Free Trial
Your $100 Credit Is Waiting! Get MarketBeat All Access Today
Lock In $149
Claim MarketBeat All Access Sale Promotion

Bread Financial (BFH) Financials

Bread Financial logo
$85.85 -1.84 (-2.10%)
Closing price 03:59 PM Eastern
Extended Trading
$84.44 -1.40 (-1.64%)
As of 05:01 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Compare
Annual Income Statements for Bread Financial

Annual Income Statements for Bread Financial

This table shows Bread Financial's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 597 516 789 963 278 214 801 223 718 277 518
Consolidated Net Income / (Loss)		 605 518 789 963 278 214 801 223 718 277 518
Net Income / (Loss) Continuing Operations		 605 518 769 946 506 208 797 224 737 279 521
Total Pre-Tax Income 		932 837 1,063 1,215 662 301 1,044 300 968 381 615
Total Revenue		 6,110 6,710 5,019 5,124 4,050 3,298 3,272 3,826 4,289 3,838 3,845
Net Interest Income / (Expense)		 -330 -429 -455 -542 4,189 3,453 3,485 4,181 4,266 4,064 4,058
Total Interest Income		 0.00 0.00 0.00 0.00 4,827 3,952 3,868 4,684 5,145 5,024 4,912
Loans and Leases Interest Income		 - - - - 4,729 3,931 3,861 4,615 4,961 4,820 4,739
Investment Securities Interest Income		 - - - - 98 21 7.00 69 184 204 173
Total Interest Expense		 330 429 455 542 638 499 383 503 879 960 854
Deposits Interest Expense		 54 85 125 166 307 238 167 243 541 608 554
Long-Term Debt Interest Expense		 277 344 174 377 331 261 216 260 338 352 300
Total Non-Interest Income		 6,440 7,138 5,475 5,667 -139 -155 -213 -355 23 -226 -213
Other Service Charges		 - 3,640 - 4,695 219 177 146 114 128 144 200
Net Realized & Unrealized Capital Gains on Investments		 3,900 994 5,107 676 - - 10 0.00 230 11 3.00
Other Non-Interest Income		 - - - - -358 -332 -369 -469 -335 -381 -416
Provision for Credit Losses		 668 941 - - 1,188 1,266 544 1,594 1,229 1,397 1,242
Total Non-Interest Expense		 4,510 4,932 3,957 3,909 2,200 1,731 1,684 1,932 2,092 2,060 1,988
Salaries and Employee Benefits		 - - - - 721 609 671 779 867 897 880
Net Occupancy & Equipment Expense		 - - - - 187 191 216 274 301 300 308
Marketing Expense		 - - - - 205 143 160 180 161 147 150
Other Operating Expenses		 4,018 4,420 3,769 3,716 991 682 545 586 647 626 570
Depreciation Expense		 142 167 74 81 96 106 92 113 116 90 80
Income Tax Expense		 326 319 293 270 156 93 247 76 231 102 94
Net Income / (Loss) Discontinued Operations		 - - 20 18 -228 6.00 4.00 -1.00 -19 -2.00 -3.00
Basic Earnings per Share		 $8.91 $7.37 $14.17 $17.56 $5.38 $4.47 $16.09 $4.47 $14.39 $5.58 $11.07
Weighted Average Basic Shares Outstanding		 61.90M 58.60M 55.70M 54.90M 50M 47.80M 49.70M 49.90M 49.80M 49.60M 46.80M
Diluted Earnings per Share		 $8.85 $7.34 $14.10 $17.49 $5.46 $4.46 $16.02 $4.46 $14.34 $5.49 $10.89
Weighted Average Diluted Shares Outstanding		 62.30M 58.90M 55.90M 55.10M 50.90M 47.90M 50M 50M 50M 50.40M 47.60M
Weighted Average Basic & Diluted Shares Outstanding		 59.26M 55.93M 55.46M 53.00M 47.63M 49.70M 49.95M 50.12M 49.42M 49.09M 43.12M
Cash Dividends to Common per Share		 $0.00 $0.52 $2.08 $0.57 $0.63 $1.26 $0.84 $0.84 $0.84 $0.84 $0.86

