Bread Financial
About: Formed by a combination of JCPenney's credit card processing unit and The Limited's credit card bank business, Bread Financial is a provider of private-label and co-branded credit cards, loyalty programs, and marketing services. The company's most financially significant unit is its credit card business that partners with retailers to jointly market Bread's credit cards to their customers. The company also retains a minority interest in spun-off LoyaltyOne, which operates the largest airline miles loyalty program in Canada and offers marketing services to grocery chains in Europe and Asia.
Employees: 6,000
0
Funds holding %
of 7,363 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
24% more capital invested
Capital invested by funds: $2.4B [Q3] → $2.99B (+$582M) [Q4]
15% more call options, than puts
Call options by funds: $10.4M | Put options by funds: $9.06M
0% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 47
1% less funds holding
Funds holding: 324 [Q3] → 320 (-4) [Q4]
3.24% less ownership
Funds ownership: 101.58% [Q3] → 98.34% (-3.24%) [Q4]
15% less repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 123
17% less funds holding in top 10
Funds holding in top 10: 6 [Q3] → 5 (-1) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$53
14%
upside
Avg. target
$69
49%
upside
High target
$87
87%
upside
3 analyst ratings
1 positive
33%
1 neutral
33%
1 negative
33%
RBC Capital Karl Shepard 0% 1-year accuracy 0 / 5 met price target | 46%upside $68 | Sector Perform Maintained | 31 Jan 2025 |
Barclays Terry Ma 52% 1-year accuracy 11 / 21 met price target | 14%upside $53 | Underweight Maintained | 31 Jan 2025 |
Compass Point David Rochester 42% 1-year accuracy 10 / 24 met price target | 87%upside $87 | Buy Maintained | 21 Jan 2025 |
Financial journalist opinion
Based on 6 articles about BFH published over the past 30 days
Neutral
GlobeNewsWire
5 days ago
Bread Financial Announces Pricing of Private Offering of $400 million of Subordinated Notes
COLUMBUS, Ohio, March 05, 2025 (GLOBE NEWSWIRE) -- Bread Financial® Holdings, Inc. (NYSE: BFH) (“Bread Financial” or the “Company”) announced today the pricing of its previously announced offering of $400 million in aggregate principal amount of its 8.375% fixed-rate reset subordinated notes due 2035 (the “Notes”), in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The Notes will be sold at a price of 100% of the principal amount thereof. The closing of the issuance of the Notes is expected to occur on March 10, 2025, subject to customary closing conditions, and is expected to result in approximately $395 million in net proceeds to the Company, after deducting the initial purchasers' discount but before the Company's estimated offering expenses.
Neutral
GlobeNewsWire
5 days ago
Bread Financial Announces Approval of $150 Million Share Repurchase Program
COLUMBUS, Ohio, March 05, 2025 (GLOBE NEWSWIRE) -- Bread Financial® Holdings, Inc. (NYSE: BFH) (“Bread Financial” or the “Company”) today announced that its Board of Directors (the “Board”) has authorized a new plan to repurchase up to $150 million of shares of its common stock. There is no expiration date for the repurchase plan.
Neutral
GlobeNewsWire
5 days ago
Bread Financial Announces Private Offering of Subordinated Notes
COLUMBUS, Ohio, March 05, 2025 (GLOBE NEWSWIRE) -- Bread Financial® Holdings, Inc. (NYSE: BFH) (“Bread Financial” or the “Company”) announced today that it intends to offer, subject to market and other conditions, $400 million aggregate principal amount of fixed-rate reset subordinated notes (the “Notes”) in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”).
Negative
Investors Business Daily
1 week ago
Do You Own 15 Stocks Morningstar Calls The Top 'Wealth Destroyers?'
The S&P 500 can generate massive wealth. But stocks can decimate portfolio values, too.
Neutral
GlobeNewsWire
1 week ago
Bread Financial to Participate in the 2025 RBCCM Global Financial Institutions Conference
COLUMBUS, Ohio, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Bread Financial® Holdings, Inc. (NYSE: BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions, today announced the company's participation in the 2025 RBCCM Global Financial Institutions Conference on Tuesday, March 4.
Neutral
GlobeNewsWire
3 weeks ago
Bread Financial Provides Performance Update for January 2025
COLUMBUS, Ohio, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Bread Financial ® Holdings, Inc. (NYSE: BFH), a tech-forward financial services company that provides simple, personalized payment, lending, and saving solutions to millions of U.S. consumers, provided a performance update. The following tables present the Company's net loss rate and delinquency rate for the periods indicated:
Neutral
GlobeNewsWire
1 month ago
ChargeAfter Teams Up with Bread Financial to Offer Flexible Payment Options through its Embedded Lending Network
NEW YORK, Feb. 05, 2025 (GLOBE NEWSWIRE) -- With the addition of Bread Pay® pay-over-time options to its network of lenders, ChargeAfter enables merchants to provide qualified customers with instant access to its installment programs.
Neutral
GlobeNewsWire
1 month ago
Bread Financial to Participate in the BofA Securities 2025 Financial Services Conference
COLUMBUS, Ohio, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Bread Financial ® Holdings, Inc. (NYSE: BFH), a tech-forward financial services company that provides simple, personalized payment, lending and saving solutions to millions of U.S consumers, today announced the company's participation in the BofA Securities 2025 Financial Services Conference on Tuesday, Feb. 11.
Neutral
Zacks Investment Research
1 month ago
Bread Financial Q4 Earnings Top Estimates, Credit Sales Rise
BFH's fourth-quarter results reflect higher credit sales but lower average loans. Revenues decline as total interest income decreases.
Neutral
Seeking Alpha
1 month ago
Bread Financial Holdings, Inc. (BFH) Q4 2024 Earnings Call Transcript
Bread Financial Holdings, Inc. (NYSE:BFH ) Q4 2024 Earnings Conference Call January 30, 2025 8:30 AM ET Company Participants Brian Vereb – Head-Investor Relations Ralph Andretta – President and Chief Executive Officer Perry Beberman – Executive Vice President and Chief Financial Officer Conference Call Participants Sanjay Sakhrani – KBW Vincent Caintic – BTIG Jeff Adelson – Morgan Stanley John Pancari – Evercore ISI Bill Carache – Wolfe Research Moshe Orenbuch – TD Cowen Mihir Bhatia – Bank of America Terry Ma – Barclays Dominick Gabriele – Compass Point Reggie Smith – JPMorgan Operator Thank you for standing by, and welcome to the Bread Financial Fourth Quarter and Full Year 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Charts implemented using Lightweight Charts™