Bread Financial Reports $18.1 Billion in Loans

By Philip Seaworth • Friday, May 15 10:55 • Permanent Link

Bread Financial reported that its credit card and other loans rose to $18.123 billion at the end of April 2026 from $17.721 billion a year earlier, an increase of $402 million. Average loans climbed to $18.067 billion from $17.712 billion, up $355 million, with the company’s year-over-year change in average loans moving to 2.0% from a 1.6% decline in the prior-year period.

Net principal losses fell to $105 million in April 2026 from $114 million a year earlier, a drop of $9 million. The net principal loss rate improved to 7.09% from 7.85%, down 76 basis points.

Delinquencies also eased. Principal loans 30 days or more past due fell to $859 million from $933 million, a decrease of $74 million. Total period-end credit card and other loans declined slightly to $16.087 billion from $16.264 billion, down $177 million. That pushed the delinquency rate down to 5.34% from 5.73%, an improvement of 39 basis points. As a result of these announcements, the company's shares have moved -0.76% on the market, and are now trading at a price of $86.17. Check out the company's full 8-K submission here.

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