Bread Financial

Q3 FY2026 EarningsQ3 FY26 results beat consensus across key profitability metrics: GAAP EPS was $3.82 vs. $3.35 expected, and revenue reached $1,017M, slightly above the $1,015M consensus. Strong credit performance drove a lower-than-expected net loss rate (6.40%), leading management to improve full-year guidance to below 7.0%. Tangible book value per share grew 19% YoY to $66.95, while the company increased its quarterly dividend by 9% and repurchased $75M in stock, signaling robust capital health despite a 17% YoY decline in GAAP net income due to a prior-year discrete tax benefit.