Bread Financial Holdings Inc. provides tech-forward payment and lending solutions to customers and consumer-based industries in North America. It offers credit card and other loans financing services, including risk management solutions, account origination, and funding services for approximately 130 private label and co-brand credit card programs, as well as through Bread partnerships to approximately 500 small-and medium-sized businesses merchants; and Comenity-branded general purpose cash-back credit. The company also manages and services the loans it originates for private label, co-brand, and general-purpose credit card programs and Bread BNPL (installment loans, split-pay) products; and provides marketing, and data and analytics services. In addition, it offers an enhanced digital suite that includes a unified software development kit, which provides access to its suite of products, as well as promotes credit payment options earlier in the shopping experience. Further, the company through Bread, a digital payments platform and robust suite of application programming interfaces allows merchants and partners to integrate online point-of-sale financing and other digital payment products, including installment and split-pay solutions. The company was formerly known as Alliance Data Systems Corporation and changed its name to Bread Financial Holdings Inc. in March 2022. Bread Financial Holdings Inc. was founded in 1996 and is headquartered in Columbus, Ohio.
IPO Year:
Exchange: NYSE
Website: https://www.breadfinancial.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/9/2024 | $54.00 | Neutral → Buy | BofA Securities |
| 7/16/2024 | $54.00 | Buy | Compass Point |
| 6/20/2024 | $42.00 → $45.00 | Underperform → In-line | Evercore ISI |
| 6/7/2024 | Neutral | BTIG Research | |
| 5/2/2024 | $38.00 → $67.00 | Mkt Perform → Outperform | Keefe Bruyette |
| 5/1/2024 | Buy → Hold | Argus | |
| 4/4/2024 | $48.00 | Peer Perform → Outperform | Wolfe Research |
| 1/10/2024 | $33.00 | Market Perform | BMO Capital Markets |
| 1/3/2024 | $29.00 → $33.00 | In-line → Underperform | Evercore ISI |
| 12/18/2023 | $42.00 → $36.00 | Overweight → Neutral | JP Morgan |
4 - BREAD FINANCIAL HOLDINGS, INC. (0001101215) (Issuer)
4 - BREAD FINANCIAL HOLDINGS, INC. (0001101215) (Issuer)
COLUMBUS, Ohio, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Bread Financial® Holdings, Inc. (NYSE:BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, provided a performance update. The following tables present the Company's net loss rate and delinquency rate for the periods indicated. For themonth endedOctober 31, 2024 For themonth endedOctober 31, 2023 (dollars in millions)End-of-period credit card and other loans$17,915 $18,386 Average credit card and other loans (1)$17,867 $17,935 Year-over-year change in average credit card and other loans (1) —% (6%)Net principal losses (2)$120 $119 Net loss rate (1)(2) 7.9% 8.0%
COLUMBUS, Ohio, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc.® (NYSE:BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, provided a performance update. The following tables present the Company's net loss rate and delinquency rate for the periods indicated. For themonth endedSeptember 30, 2024 For the three months endedSeptember 30, 2024 (dollars in millions)End-of-period credit card and other loans$17,933 $17,933 Average credit card and other loans (1)$17,955 $17,766 Year-over-year change in average credit card and other loans (1) 3% 1%Net principal losses$110 $347 Net loss rate (1) 7.4% 7.8%
COLUMBUS, Ohio, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc.® (NYSE:BFH), a tech-forward financial services company that provides simple, flexible payment, lending and saving solutions, today announced its third quarter 2024 financial results. All earnings-related materials are now available at the company's investor relations website, here. Bread Financial President and Chief Executive Officer Ralph Andretta and Chief Financial Officer Perry Beberman will host a conference call at 8:30 a.m. ET today to discuss results. A link to the conference call will be available at the company's investor relations website, and a replay will also be available there following the ca
COLUMBUS, Ohio, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc.® (NYSE:BFH), a tech-forward financial services company that provides simple, flexible payment, lending and saving solutions, today announced that its Board of Directors declared a quarterly cash dividend of $0.21 per share on the Company's common stock, payable on December 13, 2024 to stockholders of record at the close of business on November 8, 2024. About Bread Financial® Bread Financial® (NYSE:BFH) is a tech-forward financial services company providing simple, personalized payment, lending and saving solutions. The company creates opportunities for its customers and partners through digitally enabled choi
