Bread Financial Holdings, Inc. (NYSE: BFH) released a performance update, revealing key metrics for the month ended October 31, 2025, and comparing them to the same period in 2024.
The end-of-period credit card and other loans decreased from $17,915 million in 2024 to $17,694 million in 2025. The average credit card and other loans also saw a decrease from $17,867 million in 2024 to $17,627 million in 2025, representing a year-over-year change of (1%).
The net principal losses dropped from $120 million in 2024 to $112 million in 2025, resulting in a decrease in the net loss rate from 7.9% in 2024 to 7.5% in 2025.
In terms of delinquency rates, the 30 days + delinquencies – principal decreased from $1,056 million in 2024 to $963 million in 2025. Additionally, the period ended credit card and other loans – principal decreased from $16,451 million in 2024 to $15,903 million in 2025. This led to a decrease in the delinquency rate from 6.4% in 2024 to 6.1% in 2025.
It's worth noting that the company froze delinquency progression for cardholders in federal emergency management agency identified impact zones for one billing cycle in the fourth quarter of 2024 due to hurricanes Helene and Milton, resulting in modestly lower net principal losses and net loss rate during that period.
These metrics indicate a positive trend for Bread Financial Holdings, Inc., with decreases in net loss rate and delinquency rate, as well as a slight decrease in end-of-period and average credit card and other loans. As a result of these announcements, the company's shares have moved 0.79% on the market, and are now trading at a price of $63.96. Check out the company's full 8-K submission here.