Quarterly Income Statements for Bread Financial

This table shows Bread Financial's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders		 171 44 134 133 2.00 8.00 138 139 188 53 179
Consolidated Net Income / (Loss)		 171 44 134 133 2.00 8.00 138 139 188 53 181
Net Income / (Loss) Continuing Operations		 173 45 135 133 3.00 8.00 142 139 188 52 181
Total Pre-Tax Income 		225 19 188 180 40 -27 197 174 196 48 243
Total Revenue		 1,031 1,017 991 939 983 925 970 929 971 975 1,018
Net Interest Income / (Expense)		 1,082 1,075 1,052 987 1,037 988 1,006 974 1,032 1,046 1,067
Total Interest Income		 1,301 1,312 1,300 1,228 1,277 1,219 1,231 1,194 1,242 1,245 1,260
Loans and Leases Interest Income		 1,256 1,263 1,247 1,174 1,224 1,175 1,185 1,148 1,198 1,208 1,224
Investment Securities Interest Income		 45 49 53 54 53 44 46 46 44 37 36
Total Interest Expense		 219 237 248 241 240 231 225 220 210 199 193
Deposits Interest Expense		 143 154 155 152 153 148 138 139 139 138 133
Long-Term Debt Interest Expense		 76 83 93 89 87 83 87 81 71 61 60
Total Non-Interest Income		 -51 -58 -61 -48 -54 -63 -36 -45 -61 -71 -49
Other Service Charges		 33 32 31 31 37 45 47 47 50 56 58
Other Non-Interest Income		 -84 -90 -92 -84 -95 -110 -83 -95 -111 -127 -107
Provision for Credit Losses		 304 482 321 290 369 417 296 274 299 373 303
Total Non-Interest Expense		 502 516 482 469 574 535 477 481 476 554 472
Salaries and Employee Benefits		 210 220 213 214 228 242 215 212 222 231 220
Net Occupancy & Equipment Expense		 73 78 74 73 73 80 81 77 72 78 76
Marketing Expense		 36 46 28 33 38 48 35 34 38 43 35
Other Operating Expenses		 160 148 144 126 213 143 125 138 124 183 122
Depreciation Expense		 23 24 23 23 22 22 21 20 20 19 19
Income Tax Expense		 52 -26 53 47 37 -35 55 35 8.00 -4.00 62
Net Income / (Loss) Discontinued Operations		 -2.00 -1.00 -1.00 0.00 -1.00 - -4.00 0.00 0.00 1.00 0.00
Preferred Stock Dividends Declared		 - - - - - - 0.00 - - - 2.00
Basic Earnings per Share		 $3.44 $0.88 $2.71 $2.69 $0.05 $0.13 $2.81 $2.97 $4.04 $1.25 $4.19
Weighted Average Basic Shares Outstanding		 49.90M 49.80M 49.50M 49.60M 49.70M 49.60M 49M 46.70M 46.50M 46.80M 42.80M
Diluted Earnings per Share		 $3.42 $0.88 $2.70 $2.66 $0.05 $0.08 $2.78 $2.94 $3.96 $1.21 $4.15
Weighted Average Diluted Shares Outstanding		 50.10M 50M 49.70M 50.20M 51M 50.40M 49.60M 47.20M 47.50M 47.60M 43.20M
Weighted Average Basic & Diluted Shares Outstanding		 49.33M 49.42M 49.58M 49.68M 49.72M 49.09M 46.55M 46.64M 45.66M 43.12M 40.41M
Cash Dividends to Common per Share		 $0.21 $0.20 $0.21 $0.21 $0.21 - $0.21 $0.21 $0.21 - $0.23

Annual Cash Flow Statements for Bread Financial

This table details how cash moves in and out of Bread Financial's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 91 487 2,346 -347 -10 -495 460 4.00 -311 98 -86
Net Cash From Operating Activities		 1,760 2,127 2,599 2,755 1,218 1,883 1,543 1,848 1,987 1,859 2,092
Net Cash From Continuing Operating Activities		 1,760 2,127 2,599 2,755 1,218 1,883 1,543 1,848 1,987 1,859 2,092
Net Income / (Loss) Continuing Operations		 605 518 789 963 278 214 801 223 718 277 518
Consolidated Net Income / (Loss)		 605 518 789 963 278 214 801 223 718 277 518
Provision For Loan Losses		 668 941 1,140 1,016 1,188 1,266 544 1,594 1,229 1,397 1,242
Depreciation Expense		 492 512 498 487 249 184 123 113 116 90 80
Amortization Expense		 32 35 44 47 284 74 106 110 118 113 91
Non-Cash Adjustments to Reconcile Net Income		 -43 327 -96 227 -519 -138 10 -145 -222 49 200
Changes in Operating Assets and Liabilities, net		 5.30 -204 225 14 -262 283 -41 -47 28 -67 -39
Net Cash From Investing Activities		 -3,363 -4,292 -4,268 -1,872 2,861 1,774 -1,691 -5,111 788 -1,169 -1,371
Net Cash From Continuing Investing Activities		 -3,363 -4,292 -4,268 -1,872 2,861 1,774 -1,691 -5,111 788 -1,169 -1,371
Purchase of Investment Securities		 -3,377 -4,742 -4,877 -3,031 -3,662 1,449 -2,163 -5,141 -1,725 -1,284 -1,391
Sale and/or Maturity of Investments		 39 525 840 1,201 2,122 366 585 30 2,513 115 20
Net Cash From Financing Activities		 1,719 2,637 4,005 -1,218 -4,092 -4,167 608 3,267 -3,086 -592 -807
Net Cash From Continuing Financing Activities		 1,719 2,637 4,005 -1,218 -4,092 -4,167 608 3,267 -3,086 -592 -807
Net Change in Deposits		 849 2,790 2,543 864 356 -2,370 1,228 2,778 -209 -541 835
Issuance of Debt		 4,389 8,228 7,697 3,419 1,981 2,375 4,104 4,147 2,111 1,796 746
Issuance of Preferred Equity		 - - - - - - - - 0.00 0.00 71
Repayment of Debt		 -2,258 -7,187 -7,341 -4,919 -5,310 -4,115 -4,551 -3,600 -4,909 -1,742 -2,087
Repurchase of Common Equity		 -952 -799 -554 -443 -976 - 0.00 -12 -35 -55 -313
Payment of Dividends		 0.00 -30 -116 -125 -127 -61 -42 -43 -42 -43 -42
Other Financing Activities, Net		 -327 -384 -29 -31 -28 4.00 -131 -3.00 -2.00 -7.00 -17
Cash Interest Paid		 311 405 551 720 672 488 357 466 861 922 868
Cash Income Taxes Paid		 304 467 344 234 1,071 268 325 338 292 227 53

