Bread Financial Holdings, Inc. (BFH) is currently priced at $101.89, marking a 0.256% increase from the previous close of $101.63. Today's trading volume stands at $274,816, 34.97% above the average. Notable resilience is observed in BFH's performance.
BFH has maintained an impressive streak, with five consecutive days of positive price behavior. The price soared by $10.78, representing an 11.83% increase, starting at $91.11.
BFH's latest quarterly earnings report, released on Wednesday, April 22nd, exceeded expectations with an EPS of $3.01. The company continues to showcase strong financial performance.
With a forward dividend yield of 0.903% and a dividend per share of 23 cents TTM, BFH demonstrates a commitment to rewarding investors.
Bank of America Securities recently upgraded BFH from "Buy" to "Hold," reflecting positive market sentiment towards the company.
BFH maintains a healthy cash flow position, with a net change of $329 million, ending the period with $3.96 billion in cash.
BFH reported a net income of $181 million, translating to an EPS of $4.18. The company's profitability remains robust.
Key ratios indicate BFH's solid financial standing, with a gross profit margin of 59.04% and a return on equity of 5.44, showcasing efficient operations.
BFH's balance sheet reveals total assets of $22.31 billion and total liabilities of $18.98 billion, indicating a strong financial foundation.
This comprehensive analysis underscores BFH's resilience and positive performance trends in the current market environment.
Bread Financial Holdings, Inc. provides tech-forward payment and lending solutions to customers and consumer-based industries in North America. It offers credit card and other loans financing services, including risk management solutions, account origination, and funding services for approximately 130 private label and co-brand credit card programs, as well as through Bread partnerships to approximately 500 small-and medium-sized businesses merchants; and Comenity-branded general purpose cash-back credit. The company also manages and services the loans it originates for private label, co-brand, and general-purpose credit card programs and Bread BNPL (installment loans, split-pay) products; and provides marketing, and data and analytics services. In addition, it offers an enhanced digital suite that includes a unified software development kit, which provides access to its suite of products, as well as promotes credit payment options earlier in the shopping experience. Further, the company through Bread, a digital payments platform and robust suite of application programming interfaces allows merchants and partners to integrate online point-of-sale financing and other digital payment products, including installment and split-pay solutions. The company was formerly known as Alliance Data Systems Corporation and changed its name to Bread Financial Holdings, Inc. in March 2022. Bread Financial Holdings, Inc. was founded in 1996 and is headquartered in Columbus, Ohio.