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Bread Financial Holdings, Inc. - BFH STOCK NEWS

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) news hub provides investors and financial professionals with comprehensive updates on this tech-driven financial services provider. Track official announcements, strategic initiatives, and market developments related to BFH's private-label credit solutions, co-brand partnerships, and innovative payment technologies.

This dedicated resource aggregates all essential updates including earnings releases, leadership changes, product launches, and regulatory filings. Users gain centralized access to verified information about BFH's digital-first financial services, including its buy now pay later (BNPL) offerings and retail loyalty program management.

The news collection covers critical business areas such as credit portfolio performance, partnership expansions with major retailers, and technological advancements in payment processing. Content is organized chronologically showcase the company's evolving market position while maintaining historical context for analysis.

Bookmark this page for efficient monitoring of BFH's financial services innovations and corporate developments. Combine regular visits with Stock Titan's analysis tools to maintain informed perspectives on this NYSE-listed financial technology provider.

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Bread Financial Holdings, a tech-forward financial services company (NYSE: BFH), reported a year-over-year increase in net loss rate and delinquency rate for the month ended July 31, 2023. The net loss rate increased from 4.5% to 7.4%, and the delinquency rate rose from 4.8% to 5.7%. The company's average credit card and other loans also saw a 1% increase in the year-over-year change in average credit card and other loans. The net principal losses for July 2023 were $108 million, compared to $65 million in July 2022. The company attributed these changes to the transition of their credit card processing services.
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Rhea-AI Summary
Bread Financial Holdings, Inc. (NYSE: BFH) provided an update on its performance, revealing a 2% year-over-year increase in average credit card and other loans for the month ended June 30, 2023. The net loss rate was 7.7% for the month and 8.0% for the three months ended June 30, 2023. Delinquency rate also increased to 5.5% as of June 30, 2023 compared to 4.4% as of June 30, 2022.
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Bread Financial has signed an agreement to provide payment solutions for Dell Technologies, including a private label credit program. They will also acquire Dell's existing consumer credit portfolio. The Dell Pay program, expected to launch in Q4 2023, will offer special financing options and a seamless application process for Dell customers.
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Bread Financial Holdings, Inc. (NYSE: BFH) announces Q2 2023 financial results, with President and CEO Ralph Andretta and CFO Perry Beberman hosting a conference call at 8:30 a.m. ET to discuss the results. The company provides simple, flexible payment, lending, and saving solutions. For more information, visit their investor relations website.
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Bread Financial Holdings, Inc. (NYSE: BFH) has announced a new plan to repurchase up to $35 million of its common stock. The share buyback aims to offset dilution caused by employee restricted stock units. The repurchase program is authorized until December 31, 2023, and allows the company to make open market repurchases. Additionally, the company declared a quarterly cash dividend of $0.21 per share, payable on September 15, 2023.
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Bread Financial Holdings, Inc. will host a conference call on July 27, 2023, to discuss its second quarter 2023 results. Participants can register in advance and access the call on the company's investor relations website. A replay of the call will be available until August 10, 2023.
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Joyce St. Clair joins Bread Financial's board as an independent director. She brings over three decades of experience in the financial services industry and will serve on the compensation & human capital committee and risk committee.
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Bread Financial Holdings, Inc.

NYSE:BFH

BFH Rankings

BFH Stock Data

2.21B
47.68M
1.01%
102.66%
7.63%
Credit Services
Personal Credit Institutions
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United States
COLUMBUS