Welcome to our dedicated page for Bread Financial Holdings news (Ticker: BFH), a resource for investors and traders seeking the latest updates and insights on Bread Financial Holdings stock.
Bread Financial Holdings, Inc. (NYSE: BFH) is a tech-forward financial services company headquartered in Columbus, Ohio, dedicated to providing simplified and personalized payment, lending, and savings solutions. Formed through the combination of JCPenney's credit card processing unit and The Limited's credit card bank business, Bread Financial has grown to become a leader in private label and co-branded credit cards, loyalty programs, and marketing services.
At its core, Bread Financial partners with retailers to offer customized credit card programs that enhance consumer spending and loyalty. Notable clients include HSN, J. Crew, and The Buckle. The company's data-driven marketing strategies are designed to engage nearly 25 million cardholders daily across various touchpoints like traditional, digital, and mobile platforms.
The company's most significant financial unit is its credit card business, where it collaborates with retailers to market Bread Financial's credit cards to their customers. Additionally, Bread Financial owns a minority interest in its recently spun-off LoyaltyOne division, which operates Canada's largest airline miles loyalty program and provides marketing services to grocery chains in Europe and Asia.
Epsilon, a key segment of Bread Financial, excels in multi-channel, data-driven technologies, and marketing services. Epsilon offers a comprehensive suite of services, including email marketing, database management, advanced analytics, and strategic consulting to over 2,000 global clients.
Driven by a digital-first approach, Bread Financial leverages data insights and white-label technology to deliver growth for its partners. Its comprehensive suite includes private label and co-branded credit cards, Bread Pay™ buy now, pay later products, and direct-to-consumer products such as the Bread Cashback™ American Express® Credit Card and Bread Savings™ products.
The company employs approximately 7,000 global associates and is committed to sustainable business practices. Recent achievements include the introduction of innovative financial products and strategic share repurchase programs to offset the impact of dilution from employee stock units. Bread Financial remains focused on providing exceptional customer experiences and fostering financial flexibility and empowerment through digitally enabled choices.
For more information, visit Bread Financial's official website or follow them on social media platforms like Facebook, LinkedIn, Twitter/X, and Instagram.
Bread Financial Holdings (NYSE: BFH) has announced its participation in the 2025 RBCCM Global Financial Institutions Conference on Tuesday, March 4. The company's Chief Financial Officer, Perry Beberman, will be featured in a fireside chat scheduled for 11:20 a.m. ET.
The fireside chat will be broadcast live and can be accessed through Bread Financial's investor relations website. A replay of the webcast will remain available for 90 days after the event.
Bread Financial describes itself as a tech-forward financial services company providing simple, personalized payment, lending, and saving solutions.
Bread Financial Holdings (NYSE: BFH) has released its January 2025 performance metrics, showing improvements in key credit indicators despite lower loan volumes. The company's end-of-period credit card and other loans decreased to $18.366 billion from $18.785 billion year-over-year, representing a 2% decline in average loans.
The net loss rate improved to 7.8% from 8.0% year-over-year, with net principal losses decreasing to $123 million from $128 million. The delinquency rate also showed improvement, dropping to 6.1% from 6.8%, with 30+ days delinquencies decreasing to $1.032 billion from $1.170 billion year-over-year.
Bread Financial Holdings (NYSE: BFH) has announced its participation in the BofA Securities 2025 Financial Services Conference scheduled for Tuesday, February 11, 2025. The company's Chief Financial Officer, Perry Beberman, will engage in a fireside chat at 3:30 p.m. ET.
The discussion will be broadcast live and accessible through both the conference platform and Bread Financial's investor relations website. Interested parties who cannot attend the live session can access a replay of the webcast, which will remain available for 90 days after the event.
Bread Financial, positioned as a tech-forward financial services company, specializes in providing simple, personalized payment, lending, and saving solutions to millions of U.S. consumers.
