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Bread Financial Holdings Inc. (BFH) stock reached a significant milestone, hitting a 52-week high of 71.32 USD. This achievement underscores a strong performance over the past year, with the stock experiencing a 16.45% increase in its value. Even more impressive is the stock’s 34.24% surge over the past six months. According to InvestingPro analysis, BFH appears undervalued with a P/E ratio of just 7.29. The financial services company has shown resilience and growth, contributing to this upward trajectory in its stock price. Investors have responded positively to the company’s strategic initiatives and financial results, propelling the stock to this new high within the 52-week period.
In other recent news, Bread Financial Holdings, Inc. announced the issuance and sale of 3,000,000 depositary shares, each representing a 1/40th interest in a share of its newly designated 8.625% Non-Cumulative Perpetual Preferred Stock, Series A. This follows the company’s filing of a Certificate of Designations, which outlines the rights and preferences of the Series A Preferred Stock. Additionally, Bread Financial launched an underwritten public offering of these depositary shares, with a liquidation preference of $25 per share, and plans to list them on the New York Stock Exchange. The company also reported a slight improvement in credit performance metrics for October 2025, with the net loss rate decreasing to 7.5% from 7.9% the previous year. Net principal losses fell to $112 million from $120 million year-over-year. Furthermore, Bread Financial priced $500 million in 6.750% senior notes due 2031, sold at 100% of principal value in a private offering. The company expects net proceeds of approximately $493 million, which will be used, along with $275 million in cash on hand, to redeem all outstanding 9.750% Senior Notes due 2029.
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