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. reports developments across its U.S. consumer finance business, including private label and co-brand credit cards, pay-over-time products, general purpose credit cards and savings products. Company updates commonly cover partner card programs across retail and consumer categories, quarterly results, credit performance metrics such as net principal loss and delinquency rates, and earnings conference materials.
News also includes capital and shareholder actions, including dividends on common and preferred stock, share repurchase authorizations, and preferred stock or depositary share financing activity. Bread Financial’s recurring disclosures emphasize loan balances, credit quality, consumer payment activity, bank subsidiary funding considerations, and board-authorized capital returns.
Bread Financial (NYSE: BFH) has launched modified Dutch auction cash tender offers to purchase up to $150 million of its outstanding notes. The tender offers target up to $100 million of 9.750% Senior Notes due 2029 and up to $50 million of 8.375% Fixed-Rate Subordinated Notes due 2035.
The tender offers will expire on August 21, 2025, with an early participation deadline of August 6, 2025. Holders who tender before the early participation date will receive an additional $50.00 per $1,000 principal amount. The bid price range is $1,040-$1,070 for 2029 Notes and $995-$1,025 for 2035 Notes.
J.P. Morgan Securities LLC is acting as the sole lead dealer manager, with multiple co-dealer managers supporting the offers. The early payment date is expected around August 11, 2025, with final payment on August 26, 2025.
Bread Financial (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 September 12, 2025, to stockholders who are on record as of the close of business on August 8, 2025. Bread Financial continues to maintain its commitment to returning value to shareholders through regular dividend payments.
Bread Financial (NYSE:BFH) and Caesars Entertainment have launched the new Caesars Rewards Prestige Visa Signature credit card, a premium-level card offering enhanced rewards and benefits. For a $149 annual fee, cardmembers receive benefits valued at up to $450 annually, including a complimentary hotel night (up to $300), $50 Slot Play, and $100 dining credit.
The card offers accelerated earning rates with 7 Reward Credits per $1 spent at Caesars destinations. New cardholders can earn up to 25,000 Tier Credits in their first year through welcome offers and spending bonuses. The card complements the existing Caesars Rewards Visa suite and features no foreign transaction fees.
Bread Financial Holdings (NYSE: BFH), a tech-forward financial services company, has scheduled its second quarter 2025 earnings conference call for Thursday, July 24, 2025, at 8:30 a.m. ET. The company will discuss its Q2 2025 financial results during the call.
The presentation will include accompanying slides and will be accessible through the company's investor relations website. Analysts interested in participating in the Q&A session must register in advance. The webcast will be archived for future reference.
Bread Financial Holdings (NYSE: BFH) has released its performance metrics for April 2025. The company reported end-of-period credit card and other loans of $17.72 billion, showing a decline from $17.89 billion in April 2024. The net loss rate improved to 7.8% from 8.6% year-over-year, while delinquency rates decreased to 5.7% from 6.0%.
Average credit card and other loans decreased by 2% year-over-year to $17.71 billion. Net principal losses were $114 million, down from $127 million in the previous year. The company noted that hurricanes Helene and Milton affected their metrics, as they froze delinquency progression for cardholders in FEMA impact zones, which will negatively impact Net principal losses and Net loss rate in Q2 2025.
Bread Financial (NYSE: BFH) has released its 2024 Sustainability Report, marking its twelfth annual publication. The report highlights the company's progress across five key sustainability areas. Notable achievements include:
The company earned its 19th consecutive Center of Excellence certification from BenchmarkPortal for customer service and received Great Place to Work Certification in both the U.S. and India. Bread Financial established new greenhouse gas reduction targets for 2030, issued 1.5 million sustainable plastic cards, and enhanced its Enterprise Risk Management Framework.
In community engagement, the company's charitable donations exceeded $9 million in 2024, with employee donations reaching $3 million after company matching. Associates contributed over 10,000 volunteer hours. The company also improved its operational excellence, expanded its mobile app offerings, and enhanced employee benefits including automatic 401(k) contributions.