Bread Financial Holdings, Inc. provided a performance update for July 2025, showcasing net loss rate and delinquency rate comparisons.
The company's net loss rate decreased from 8.0% in July 2024 to 7.6% in July 2025.
Delinquency rate also improved, dropping from 6.2% in July 2024 to 5.8% in July 2025.
Decrease in Net Loss Rate
Net loss rate declined from 8.0% in July 2024 to 7.6% in July 2025.
Improved Delinquency Rate
Delinquency rate decreased from 6.2% in July 2024 to 5.8% in July 2025.
- The performance update showcases positive trends in credit card and other loans, indicating improved financial stability and risk management by Bread Financial Holdings.
- The reduction in net loss rate and delinquency rate reflects effective strategies implemented by the company to mitigate credit risks and enhance customer repayment behavior.
Bread Financial Holdings' performance update for July 2025 demonstrates a commitment to financial health and stability, positioning the company for continued growth and success in the competitive financial services industry.