BFH raises loan growth outlook to low-to-mid single digits while forecasting a 7.0%-7.1% net loss rate for Q2 2026.
Bread Financial Holdings revised its loan growth outlook to low-to-mid single digits for Q2 2026, citing strong financial performance in the quarter. The company also projected a net loss rate of 7.0% to 7.1% for the period.
Management highlighted accelerating credit sales, continued loan and deposit growth, and improved credit performance as key drivers. Revenue and pre-provision net revenue (PPNR) also increased during the quarter.
The updated guidance reflects confidence in sustained momentum, though the net loss rate remains a closely watched metric for credit quality.