Quarterly Cash Flow Statements for Bread Financial

This table details how cash moves in and out of Bread Financial's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents		 44 221 192 264 -601 243 522 -418 -39 -151 329
Net Cash From Operating Activities		 629 617 447 477 456 479 393 526 605 568 487
Net Cash From Continuing Operating Activities		 629 617 447 477 456 479 393 526 605 568 487
Net Income / (Loss) Continuing Operations		 172 43 134 134 2.00 7.00 138 138 188 54 181
Consolidated Net Income / (Loss)		 172 43 134 134 2.00 7.00 138 138 188 54 181
Provision For Loan Losses		 305 482 321 290 369 417 296 274 299 373 303
Depreciation Expense		 23 24 23 23 22 22 21 21 19 19 19
Amortization Expense		 30 31 32 29 28 24 23 23 23 22 22
Non-Cash Adjustments to Reconcile Net Income		 22 -9.00 -37 11 80 -5.00 36 14 89 61 35
Changes in Operating Assets and Liabilities, net		 77 46 -26 -10 -45 14 -121 56 -13 39 -73
Net Cash From Investing Activities		 -281 -1,791 720 31 -569 -1,351 691 -221 -338 -1,503 317
Net Cash From Continuing Investing Activities		 -281 -1,791 720 31 -569 -1,351 691 -221 -338 -1,503 317
Purchase of Investment Securities		 -285 -1,795 717 -73 -572 -1,356 686 -226 -344 -1,507 313
Sale and/or Maturity of Investments		 4.00 4.00 3.00 104 3.00 5.00 5.00 5.00 6.00 4.00 4.00
Net Cash From Financing Activities		 -304 1,395 -975 -244 -488 1,115 -562 -723 -306 784 -475
Net Cash From Continuing Financing Activities		 -304 1,395 -975 -244 -488 1,115 -562 -723 -306 784 -475
Net Change in Deposits		 220 350 -293 -334 -148 234 17 241 196 381 157
Issuance of Debt		 123 1,092 93 500 151 1,052 289 -161 -15 633 -26
Repayment of Debt		 -640 -38 -744 -401 -480 -117 -732 -748 -436 -171 -407
Repurchase of Common Equity		 -35 - -11 - - -44 -103 -47 -40 -123 -153
Payment of Dividends		 -11 -10 -11 -11 -10 -11 -12 -10 -9.00 -11 -14
Other Financing Activities, Net		 39 1.00 -9.00 2.00 -1.00 1.00 -21 2.00 -2.00 4.00 -32

Annual Balance Sheets for Bread Financial

This table presents Bread Financial's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 22,350 25,514 30,685 30,388 26,495 22,547 21,746 25,407 23,141 22,891 22,663
Cash and Due from Banks		 1,168 1,859 4,190 3,817 3,874 2,796 3,046 3,891 3,590 3,679 3,604
Trading Account Securities		 - - - - - 225 239 221 253 266 284
Loans and Leases, Net of Allowance		 13,058 15,596 17,495 16,817 18,292 14,776 15,567 18,901 17,005 16,655 16,699
Loans and Leases		 13,800 16,544 18,614 17,855 19,463 16,784 17,399 21,365 19,333 18,896 18,805
Allowance for Loan and Lease Losses		 742 948 1,119 1,038 1,171 2,008 1,832 2,464 2,328 2,241 2,106
Premises and Equipment, Net		 577 586 614 288 282 213 215 195 167 142 117
Intangible Assets		 1,204 1,003 801 217 153 711 687 799 762 746 716
Other Assets		 2,073 2,345 3,116 7,735 2,337 3,826 1,992 1,400 1,364 1,403 1,243
Total Liabilities & Shareholders' Equity		 22,350 25,514 30,685 30,388 26,495 22,547 21,746 25,407 23,141 22,891 22,663
Total Liabilities		 20,173 23,856 28,830 28,056 24,907 21,025 19,660 23,142 20,223 19,840 19,336
Non-Interest Bearing Deposits		 5,606 4,673 6,366 11,794 6,942 9,793 11,027 13,826 13,620 13,082 13,916
Long-Term Debt		 11,131 11,742 14,756 13,238 10,033 8,516 7,439 8,007 5,292 5,557 4,308
Other Long-Term Liabilities		 1,062 4,523 5,267 795 6,033 2,716 1,194 1,309 1,311 1,201 1,112
Commitments & Contingencies		 0.00 0.00 - 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 2,010 1,658 1,855 2,332 1,588 1,522 2,086 2,265 2,918 3,051 3,327
Total Preferred & Common Equity		 2,010 1,658 1,855 2,332 1,588 1,522 2,086 2,265 2,918 3,051 3,327
Preferred Stock		 - - - - - - - - - 0.00 0.00
Total Common Equity		 2,010 1,658 1,855 2,332 1,588 1,522 2,086 2,265 2,918 3,051 3,327
Common Stock		 2,982 3,047 3,101 3,174 3,259 3,428 2,175 2,193 2,170 2,074 1,868
Retained Earnings		 3,093 3,495 4,167 5,012 5,163 4,832 -87 93 767 999 1,475
Accumulated Other Comprehensive Income / (Loss)		 -137 -151 -140 -138 -100 -5.00 -2.00 -21 -19 -22 -16

