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Bread Financial Holdings BFH Debt issued by consolidated variable interest entities

Debt issued by consolidated variable interest entities at other companies

Equitable Holdings logo
Equitable HoldingsEQH
$367M-21.1%
Starwood Property Trust logo
Starwood Property TrustSTWD
$3.87M
Granite Point Mortgage Trust logo
Granite Point Mortgage TrustGPMT
$535.72M-30.7%
Equitable Holdings logo
Equitable HoldingsEQH
$367M-21.1%
Annaly Capital Management logo
Annaly Capital ManagementNLY
$30.72B+40.9%
Prudential Financial logo
Prudential FinancialPRU
$3.28B+128%

Other financials

Income statement

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Revenue$1.0B+4.9%
Gross profit$361.8M
Operating income$382.8M
Net income$181.0M+31.2%
EPS (diluted)$4.15+49.3%

Balance sheet

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Cash & equivalents$4.0B-6.6%
Total debt$85.0M-98.5%
Total equity$3.3B+8.4%
Total assets$22.3B-0.3%

Cash flow

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Operating cash flow$487.0M+23.9%
CapEx$15.0M-40.0%
Free cash flow$482.0M+55.5%

Valuation

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Market cap$4.14B+31.3%
P/E7.4×-3.9×
P/S1.1×+0.2×

Profitability

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Gross margin52%
Operating margin45.9%
Net margin14.4%+7.1pp
FCF margin46.5%+1.9pp

Returns & leverage

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Return on equity17.6%+8.4pp
Debt / equity-1.8×
Current ratio1.5×

Where this comes from

Reported directly by Bread Financial Holdings in its filing.

Tagged under the XBRL concept bfh:NonRecourseBorrowingsOfConsolidatedSecuritizationEntities.

The official record: Bread Financial Holdings’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Bread Financial Holdings's debt issued by consolidated variable interest entities?
Bread Financial Holdings (BFH) reported debt issued by consolidated variable interest entities of $3.04B in Q1 2026.
How has Bread Financial Holdings's debt issued by consolidated variable interest entities changed year-over-year?
Bread Financial Holdings's debt issued by consolidated variable interest entities decreased by 20.7% year-over-year, from $3.84B to $3.04B.
What is the long-term trend for Bread Financial Holdings's debt issued by consolidated variable interest entities?
Over 4 years (2021 to 2025), Bread Financial Holdings's debt issued by consolidated variable interest entities has grown at a -11.0% compound annual growth rate (CAGR), from $5.45B to $3.42B.
What does debt issued by consolidated variable interest entities mean?
This represents debt obligations issued by consolidated variable interest entities that are backed by specific pools of receivables. Because these borrowings are non-recourse to the parent company, they are primarily repaid through the cash flows generated by the underlying securitized assets. This metric is critical for understanding the company's off-balance sheet financing structure and the leverage associated with its securitization programs.