COLUMBUS, Ohio, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Bread Financial® Holdings, Inc. (NYSE:BFH), a tech-forward financial services company that provides simple, flexible payment, lending and saving solutions, will host a conference call on Thursday, Oct. 24, 2024, at 8:30 a.m. ET to discuss the company's third quarter 2024 results. Conference Call/Webcast InformationParticipants can register in advance here, and the conference call will be available at the company's investor relations website. Analysts planning to participate in the Q&A can register in advance here. Additionally, there will be several slides accompanying the webcast. Please go to the website at least 15 minutes prior to the
COLUMBUS, Ohio, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE:BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, provided a performance update. The following tables present the Company's net loss rate and delinquency rate for the periods indicated. For themonth endedAugust 31, 2024 For themonth endedAugust 31, 2023 (dollars in millions)End-of-period credit card and other loans$17,936 $17,949 Average credit card and other loans (1)$17,760 $17,544 Year-over-year change in average credit card and other loans (1) 1% —%Net principal losses$118 $99 Net loss rate (1) 7.8% 6.7% As ofAug
COLUMBUS, Ohio, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE:BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, provided a performance update. The following tables present the Company's net loss rate and delinquency rate for the periods indicated. For themonth endedJuly 31, 2024 For themonth endedJuly 31, 2023 (dollars in millions)End-of-period credit card and other loans$17,659 $17,963 Average credit card and other loans (1)$17,588 $17,560 Year-over-year change in average credit card and other loans (1) —% 1%Net principal losses (2)$120 $108 Net loss rate (1)(2) 8.0% 7.4% As ofJuly 31,
COLUMBUS, Ohio, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE:BFH) ("Bread Financial" or the "Company") announced today that it has entered into separate, privately negotiated repurchase agreements with a limited number of holders of its 4.25% Convertible Senior Notes due 2028 (the "Notes") to repurchase (the "Repurchases") $237.6 million aggregate principal amount of the Notes for an aggregate cash repurchase price of approximately $350.0 million. The final aggregate cash repurchase price is subject to adjustment as a portion of the repurchase price will be based in part on the daily volume-weighted average price per share of the Company's common stock over an ag
COLUMBUS, Ohio, July 25, 2024 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE:BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, provided a performance update. The following tables present the Company's net loss rate and delinquency rate for the periods indicated. For themonth endedJune 30, 2024 For the three months endedJune 30, 2024 (dollars in millions)End-of-period credit card and other loans$17,743 $17,743 Average credit card and other loans (1)$17,766 $17,872 Year-over-year change in average credit card and other loans (1) 1% 1%Net principal losses$122 $382 Net loss rate 8.4% 8.6% As ofJune 30, 20
COLUMBUS, Ohio, July 25, 2024 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE:BFH), a tech-forward financial services company that provides simple, flexible payment, lending and saving solutions, today announced its second quarter 2024 financial results. All earnings-related materials are now available at the company's investor relations website, here. Bread Financial President and Chief Executive Officer Ralph Andretta and Chief Financial Officer Perry Beberman will host a conference call at 8:30 a.m. ET today to discuss results. A link to the conference call will be available at the company's investor relations website, and a replay will also be available there following the
4 - BREAD FINANCIAL HOLDINGS, INC. (0001101215) (Issuer)
4 - BREAD FINANCIAL HOLDINGS, INC. (0001101215) (Issuer)
4 - BREAD FINANCIAL HOLDINGS, INC. (0001101215) (Issuer)
4 - BREAD FINANCIAL HOLDINGS, INC. (0001101215) (Issuer)
4 - BREAD FINANCIAL HOLDINGS, INC. (0001101215) (Issuer)
4 - BREAD FINANCIAL HOLDINGS, INC. (0001101215) (Issuer)
4 - BREAD FINANCIAL HOLDINGS, INC. (0001101215) (Issuer)
4 - BREAD FINANCIAL HOLDINGS, INC. (0001101215) (Issuer)
4 - BREAD FINANCIAL HOLDINGS, INC. (0001101215) (Issuer)
4 - BREAD FINANCIAL HOLDINGS, INC. (0001101215) (Issuer)
Veteran technology executive Allegra Driscoll joins Bread Financial as Executive Vice President and CTO Driscoll brings 20+ years leading tech strategy and implementation at top global financial service companies with a proven track record of driving business outcomes and leading large-scale transformation and innovation initiatives Bread Financial™ (NYSE:BFH), a tech-forward financial services company that provides simple, flexible payment, lending and saving solutions, today announced that Allegra Driscoll has been named executive vice president and chief technology officer. Ms. Driscoll joins Bread Financial from American Express, where she most recently served as SVP, Chief Infor
