Bread Financial reported a net principal loss rate of 8% for the month ended Feb. 28, 2026, compared with 9% a year earlier. Net principal losses were USD 108 million, versus USD 120 million in the prior-year period. Average credit card and other loans rose 1% year over year to USD 18,275 million. The 30+ days delinquency rate was 6% as of Feb. 28, 2026, compared with 6% as of Feb. 28, 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bread Financial Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603110700PRIMZONEFULLFEED9669411) on March 11, 2026, and is solely responsible for the information contained therein.
Comments