COLUMBUS, Ohio, June 04, 2024 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE: BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, will host an investor day on Tuesday, June 18 from 12 pm to 3 pm ET via live video stream. During the event, Bread Financial's executive leadership team will provide a comprehensive update on the Company's evolution, business strategy and long-term financial targets. To register for the event and to a ...

COLUMBUS, Ohio, May 30, 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 TD Cowen Financial Services & Fintech Summit on Friday, June 7. Bread Financial EVP and Chief Financial Officer Perry Beberman will participate in a fireside chat. The fireside chat will take place at 9:10 a.m. ET and will be broadcast live here. The fi ...

Bread Financial (NYSE:BFH) is a depositor bank that specializes in consumer loans. The bank is different from some consumer lenders like OneMain Financial (OMF) who source their funds from external debt versus depositors. The lender has experienced a strong appreciation in share price over the last six months and currently sits near a 52-week high. Based on Bread's current financial performance, I believe that further upside in share price is likely. BFH's First Quarter Earnings Performance Bread Financial ...

COLUMBUS, Ohio, May 21, 2024 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE: BFH) today announced that John J. Fawcett, a seasoned financial services executive, has joined the Company's board as an independent director. Mr. Fawcett was elected at the Company's Annual Meeting of Stockholders, held Tuesday, May 14, along with nominees Ralph J. Andretta, Roger H. Ballou, John C. Gerspach, Jr., Rajesh Natarajan, Joyce St. Clair, Timothy J. Theriault, Laurie A. Tucker and Sharen J. Turney, each of whom ...

"As part of our continuous board refreshment, we are pleased to welcome John Fawcett to our Board of Directors," said Ralph Andretta, president and CEO, Bread Financial. "Mr. Fawcett brings more than 40 years of executive banking and financial services expertise in all aspects of finance, particularly with respect to accounting, international operations and business operations, and we know his extensive experience will benefit our company and the Board's overall mix of expertise." After a 20-year career at ...

2023 was also the second year the company issued a Task Force on Climate-related Financial Disclosures (TCFD) report, demonstrating progress on identifying, assessing, mitigating and governing climate-related risks as well as our evolving sustainability efforts. COLUMBUS, Ohio, May 16, 2024 (GLOBE NEWSWIRE) -- Bread Financial™ (NYSE:BFH), a tech-forward financial services company providing simple, personalized payment, lending and saving solutions, today released its 2023 Sustainability Report, the latest f ...

Core Insights - Bread Financial released its 2023 Sustainability Report, marking the 11th annual report that emphasizes the company's commitment to transparency and accountability in its business practices [1] - The report highlights significant milestones in sustainability, integrating it into the overall business strategy and risk management approach [2] Sustainability Initiatives - The company launched the Financial Education Hub in 2023, focusing on financial health topics to enhance customer knowledge [2] - An Office of People, Policy and Governance was created to manage human capital requirements and policies [2] - Bread Financial invested $8 million in community initiatives through grants and donations [2] Performance Metrics - The report outlines progress in five key sustainability tenets, including responsible business management and improved supplier diversity [3] - A new mobile app and self-service options led to a 115% reduction in call transfers and minimized customer wait times [3] - The company increased associate volunteerism hours by 160% and awarded $1 million in grants to charities focused on financial wellness [3] Environmental Efforts - The company introduced an Earth Month incentive program to encourage paperless transactions and expanded the use of biodegradable plastics for its credit card [4] - Bread Financial issued its second Task Force on Climate-related Financial Disclosures (TCFD) report, showcasing progress in managing climate-related risks [4] Company Overview - Bread Financial is a tech-forward financial services company providing personalized payment, lending, and saving solutions [5] - The company is headquartered in Columbus, Ohio, and employs over 7,000 associates globally [6]

COLUMBUS, Ohio, May 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 the | | For the | | | | --- | --- | --- | --- | --- | --- | | | month ended | | | month ended | | | | April 30, 2024 | | | April 30, 2023 | | | | (dollars in mi ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-15749 _______________________________________ BREAD FINANCIAL HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware 31- ...

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 ...