Core Viewpoint - Bread Financial Holdings, Inc. will host a conference call on April 24, 2025, to discuss its first quarter 2025 results [1] Group 1: Company Overview - Bread Financial is a tech-forward financial services company providing personalized payment, lending, and saving solutions to millions of U.S. consumers [3] - The company offers payment solutions, including general purpose credit cards and savings products, aimed at empowering customers [3] - Bread Financial collaborates with recognized brands in various sectors, including travel & entertainment, health & beauty, jewelry, and specialty apparel through private label and co-brand credit cards [3] Group 2: Conference Call Details - The conference call will take place at 8:30 a.m. ET and will be available on the company's investor relations website [1][2] - Participants are encouraged to register in advance and download necessary software at least 15 minutes prior to the call [2] - The webcast will be archived on the investor relations website for future access [2]

Company Performance Update - Bread Financial Holdings, Inc. reported a net loss rate of 8.6% for February 2025, a slight improvement from 8.9% in February 2024 [1] - The average credit card and other loans decreased by 2% year-over-year, from $18,541 million in February 2024 to $18,141 million in February 2025 [1] - Net principal losses for February 2025 were $120 million, compared to $131 million in February 2024 [1] Delinquency Rates - The delinquency rate as of February 28, 2025, was 6.2%, down from 6.7% in February 2024 [1] - The total amount of 30 days or more delinquencies in principal was $1,027 million as of February 28, 2025, compared to $1,130 million as of February 29, 2024 [1] Company Overview - Bread Financial is a tech-forward financial services company that offers personalized payment, lending, and saving solutions to millions of U.S. consumers [2] - The company provides general purpose credit cards and savings products, as well as private label and co-brand credit cards, enhancing customer experience in various sectors including travel, health, and specialty apparel [2]

Core Viewpoint - Bread Financial Holdings, Inc. has announced the pricing of a $400 million offering of 8.375% fixed-rate reset subordinated notes due 2035, with expected net proceeds of approximately $395 million after deducting initial purchasers' discount [1][2] Group 1: Offering Details - The Notes will be sold at a price of 100% of the principal amount and the closing of the issuance is expected on March 10, 2025, subject to customary closing conditions [1] - The Company intends to lend no less than $250 million of the net proceeds as subordinated debt to its subsidiary bank, Comenity Capital Bank, with the remaining proceeds for general corporate purposes, potentially including share repurchases [2] Group 2: Regulatory Information - The Notes will not be registered under the Securities Act or any state securities laws, and may only be offered to qualified institutional buyers or non-U.S. persons in compliance with Regulation S [3] Group 3: Company Overview - Bread Financial is a tech-forward financial services company providing personalized payment, lending, and saving solutions to millions of U.S. consumers, including general purpose credit cards and savings products [5]

Core Viewpoint - Bread Financial Holdings, Inc. has authorized a share repurchase plan of up to $150 million, with no expiration date for the plan [1] Group 1: Share Repurchase Plan - The Board of Directors has approved a new plan to repurchase shares, amounting to $150 million [1] - The decision to repurchase shares will depend on market conditions and other factors, including legal and regulatory restrictions [3] - The repurchase plan does not obligate the company to acquire a specific number of shares and can be suspended or terminated at any time [3] Group 2: Capital Management Strategy - The company has focused on strengthening its balance sheet over the past five years by building capital and reducing debt [2] - The issuance of Tier 2 capital, along with the share repurchase authorization, aims to enhance total capital ratios and provide flexibility for future growth [2] Group 3: Company Overview - Bread Financial is a tech-forward financial services company that offers personalized payment, lending, and saving solutions to millions of U.S. consumers [4] - The company provides payment solutions, including general purpose credit cards and savings products, and supports growth for recognized brands through private label and co-brand credit cards [4]

Core Viewpoint - Bread Financial Holdings, Inc. plans to offer $400 million in fixed-rate reset subordinated notes in a private offering, subject to market conditions [1][3]. Group 1: Offering Details - The company intends to lend at least $250 million of the net proceeds from the notes offering as subordinated debt to its subsidiary, Comenity Capital Bank, with the remaining funds for general corporate purposes, potentially including share repurchases [2]. - The notes will not be registered under the Securities Act or any state securities laws, and will be offered only to qualified institutional buyers or non-U.S. persons [4]. Group 2: Company Overview - Bread Financial is a tech-forward financial services company that provides personalized payment, lending, and saving solutions to millions of U.S. consumers, including general purpose credit cards and savings products [6]. - The company supports growth for recognized brands in various sectors through private label and co-brand credit cards and pay-over-time products [6].

