Bread Financial Q2 net income rises 5% to $146 million; diluted EPS $3.55
Bread Financial reported second-quarter 2026 net income of $146 million, up 5% from $139 million a year earlier, and revenue of $993 million, up 7%. The company raised its full-year 2026 outlook for its net loss rate to 7.0% to 7.1%, and declared a $0.23 per share common dividend payable September 15, 2026.
Key points
- Diluted EPS was $3.55 versus $2.94 a year earlier; diluted weighted average shares fell to 40.7 million from 47.2 million.
- Revenue rose to $993 million from $929 million, and the provision for credit losses rose 14% to $313 million.
- The 2026 net loss rate outlook is now 7.0% to 7.1%; the company also expects low- to mid-single-digit growth in average loans and total revenue versus 2025.
- Common dividend of $0.23 per share is payable September 15, 2026 to holders of record August 31, 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 July 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.