Quarterly Balance Sheets for Bread Financial

This table presents Bread Financial's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets		 21,960 21,970 21,609 21,608 22,299 22,144 21,736 22,382 21,821 21,714 22,308
Cash and Due from Banks		 3,583 3,611 3,325 3,380 3,789 4,053 3,451 4,212 3,799 3,764 3,637
Trading Account Securities		 218 228 239 240 258 264 277 272 277 284 286
Loans and Leases, Net of Allowance		 16,053 15,837 15,754 15,715 15,930 15,579 15,743 15,643 15,558 15,585 16,057
Loans and Leases		 18,126 18,060 17,962 17,922 18,185 17,743 17,933 17,815 17,656 17,655 18,135
Allowance for Loan and Lease Losses		 2,073 2,223 2,208 2,207 2,255 2,164 2,190 2,172 2,098 2,070 2,078
Premises and Equipment, Net		 204 180 162 160 166 157 148 133 127 122 112
Intangible Assets		 690 790 780 771 753 744 754 738 731 723 708
Other Assets		 1,212 1,324 1,349 1,342 1,403 1,347 1,363 1,384 1,329 1,236 1,508
Total Liabilities & Shareholders' Equity		 21,960 21,970 21,609 21,608 22,299 22,144 21,736 22,382 21,821 21,714 22,308
Total Liabilities		 19,561 19,254 18,873 18,744 19,267 18,974 18,624 19,314 18,655 18,397 18,983
Non-Interest Bearing Deposits		 12,444 13,138 13,048 13,268 13,327 12,994 12,847 13,099 13,340 13,535 14,073
Long-Term Debt		 5,931 4,884 4,698 4,223 4,652 4,754 4,584 5,121 4,227 3,787 3,878
Other Long-Term Liabilities		 1,186 1,232 1,127 1,253 1,288 1,226 1,193 1,094 1,088 1,075 1,032
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 2,399 2,716 2,736 2,864 3,032 3,170 3,112 3,068 3,166 3,317 3,325
Total Preferred & Common Equity		 2,399 2,716 2,736 2,864 3,032 3,170 3,112 3,068 3,166 3,317 3,325
Preferred Stock		 - - - - - - - - - - 0.00
Total Common Equity		 2,399 2,716 2,736 2,864 3,032 3,170 3,112 3,068 3,166 3,317 3,325
Common Stock		 2,182 2,198 2,182 2,156 2,164 2,180 2,125 1,961 1,930 1,901 1,699
Retained Earnings		 238 537 574 735 890 1,012 1,003 1,126 1,255 1,432 1,643
Accumulated Other Comprehensive Income / (Loss)		 -21 -19 -20 -27 -22 -22 -16 -19 -19 -16 -17

Annual Metrics And Ratios for Bread Financial

This table displays calculated financial ratios and metrics derived from Bread Financial's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Growth Metrics		 - - - - - - - - - - -
Profitability Metrics		 - - - - - - - - - - -
Valuation Ratios		 - - - - - - - - - - -
Leverage & Solvency		 - - - - - - - - - - -
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Efficiency Ratios		 - - - - - - - - - - -
Capital & Investment Metrics		 - - - - - - - - - - -
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $7.26 $6.01 $11.55 $14.31 $4.37 $3.64 $16.09 $4.47 $14.39 $5.58 $11.07
Adjusted Weighted Average Basic Shares Outstanding		 75.91M 71.90M 68.34M 67.36M 61.35M 58.65M 49.70M 49.90M 49.80M 49.60M 46.80M
Adjusted Diluted Earnings per Share		 $7.21 $5.98 $11.49 $14.26 $4.45 $3.64 $16.02 $4.46 $14.34 $5.49 $10.89
Adjusted Weighted Average Diluted Shares Outstanding		 76.44M 72.26M 68.58M 67.60M 62.45M 58.77M 50M 50M 50M 50.40M 47.60M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 72.71M 68.62M 68.05M 65.02M 58.43M 60.97M 49.95M 50.12M 49.42M 49.09M 43.12M
Debt Service Ratios		 - - - - - - - - - - -
Payout Ratios		 - - - - - - - - - - -