Group 1 - Bread Financial Holdings, Inc. will participate in the 2025 RBCCM Global Financial Institutions Conference on March 4, 2025 [1] - CFO Perry Beberman will engage in a fireside chat at 11:20 a.m. ET, which will be broadcast live [1] - The fireside chat will be accessible through the investor relations website, with a replay available for 90 days post-event [2] Group 2 - Bread Financial is a tech-forward financial services company offering personalized payment, lending, and saving solutions to millions of U.S. consumers [3] - The company provides general purpose credit cards and savings products, enhancing customer experiences and supporting recognized brands in various sectors [3] - Bread Financial's offerings include private label and co-brand credit cards, as well as pay-over-time products, delivering choice and value to customers [3]

Financial Performance - The company reported a significant increase in revenue, achieving $1.5 billion for the fiscal year, representing a 15% year-over-year growth[7]. - The company anticipates a revenue growth of 10% to 12% for the next fiscal year, projecting revenues between $1.65 billion and $1.68 billion[7]. - The company reported a decrease in credit loss allowance by 5%, reflecting improved customer credit performance[7]. User Engagement and Growth - User data showed a 20% increase in active accounts, reaching 5 million users by the end of the fiscal year[7]. - New product launches contributed to a 25% increase in transaction volume, with the introduction of Bread Cashback and Bread Rewards driving user engagement[7]. Market Expansion and Partnerships - The company is expanding its market presence, targeting a 30% increase in partnerships with retailers over the next year[7]. - The company is exploring strategic acquisitions to enhance its service offerings, with a focus on fintech startups[7]. Regulatory Impact - Regulatory changes are expected to impact the business, particularly the new CFPB rule limiting credit card late fees, which could reduce revenue by approximately 8% in the short term[7]. - The Consumer Financial Protection Bureau (CFPB) issued a final rule in 2024 that may significantly limit credit card late fees, potentially impacting the company's business and operations in the short and long term[15]. - The company cannot assure the effective date of the CFPB rule or the outcome of any legal challenges related to it, which adds uncertainty to future operations[15]. - The company has taken mitigating actions in anticipation of the CFPB rule, but the effectiveness of these actions remains uncertain[15]. Investment in Technology and Security - The company has allocated $50 million for research and development of new technologies aimed at enhancing user experience and security[7]. - The company is committed to improving cybersecurity measures, investing an additional $10 million to strengthen its systems against potential threats[7].

COLUMBUS, Ohio, Feb. 11, 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 themonth endedJanuary 31, 2025 For themonth endedJanuary 31, 2024 (dollars in millions)End-of-period credit card and other loans$1 ...

NEW YORK, Feb. 05, 2025 (GLOBE NEWSWIRE) -- With the addition of Bread Pay® pay-over-time options to its network of lenders, ChargeAfter enables merchants to provide qualified customers with instant access to its installment programs. ChargeAfter, the embedded lending platform for point-of-sale financing, announced today it has added Bread Pay pay-over-time financing to its network of lenders. Bread Pay is offered through Bread Financial® (NYSE:BFH), a tech-forward financial services company that provides ...

COLUMBUS, Ohio, Feb. 04, 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, today announced the company’s participation in the BofA Securities 2025 Financial Services Conference on Tuesday, Feb. 11. Bread Financial Chief Financial Officer Perry Beberman will participate in a fireside chat. The fireside chat will take place at 3:30 p.m. ET and wil ...