Bread Financial falls on lower Q4 profit

Bread Financial Holdings

30/01/2025 13:21

** Credit card issuer Bread Financial  BFH.N  shares fall
~5.73% to $60 premarket 
    ** BFH reports Q4 net income of $7 mln, or 14 cents per
share, compared with $43 mln, or 87 cents per share, a year ago
    ** Co's net interest income — the difference between what
banks pay customers on deposits and earn as interest on loans —
fell 7.6% to 1.22 bln
    ** BFH stock was up ~85.37% in 2024

 (Reporting by Prakhar Srivastava in Bengaluru)
 ((Prakhar.srivastava2@thomsonreuters.com))