BFH · Bread Financial Holdings, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.02B | - | $971.00M | $929.00M | $970.00M | - | $983.00M | $939.00M | $991.00M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $19.00M | - | $20.00M | $20.00M | $21.00M | - | $22.00M | $23.00M | $23.00M | - |
| Operating Income | $243.00M | - | $196.00M | $174.00M | $197.00M | - | $40.00M | $180.00M | $188.00M | - |
| Interest Expense | - | - | - | - | - | - | - | - | $248.00M | - |
| Income Tax | $62.00M | - | $8.00M | $35.00M | $55.00M | - | $37.00M | $47.00M | $53.00M | - |
| Net Income | $181.00M | - | $188.00M | $139.00M | $138.00M | - | $2.00M | $133.00M | $134.00M | - |
| EPS - Basic | $4.19 | - | $4.04 | $2.97 | $2.81 | - | $0.05 | $2.69 | $2.71 | - |
| EPS - Diluted | $4.15 | - | $3.96 | $2.94 | $2.78 | - | $0.05 | $2.66 | $2.70 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $3.64B | $3.60B | $3.76B | $3.80B | $4.21B | $3.68B | $3.45B | $4.05B | $3.79B | $3.59B |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $22.31B | $22.66B | $21.71B | $21.82B | $22.38B | $22.89B | $21.74B | $22.14B | $22.30B | $23.14B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | - | $4.31B | $3.79B | $4.23B | $5.12B | $5.56B | $4.58B | - | - | $5.29B |
| Total Liabilities | $18.98B | $19.34B | $18.40B | $18.66B | $19.31B | $19.84B | $18.62B | $18.97B | $19.27B | $20.22B |
| Stockholders' Equity | $3.33B | $3.33B | $3.32B | $3.17B | $3.07B | $3.05B | $3.11B | $3.17B | $3.03B | $2.92B |
| Retained Earnings | $1.64B | $1.48B | $1.43B | $1.25B | $1.13B | $999.00M | $1.00B | $1.01B | $890.00M | $767.00M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $487.00M | - | - | - | $393.00M | - | - | - | $447.00M | - |
| Investing Cash Flow | $317.00M | - | - | - | $691.00M | - | - | - | $720.00M | - |
| Financing Cash Flow | ($475.00M) | - | - | - | ($562.00M) | - | - | - | ($975.00M) | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 23.9% | - | 20.2% | 18.7% | 20.3% | - | 4.1% | 19.2% | 19.0% | - |
| EBITDA margin | 25.7% | - | 22.2% | 20.9% | 22.5% | - | 6.3% | 21.6% | 21.3% | - |
| Net margin | 17.8% | - | 19.4% | 15.0% | 14.2% | - | 0.2% | 14.2% | 13.5% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 25.5% | - | 4.1% | 20.1% | 28.5% | - | 94.9% | 26.1% | 28.3% | - |
| Return on assets | 0.8% | - | 0.9% | 0.6% | 0.6% | - | 0.0% | 0.6% | 0.6% | - |
| Return on equity | 5.4% | - | 5.7% | 4.4% | 4.5% | - | 0.1% | 4.2% | 4.4% | - |
| Return on invested capital | - | - | 2.6% | 1.9% | 1.7% | - | 0.3% | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | - | 1.29 | 1.14 | 1.34 | 1.67 | 1.82 | 1.47 | - | - | 1.81 |
| Debt / Assets | - | 0.19 | 0.17 | 0.19 | 0.23 | 0.24 | 0.21 | - | - | 0.23 |
| Debt / EBITDA | - | - | 17.53 | 21.79 | 23.49 | - | 73.94 | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | 0.8x | - |
