Bread Financial Provides Performance Update for August 2025

Core Insights - Bread Financial Holdings, Inc. reported a performance update highlighting a slight decrease in average credit card and other loans by 1% year-over-year, from $17,760 million in August 2024 to $17,598 million in August 2025 [1] - The company experienced a net loss rate improvement, decreasing from 7.8% in August 2024 to 7.6% in August 2025, indicating better credit performance [1] - Delinquency rates also showed improvement, declining from 6.2% in August 2024 to 5.8% in August 2025, reflecting a positive trend in loan repayment behavior [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, aiming to empower customers and enhance their financial well-being [2] - 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 [2]