Quarterly ResultJul 23, 2026, 06:56 AM

Bread Financial Q2 Net Income $146M (+5%); EPS $3.55 (+21%); Declares Dividends

AI Summary

Bread Financial Holdings, Inc. reported strong second-quarter 2026 results, with net income increasing 5% to $146 million and diluted EPS rising 21% to $3.55. The company saw robust growth in credit sales, loans, and direct-to-consumer deposits, alongside improved credit metrics. Additionally, the Board of Directors declared quarterly cash dividends for both common and preferred stock.

Key Highlights

Net income increased 5% year-over-year to $146 million.
Diluted EPS rose 21% year-over-year to $3.55.
Total revenue grew 7% year-over-year to $993 million.
Credit sales increased 11% year-over-year to $7.5 billion.
End-of-period direct-to-consumer deposits grew 16% year-over-year to $9.4 billion.
Tangible book value per common share increased 22% year-over-year to $63.66.
Board declared a quarterly cash dividend of $0.23 per common share.
Net loss rate improved by 90 basis points to 6.98%.

View SEC Filing

BFH

Real Estate

BREAD FINANCIAL HOLDINGS, INC.

Price Impact