COLUMBUS, Ohio, Aug. 15, 2025 (GLOBE NEWSWIRE) — Bread Financial Holdings, Inc. (NYSE:BFH), a tech-forward financial services company that provides simple, personalized payment, lending, and saving solutions to millions of U.S. consumers, provided a performance update. The following tables present the Company’s net loss rate and delinquency rate for the periods indicated:
For the month ended July 31, 2025 |
For the month ended July 31, 2024 |
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(dollars in millions) | |||||||
End-of-period credit card and other loans | $ | 17,594 | $ | 17,659 | |||
Average credit card and other loans | $ | 17,585 | $ | 17,588 | |||
Year-over-year change in average credit card and other loans | — | % | — | % | |||
Net principal losses | $ | 114 | $ | 120 | |||
Net loss rate | 7.6 |