Last 7 days
4.8%
Last 30 days
8.8%
Last 90 days
-14.7%
Trailing 12 Months
-18%
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 5.0B | 5.1B | 5.2B | 0 |
2022 | 4.0B | 4.2B | 4.4B | 4.7B |
2021 | 4.1B | 4.0B | 4.0B | 3.9B |
2020 | 5.6B | 5.3B | 4.9B | 4.5B |
2019 | 5.6B | 5.6B | 5.6B | 5.6B |
2018 | 4.5B | 4.9B | 5.3B | 5.7B |
2017 | 7.3B | 7.4B | 7.4B | 4.2B |
2016 | 6.5B | 6.8B | 7.1B | 7.1B |
2015 | 5.7B | 5.9B | 6.2B | 6.4B |
2014 | 4.5B | 4.7B | 5.0B | 5.3B |
2013 | 3.8B | 4.0B | 4.1B | 4.3B |
2012 | 3.3B | 3.5B | 3.5B | 3.6B |
2011 | 2.9B | 2.9B | 3.1B | 3.2B |
2010 | 0 | 0 | 0 | 2.8B |
2009 | 0 | 0 | 0 | 0 |
2008 | 0 | 0 | 0 | 2.0B |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Dec 07, 2023 | turtle creek asset management inc. | sold | -45,680 | 30.5146 | -1,497 | - |
Dec 07, 2023 | turtle creek asset management inc. | sold | -61,212 | 30.5147 | -2,006 | - |
Dec 07, 2023 | turtle creek asset management inc. | sold | -655,972 | 30.5146 | -21,497 | - |
Dec 06, 2023 | turtle creek asset management inc. | sold | -764,716 | 29.6459 | -25,795 | - |
Dec 06, 2023 | turtle creek asset management inc. | sold | -53,273 | 29.6459 | -1,797 | - |
Dec 06, 2023 | turtle creek asset management inc. | sold | -71,387 | 29.6459 | -2,408 | - |
Dec 05, 2023 | turtle creek asset management inc. | sold | -46,511 | 28.9791 | -1,605 | - |
Dec 05, 2023 | turtle creek asset management inc. | sold | -34,717 | 28.9791 | -1,198 | - |
Dec 05, 2023 | turtle creek asset management inc. | sold | -498,354 | 28.9791 | -17,197 | - |
Oct 16, 2023 | gerspach john c | acquired | - | - | 1,033 | - |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Dec 07, 2023 | Hudson Bay Capital Management LP | added | 176 | 8,231,300 | 12,312,000 | 0.05% |
Dec 06, 2023 | CITIGROUP INC | reduced | -44.26 | -773,311 | 1,195,940 | -% |
Dec 06, 2023 | Raleigh Capital Management Inc. | added | 0.57 | 1,594 | 18,199 | 0.01% |
Dec 01, 2023 | B. Riley Wealth Advisors, Inc. | sold off | -100 | -305,958 | - | -% |
Nov 24, 2023 | DEUTSCHE BANK AG\ | added | 586 | 21,111,600 | 24,369,800 | 0.02% |
Nov 22, 2023 | Graham Capital Management, L.P. | reduced | -71.46 | -1,324,770 | 597,679 | 0.01% |
Nov 22, 2023 | KBC Group NV | unchanged | - | - | 127,000 | -% |
Nov 22, 2023 | Public Sector Pension Investment Board | reduced | -30.22 | -669,581 | 2,123,000 | 0.01% |
Nov 21, 2023 | COMERICA BANK | added | 155 | 863,232 | 873,232 | -% |
Nov 17, 2023 | JACOBS LEVY EQUITY MANAGEMENT, INC | new | - | 13,686,800 | 13,686,800 | 0.08% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Jun 12, 2023 | turtle creek asset management inc. | 11.6% | 5,797,961 | SC 13G/A | |
Feb 14, 2023 | turtle creek asset management inc. | 8.6% | 4,266,381 | SC 13G | |
