Bread Financial Holdings, Inc. reports developments across its U.S. consumer finance business, including private label and co-brand credit cards, pay-over-time products, general purpose credit cards and savings products. Company updates commonly cover partner card programs across retail and consumer categories, quarterly results, credit performance metrics such as net principal loss and delinquency rates, and earnings conference materials.
News also includes capital and shareholder actions, including dividends on common and preferred stock, share repurchase authorizations, and preferred stock or depositary share financing activity. Bread Financial’s recurring disclosures emphasize loan balances, credit quality, consumer payment activity, bank subsidiary funding considerations, and board-authorized capital returns.
Bread Financial Holdings, Inc. (NYSE: BFH) has declared a quarterly cash dividend of $0.21 per share, payable on June 17, 2022. This dividend will be available to stockholders of record as of the close of business on May 13, 2022. The company, known for its tech-forward financial services, aims to deliver personalized payment, lending, and savings solutions, enhancing customer experiences through its innovative offerings.
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.