Quarterly Metrics And Ratios for Bread Financial

This table displays calculated financial ratios and metrics derived from Bread Financial's official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding		 - - - - - - - - - - 43,115,116.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - - 43,115,116.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - - 4.20
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 5.31% -1.55% -23.12% -1.37% -4.66% -9.05% -2.12% -1.07% -1.22% - 4.95%
EBITDA Growth		 13.47% 252.05% -65.34% 55.70% -67.63% -91.44% -0.82% -6.03% 164.44% - 17.84%
EBIT Growth		 19.05% 127.54% -70.53% 109.30% -82.22% -147.37% 4.79% -3.33% 390.00% - 23.35%
NOPAT Growth		 58.21% 131.06% -70.33% 107.81% -98.27% -142.00% 5.19% 4.51% 6,166.67% - 27.46%
Net Income Growth		 27.61% 133.08% -70.55% 177.08% -98.83% -81.82% 2.99% 4.51% 9,300.00% - 31.16%
EPS Growth		 27.14% 132.96% -70.26% 180.00% -98.54% -90.91% 2.96% 10.53% 7,820.00% - 49.28%
Operating Cash Flow Growth		 3.45% 24.14% 12.31% 39.07% -27.50% -22.37% -12.08% 10.27% 32.68% - 23.92%
Free Cash Flow Firm Growth		 -37.04% 137.34% -97.32% -115.24% -142.80% 86.93% -811.76% 287.68% 228.71% - 421.49%
Invested Capital Growth		 -14.92% -240.15% 1.11% 6.59% 8.59% -47.58% 6.57% -6.70% -7.69% - -12.04%
Revenue Q/Q Growth		 8.30% -1.36% -2.56% -5.25% 4.69% -5.90% 4.86% -4.23% 4.52% - 4.41%
EBITDA Q/Q Growth		 173.15% -20.14% 9.46% -4.53% -61.21% -78.89% 1,168.42% -9.54% 9.17% - 219.10%
EBIT Q/Q Growth		 323.26% -74.67% 229.82% -4.26% -77.78% -167.50% 829.63% -11.68% 12.64% - 406.25%
NOPAT Q/Q Growth		 170.31% -73.99% 200.00% -1.48% -97.74% -730.00% 851.32% -2.11% 35.25% - 248.08%
Net Income Q/Q Growth		 512.50% -74.27% 204.55% -0.75% -98.50% 300.00% 1,625.00% 0.72% 35.25% - 241.51%
EPS Q/Q Growth		 260.00% -74.27% 206.82% -1.48% -98.12% 60.00% 3,375.00% 5.76% 34.69% - 242.98%
Operating Cash Flow Q/Q Growth		 166.76% -1.91% -27.55% 6.71% -4.40% 5.04% -17.95% 33.84% 15.02% - -14.26%
Free Cash Flow Firm Q/Q Growth		 -79.08% 194.42% -98.78% -800.00% -69.75% 1,385.99% -104.66% 284.57% 16.42% - 13.85%
Invested Capital Q/Q Growth		 -9.34% 131.69% -53.20% 3.12% -2.88% 11.85% -4.87% -9.72% -3.91% - -5.66%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 53.93% 7.28% 24.52% 24.71% 9.16% 2.05% 24.85% 23.47% 24.51% - 27.90%
EBIT Margin		 43.65% 1.87% 18.97% 19.17% 4.07% -2.92% 20.31% 18.73% 20.19% - 23.87%
Profit (Net Income) Margin		 16.59% 4.33% 13.52% 14.16% 0.20% 0.86% 14.23% 14.96% 19.36% - 17.78%
Tax Burden Percent		 76.00% 0.00% 71.28% 73.89% 5.00% -29.63% 70.05% 79.89% 95.92% - 74.49%
Interest Burden Percent		 200.00% 0.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% - 100.00%
Effective Tax Rate		 46.22% -136.84% 28.19% 26.11% 92.50% 0.00% 27.92% 20.11% 4.08% - 25.51%
Return on Invested Capital (ROIC)		 18.74% 1.32% 7.11% 7.34% 0.16% -0.63% 7.04% 7.44% 9.93% - 8.99%
ROIC Less NNEP Spread (ROIC-NNEP)		 18.66% 1.31% 7.09% 7.34% 0.14% -0.43% 6.96% 7.44% 9.93% - 8.99%
Return on Net Nonoperating Assets (RNNOA)		 18.00% 7.43% 11.77% 11.74% 0.21% -1.90% 11.15% 10.54% 12.93% - 12.66%
Return on Equity (ROE)		 27.37% 8.75% 18.88% 19.08% 0.37% -2.53% 18.19% 17.98% 22.86% - 21.65%
Cash Return on Invested Capital (CROIC)		 23.38% -109.01% 4.36% -0.05% -3.96% 130.26% -2.76% 10.75% 14.45% - 20.09%
Operating Return on Assets (OROA)		 4.31% 0.33% 3.42% 3.49% 0.74% -0.49% 3.47% 3.24% 3.53% - 4.16%
Return on Assets (ROA)		 3.28% 0.76% 2.44% 2.58% 0.04% 0.14% 2.43% 2.59% 3.38% - 3.10%
