Bread Financial's May Credit Quality Improves: Net Loss Rate Falls to 6.98%, Delinquencies Down
BFH sits 88% above its 52-week low of $50.63.
Summary
Bread Financial reported improved credit quality for May 2026, with the net principal loss rate decreasing to 6.98% from 7.97% in May 2025. The 30+ day delinquency rate also improved to 5.24% from 5.71% year-over-year, with end-of-period loans at $18.36 billion. This positive update on key credit metrics, which follows an 8-K filing, indicates better asset performance for the financial services company. Improved credit quality is a critical factor for lenders and supports the company's recent strong financial results and its stock trading near 52-week highs.
At the time of this announcement, BFH was trading at $94.98 on NYSE in the Finance sector, with a market capitalization of approximately $3.8B. The 52-week trading range was $50.63 to $99.13. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.