11:27 AM EDT, 06/11/2025 (MT Newswires) -- Bread Financial Holdings ( BFH ) said Wednesday its net loss rate in May was 8%, compared with 8.8% a year earlier.
Net principal losses for the month were $120 million, down from $133 million a year earlier.
The company recorded a delinquency rate of 5.7% in May, down from 5.9% a year earlier.
End-of-period credit card and other loans fell to $17.70 billion from $17.85 billion.
Shares of the company were up 5.7% in recent trading.
Price: 55.23, Change: +2.96, Percent Change: +5.65