8-K - BREAD FINANCIAL HOLDINGS, INC. (0001101215) (Filer)
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8-K - BREAD FINANCIAL HOLDINGS, INC. (0001101215) (Filer)
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8-K - BREAD FINANCIAL HOLDINGS, INC. (0001101215) (Filer)
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8-K - BREAD FINANCIAL HOLDINGS, INC. (0001101215) (Filer)
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COLUMBUS, Ohio, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Bread Financial® Holdings, Inc. (NYSE:BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, provided a performance update. The following tables present the Company's net loss rate and delinquency rate for the periods indicated. For themonth endedOctober 31, 2024 For themonth endedOctober 31, 2023 (dollars in millions)End-of-period credit card and other loans$17,915 $18,386 Average credit card and other loans (1)$17,867 $17,935 Year-over-year change in average credit card and other loans (1) —% (6%)Net principal losses (2)$120 $119 Net loss rate (1)(2) 7.9% 8.0%
COLUMBUS, Ohio, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc.® (NYSE:BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, today announced the company's participation in KBW's Fintech & Payments Conference on Thursday, Nov. 14. Bread Financial EVP and Chief Financial Officer Perry Beberman will participate in a fireside chat. The fireside chat will take place at 10:15 a.m. ET and will be broadcast live here. The fireside chat can also be accessed through Bread Financial's investor relations website. A replay of the webcast will be available for 90 days following the event. About Bread Financial® Brea
COLUMBUS, Ohio, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc.® (NYSE:BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, provided a performance update. The following tables present the Company's net loss rate and delinquency rate for the periods indicated. For themonth endedSeptember 30, 2024 For the three months endedSeptember 30, 2024 (dollars in millions)End-of-period credit card and other loans$17,933 $17,933 Average credit card and other loans (1)$17,955 $17,766 Year-over-year change in average credit card and other loans (1) 3% 1%Net principal losses$110 $347 Net loss rate (1) 7.4% 7.8%
COLUMBUS, Ohio, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc.® (NYSE:BFH), a tech-forward financial services company that provides simple, flexible payment, lending and saving solutions, today announced its third quarter 2024 financial results. All earnings-related materials are now available at the company's investor relations website, here. Bread Financial President and Chief Executive Officer Ralph Andretta and Chief Financial Officer Perry Beberman will host a conference call at 8:30 a.m. ET today to discuss results. A link to the conference call will be available at the company's investor relations website, and a replay will also be available there following the ca
COLUMBUS, Ohio, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc.® (NYSE:BFH), a tech-forward financial services company that provides simple, flexible payment, lending and saving solutions, today announced that its Board of Directors declared a quarterly cash dividend of $0.21 per share on the Company's common stock, payable on December 13, 2024 to stockholders of record at the close of business on November 8, 2024. About Bread Financial® Bread Financial® (NYSE:BFH) is a tech-forward financial services company providing simple, personalized payment, lending and saving solutions. The company creates opportunities for its customers and partners through digitally enabled choi
COLUMBUS, Ohio, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Bread Financial® Holdings, Inc. (NYSE:BFH), a tech-forward financial services company that provides simple, flexible payment, lending and saving solutions, will host a conference call on Thursday, Oct. 24, 2024, at 8:30 a.m. ET to discuss the company's third quarter 2024 results. Conference Call/Webcast InformationParticipants can register in advance here, and the conference call will be available at the company's investor relations website. Analysts planning to participate in the Q&A can register in advance here. Additionally, there will be several slides accompanying the webcast. Please go to the website at least 15 minutes prior to the
COLUMBUS, Ohio, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE:BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, provided a performance update. The following tables present the Company's net loss rate and delinquency rate for the periods indicated. For themonth endedAugust 31, 2024 For themonth endedAugust 31, 2023 (dollars in millions)End-of-period credit card and other loans$17,936 $17,949 Average credit card and other loans (1)$17,760 $17,544 Year-over-year change in average credit card and other loans (1) 1% —%Net principal losses$118 $99 Net loss rate (1) 7.8% 6.7% As ofAug
