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

Bread Financial Holdings, Inc. (NYSE: BFH), a tech-driven financial services firm, will participate in the Goldman Sachs Financial Services Conference on December 7, 2022. The event will feature a presentation from President Ralph Andretta, CFO Perry Beberman, and CCO Val Greer at 2:20 p.m. EST. A live broadcast will be available here and a replay for 90 days post-event. Headquartered in Columbus, Ohio, Bread Financial focuses on personalized payment, lending, and saving solutions, offering various innovative financial products.

Bread Financial (NYSE: BFH) has announced a collaboration with Versatile Credit to enhance financing options for consumers. Through this partnership, Bread Pay's buy now, pay later (BNPL) solutions will be integrated into Versatile Credit's platform, allowing customers to access financing at the point of sale—both online and in-store. This initiative aims to provide customers with more financial flexibility during checkout and expand distribution in key markets such as elective medical and home improvement.

Bread Financial Holdings (NYSE: BFH) has announced its performance update for October 2022, highlighting key metrics in credit card and loan operations. As of October 31, 2022, the end-of-period credit card and loan balances reached $19.88 billion, a significant increase from $15.98 billion in 2021. The average loan amounts also rose by 23% year-over-year. However, the net loss rate increased to 6.1% compared to 4.1% in the previous year, indicating rising credit risk.

Bread Financial Holdings, Inc. (NYSE: BFH) announced its participation in the Stephens Annual Investment Conference on November 17, 2022, with EVP and CFO Perry Beberman participating in a fireside chat. This event begins at 9:00 a.m. EST and will be broadcast live, with a replay available for 90 days post-presentation. Bread Financial, headquartered in Columbus, Ohio, focuses on offering tech-driven financial services, including payment, lending, and savings solutions, aimed at improving customer experience and providing financial flexibility.

Bread Financial Holdings, Inc. (NYSE: BFH) provided a performance update, revealing key metrics as of September 30, 2022. The end-of-period credit card and other loans reached $18.126 billion, while average loans were $17.720 billion, marking a 16% year-over-year increase. However, net principal losses totaled $74 million for the last month, resulting in a net loss rate of 5.0% and a delinquency rate of 5.7%, up from 3.8% the previous year. These figures reflect the impact of transitioning credit card processing services.

Bread Financial (NYSE: BFH) reported its third quarter 2022 financial results. The company focuses on tech-forward financial services, offering personalized payment, lending, and saving solutions. A conference call will be held at 8:30 am EDT to discuss these results. Investors can find the detailed earnings materials on the company's investor relations website. Bread Financial aims to empower customers through a digital-first approach and a comprehensive product suite, including credit cards and savings solutions.

Bread Financial Holdings, Inc. (NYSE: BFH) has declared a quarterly cash dividend of $0.21 per share, payable on December 16, 2022, to stockholders of record by November 14, 2022. This dividend illustrates the company’s commitment to returning value to its shareholders while continuing to provide personalized financial services. With a tech-forward approach, Bread Financial offers various financial solutions, enabling greater access and financial flexibility for its customers.

Bread Financial (NYSE: BFH) will host a conference call on October 27, 2022, at 8:30 a.m. ET to discuss its Q3 2022 results. Participants can register in advance here. Insights will cover operating performance and future outlook, contributing to the financial services sector through payment and lending solutions. The replay will be available until November 10, 2022.

Bread Financial (NYSE: BFH) announced a donation to The Nature Conservancy to support sustainable forest management and financial wellness in low-to-moderate income communities in Appalachia. This marks the second consecutive year of their support. The donation also funds clean energy projects in India aimed at renewable energy goals. Their efforts align with TNC's climate initiatives, including the Family Forest Carbon Program and the Mining the Sun initiative, which create eco-friendly economic opportunities while mitigating climate change risks.