Bread Financial Holdings (NYSE: BFH) released its December 2024 performance update, showing mixed credit metrics. The company reported end-of-period credit card and other loans of $18,896 million, with average credit card loans showing a 1% year-over-year decline. The net loss rate was 8.1% for December and 8.0% for Q4 2024.
Delinquency metrics showed improvement, with the 30+ days delinquency rate decreasing to 5.9% from 6.5% year-over-year. The company noted that hurricanes Helene and Milton impacted their metrics, as they froze delinquency progression for cardholders in FEMA-identified impact zones for one billing cycle. This action will result in lower net principal losses in Q4 2024 but will negatively affect these metrics in Q2 2025.
Bread Financial Holdings (NYSE: BFH) has released its financial results for the fourth quarter and full year 2024. The company, which specializes in tech-forward financial services including payment, lending, and saving solutions, will discuss the results during a conference call hosted by CEO Ralph Andretta and CFO Perry Beberman at 8:30 a.m. ET. The earnings materials are available on the company's investor relations website, where a replay of the conference call will also be accessible.
Bread Financial Holdings (NYSE: BFH) has announced a quarterly cash dividend payment. The company's Board of Directors has declared a dividend of $0.21 per share on its common stock. The dividend will be paid on March 21, 2025, to shareholders who are recorded as stockholders at the close of business on February 14, 2025. Bread Financial is positioned as a tech-forward financial services company offering payment, lending, and saving solutions.
Bread Financial Holdings (NYSE: BFH) has announced its upcoming fourth quarter and full year 2024 earnings conference call, scheduled for January 30, 2025, at 8:30 a.m. ET. The tech-forward financial services company, which specializes in payment, lending, and saving solutions, will present their financial results through a webcast accompanied by slides.
Participants can register in advance for the conference call, which will be accessible through the company's investor relations website. Analysts interested in participating in the Q&A session are required to register separately. The presentation materials will be available on the website, and attendees are advised to log in 15 minutes before the call to complete registration and software installation. The webcast will be archived on the investor relations website for future reference.
Bread Financial Holdings (NYSE: BFH) released its November 2024 performance update, showing mixed results in key metrics. The company reported end-of-period credit card and other loans at $18.143 billion, down from $18.780 billion in November 2023. The average credit card loans decreased by 1% year-over-year.
The net loss rate slightly increased to 8.0% from 7.9% year-over-year, while the delinquency rate improved to 6.2% from 6.5%. The company noted that hurricanes Helene and Milton impacted Q4 2024 metrics, as they froze delinquency progression for cardholders in FEMA-identified zones, which will result in higher metrics in Q2 2025.
Hard Rock International has launched the Unity™ by Hard Rock Mastercard®, a no-annual-fee credit card program for U.S.-based Unity loyalty program members. The card enables members to earn Unity Points across Hard Rock's global portfolio of hotels, casinos, cafes, and retail stores.
Cardholders can earn points at different rates: 5X points at non-casino properties, 4X points on non-gaming casino spend, 2X points at restaurants and grocery stores, and 1X points on all other purchases. The program offers a welcome bonus of 10,000 Unity Points for spending $1,000 within 90 days outside Hard Rock properties, and 5,000 Tier Credits with $5,000 annual spend.
Hard Rock has partnered with Comenity Capital Bank, a Bread Financial (NYSE: BFH) subsidiary, for this initiative. The card integrates with the Unity loyalty program, which serves over 200 Hard Rock locations worldwide.
Bread Financial Holdings (NYSE: BFH) has announced its participation in the Goldman Sachs Financial Services Conference 2024. The company's President and CEO Ralph Andretta and EVP/CFO Perry Beberman will engage in a fireside chat on Wednesday, Dec. 11 at 1:40 p.m. ET.
The discussion will be broadcast live and can be accessed through Bread Financial's investor relations website. A replay of the webcast will remain available for 90 days after the event. Bread Financial is noted as a tech-forward financial services company offering simple, personalized payment, lending and saving solutions.
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