Bread Financial reports Q2 net income up 5% to $146M, raises full-year guidance

Filed July 23, 2026 · Period ending July 23, 2026 · ~1 min read

Key Changes

• high

  Q2 2026 net income of $146M, up 5% YoY; diluted EPS $3.55, up 21% on 14% lower share count from buybacks. Credit sales grew 11% to $7.5B driven by new partnerships and general-purpose spending.

  Exhibit 99.1 view on EDGAR →
• high

  Delinquency rate improved 48 bps to 5.25%; net loss rate down 90 bps to 6.98%. Company raised full-year net loss rate guidance to 7.0%–7.1% range, reflecting disciplined credit risk management.

  Exhibit 99.1 view on EDGAR →
• high

  Raised full-year 2026 outlook: average loan growth and total revenue growth now expected up low- to mid-single digits from 2025, improved from prior expectations.

  Exhibit 99.1 view on EDGAR →