Despite insider purchases, Bread Financial's long-term underperformance and declining EPS have made the market cautious. Its generous dividends have mitigated share price losses, contributing to a higher TSR.
CEO Ralph Andretta says they're proactively addressing regulatory changes ahead of the CFPB's final rule on credit card late fees. The company anticipates peak net loss rates in the first half of the year, with rates in the mid-to-high 8% range.
Despite Bread Financial Holdings' recent gains, shrinking earnings and low P/E are clouding its outlook. Investors see flat share prices ahead due to limited earnings improvement.
$Loyalty Ventures (LYLT.US)$So LYLT was a spin off of$Bread Financial (BFH.US)$(Comenity Bank) or World Capital Bank(World Financial Network Bank) in January 2022, where they raised $250 million from investors. Now LYLT is being bought out by$Bank of Montreal (BMO.US)$whose parent company is World Capital Bank(Bread Financial) and is owned by Blackrock and Vanguard. So basically they sold LYLT to investors for 250 million dollars and will now buy it back for 50 million. This w...
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Lane Lerche
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So is this a buy now or still going to dip more
Bread Financial Stock Forum
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