BFH · Bread Financial Holdings, Inc.

Summary

Bread Financial reported improved credit metrics for April 2026, with net principal loss rate declining to 7.09% from 7.85% year-over-year.

Key takeaways

• Net principal loss rate improved to 7.09% in April 2026 from 7.85% in April 2025, indicating better credit performance.
• Delinquency rate decreased to 5.34% as of April 30, 2026 from 5.73% a year earlier, reflecting improved portfolio quality.
• Average credit card and other loans grew 2.0% year-over-year to $18.1 billion, signaling modest portfolio expansion.
• Net principal losses declined to $105 million from $114 million year-over-year, partly due to prior hurricane-related delinquency freezes.