Bread Financial Holdings, Inc. Performance Update for August 2026

Bread Financial Holdings, Inc. provided a performance update for the period ended August 31, 2026. The company reported that its end-of-period credit card and other loans amounted to $18,730 million, with average loans at $18,588 million, representing a 5.6% year-over-year increase. The net principal losses for the month were $101 million, resulting in a net principal loss rate of 6.40%. The delinquency rate for 30 days or more stood at 5.36%, with total delinquencies at $885 million against period-ended loans of $16,512 million. This compares to August 31, 2025, where end-of-period loans were $17,657 million, average loans were $17,598 million, net principal losses were $113 million (7.57% rate), and the delinquency rate was 5.84% ($934 million in delinquencies).