Bread Financial announces $200 million share repurchase program

COLUMBUS, Ohio - Bread Financial Holdings, Inc. (NYSE:BFH), trading near Fair Value according to InvestingPro analysis, announced Wednesday that its Board of Directors has authorized a new $200 million share repurchase program with no expiration date.

The financial services company, which has shown strong momentum with a nearly 20% return over the past six months, said the repurchase plan does not obligate it to acquire any specific number of shares and may be suspended or terminated at any time. Share repurchases will be subject to market conditions and other factors, including legal and regulatory restrictions.

"We are pleased with the progress we have made to strengthen our company. Bread Financial is well-positioned to execute against our capital priorities to grow responsibly, maintain our balance sheet strength, and return value to our shareholders," said Ralph Andretta, president and chief executive officer of Bread Financial. The company maintains a healthy 1.32% dividend yield and trades at an attractive P/E ratio of 10.7x, with InvestingPro data showing six additional key insights available for subscribers.

Bread Financial provides payment, lending, and saving solutions to millions of U.S. consumers. The company offers general purpose credit cards and savings products, as well as private label and co-brand credit cards for various retail partners in travel, entertainment, health, beauty, jewelry and specialty apparel sectors.

The announcement comes as part of the company’s ongoing capital management strategy, according to the press release statement.

In other recent news, Bread Financial Holdings Inc. reported its second-quarter 2025 earnings with an adjusted earnings per share (EPS) of $3.15, surpassing the analysts’ forecast of $1.92. However, the company’s revenue of $929 million did not meet the expected $939.84 million, representing a 1% decrease compared to the previous year. In July 2025, Bread Financial saw improved credit metrics, with the net loss rate decreasing to 7.6% from 8.0% in July 2024. Additionally, net principal losses were reduced to $114 million from $120 million year-over-year. These developments highlight the company’s ongoing efforts to manage its financial health. Despite the earnings beat, the revenue shortfall presents a mixed picture for investors. It’s important to note that the stock experienced fluctuations following these announcements, although specific price movements are not detailed here.

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