Quarterly UpdatesMay 15, 2026, 07:32 AM
Bread Financial April 2026 Net Principal Loss Rate 7.09%, Delinquency 5.34%
AI Summary
Bread Financial Holdings, Inc. reported an improvement in its credit performance for the month ended April 30, 2026. The Net principal loss rate decreased to 7.09% from 7.85% year-over-year, while the Delinquency rate also improved to 5.34% from 5.73%. The company also saw a 2.0% year-over-year increase in average credit card and other loans, reaching $18,067 million.
Key Highlights
- Net principal loss rate decreased to 7.09% for April 2026 from 7.85% for April 2025.
- Delinquency rate improved to 5.34% as of April 30, 2026, from 5.73% as of April 30, 2025.
- Average credit card and other loans increased 2.0% year-over-year to $18,067 million.
- End-of-period credit card and other loans reached $18,123 million as of April 30, 2026.
- Net principal losses for April 2026 were $105 million, down from $114 million in April 2025.
- 30 days+ delinquencies – principal decreased to $859 million from $933 million year-over-year.
Price Impact
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