Return on Common Equity (ROCE)		 27.37% 8.75% 18.88% 19.08% 0.37% -2.53% 18.19% 17.98% 22.86% - 21.65%
Return on Equity Simple (ROE_SIMPLE)		 18.89% 0.00% 13.09% 15.21% 10.06% 0.00% 9.16% 9.07% 14.26% - 16.87%
Net Operating Profit after Tax (NOPAT)		 173 45 135 133 3.00 -19 142 139 188 - 181
NOPAT Margin		 16.78% 4.42% 13.62% 14.16% 0.31% -2.04% 14.64% 14.96% 19.36% - 17.78%
Net Nonoperating Expense Percent (NNEP)		 0.04% 0.01% 0.02% 0.00% 0.02% -0.20% 0.08% 0.00% 0.00% - 0.00%
SG&A Expenses to Revenue		 30.94% 33.83% 31.79% 34.08% 34.49% 40.00% 34.12% 34.77% 34.19% - 32.51%
Operating Expenses to Revenue		 97.38% 50.74% 48.64% 49.95% 58.39% 57.84% 49.18% 51.78% 49.02% - 46.37%
Earnings before Interest and Taxes (EBIT)		 225 57 188 180 40 -27 197 174 196 - 243
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 278 222 243 232 90 19 241 218 238 - 284
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.59 0.54 0.60 0.69 0.76 0.99 0.80 0.84 0.78 - 0.97
Price to Tangible Book Value (P/TBV)		 0.81 0.74 0.80 0.91 1.00 1.31 1.06 1.09 1.00 - 1.23
Price to Revenue (P/Rev)		 0.39 1.90 0.46 0.55 0.60 0.79 0.64 0.70 0.69 - 0.83
Price to Earnings (P/E)		 3.13 6.77 4.59 4.56 7.55 10.92 8.75 9.26 5.50 - 5.78
Dividend Yield		 6.24% 12.91% 1.71% 1.42% 1.32% 1.38% 1.68% 1.47% 1.51% - 1.18%
Earnings Yield		 32.00% 133.95% 21.78% 21.91% 13.24% 9.16% 11.43% 10.79% 18.18% - 17.31%
Enterprise Value to Invested Capital (EV/IC)		 0.36 1.62 0.35 0.37 0.45 0.57 0.41 0.42 0.37 - 0.48
Enterprise Value to Revenue (EV/Rev)		 0.59 1.55 0.67 0.73 0.89 1.28 0.88 0.81 0.69 - 0.89
Enterprise Value to EBITDA (EV/EBITDA)		 5.52 1.38 3.61 3.51 5.47 8.40 5.79 5.43 3.67 - 4.19
Enterprise Value to EBIT (EV/EBIT)		 3.41 1.13 5.19 4.74 8.19 12.87 8.63 8.04 4.86 - 5.25
Enterprise Value to NOPAT (EV/NOPAT)		 4.53 6.76 6.44 5.97 11.07 17.57 11.77 10.57 5.50 - 6.20
Enterprise Value to Operating Cash Flow (EV/OCF)		 1.36 5.02 1.32 1.34 1.75 2.64 1.87 1.67 1.31 - 1.59
Enterprise Value to Free Cash Flow (EV/FCFF)		 1.41 0.00 8.07 0.00 0.00 0.30 0.00 3.75 2.45 - 2.24
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 1.47 5.44 1.53 1.50 1.47 1.82 1.67 1.34 1.14 - 1.17
Long-Term Debt to Equity		 2.95 5.44 1.53 1.50 1.47 1.82 1.67 1.34 1.14 - 1.17
Financial Leverage		 3.86 11.31 1.66 1.60 1.47 4.48 1.60 1.42 1.30 - 1.41
Leverage Ratio		 8.28 28.10 7.70 7.41 7.25 7.71 7.32 6.94 6.76 - 6.99
Compound Leverage Factor		 16.56 0.00 7.70 7.41 7.25 7.71 7.32 6.94 6.76 - 6.99
Debt to Total Capital		 59.59% 193.37% 60.54% 60.00% 59.56% 64.56% 62.54% 57.18% 53.31% - 53.84%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Long-Term Debt to Total Capital		 59.59% 64.46% 60.54% 60.00% 59.56% 64.56% 62.54% 57.18% 53.31% - 53.84%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Common Equity to Total Capital		 80.82% 177.71% 39.46% 40.01% 40.44% 35.44% 37.46% 42.82% 46.69% - 46.16%
Debt to EBITDA		 4.30 2.20 6.25 5.75 7.17 9.52 8.80 7.44 5.29 - 4.68
Net Debt to EBITDA		 1.83 0.71 1.16 0.85 1.77 3.22 1.56 0.75 0.03 - 0.29
Long-Term Debt to EBITDA		 4.30 3.30 6.25 5.75 7.17 9.52 8.80 7.44 5.29 - 4.68
Debt to NOPAT		 7.55 14.36 11.16 9.78 14.51 19.92 17.91 14.48 7.94 - 6.93
Net Debt to NOPAT		 3.02 2.31 2.07 1.44 3.59 6.73 3.18 1.47 0.05 - 0.43
Long-Term Debt to NOPAT		 7.55 10.77 11.16 9.78 14.51 19.92 17.91 14.48 7.94 - 6.93
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 1,416 4,169 51 -357 -606 7,793 -363 670 780 - 1,167
