What is the revenue and EPS growth rate for Bread Financial year over year?

What is Bread Financial's latest dividend and current dividend yield?

What were the key takeaways from Bread Financial’s earnings call?

What guidance did Bread Financial's management provide for the next earnings period?

What is the market's earnings forecast for Bread Financial next quarter?

Did Bread Financial beat or miss consensus estimates last quarter?

What factors drove the changes in Bread Financial's revenue and profit?

What were the key takeaways from Bread Financial's earnings call?

- **Revenue Growth & Shareholder Returns**: 5% YoY revenue growth to $6.8B, $200M share buyback authorization, and 10% dividend hike.
- **Credit Health & AI Efficiency**: 72% of new accounts at prime+, 200+ AI models driving 1%+ operating leverage, and 58% of cardholders at 660+ FICO scores.
- **Capital Strength**: CET1 ratio at 14.0%, up 70bps YoY, with $340M available for repurchases and 13-14% CET1 target range.
- **Macroeconomic Resilience**: Delinquency rate down 30bps QoQ, reserve rate up 20bps YoY, and 3.4% wage growth vs. 2.9% inflation.

**【CEO Summary Section】**
- Reported third-quarter revenue of $6.8 billion, up 5% year-over-year, driven by new brand partnerships and back-to-school spending.
- Emphasized disciplined underwriting with 72% of new accounts at prime or above, and a 10% increase in the quarterly dividend to $0.23 per share.
- Announced a $200 million share repurchase program, bringing total available repurchases to $340 million.
- Highlighted AI investments in operational efficiency, with 200+ machine learning models and 100+ processes automated via robotic process automation.

**【CFO Financial Commentary】**
- GAAP net income of $188 million, with adjusted non-GAAP EPS of $1.08 exceeding expectations.
- Total non-interest expenses decreased 1% year-over-year to $971 million, driven by cost control and operational excellence.
- Net loss rate of 7.4% remained stable, within the guided range of 7.8% to 7.9% for the full year.
- CET1 ratio improved to 14.0%, up 70 basis points year-over-year, reflecting capital optimization and risk management.
- Billed late fees declined 1% due to lower delinquencies, partially offsetting higher paper statement fees.

**【Q&A Key Highlights】**
- Credit metrics showed sequential improvement: delinquency rate down 30 basis points, reserve rate up 20 basis points year-over-year.
- Executives emphasized cautious optimism on consumer resilience, with 58% of cardholders now at 660+ FICO scores.
- Discussed AI's role in accelerating efficiency, with a focus on fast-following regulatory-compliant use cases.
- Highlighted home vertical growth, with 3 new brand partnerships announced, and 47% of deposits coming from direct-to-consumer channels.
- Warned of ongoing macroeconomic risks, including inflation and consumer sentiment, but noted wage growth outpacing inflation (3.4% vs. 2.9%).

Bread Financial Holdings, Inc. (BFH) Q3 2025 Earnings Call Transcript

Revenue

Sales and Services Revenue

Financing Services Revenue

Other Revenue

Cost of Revenue

Cost of Goods and Services

Cost of Financing Services

Other Cost

Gross Profit

Other Operating Income

Operating Expenses

Selling, General and Administrative Expenses

Selling and Marketing Expenses

General and Administrative Expenses

Research and Development Expenses

Loss on Bad Debts

Loss on Impairment of Other Assets

Loss on Disposal of Assets

Other Operating Expenses

Operating Income

Non-Operating Income (Loss)

Income (Loss) from Affiliates

Income (Loss) from Associates

Income (Loss) from Joint ventures

Gain (Loss) on Other Investment

Gain (Loss) on Change in Fair Value

Gain (Loss) on Foreign Currency Exchange

Other Non-Operating Income (Loss)

Net Interest Expense

Interest Expense

Interest Income

Pretax Income From Continuing Operations

Income Tax Expense

Current Income Tax

Deferred Income Tax

Income Tax Adjustments

Net Income from Continuing Operations

Income from Discontinued Operations

Other Items Before Net Income

Net Income

Net Income Attributable to Minority Interests

Net Income Attributable to Owners of the Company

Preferred Stock Dividends

Other Adjustments

Net Income Attributable to Common Stockholders

Other Comprehensive Income

Total Comprehensive Income

Total Comprehensive Income Attributable to Minority Interests

Total Comprehensive Income Attributable to Owners of the Company

Basic EPS

Basic EPS from Continuing Operations

Basic EPS from Discontinued Operations

Diluted EPS

Diluted EPS from Continuing Operations

Diluted EPS from Discontinued Operations

BFH

BFH fundamentals

You can ask Aime