Bread Financial

Bread Financial has announced the long-term extension of its credit services agreement with Signet Jewelers. The renewed partnership covers credit programs for Signet’s brand portfolio (including KAY, Zales and Jared) and will, beginning this fall, also include credit services for online retailer Blue Nile. Both companies plan to focus on technological enhancements, data-driven marketing analytics and expanded credit capabilities. Financial terms of the agreement were not disclosed. » Mere på de.investing.com

Bread Financial's shares gained after Wolfe Research raised its rating from "Peerperform" to "Outperform" and set a $130 price target. Wolfe cited improved credit quality, declining delinquencies and expected accelerated loan growth with controlled costs as reasons. Bread Financial had already beaten expectations in Q2/2026 with diluted earnings per share of $3.55 and revenue of $993 million. The re-rating is driven more by expected earnings growth than by pure multiple expansion and highlights the remaining upside potential. » Mere på de.investing.com

Bread Financial shares rose to a 52‑week high of $114.53 and are currently trading just below that level. Over the past year the stock gained about 87% (InvestingPro: 92% actual one‑year return) and is trading at a P/E ratio of 8.89. For Q2 2026 the company reported diluted earnings of $3.55 per share and revenue of $993 million, both above consensus estimates, supported by higher loan sales, loan balances and improved credit performance. InvestingPro shows several upward revisions to earnings estimates but also notes that the stock may be overvalued according to fair‑value analysis. » Mere på de.investing.com