Bread Financial Holdings Inc. reported its performance update for October 2025. The company's end-of-period credit card and other loans stood at $17.694 billion, a slight decrease from $17.915 billion in October 2024. The average credit card and other loans for the month were $17.627 billion, marking a 1% year-over-year decline. Net principal losses for October 2025 were $112 million, compared to $120 million in the same month last year. The net loss rate was 7.5%, down from 7.9% in October 2024. As of October 31, 2025, 30 days or more delinquencies totaled $963 million, compared to $1.056 billion the previous year. The delinquency rate declined to 6.1%, from 6.4% a year earlier. The company noted that in the fourth quarter of 2024, net principal losses and net loss rate were modestly lower due to a freeze in delinquency progression for cardholders in FEMA-identified impact zones affected by hurricanes Helene and Milton.