| Equity multiplier | 6.71 | 6.81 | 6.55 | 6.89 | 7.30 | 7.50 | 6.98 | 6.99 | 7.35 | 7.93 |
| Liabilities / Assets | 0.85 | 0.85 | 0.85 | 0.85 | 0.86 | 0.87 | 0.86 | 0.86 | 0.86 | 0.87 |
| Efficiency | ||||||||||
| Asset turnover | 0.05 | - | 0.04 | 0.04 | 0.04 | - | 0.05 | 0.04 | 0.04 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 18.0x | - | 14.1x | 19.4x | 18.0x | - | 951.6x | 16.8x | 13.8x | - |
| P / B | 1.0x | - | 0.8x | 0.9x | 0.8x | - | 0.8x | 0.7x | 0.6x | - |
| P / S | 3.2x | - | 2.7x | 2.9x | 2.6x | - | 2.5x | 2.4x | 1.9x | - |
| EV / EBITDA | -1.5x | - | 12.4x | 16.1x | 15.6x | - | 57.4x | -8.9x | -9.2x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 4.9% | - | -1.2% | -1.1% | -2.1% | - | -4.7% | -1.4% | -23.1% | - |
| Revenue CAGR (3y) | -7.6% | - | -0.3% | 1.3% | 1.7% | - | -3.7% | -2.5% | -3.0% | - |
| Revenue CAGR (5y) | -1.3% | - | -1.6% | -1.0% | -6.8% | - | -7.3% | -7.0% | -5.8% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 23.4% | - | 390.0% | -3.3% | 4.8% | - | -82.2% | 109.3% | -70.5% | - |
| Net income growth (YoY) | 31.2% | - | 9300.0% | 4.5% | 3.0% | - | -98.8% | 177.1% | -70.5% | - |
| EPS growth (YoY) | 49.3% | - | 7820.0% | 10.5% | 3.0% | - | -98.5% | 180.0% | -70.3% | - |
| EPS CAGR (3y) | -23.0% | - | 13.8% | 127.4% | -12.9% | - | -77.6% | -21.4% | -22.2% | - |
| EPS CAGR (5y) | -6.3% | - | 7.3% | 29.4% | 34.6% | - | - | 0.2% | -0.7% | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 8.4% | 9.0% | 6.6% | -0.1% | 1.2% | 4.6% | 8.7% | 15.9% | 11.6% | 28.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2020-12-31.
Business segments
$4.52B totalPrivate Label Services And Credit$3.76B · 83.1%
Loyalty One$764.80M · 16.9%
Product / service
$577.10M totalShort Term Loyalty Programs$487.70M · 84.5%
Coalition Loyalty Program$262.50M · 45.5%
Other$1.80M · 0.3%
Servicing Fees Net($174.90M) · -30.3%
Geographic
$764.80M totalEMEA$332.60M · 43.5%
CA$286.90M · 37.5%
Asia Pacific$80.50M · 10.5%
Other Geographic Regions$53.70M · 7.0%
US$11.10M · 1.5%
Peer comparison
Same SIC group: Personal Credit Institutions
Comparing BREAD FINANCIAL HOLDINGS against the 5 most active filers in the same SIC group.
Dividends
$0.90/share trailing 12 months · +7.1% YoY
| Ex-date | Per share |
|---|---|
| May 29, 2026 | $0.2300 |
| Feb 27, 2026 | $0.2300 |
| Nov 7, 2025 | $0.2300 |
| Aug 8, 2025 | $0.2100 |
| May 9, 2025 | $0.2100 |
| Feb 14, 2025 | $0.2100 |
| Nov 8, 2024 | $0.2100 |
| Aug 9, 2024 | $0.2100 |
| May 9, 2024 | $0.2100 |
| Feb 8, 2024 | $0.2100 |
| Nov 10, 2023 | $0.2100 |
| Aug 10, 2023 | $0.2100 |
| May 11, 2023 | $0.2100 |
| Feb 9, 2023 | $0.2100 |
| Nov 10, 2022 | $0.2100 |
| Aug 11, 2022 | $0.2100 |
| May 12, 2022 | $0.2100 |
| Feb 10, 2022 | $0.2100 |
| Nov 10, 2021 | $0.2100 |
| Aug 12, 2021 | $0.1676 |
| May 13, 2021 | $0.1676 |
| Feb 11, 2021 | $0.1676 |
| Nov 12, 2020 | $0.1676 |
| Aug 13, 2020 | $0.1676 |