Bread Financial Holdings, Inc. provided a performance update for August 2025, showcasing its net loss rate and delinquency rate.
The company reported a 1% year-over-year decrease in average credit card and other loans.
Net loss rate decreased from 7.8% to 7.6% compared to the previous year.
Delinquency rate also improved from 6.2% to 5.8% year over year.
Bread Financial is a tech-forward financial services company providing simple, personalized payment, lending, and saving solutions to U.S. consumers.
Net Loss Rate Improvement
Net loss rate decreased from 7.8% to 7.6% compared to the previous year.
Delinquency Rate Decrease
Delinquency rate improved from 6.2% to 5.8% year over year.
Stable Loan Portfolio
Reported a 1% year-over-year decrease in average credit card and other loans.
Company Description
Bread Financial is a tech-forward financial services company providing personalized payment, lending, and saving solutions to U.S. consumers.
- The improvements in net loss rate and delinquency rate demonstrate Bread Financial's commitment to risk management and financial stability.
- The stable loan portfolio indicates the company's ability to manage credit and lending operations effectively.
Bread Financial's performance update for August 2025 reflects positive trends in key financial metrics and underscores its position as a provider of innovative financial solutions.