Bread Financial Q2 FY26 diluted EPS climbs 21% to $3.55; revenue rises 7% to $993 million

• 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 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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bread Financial Holdings Inc. published the original content used to generate this news brief on July 23, 2026, and is solely responsible for the information contained therein.