Bread Financial Q2 FY26 diluted EPS climbs 21% to $3.55; revenue rises 7% to $993 million - BFH News | RalliesBread Financial Q2 FY26 diluted EPS climbs 21% to $3.55; revenue rises 7% to $993 million
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BFH• Q2 results
- Bread Financial posted Q2 net income of $146 million, up 5% year over year; diluted EPS climbed 21% to $3.55.
- Revenue rose 7% to $993 million, on loan growth, pricing changes, lower interest expense, higher interchange and merchant fees; billed late fees fell.
- Credit sales increased 11% to $7.5 billion; end-of-period credit card and other loans grew 5% to $18.5 billion.
Credit performance and capital actions
- Credit performance improved, with the delinquency rate down 48 basis points to 5.25% and the net loss rate down 90 basis points to 6.98%.
- Raised 2026 net loss rate outlook to 7.0%-7.1%; issued $135 million of 8.875% preferred shares, repurchased $241 million of common stock.
