1:30 p.m. EST, while the Bank of America chat will be at 12:50 p.m. EST. Both sessions will be broadcast live, with replays available for 90 days. Bread Financial offers personalized payment, lending, and saving solutions, enhancing customer experiences through digital platforms.

Bread Financial Holdings (NYSE: BFH) has provided a performance update highlighting significant metrics for the month and three months ending December 31, 2022. The company reported an end-of-period credit card and other loans totaling $21,364 million, reflecting a 23% year-over-year increase. However, net principal losses rose to $312 million for the quarter, leading to a net loss rate of 6.7%, up from 6.3% the previous year. The delinquency rate also increased to 5.5% from 3.9%. The results were influenced by the transition of credit card processing services and the recent acquisition of the AAA credit card portfolio.

Bread Financial Holdings (NYSE: BFH) announced its fourth quarter and full year 2022 financial results, highlighting its tech-forward approach to financial services. The company offers payment, lending, and saving solutions to enhance customer experience and financial flexibility. Key executives Ralph Andretta and Perry Beberman will discuss the results in a conference call at 8:30 a.m. EST. Earnings materials are available on their investor relations website. With over 6,000 associates, Bread Financial is committed to sustainable practices and innovative digital solutions, including private label and co-brand credit cards.

Bread Financial (NYSE: BFH) has entered a multi-year co-brand credit card agreement with the New York Yankees, set to launch before the 2023 MLB season. The New York Yankees Mastercard will offer cardholders 5% back on purchases at Yankee Stadium, 3% on dining and transit, and 1% on all other purchases. The Pinstripe Rewards program will allow users to redeem points for game tickets and exclusive experiences. Utilizing digital features like in-stadium QR codes, fans can apply and add the card to their digital wallets seamlessly. This partnership aims to enhance fan engagement and loyalty.

Bread Financial Holdings (NYSE: BFH) has declared a quarterly cash dividend of $0.21 per share, set to be paid on March 17, 2023. The payment is to be made to stockholders on record as of February 10, 2023. This move reflects the company's ongoing commitment to returning value to shareholders while providing personalized payment, lending, and saving solutions. Headquartered in Columbus, Ohio, Bread Financial focuses on digital-first financial services and aims to create opportunities for its partners and customers through innovative and flexible financial products.