Bread Financial Reports Lower Net Loss and Delinquency Rates for October 2025
Reuters
Nov 13, 2025
Bread Financial Reports Lower Net Loss and Delinquency Rates for October 2025
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.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bread Financial Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9574545-en) on November 13, 2025, and is solely responsible for the information contained therein.
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