Bread Financial Hits Day High with 8.31% Surge, Outperforming Market

3 hours ago
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Bread Financial Holdings, Inc. has shown notable stock performance today, significantly outperforming the S&P 500. The company has achieved substantial gains over the past week and month, alongside impressive year-over-year growth. Financial metrics indicate a strong position, with significant increases in both pre-tax and net profits.
Bread Financial Hits Day High with 8.31% Surge, Outperforming Market
Bread Financial Holdings, Inc. has experienced significant activity today, with the stock rising by 8.31% and reaching an intraday high of USD 79.51. This performance stands out against the S&P 500, which has only seen a modest increase of 0.69% on the same day.
Over the past week, Bread Financial has shown a solid gain of 5.68%, while its one-month performance reflects a robust increase of 12.95%. The company has also demonstrated impressive year-over-year growth, with a remarkable 47.07% rise compared to the S&P 500's 12.95%. Financial metrics indicate a strong position for Bread Financial, highlighted by a net interest margin of -5.48% and a return on assets (ROA) averaging 1.51%. The company reported a pre-tax profit of USD 174 million, marking a growth of 78.46%, and a net profit of USD 139 million, which has increased by 95.09%. With a market capitalization of USD 3,265 million, Bread Financial continues to show resilience in the regional banking sector.
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