Bread Financial Holdings Inc

BFH: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$26.00	Rps	Wpghlslmd

Bread Financial Earnings: Sustained Revenue Growth Despite Asset Sales and Deleveraging

Michael Miller

Jul 27, 2023

No-moat-rated Bread Financial reported solid second-quarter earnings as the bank made meaningful improvements to its balance sheet. While year-over-year revenue growth was modest, mostly due to the sale of the BJ's Wholesale Club portfolio, the improvements Bread has made to its capital structure and funding sources made up for it.

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