Bread Financial Holdings, Inc. (FRA:LID)

Bread Financial Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	4,739	4,820	4,961	4,615	3,861
Interest Income on Investments	173	204	184	69	7
Total Interest Income	4,912	5,024	5,145	4,684	3,868
Interest Paid on Deposits	554	608	541	243	167
Interest Paid on Borrowings	300	352	338	260	216
Total Interest Expense	854	960	879	503	383
Net Interest Income	4,058	4,064	4,266	4,181	3,485
Net Interest Income Growth (YoY)	-0.15%	-4.74%	2.03%	19.97%	0.93%
Gain (Loss) on Sale of Assets	3	11	230	-	10
Gain (Loss) on Sale of Investments	-	-	-6	-44	2
Other Non-Interest Income	-216	-237	-201	-311	-225
Total Non-Interest Income	-213	-226	23	-355	-213
Revenues Before Loan Losses	3,845	3,838	4,289	3,826	3,272
Provision for Loan Losses	1,242	1,397	1,229	1,594	544
Revenue	2,603	2,441	3,060	2,232	2,728
Revenue Growth (YoY)	6.64%	-20.23%	37.10%	-18.18%	34.25%
Salaries and Employee Benefits	880	843	823	746	642
Occupancy Expenses	80	90	116	113	92
Selling, General & Administrative	458	523	528	510	431
Other Non-Interest Expense	570	497	625	563	519
Total Non-Interest Expense	1,988	1,953	2,092	1,932	1,684
EBT Excluding Unusual Items	615	488	968	300	1,044
Other Unusual Items	-	-107	-	-	-
Pretax Income	615	381	968	300	1,044
Income Tax Expense	94	102	231	76	247
Earnings From Continuing Operations	521	279	737	224	797
Earnings From Discontinued Operations	-3	-2	-19	-1	4
Net Income	518	277	718	223	801
Net Income to Common	518	277	718	223	801
Net Income Growth	87.00%	-61.42%	221.97%	-72.16%	274.30%
Basic Shares Outstanding	47	50	50	50	50
Diluted Shares Outstanding	48	50	50	50	50
Shares Change (YoY)	-5.56%	0.80%	-	-	4.38%
EPS (Basic)	11.07	5.58	14.42	4.47	16.12
EPS (Diluted)	10.90	5.50	14.36	4.45	16.03
EPS Growth	98.11%	-61.70%	222.70%	-72.24%	258.19%
Dividend Per Share	0.860	0.840	0.840	0.840	0.840
Dividend Growth	2.38%	-	-	-	-33.33%
Effective Tax Rate	15.29%	26.77%	23.86%	25.33%	23.66%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.