Bread Financial delivered a strong second quarter with notable achievements in credit sales growth, operational excellence, and successful capital initiatives. However, challenges remain in terms of revenue decline and loan growth, largely due to external factors like consumer spending patterns and credit losses.

Company Guidance

During Bread Financial's second-quarter 2025 earnings call, the company reported robust financial performance, emphasizing operational excellence and disciplined capital allocation. The company achieved an adjusted net income of $149 million and an adjusted earnings per diluted share of $3.15, excluding a $10 million post-tax impact from debt repurchase expenses. Credit sales grew by 4% year-over-year, with a significant portion driven by nondiscretionary purchases, and the net loss rate outperformed expectations, leading to a revised full-year outlook of 7.8% to 7.9%. Return on average tangible common equity was reported at 22.7%. Bread Financial also highlighted its strong liquidity position, with $7.7 billion in total liquid assets and undrawn credit facilities, and a steady increase in direct-to-consumer deposits, which reached $8.1 billion, marking a 12% year-over-year growth. The company successfully completed a $150 million share repurchase program and a $150 million tender offer for senior notes, optimizing its balance sheet. Additionally, Bread Financial announced a multiyear extension with Caesars Entertainment and launched a new co-brand credit card program with Crypto.com, signaling ongoing growth and innovation in its offerings.

Strong Second Quarter Results

Bread Financial reported adjusted net income of $149 million and adjusted earnings per diluted share of $3.15. Return on average tangible common equity was 22.7% for the quarter.

Credit Sales Growth

Credit sales grew 4% year-over-year for the second quarter, driven by new partner growth and higher general purpose spending.

Operational Excellence

Despite technology-related investments, inflation, and wage pressures, adjusted total noninterest expense was essentially flat year-over-year.

Successful Capital Initiatives

Bread Financial completed a $150 million share repurchase program and a $150 million tender offer for senior notes, enhancing shareholder value.

Direct-to-Consumer Deposit Growth

Direct-to-consumer deposits increased to $8.1 billion at quarter end, up 12% year-over-year.

Partnership Extensions

Bread Financial announced the multiyear extension of its relationship with Caesars Entertainment, securing top 10 programs into at least 2028.

Bread Financial Holdings (BFH) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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BFH Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 23, 2025	2025 (Q3)	2.11 / -	1.84	―	―	―
Jul 24, 2025	2025 (Q2)	1.93 / 3.14	2.66	18.05% (+0.48)
Apr 24, 2025	2025 (Q1)	2.23 / 2.86	2.73	4.76% (+0.13)
Jan 30, 2025	2024 (Q4)	0.25 / 0.41	0.9	-54.44% (-0.49)
Oct 24, 2024	2024 (Q3)	1.94 / 1.84	3.46	-46.82% (-1.62)
Jul 25, 2024	2024 (Q2)	1.66 / 2.66	1.27	109.45% (+1.39)
Apr 25, 2024	2024 (Q1)	2.98 / 2.73	9.08	-69.93% (-6.35)
Jan 25, 2024	2023 (Q4)	-0.68 / 0.90	-2.68	133.58% (+3.58)
Oct 26, 2023	2023 (Q3)	2.33 / 3.46	2.69	28.62% (+0.77)
Jul 27, 2023	2023 (Q2)	0.06 / 1.27	0.25	408.00% (+1.02)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

BFH Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 24, 2025	$63.97	$60.78	-4.99%
Apr 24, 2025	$47.50	$48.53	+2.17%
Jan 30, 2025	$62.94	$63.00	+0.10%
Oct 24, 2024	$50.26	$49.33	-1.85%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Bread Financial Holdings (BFH) report earnings?

Bread Financial Holdings (BFH) is schdueled to report earning on Oct 23, 2025, Before Open (Confirmed).

What is Bread Financial Holdings (BFH) earnings time?

Bread Financial Holdings (BFH) earnings time is at Oct 23, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is BFH EPS forecast?

BFH EPS forecast for the fiscal quarter 2025 (Q3) is 2.11.

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