Operating Cash Flow to CapEx		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Free Cash Flow to Firm to Interest Expense		 6.47 17.59 0.21 -1.48 -2.53 33.74 -1.61 3.05 3.71 - 6.05
Operating Cash Flow to Interest Expense		 2.87 2.60 1.80 1.98 1.90 2.07 1.75 2.39 2.88 - 2.52
Operating Cash Flow Less CapEx to Interest Expense		 5.74 2.60 1.80 1.98 1.90 2.07 1.75 2.39 2.88 - 2.52
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.40 0.35 0.18 0.18 0.18 0.17 0.17 0.17 0.17 - 0.17
Fixed Asset Turnover		 23.65 94.78 23.07 24.94 25.52 24.84 25.53 26.81 28.11 - 31.78
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 7,087 16,420 7,684 7,924 7,696 8,608 8,189 7,393 7,104 - 7,203
Invested Capital Turnover		 0.56 0.30 0.52 0.52 0.53 0.31 0.48 0.50 0.51 - 0.51
Increase / (Decrease) in Invested Capital		 -1,243 -12,372 84 490 609 -7,812 505 -531 -592 - -986
Enterprise Value (EV)		 2,534 13,308 2,686 2,901 3,497 4,903 3,368 3,087 2,624 - 3,470
Market Capitalization		 1,691 1,589 1,823 2,200 2,364 3,025 2,459 2,659 2,601 - 3,229
Book Value per Share		 $57.02 $118.30 $61.35 $63.93 $62.64 $61.37 $62.49 $68.01 $71.12 - $77.12
Tangible Book Value per Share		 $41.67 $87.41 $46.11 $48.93 $47.47 $46.36 $47.46 $52.31 $55.61 - $60.70
Total Capital		 7,087 24,630 7,684 7,924 7,696 8,608 8,189 7,393 7,104 - 7,203
Total Debt		 4,223 10,584 4,652 4,754 4,584 5,557 5,121 4,227 3,787 - 3,878
Total Long-Term Debt		 4,223 15,876 4,652 4,754 4,584 5,557 5,121 4,227 3,787 - 3,878
Net Debt		 843 3,404 863 701 1,133 1,878 909 428 23 - 241
Capital Expenditures (CapEx)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Net Nonoperating Expense (NNE)		 2.00 2.00 1.00 0.00 1.00 -27 4.00 0.00 0.00 - 0.00
Net Nonoperating Obligations (NNO)		 4,223 21,168 4,652 4,754 4,584 5,557 5,121 4,227 3,787 - 3,878
Total Depreciation and Amortization (D&A)		 53 110 55 52 50 46 44 44 42 - 41
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $3.44 $0.88 $2.71 $2.69 $0.05 $0.13 $2.81 $2.97 $4.04 $1.25 $4.19
Adjusted Weighted Average Basic Shares Outstanding		 49.90M 49.80M 49.50M 49.60M 49.70M 49.60M 49M 46.70M 46.50M 46.80M 42.80M
Adjusted Diluted Earnings per Share		 $3.42 $0.88 $2.70 $2.66 $0.05 $0.08 $2.78 $2.94 $3.96 $1.21 $4.15
Adjusted Weighted Average Diluted Shares Outstanding		 50.10M 50M 49.70M 50.20M 51M 50.40M 49.60M 47.20M 47.50M 47.60M 43.20M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.88 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 49.33M 49.42M 49.58M 49.68M 49.72M 49.09M 46.55M 46.64M 45.66M 43.12M 40.41M
Normalized Net Operating Profit after Tax (NOPAT)		 173 27 135 133 28 -19 142 139 188 - 181
Normalized NOPAT Margin		 16.78% 1.31% 13.62% 14.16% 2.85% -2.04% 14.64% 14.96% 19.36% - 17.78%
Pre Tax Income Margin		 21.82% 1.87% 18.97% 19.17% 4.07% -2.92% 20.31% 18.73% 20.19% - 23.87%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 1.03 0.08 0.76 0.75 0.17 -0.12 0.88 0.79 0.93 - 1.26
NOPAT to Interest Expense		 1.58 0.19 0.54 0.55 0.01 -0.08 0.63 0.63 0.90 - 0.94
EBIT Less CapEx to Interest Expense		 1.03 0.08 0.76 0.75 0.17 -0.12 0.88 0.79 0.93 - 1.26
NOPAT Less CapEx to Interest Expense		 1.58 0.19 0.54 0.55 0.01 -0.08 0.63 0.63 0.90 - 0.94
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 7.95% 11.70% 10.58% 8.92% 13.42% 15.52% 15.66% 14.98% 8.88% - 7.84%
Augmented Payout Ratio		 14.42% 10.72% 22.17% 18.46% 16.93% 35.38% 67.97% 82.58% 58.35% - 72.55%

