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Bread Financial Holdings ( (BFH) ) has shared an update.
Bread Financial Holdings, Inc. announced a performance update for August 2024, highlighting a slight year-over-year increase in average credit card and other loans, which rose by 1%. However, the company experienced a rise in its net loss rate, now at 7.8% compared to 6.7% the previous year, and an uptick in delinquency rate, from 5.9% to 6.2%. This update offers investors and market watchers a snapshot of the company’s financial health and credit performance.
See more data about BFH stock on TipRanks’ Stock Analysis page.
