Bread Financial Provides Performance Update for February 2025

Company Performance Update - Bread Financial Holdings, Inc. reported a net loss rate of 8.6% for February 2025, a slight improvement from 8.9% in February 2024 [1] - The average credit card and other loans decreased by 2% year-over-year, from $18,541 million in February 2024 to$18,141 million in February 2025 [1] - Net principal losses for February 2025 were $120 million, compared to$131 million in February 2024 [1] Delinquency Rates - The delinquency rate as of February 28, 2025, was 6.2%, down from 6.7% in February 2024 [1] - The total amount of 30 days or more delinquencies in principal was $1,027 million as of February 28, 2025, compared to$1,130 million as of February 29, 2024 [1] Company Overview - Bread Financial is a tech-forward financial services company that offers personalized payment, lending, and saving solutions to millions of U.S. consumers [2] - The company provides general purpose credit cards and savings products, as well as private label and co-brand credit cards, enhancing customer experience in various sectors including travel, health, and specialty apparel [2]