Monitor this situation.
Unsubscribe anytime.
[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 2 sources · 12 days · First seen · Last updated
Bread Financial performance and investment trends
Overview
Bread Financial Holdings, Inc. reported improved financial performance for the period ending July 31, 2026. The company saw a 4.9% year-over-year increase in average credit card and other loans, reaching $18.449 billion.
Key risk metrics showed improvement, with the net principal loss rate dropping to 0.68% from 0.76% the previous year, and the delinquency rate decreasing to 5.35% from 5.82%.
During the second quarter, the company saw significant institutional investment activity. Pzena Investment Management LLC acquired a new stake valued at approximately $35.48 million, while BlackRock Inc. purchased a new stake worth approximately $421.3 million. Dimensional Fund Advisors LP also increased its holdings.
Entities
Bread Financial Holdings, Inc. · Bank of America · BlackRock Inc. · Franklin Resources Inc. · Pzena Investment Management LLC
Timeline
-
7 days ago
[BUSINESS] 2 sourcesBread Financial reports improved performance and sees increased institutional investmentBread Financial reported improved performance for July 2026 with lower delinquency rates, while Pzena Investment Management and BlackRock increased their institutional stakes in the company.
-
18 days ago
[BUSINESS] 2 sourcesBread Financial and Brighthouse Financial Post Q3 Earnings ResultsBread Financial raised its Q3 EPS estimate to $3.10 and beat earnings, while Brighthouse Financial missed Q3 EPS at $4.45, reporting lower revenue and a 1.3% stock dip.
Sources
iliveupstairs.com · mommygearest.com