An update from Bread Financial Holdings ( (BFH) ) is now available.
On March 5, 2025, Bread Financial Holdings announced a new share repurchase program authorized by its Board of Directors to buy back up to $150 million of its common stock, with no expiration date. Additionally, the company announced a private offering of fixed-rate reset subordinated notes, intending to lend at least $250 million of the net proceeds to Comenity Capital Bank and use the remaining for general corporate purposes. These initiatives aim to strengthen Bread Financial’s capital ratios and provide flexibility for future growth, impacting its market positioning and stakeholder interests.
More about Bread Financial Holdings
Bread Financial Holdings, Inc. is a tech-forward financial services company providing personalized payment, lending, and saving solutions to millions of U.S. consumers. The company offers general purpose credit cards, savings products, and private label and co-brand credit cards, serving industries such as travel, entertainment, health, beauty, jewelry, and specialty apparel. Headquartered in Columbus, Ohio, Bread Financial is committed to sustainable business practices and is supported by 6,000 global associates.
YTD Price Performance: -16.99%
Average Trading Volume: 704,116
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $2.48B
See more insights into BFH stock on TipRanks’ Stock Analysis page.