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COLUMBUS - Bread Financial Holdings, Inc. (NYSE:BFH), a $2.87 billion financial services company with a "GOOD" financial health score according to InvestingPro, reported improved credit metrics for July 2025 compared to the same period last year, according to a performance update released Friday.
The financial services company’s net loss rate decreased to 7.6% in July 2025, down from 8.0% in July 2024. Net principal losses fell to $114 million from $120 million year-over-year.
Delinquency rates also showed improvement, with 30 days or more delinquencies declining to 5.8% as of July 31, 2025, compared to 6.2% a year earlier. Delinquent principal balances decreased to $931 million from $1,004 million in the prior-year period.
The company’s end-of-period credit card and other loans stood at $17.59 billion as of July 31, 2025, slightly below the $17.66 billion reported a year ago. Average credit card and other loans remained essentially flat at $17.59 billion compared to $17.59 billion in July 2024.
Period-ended credit card and other loans principal totaled $15.98 billion, down from $16.23 billion in the previous year.
Bread Financial provides payment, lending and saving solutions to U.S. consumers, including general purpose credit cards and private label credit services for retail brands.
The information in this article is based on a company press release statement.
In other recent news, Bread Financial Holdings Inc. announced its second-quarter 2025 earnings, revealing an adjusted earnings per share (EPS) of $3.15. This figure significantly exceeded analyst projections of $1.92. However, the company’s revenue came in at $929 million, which was below the anticipated $939.84 million and represented a 1% decline compared to the previous year. Despite the earnings beat, the revenue shortfall was noted by market observers. Analysts from various firms have not publicly updated their ratings on Bread Financial following the earnings release. These developments have been closely monitored by investors seeking insights into the company’s performance and future prospects.
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