Bread financial provides performance update for april 2025

Columbus, ohio, may 13, 2025 (globe newswire) -- bread financial® holdings, inc. (nyse: bfh), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions to millions of u.s. consumers, provided a performance update. the following tables present the company's net loss rate and delinquency rate for the periods indicated:   for the month ended april 30, 2025   for the month ended april 30, 2024   (dollars in millions) end-of-period credit card and other loans $ 17,721     $ 17,891   average credit card and other loans $ 17,712     $ 18,006   year-over-year change in average credit card and other loans   (2 %)     2 % net principal losses (1) $ 114     $ 127   net loss rate (1)   7.8 %     8.6 %   as of april 30, 2025   as of april 30, 2024   (dollars in millions) 30 days + delinquencies – principal $ 933     $ 993   period ended credit card and other loans – principal $ 16,264     $ 16,492   delinquency rate   5.7 %     6.0 %                 (1) as a result of hurricanes helene and milton we froze delinquency progression for cardholders in federal emergency management agency identified impact zones for one billing cycle, which resulted in modestly lower net principal losses and net loss rate in the fourth quarter of 2024, and consequently these actions will negatively impact net principal losses and net loss rate in the second quarter of 2025.
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