tiprankstipranks

Bread Financial reports February net loss rate 8.6% vs. 8.9% last year

Bread Financial reports February net loss rate 8.6% vs. 8.9% last year

Reports End-of-period credit card and other loans $17.9B vs. $18.4B last year; Average credit card and other loans $18.1B vs. $18.5B last year; Net principal losses $120M vs. $131M last year; delinquency rate 6.2% vs. 6.7% last year.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Questions or Comments about the article? Write to editor@tipranks.com