Bread Financial Holdings Inc. has released its performance update for April 2025, reporting a decrease in both net principal losses and delinquency rates compared to the previous year. The company reported net principal losses of $114 million in April 2025, down from $127 million in April 2024, indicating a reduction in losses. The net loss rate also decreased to 7.8% from 8.6% in the same period last year. In terms of loans, the end-of-period credit card and other loans stood at $17.721 billion, slightly down from $17.891 billion in April 2024. The average credit card and other loans for April 2025 were $17.712 billion, a 2% decrease from $18.006 billion in April 2024. The delinquency rate improved to 5.7% from 6.0% in April 2024, with the 30 days plus delinquencies on principal amounting to $933 million, down from $993 million the previous year. These results reflect the company's ongoing efforts to manage credit risk effectively, despite the challenges posed by external factors such as hurricanes, which had previously impacted loss rates. Bread Financial Holdings Inc. continues to focus on providing personalized payment, lending, and saving solutions to its U.S. consumer base, maintaining its commitment to managing financial performance amid varying economic conditions.