Bread Financial Q2 FY26 net income rises 5% to $146 million; revenue increases 7% to $993 million - BFH News | RalliesBread Financial Q2 FY26 net income rises 5% to $146 million; revenue increases 7% to $993 million
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BFH• Second-quarter results
- Bread Financial posted 2Q26 net income of $146 million, up 5% year over year; diluted EPS rose 21% to $3.55.
- Revenue increased 7% to $993 million on loan growth, pricing changes, lower interest expense, higher interchange and merchant fees.
- Credit sales climbed 11% to $7.5 billion; end-of-period loans rose 5% to $18.5 billion, supported by new partners and higher general-purpose spending.
Credit quality and outlook
- Credit quality improved, with the delinquency rate down 48 basis points to 5.25% and the net loss rate down 90 basis points to 6.98%.
- Bread Financial kept its 2026 outlook for average loans and revenue at up low- to mid-single digits; the net loss rate is seen at 7.0% to 7.1%.
