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 $250 million from investors. Now LYLT is being bought out by$蒙特利爾銀行(BMO.US)$whose parent company is World Capital Bank(Bread Financial) and is owned by Blackrock and Vanguard. So basically they sold LYLT to investors for 250 million dollars and will now buy it back for 50 million. This w...
Gainers: •$National Vision(EYE.US)$+13.8% (appointed to join S&P SmallCap 600) •$Braze(BRZE.US)$+12.2% (In reaction to earnings/guidance) •$甲骨文(ORCL.US)$+11.7% (In reaction to earnings/guidance) •$TeraWulf(WULF.US)$+7.5% (announced recent financing actions and near-term ramp of digital infrastructure) •$大陸能源(CLR.US)$+7.5% (announces receipt of "take private" proposal from Hamm Family of $70/share) •...
Bread Financial股票討論區
營收純粹靠淨利息收入,絕大部分是貸款利息收入,非利息部分都是支出,信貸損失準備金波動很大,2021年的淨利潤暴增主要是準備金比平時少了近10億,否則2021年可能就虧損了。
近4年平均淨利潤3.8億。
近4年資產負債率從94%下降到91.1%,254億總資產主要由189億貸款淨額和39億現金組成,231億總負債主要由138億客戶存款和81億長期借款組成。39億現金對138億存款有一定的擠兌風險。
目前市盈率6.6,市淨率0.65,但是商譽和其他無形資產8億,佔淨資產22.65億的35%,刨除掉後市淨率爲1,低估不多,吸引力不大。
First Republic Bank
The financial markets go down the rabbit hole...
A bunch of Cons
專欄Today's pre-market stock movers: ORCL, CLR, NOK, GRPN and more
• $National Vision(EYE.US)$ +13.8% (appointed to join S&P SmallCap 600)
• $Braze(BRZE.US)$ +12.2% (In reaction to earnings/guidance)
• $甲骨文(ORCL.US)$ +11.7% (In reaction to earnings/guidance)
• $TeraWulf(WULF.US)$ +7.5% (announced recent financing actions and near-term ramp of digital infrastructure)
• $大陸能源(CLR.US)$ +7.5% (announces receipt of "take private" proposal from Hamm Family of $70/share)
•...
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