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) has released a performance update, highlighting key metrics as of June 30, 2022. The company reported end-of-period credit card and other loans totaling $17,769 million, with an average loan amount of $17,298 million, reflecting a 12% year-over-year increase. However, net principal losses reached $77 million, representing 5.4% of average loans. Additionally, the delinquency rate grew to 4.4%, compared to 3.3% the previous year. These figures indicate ongoing challenges in managing credit risk.
Bread Financial (NYSE: BFH) reported its second quarter 2022 financial results, emphasizing its tech-forward approach in providing personalized financial services. The company focuses on payment, lending, and saving solutions, leveraging digital technology and data insights. Key financial metrics and earnings materials are accessible on their investor relations website. A conference call hosted by CEO Ralph Andretta and CFO Perry Beberman is scheduled for 8:30 am EDT today to discuss these results further.
Bread Financial (NYSE: BFH) announced a definitive agreement to acquire the existing AAA credit card portfolio and launch two new credit card products: the AAA Travel Advantage Visa and the AAA Daily Advantage Visa. This partnership aims to provide consumers with enhanced accessibility to AAA rewards, addressing the needs of over 56 million AAA members. The new cards are designed to deliver tangible rewards on everyday purchases. The transaction is anticipated to close in early Q4 2022, pending customary conditions.
Bread Financial Holdings, Inc. (NYSE: BFH) declared a quarterly cash dividend of $0.21 per share, payable on September 16, 2022, to shareholders on record as of August 12, 2022. The company focuses on providing tech-driven financial services, including payment, lending, and savings solutions. With a commitment to sustainable practices and a digital-first approach, Bread Financial seeks to enhance customer experiences and financial flexibility.
Bread Financial Holdings (NYSE: BFH) will host a conference call on Thursday, July 28, 2022, at 8:30 a.m. ET to discuss its second quarter 2022 results. Interested participants can register in advance and access the call via Bread Financial's website. A replay will be available for two weeks post-call. As a tech-forward financial services company, Bread Financial delivers innovative payment, lending, and saving solutions, aiming to enhance customer experiences and drive growth through its diverse product offerings.
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.
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