Bread Financial Provides Performance Update for May 2026
Bread Financial reported May 2026 credit card and other loans of $18.36 billion, up 2.6% year-over-year from the average loan balance. Net principal losses improved to $108 million (6.98% rate) from $120 million (7.97% rate) a year earlier, reflecting better credit quality.
Key figures
- Average loans
- 18169000000
- Delinquency rate
- 5.24%
- End of period loans
- 18363000000
- Net principal losses
- 108000000
- Net principal loss rate
- 6.98%
- Average loans yoy change
- 2.6%
- Delinquencies 30 days plus
- 853000000
AI analysis
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