Financials Breakdown Chart

Key Financial Trends

Here are key trends for Bread Financial (BFH) based on the quarterly statements from 2022 through 2025. The focus is on the last four years, highlighting trends in cash flows, income statements, and balance sheets that may matter to retail investors.

  • Core revenue supported by net interest income: Net interest income remains the main driver of revenue, with quarterly net interest income around $0.99B–$1.05B in 2025, indicating a stable core lending/financing business.
  • Robust operating cash flow from continuing activities: Net cash from continuing operating activities ranges roughly $0.39B–$0.61B per quarter in 2025, signaling solid cash generation from core operations.
  • Strong liquidity position: Cash and cash equivalents have generally hovered in the $3.8B–$4.2B range over 2024–2025, providing a healthy liquidity cushion for funding needs and debt service.
  • Healthy capitalization: Total equity sits around $3.1B–$3.3B with a stable equity base, supporting balance-sheet resilience and capacity to absorb potential losses.
  • Consistent dividend per share: Cash dividends per share are maintained at $0.21, offering ongoing income to shareholders despite quarterly earnings variability.
  • Asset base relatively stable: Total assets trend around $21.7B–$22.4B across 2022–2025, with a modest downward drift from 2024 to 2025.
  • Loans and leases remain steady in size: Loans and Leases net of allowance run in the $15.6B–$15.9B range, suggesting a relatively stable loan portfolio rather than rapid growth or collapse.
  • Non-interest income shows volatility: Some quarters show negative Other Non-Interest Income or variability in non-interest income mix, contributing to earnings mix volatility.
  • Elevated credit losses persist in 2025: Provision for credit losses runs in the $274M–$373M range per quarter in 2025, signaling ongoing asset-quality exposure that weighs on earnings.
  • Quarterly earnings exhibit volatility: Net income to common shareholders swings across quarters (and between 2024 and 2025), raising questions about sustained near-term earnings quality.
05/21/26 08:50 PM ETAI Generated. May Contain Errors.

Bread Financial Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Bread Financial's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Bread Financial's net income appears to be on a downward trend, with a most recent value of $518 million in 2025, falling from $605.40 million in 2015. The previous period was $277 million in 2024. See Bread Financial's forecast for analyst expectations on what's next for the company.

Over the last 10 years, Bread Financial's total revenue changed from $6.11 billion in 2015 to $3.85 billion in 2025, a change of -37.1%.

Bread Financial's total liabilities were at $19.34 billion at the end of 2025, a 2.5% decrease from 2024, and a 4.1% decrease since 2015.

In the past 10 years, Bread Financial's cash and equivalents has ranged from $1.17 billion in 2015 to $4.19 billion in 2017, and is currently $3.60 billion as of their latest financial filing in 2025.


Related Companies

Financial statements for NYSE:BFH last updated on 5/3/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
From Our Partners
SpaceX eyes a 1.75 trillion valuation - here's what to know
Elon Musk's team has quietly filed confidential paperwork with the SEC for what Bloomberg estimates could be a...
Brownstone Research | Sponsoredtc pixel
$30 stock to buy before Starlink goes public (WATCH NOW!)
In the next 3 minutes… James Altucher – legendary investor and venture capitalist… And someone who’s kno...
Paradigm Press | Sponsoredtc pixel
Trump's gold order: the announcement they won't put on the front page
On August 15, 1971, Nixon interrupted prime-time television and ended the gold standard in 15 minutes - no deb...
Reagan Gold Group | Sponsoredtc pixel
My feud with Zohran Mamdani
Emmy-winning analyst releases his next big story Whitney Tilson shocked the nation on 60 Minutes when he ac...
Stansberry Research | Sponsoredtc pixel
Iran War Shock: What I Was Told In That Private Meeting
You’re Being LIED To About The Iran War Forget EVERYTHING you’ve heard about the Iran war. Especially th...
Banyan Hill Publishing | Sponsoredtc pixel
Your book attached
Bill Poulos is giving away his 'Safe Trade Options Formula' book for free - but only for a limited time throug...
Profits Run | Sponsoredtc pixel
SpaceX IPO hides a much bigger story
The SpaceX IPO could be the biggest in history at $1.75 trillion - but the real story isn't the IPO itself. ...
Weiss Ratings | Sponsoredtc pixel
Satellite Images Spot Potential $10 Trillion Discovery
'Dark Energy': Elon Musk's Next Potential $10 Trillion Move A highly secure site in West Texas now houses a...
Altimetry | Sponsoredtc pixel