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Bread Financial Holdings, Inc. (NYSE: BFH) will participate in the Bank of America 2024 Financial Services Conference and KBW’s 2024 Fintech & Payments Conference. President and CEO Ralph Andretta, CFO Perry Beberman, and CCO Val Greer will engage in fireside chats. Webcasts will be available for 90 days post-event.
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Bread Financial Holdings, Inc. (NYSE: BFH) provided a performance update, reporting a net loss rate of 8.2% and a delinquency rate of 6.5% for the month ended December 31, 2023. The company also disclosed a 9% year-over-year decrease in average credit card and other loans, as well as a $239 million decrease in period ended credit card and other loans - principal compared to December 31, 2022.
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Bread Financial Holdings, Inc. (BFH) released its fourth quarter and full year 2023 financial results, showcasing a tech-forward approach to financial services. The company offers simple, flexible payment, lending, and saving solutions. The President and CEO, Ralph Andretta, along with CFO Perry Beberman, will host a conference call to discuss the results.
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Bread Financial Holdings, Inc. (BFH) has declared a quarterly cash dividend of $0.21 per share on its common stock, payable on Mar. 15, 2024. The announcement reflects the company's commitment to providing value to its stockholders through regular dividend payments.
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Allegra Driscoll, a veteran technology executive with 20+ years of experience in leading tech strategy and implementation at top global financial service companies, joins Bread Financial as Executive Vice President and CTO. She brings a proven track record of driving business outcomes and leading large-scale transformation and innovation initiatives. Driscoll's collaborative style and deep understanding of financial services will be instrumental in continuing Bread Financial's tech innovation and modernization.
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Bread Financial Holdings, a tech-forward financial services company (NYSE: BFH), will host a conference call on Thursday, Jan. 25, 2024, at 8:30 a.m. ET to discuss the company’s fourth quarter and full year 2023 results. The call will be available at the company’s investor relations website and will include slides. A replay of the conference call will be available until Feb. 8, 2024.
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Bread Financial Holdings, Inc. (NYSE: BFH) announced the pricing and upsize of its offering of an additional $300 million in aggregate principal amount of its 9.750% senior notes due 2029. The offering reflects an increase of $100 million from the previously announced offering size of $200 million. The closing of the issuance of the Additional Notes is expected to occur on January 19, 2023, and is expected to result in approximately $300 million in net proceeds to the Company. The Company intends to use the net proceeds to fund the redemption of its outstanding 7.000% Senior Notes due 2026 and pay related fees, premiums, and expenses.
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Bread Financial Holdings, Inc. (NYSE: BFH) announced a private offering of $200 million aggregate principal amount of its 9.750% Senior Notes due 2029. The company intends to use the net proceeds to fund the redemption of a portion of its outstanding 7.000% Senior Notes due 2026 and pay related fees, premiums, and expenses. The offering is subject to market and other conditions, and the Notes will not be registered under the Securities Act.
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Bread Financial Holdings, Inc. (NYSE: BFH) announced the pricing and upsize of its offering of $600 million in aggregate principal amount of its 9.750% senior notes due 2029. The company intends to use the net proceeds to fund the redemption of its outstanding 4.750% Senior Notes due 2024, repay existing term loans, and pay related fees, premiums, and expenses.
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4.35%
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Bread Financial Holdings, a tech-forward financial services company (NYSE: BFH), reported a net loss rate of 7.9% and a delinquency rate of 6.5% for the month ended November 30, 2023, reflecting an 8% year-over-year decrease in average credit card and other loans. The company also disclosed a net principal loss of $120 million, up from $100 million in the same period last year. These figures were impacted by the transition of credit card processing services in June 2022.
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Bread Financial Holdings, Inc.
NYSE:BFH
BFH Rankings
BFH Stock Data
2.09B
49.11M
0.65%
103.04%
7.17%
Data Processing, Hosting, and Related Services
Information
United States of America
COLUMBUS
About BFH
alliance data® and its businesses comprise n. america’s largest, most comprehensive provider of transaction-based, data-driven marketing and loyalty solutions, driving business growth and profitability for some of today’s most recognizable brands. alliance data retail services is the second-largest u.s. provider of marketing-driven private label and co-brand credit programs designed to increase consumer spend and loyalty. across multiple touch points, like traditional, digital, mobile and other emerging technologies, alliance data retail helps its clients—such as hsn, j. crew, the buckle, and 90 others—create and increase customer loyalty through solutions that engage its nearly 25 million cardholders each day. epsilon® , a leading provider of multi-channel, data-driven technologies and marketing services, manages solutions such as permission-based email marketing, database management, advanced analytics, and strategic consulting and creative services to more than 2,000 global clients.