Bread Financial Q1 net income rises 32% to $181 million; EPS $4.15 vs. $2.78
Bread Financial reported first-quarter 2026 net income of $181 million, up 32% from a year earlier, and diluted earnings per share of $4.15 compared with $2.78. Revenue rose 5% to $1,018 million, and the company left its 2026 outlook unchanged. The board also declared a $0.23 quarterly common dividend and the company raised its stock repurchase authorization by $600 million, bringing the total available to $690 million at quarter-end.
Key points
- Net income of $181 million, up $43 million from $138 million; diluted EPS $4.15 vs. $2.78 a year earlier.
- Revenue of $1,018 million, up 5%; credit sales of $6.5 billion, up 7%.
- 2026 outlook unchanged, including a 2026 net loss rate expected in the range of 7.2% to 7.4%.
- Dividends payable June 15, 2026: $0.23 per common share and $21.56 per share of 8.625% preferred stock, to holders of record on May 29, 2026.
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 23, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.