Bread Financial Provides Performance Update for April 2024
COLUMBUS, Ohio, May 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 the month ended April 30, 2024 |
For the month ended April 30, 2023 |
||||||
(dollars in millions) | |||||||
End-of-period credit card and other loans | $ | 17,891 | $ | 18,039 | |||
Average credit card and other loans (1) | $ | 18,006 | $ | 17,666 | |||
Year-over-year change in average credit card and other loans (1) | 2 | % | 6 | % | |||
Net principal losses (2) | $ | 127 | $ | 114 | |||
Net loss rate (1)(2) | 8.6 | % | 7.8 | % |
As of April 30, 2024 |
As of April 30, 2023 |
||||||
(dollars in millions) | |||||||
30 days + delinquencies – principal (2) | $ | 993 | $ | 924 | |||
Period ended credit card and other loans – principal | $ | 16,492 | $ | 16,829 | |||
Delinquency rate (2) | 6.0 | % | 5.5 | % |
Lesen Sie auch
_________________________
Aktuelle Themen
Weitere Artikel des Autors
1 im Artikel enthaltener WertIm Artikel enthaltene Werte