Bread Financial Holdings, Inc. provided a performance update for November 2025, showcasing net loss rate and delinquency rate data.
End-of-period credit card and other loans for November 2025 were $18,094 million compared to $18,143 million in November 2024.
Average credit card and other loans showed a year-over-year change of -1%.
Net principal losses were $109 million in November 2025 as compared to $118 million in November 2024.
30 days + delinquencies-principal decreased from $1,032 million in November 2024 to $967 million in November 2025.
Net Loss Rate Improvement
The net loss rate decreased from 8.0% in November 2024 to 7.4% in November 2025, indicating a positive trend in credit performance.
Decrease in Delinquency Rate
The delinquency rate dropped from 6.2% in November 2024 to 6.0% in November 2025, reflecting improved payment behavior among borrowers.
Impact of Hurricanes Helene and Milton
The freeze on delinquency progression for cardholders in FEMA impact zones due to hurricanes led to lower net principal losses and net loss rate in Q4 2024.
- Bread Financial's performance update for November 2025 highlights a steady improvement in credit metrics with a reduced net loss rate and delinquency rate compared to the previous year.
- The company's proactive measures during natural disasters like hurricanes Helene and Milton show resilience in managing credit risks and supporting affected customers.
Bread Financial's November 2025 performance update underscores the strength of its credit management strategies and commitment to customer financial well-being amid challenging circumstances like natural disasters.