Bread Financial Holdings’ (BFH) operating income of $2.73 per share for the first quarter of 2024 missed the Zacks Consensus Estimate of $2.92. The bottom line plunged 70% year over year.The quarterly results reflected a drop in credit sales and, subsequently, average loans. The company noted that consumer spending continues to moderate, given persistent inflation and higher interest rates. Loan growth was impacted by proactive credit tightening initiatives given stricter credit risk management due to econo ...

Bread Financial Holdings, Inc. (NYSE:BFH) Q1 2024 Earnings Conference Call April 25, 2024 8:30 AM ET Company Participants Brian Vereb – Head-Investor Relations Ralph Andretta – President and Chief Executive Officer Perry Beberman – Executive Vice President and Chief Financial Officer Conference Call Participants Mihir Bhatia – Bank of America Sanjay Sakhrani – KBW Moshe Orenbuch – TD Cowen Bill Carcache – Wolfe Research Securities Jeff Adelson – Morgan Stanley Reggie Smith – JPMorgan John Pancari – Evercore ...

Forward-looking statements We believe that our expectations are based on reasonable assumptions. Forward-tooking statements, however, are subject to a number of risks and uncertainbles that are diffi control. Accordingly, our actual results could differ materially from the projections, anticipated results or other expectations expressed in this release, and no assurance been correct. Factors that could cause the outcomes to differ materially include, but are not limited to, the following: macroeconomic cond ...

Bread Financial Holdings (BFH) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on April 25, 2024, might help the stock move higher if these key numbers are bette ...

COLUMBUS, Ohio, April 09, 2024 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE:BFH), a tech-forward financial services company that provides simple, flexible payment, lending and saving solutions, will host a conference call on Thursday, April 25, 2024, at 8:30 a.m. ET to discuss the company's first quarter 2024 results. Conference Call/Webcast InformationParticipants can register in advance here, and the conference call will be available at the company's investor relations website. Analysts planni ...

COLUMBUS, Ohio, April 09, 2024 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE: BFH), a tech-forward financial services company that provides simple, flexible payment, lending and saving solutions, will host a conference call on Thursday, April 25, 2024, at 8:30 a.m. ET to discuss the company’s first quarter 2024 results. Conference Call/Webcast InformationParticipants can register in advance here, and the conference call will be available at the company’s investor relations website. Analysts plann ...

COLUMBUS, Ohio, March 13, 2024 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE:BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, provided a performance update. The following tables present the Company's net loss rate and delinquency rate for the periods indicated.  For themonth endedFebruary 29, 2024 For themonth endedFebruary 28, 2023 (dollars in millions)End-of-period credit card and other loans$18,391  $18,113 Average credit ...

COLUMBUS, Ohio, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE:BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, today announced the company's participation in the 2024 RBC Capital Markets Financial Institutions Conference on Wednesday, Mar. 6 and the Wolfe FinTech Forum 2024 on Wednesday, Mar. 13. Bread Financial EVP and Chief Financial Officer Perry Beberman will participate in a fireside chat at the 2024 RBC C ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-15749 __________________________________________________ BREAD FINANCIAL HOLDINGS, INC. (Exact name of registrant as specified in its ...

COLUMBUS, Ohio, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE:BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, 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, 2024 For themonth endedJanuary 31, 2023 (dollars in millions)End-of-period credit card and other loans$18,785  $20,837 Average credi ...