Welcome to our dedicated page for Bread Financial Holdings news (Ticker: BFH), a resource for investors and traders seeking the latest updates and insights on Bread Financial Holdings stock.
Bread Financial Holdings, Inc. (NYSE: BFH) news hub provides investors and financial professionals with comprehensive updates on this tech-driven financial services provider. Track official announcements, strategic initiatives, and market developments related to BFH's private-label credit solutions, co-brand partnerships, and innovative payment technologies.
This dedicated resource aggregates all essential updates including earnings releases, leadership changes, product launches, and regulatory filings. Users gain centralized access to verified information about BFH's digital-first financial services, including its buy now pay later (BNPL) offerings and retail loyalty program management.
The news collection covers critical business areas such as credit portfolio performance, partnership expansions with major retailers, and technological advancements in payment processing. Content is organized chronologically showcase the company's evolving market position while maintaining historical context for analysis.
Bookmark this page for efficient monitoring of BFH's financial services innovations and corporate developments. Combine regular visits with Stock Titan's analysis tools to maintain informed perspectives on this NYSE-listed financial technology provider.
Bread Financial Holdings (NYSE: BFH) reported significant updates regarding its financial performance as of May 31, 2022. End-of-period credit card and other loans totaled $17,515 million, reflecting a year-over-year increase of 12%. However, net principal losses reached $88 million, representing a substantial rise from $361 million in the previous period. The delinquency rate also increased to 4.0%, up from 3.2% year-over-year. Overall, the company's performance indicates challenges in managing credit risks alongside growth in its lending portfolio.
Bread Financial Holdings (NYSE: BFH), a leader in tech-forward payment solutions, will participate in the Morgan Stanley US Financials, Payments & CRE Conference on June 14, 2022. The event features a fireside chat with CEO Ralph Andretta, CFO Perry Beberman, and CCO Val Greer at 4:00 p.m. EDT. The session will be available for live streaming here or through breadfinancial.com. A recording will be accessible for 90 days post-event. For more information, visit Bread Financial.
Bread Financial Holdings, Inc. (NYSE: BFH) has announced its performance update for the month and four months ending April 30, 2022. The company reported end-of-period loans totaling $17.215 billion, marking a 10% year-over-year increase. Net charge-offs for the month amounted to $73 million, with a 5.2% charge-off rate. The 30-day delinquencies stood at $638 million, resulting in a 3.9% delinquency rate. Overall, the data presents a mixed outlook on the company's financial health, highlighting both growth in loans and concerns regarding delinquencies and charge-offs.
Bread Financial Holdings (NYSE: BFH) announced its performance update, highlighting key financial metrics as of March 31, 2022. The company reported end-of-period credit card and other loans at $16,843 million, a 7% year-over-year increase. Net charge-offs for the month stood at $69 million (5.0% of loans), while the delinquency rate rose to 4.1%. Comparatively, the same period last year saw net charge-offs of $199 million (4.8% of loans) and a 3.8% delinquency rate. This update demonstrates Bread Financial's growth amid increasing credit challenges.
Bread Financial (NYSE: BFH) reported its Q1 2022 financial results, emphasizing its commitment to tech-forward financial services. The company's suite includes personalized payment, lending, and saving solutions. Detailed earnings materials are available on their investor relations website. A conference call discussing the results took place at 8:30 am EDT. Previously known as Alliance Data, Bread Financial aims to deliver growth through innovative solutions. Visit their official website for more information.
Bread Financial Holdings, Inc. (NYSE: BFH) has declared a quarterly cash dividend of
Caesars Entertainment, in partnership with Bread Financial, has launched an upgraded Caesars Rewards Visa card program, enhancing customer loyalty by allowing members to earn both Reward Credits and Tier Credits with purchases. This new initiative offers several bonuses, including 2,500 Tier Credits upon card activation and 10,000 Reward Credits after spending $1,000 within 90 days. With over 65 million members, the Caesars Rewards program is the largest in the gaming industry, providing exclusive benefits across its destinations.
Bread Financial (NYSE: BFH) has rebranded its consumer deposit brand from Comenity Direct to Bread Savings. This change aligns with its recent corporate rebranding and aims to reflect its commitment to innovative financial solutions. Bread Savings offers attractive rates, including 1.5% APY on one-year CDs and 1% APY on high-yield savings accounts, all while ensuring FDIC insurance and no hidden fees. The company emphasizes exceptional customer service and an easy account opening process, designed to help customers effectively save and grow their money.
Bread Financial (NYSE: BFH) has launched the Bread Cashback™ American Express® Credit Card, offering cardholders unlimited 2% cash back with no annual or foreign transaction fees. This new product includes premium benefits such as purchase protection, zero fraud liability, and identity theft insurance, along with access to exclusive American Express offers. The card is targeted at consumers looking for flexible financial solutions without the complexity of managing rewards.