Bread Financial Holdings, Inc. (NYSE: BFH) issued a performance update for the period ended October 31, 2026, disclosing changes in its credit card and other loan metrics. The company reported that the end-of-period balance for credit card and other loans was $18,961 million, an increase from $17,694 million as of October 31, 2025.
For the month ended October 31, 2026, Bread Financial recorded net principal losses of $107 million. This resulted in a net principal loss rate of 6.69%, a decrease from the 7.50% rate reported for the same period in the prior year. The company noted a year-over-year change in average credit card and other loans of 6.9%.
Regarding delinquency, the company reported 30 days past due principal of $939 million as of October 31, 2026. This figure represents a delinquency rate of 5.64%, down from the 6.05% rate recorded as of October 31, 2025.
