Here are the 10-K annual reports from BFHIV (BFHIV) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow BFHIV and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BFHIV filings page.
Bread Financial Holdings, Inc. describes a tech-forward consumer finance business built around co-brand and private label credit cards, direct-to-consumer cards, Bread Pay installment and split-pay loans, and Bread Savings retail deposits. As of December 31, 2025, it had $18.8 billion in credit card and other loans across about 34 million open accounts, with an average outstanding balance of $1,047 for accounts with balances.
Bread Savings retail deposits reached $8.5 billion, representing 48% of total funding sources, with estimated uninsured retail deposits of $638 million, or 5% of total deposits. The company highlights a diversified partner base across major brands, growing emphasis on co-brand programs and direct-to-consumer cards, and expansion of Bread Pay’s merchant network.
The report outlines a planned merger of Comenity Bank into Comenity Capital Bank, expected in the second half of 2026, to simplify regulation and improve funding and securitization flexibility. On a pro forma basis at December 31, 2025, the combined bank would have about $21.4 billion in assets, $14.1 billion in deposits and $2.8 billion of Tier I capital and remain well capitalized under Basel III standards.