COLUMBUS, Ohio, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE:BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, today announced the company's participation in the Barclays 22nd Annual Global Financial Services Conference on Monday, Sept. 9. Bread Financial EVP and Chief Financial Officer Perry Beberman will participate in a fireside chat. The fireside chat will take place at 9:45 a.m. ET and will be broadcast live here. The fireside chat can also be accessed through Bread Financial's investor relations website. A replay of the webcast will be available for 90 days following the event. About
COLUMBUS, Ohio, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE:BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, provided a performance update. The following tables present the Company's net loss rate and delinquency rate for the periods indicated. For themonth endedJuly 31, 2024 For themonth endedJuly 31, 2023 (dollars in millions)End-of-period credit card and other loans$17,659 $17,963 Average credit card and other loans (1)$17,588 $17,560 Year-over-year change in average credit card and other loans (1) —% 1%Net principal losses (2)$120 $108 Net loss rate (1)(2) 8.0% 7.4% As ofJuly 31,
COLUMBUS, Ohio, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE:BFH) ("Bread Financial" or the "Company") announced today that it has entered into separate, privately negotiated repurchase agreements with a limited number of holders of its 4.25% Convertible Senior Notes due 2028 (the "Notes") to repurchase (the "Repurchases") $237.6 million aggregate principal amount of the Notes for an aggregate cash repurchase price of approximately $350.0 million. The final aggregate cash repurchase price is subject to adjustment as a portion of the repurchase price will be based in part on the daily volume-weighted average price per share of the Company's common stock over an ag
BofA Securities upgraded Bread Financial from Neutral to Buy and set a new price target of $54.00
Compass Point initiated coverage of Bread Financial with a rating of Buy and set a new price target of $54.00
Evercore ISI upgraded Bread Financial from Underperform to In-line and set a new price target of $45.00 from $42.00 previously
BTIG Research initiated coverage of Bread Financial with a rating of Neutral
Keefe Bruyette upgraded Bread Financial from Mkt Perform to Outperform and set a new price target of $67.00 from $38.00 previously
Argus downgraded Bread Financial from Buy to Hold
Wolfe Research upgraded Bread Financial from Peer Perform to Outperform and set a new price target of $48.00
BMO Capital Markets initiated coverage of Bread Financial with a rating of Market Perform and set a new price target of $33.00
Evercore ISI downgraded Bread Financial from In-line to Underperform and set a new price target of $33.00 from $29.00 previously
JP Morgan downgraded Bread Financial from Overweight to Neutral and set a new price target of $36.00 from $42.00 previously
JP Morgan analyst Reginald Smith maintains Bread Finl Hldgs (NYSE:BFH) with a Neutral and raises the price target from $39 to $45.
Analysts' ratings for Bread Finl Hldgs (NYSE:BFH) over the last quarter vary from bullish to bearish, as provided by 9 analysts. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 2 5 1 0 Last 30D 1 0 0 0 0 1M Ago 0 1 4 1 0 2M Ago 0 0 0 0 0 3M Ago 0 1 1 0 0 The 12-month price targets, analyzed by analysts, offer insights with an average target of $48.56, a high estimate of $67.00, and a low estimate of $32.00. Observing a 20.65% increase, the current average has risen from the previ
Compass Point analyst David Rochester initiates coverage on Bread Finl Hldgs (NYSE:BFH) with a Buy rating and announces Price Target of $54.
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. Below are some instances of options activity happening in the Financials sector: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume C CALL SWEEP BEARISH 07/12/24 $67.00 $32.2K 2.4K 10.3K WFC CALL TRADE BULLISH 07/19/24
Jefferies analyst John Hecht maintains Bread Finl Hldgs (NYSE:BFH) with a Hold and raises the price target from $35 to $45.
Barclays analyst Terry Ma maintains Bread Finl Hldgs (NYSE:BFH) with a Underweight and raises the price target from $26 to $32.
Across the recent three months, 8 analysts have shared their insights on Bread Finl Hldgs (NYSE:BFH), expressing a variety of opinions spanning from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 3 4 1 0 Last 30D 0 0 1 0 0 1M Ago 0 1 2 0 0 2M Ago 0 1 1 0 0 3M Ago 0 1 0 1 0 In the assessment of 12-month price targets, analysts unveil insights for Bread Finl Hldgs, presenting an average target of $47.5, a high estimate of $67.00, and a low estimate of $26.00
Evercore ISI Group analyst John Pancari maintains Bread Finl Hldgs (NYSE:BFH) with a In-Line and raises the price target from $45 to $49.