Bread Financial Q3 net income falls 17% year over year to $156 million
BFH•Bread Financial’s third-quarter 2026 net income fell 17% to $156 million, while revenue rose 5% to $1.02 billion. The company lowered its full-year net loss rate guidance to below 7%.
1. Quarterly results
Bread Financial reported third-quarter 2026 net income of $156 million, down 17% year over year. Revenue rose 5% to $1.02 billion, and average loans increased 6% to $18.6 billion.
2. Deposits and outlook
Quarter-end consumer deposits climbed 21% year over year to $9.9 billion. The quarterly common stock dividend increased 9% from the prior quarter to $0.25 per share. The net loss rate improved to 6.4%, and full-year 2026 guidance was lowered to below 7%.
