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) is frequently featured in financial news as a tech-forward financial services company focused on payment, lending and saving solutions for millions of U.S. consumers. News about BFH often highlights its credit card and lending performance, capital markets activity and participation in industry conferences.
Regular performance updates provide details on end-of-period credit card and other loans, average loan balances, net principal losses, net loss rates and delinquency rates for specific months or quarters. These releases help readers track trends in U.S. consumer credit within Bread Financial’s portfolio and understand how credit performance evolves over time.
BFH news coverage also includes announcements about debt and preferred equity offerings, such as private offerings of senior notes and public offerings of depositary shares representing interests in its Non-Cumulative Perpetual Preferred Stock, Series A. Related disclosures describe intended uses of proceeds, including general corporate purposes, potential contributions or loans to subsidiary banks and share repurchases.
In addition, Bread Financial issues press releases about its participation in financial services and fintech conferences, where members of senior management take part in fireside chats that are broadcast to investors and analysts. The company also announces upcoming earnings conference calls for quarterly and full-year results.
Investors and observers who follow BFH news can use this page to review a stream of company-issued updates, capital markets transactions, performance metrics and event participation. Bookmark this feed to quickly access the latest Bread Financial press releases and related market disclosures in one place.
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.
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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.
Bread Financial Holdings (NYSE: BFH) will host a conference call on April 28, 2022, at 8:30 a.m. ET to discuss its Q1 2022 results. Participants can register in advance online. A replay will be available shortly after the call until May 12, 2022, with access via specific numbers. Bread Financial is a tech-forward financial services company, providing flexible payment, lending, and saving solutions, aiming to enhance customer experiences through digital platforms.