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Cash Flow Overview

Unit: Million (M) dollars
Positive Cash Flow Breakdown
    • Net increase in deposits
    • Proceeds from sales and paydowns...
    • Provision for credit losses
    • Others
Negative Cash Flow Breakdown
    • Repayments/maturities of debt is...
    • Change in credit card and other ...
    • Originations of loans held-for-s...
    • Others
Cash Flow
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Net income
147
181
54
188
Provision for credit losses
313
303
373
299
Depreciation and amortization
18
19
19
19
Deferred income taxes
-4
12
-5
78
Non-cash stock-based compensation
16
15
15
13
Amortization of deferred financing costs
4
4
4
4
Amortization of deferred origination costs
18
18
18
19
Gain on portfolio sale
-
-
0
3
Originations of loans held-for-sale
387
-
-
-
Loss on debt extinguishment and repurchased convertible notes
-
-
-
-19
Loss on debt extinguishment
-
-
-74
-
Proceeds from sales and paydowns of loans held-for-sale
370
-
-
-
Change in other assets
-4
-11
-4
0
Change in other liabilities
38
-84
35
-13
Other
-4
8
-4
-18
Net cash provided by operating activities
533
487
568
605
Change in credit card and other loans
671
-328
1,501
331
Proceeds from sale of credit card loan portfolios
-
-
0
0
Purchases of credit card loan portfolios
-
-
0
0
Purchases of investments
2
8
2
5
Maturities of investments
5
4
4
6
Other, including capital expenditures
4
7
4
8
Net cash (used in) provided by investing activities
-672
317
-1,503
-338
Unsecured borrowings under debt agreements
0
0
500
0
Repayments/maturities of unsecured borrowings under debt agreements
0
51
767
40
Debt issued by consolidated variable interest entities
125
25
900
25
Repayments/maturities of debt issued by consolidated variable interest entities
719
407
160
433
Net increase in deposits
658
157
381
196
Payment of deferred financing costs
1
0
11
3
Dividends paid
-
-
-
9
Net proceeds from the issuance of preferred stock
130
-
71
-
Repurchases of common stock
243
153
123
40
Dividends and dividend equivalent rights paid
11
14
42
-
Payment of capped call transactions
-
-
0
-
Other
2
-32
4
-2
Net cash used in financing activities
-59
-475
784
-306
Change in cash, cash equivalents and restricted cash
-198
329
-151
-39
Cash, cash equivalents and restricted cash at beginning of period
3,957
3,628
3,779
3,714
Cash, cash equivalents and restricted cash at end of period
3,759
3,957
3,628
3,779
Unit: Million (M) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Cash Flow

Proceeds from sales andpaydowns of loans...$370M Provision for creditlosses$313M (-45.09%↓ Y/Y)Net income$147M (-46.74%↓ Y/Y)Change in otherliabilities$38M (132.20%↑ Y/Y)Amortization of deferredorigination costs$18M (-52.63%↓ Y/Y)Depreciation andamortization$18M (-57.14%↓ Y/Y)Non-cash stock-basedcompensation$16M (-42.86%↓ Y/Y)Change in other assets-$4M (92.45%↑ Y/Y)Amortization of deferredfinancing costs$4M (-50.00%↓ Y/Y)Net cash provided byoperating activities$533M (-42.00%↓ Y/Y)Canceled cashflow$395M Change in cash, cashequivalents and restricted...-$198M (-290.38%↓ Y/Y)Canceled cashflow$533M Maturities of investments$5M (-50.00%↓ Y/Y)Net increase indeposits$658M (155.04%↑ Y/Y)Net proceeds fromthe issuance of...$130M Debt issued byconsolidated variable...$125M Other$2M (110.53%↑ Y/Y)Originations of loansheld-for-sale$387M Other-$4M (-180.00%↓ Y/Y)Deferred income taxes-$4M (-123.53%↓ Y/Y)Net cash (used in)provided by investing...-$672M (-242.98%↓ Y/Y)Canceled cashflow$5M Net cash used infinancing activities-$59M (95.41%↑ Y/Y)Canceled cashflow$915M Change in credit cardand other loans$671M (237.78%↑ Y/Y)Other, includingcapital expenditures$4M (-66.67%↓ Y/Y)Purchases of investments$2M (-86.67%↓ Y/Y)Repayments/maturities of debt issued byconsolidated variable...$719M (-51.09%↓ Y/Y)Repurchases of common stock$243M (62.00%↑ Y/Y)Dividends and dividendequivalent rights paid$11M Payment of deferredfinancing costs$1M (-90.00%↓ Y/Y)

BREAD FINANCIAL HOLDINGS, INC. (BFH)

BREAD FINANCIAL HOLDINGS, INC. (BFH)