Bread Financial reports improved performance and sees increased institutional investment

Bread Financial Holdings, Inc. has released a performance update for the period ending July 31, 2026. The company reported average credit card and other loans of $18.449 billion, representing a 4.9% increase compared to the same period in 2025. The net principal loss rate was reported at 0.68%, down from 0.76% in the previous year, while the delinquency rate decreased to 5.35% from 5.82%.

In related investment activity, Pzena Investment Management LLC acquired a new stake in Bread Financial during the second quarter, purchasing 327,448 shares valued at approximately $35.48 million. Other institutional investors have also adjusted their positions, including BlackRock Inc., which purchased a new stake worth approximately $421.3 million, and Dimensional Fund Advisors LP, which increased its holdings.