Bread Financial Holdings, Inc. (NYSE: BFH) has released its performance update for September 2025, showcasing key metrics in its financial services operations.
The end-of-period credit card and other loans for September 30, 2025, amounted to $17,655 million, consistent with the same period last year. However, the average credit card and other loans for the same period experienced a slight decrease, down 2% year-over-year.
In terms of net principal losses, the company reported $101 million for the month ended September 30, 2025, and $328 million for the three months ended September 30, 2025. The net loss rate for these periods was 6.9% and 7.4%, respectively.
Looking at delinquency rates, Bread Financial noted a decrease from 6.4% as of September 30, 2024, to 6.0% as of September 30, 2025. The 30 days+ delinquencies on principal also declined from $1,062 million to $963 million for the same periods, whereas the period ended credit card and other loans on principal decreased from $16,476 million to $15,928 million.
Bread Financial prides itself on being a tech-forward financial services company that provides simple, personalized payment, lending, and saving solutions to millions of U.S. consumers. Its offerings include general purpose credit cards and savings products, which aim to empower customers and their pursuits for a better life. Furthermore, the company delivers growth for renowned brands in travel & entertainment, health & beauty, jewelry, and specialty apparel through its private label and co-brand credit cards and pay-over-time products, providing choice and value to their shared customers. Today the company's shares have moved -0.64% to a price of $60.54. If you want to know more, read the company's complete 8-K report here.