Feb 10, 2023 | southpoint capital advisors lp | 0% | 0 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 11.59% | 5,777,098 | SC 13G/A | |
Feb 09, 2023 | fmr llc | - | 0 | SC 13G | |
Jan 30, 2023 | franklin mutual advisers llc | 5.7% | 2,844,541 | SC 13G/A | |
Jan 24, 2023 | blackrock inc. | 9.7% | 4,851,523 | SC 13G/A | |
Nov 10, 2022 | vanguard group inc | 10.06% | 5,012,017 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Dec 07, 2023 | 4 | Insider Trading | |
Dec 06, 2023 | 8-K | Current Report | |
Nov 21, 2023 | 4/A | Insider Trading | |
Nov 14, 2023 | 8-K | Current Report | |
Oct 26, 2023 | 8-K | Current Report | |
Oct 26, 2023 | 8-K | Current Report | |
Oct 26, 2023 | 10-Q | Quarterly Report | |
Oct 18, 2023 | 4 | Insider Trading | |
Oct 18, 2023 | 4 | Insider Trading | |
Sep 12, 2023 | 8-K | Current Report |
Income Statement (Quarterly) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Revenue | 8.7% | 1,301,000,000 | 1,197,000,000 | 1,335,000,000 | 1,325,000,000 | 1,218,000,000 | 1,073,000,000 | 1,068,000,000 | 1,017,000,000 | 994,000,000 | 915,000,000 | 942,000,000 | 1,109,800,000 | 1,050,500,000 | 979,300,000 | 1,381,800,000 | 1,461,000,000 | 1,437,600,000 | 1,348,500,000 | 1,334,200,000 | 1,464,600,000 | 1,423,100,000 |
Cost Of Revenue | - | - | - | - | - | - | - | - | - | 489,200,000 | 494,500,000 | 497,500,000 | 602,600,000 | 482,700,000 | 492,800,000 | 499,200,000 | 705,100,000 | 687,500,000 | 654,800,000 | 640,500,000 | 697,850,000 | 654,000,000 |
Costs and Expenses | - | - | - | - | - | - | - | - | - | 716,500,000 | 539,100,000 | 581,800,000 | 851,100,000 | 759,500,000 | 804,600,000 | 1,217,800,000 | 1,152,000,000 | 1,133,400,000 | 1,011,200,000 | 977,300,000 | 956,000,000 | 943,400,000 |
S&GA Expenses | - | - | - | - | - | - | - | - | - | 34,500,000 | 27,200,000 | 16,900,000 | 32,450,000 | 29,000,000 | 20,400,000 | 23,900,000 | 23,200,000 | 31,800,000 | 57,300,000 | 38,300,000 | 41,200,000 | 43,600,000 |
EBITDA Margin | -1.1% | 1.01 | 1.02 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Interest Expenses | 9.1% | 1,082,000,000 | 992,000,000 | 1,117,000,000 | 1,129,500,000 | 1,085,000,000 | 978,000,000 | 989,000,000 | 932,000,000 | 903,000,000 | 815,000,000 | 835,000,000 | 112,500,000 | 115,100,000 | 127,700,000 | 138,600,000 | 141,600,000 | 140,000,000 | 143,500,000 | 143,900,000 | 144,700,000 | 136,800,000 |
Income Taxes | 136.4% | 52,000,000 | 22,000,000 | 183,000,000 | -74,000,000 | 55,000,000 | 4,000,000 | 91,000,000 | 4,000,000 | 53,000,000 | 91,000,000 | 99,000,000 | 52,900,000 | 42,600,000 | 8,600,000 | -4,600,000 | 37,000,000 | 42,600,000 | 51,400,000 | 34,800,000 | 110,700,000 | 54,300,000 |
Earnings Before Taxes | 161.6% | 225,000,000 | 86,000,000 | 638,000,000 | -207,500,000 | 189,000,000 | 16,000,000 | 302,000,000 | 64,000,000 | 259,000,000 | 354,000,000 | 367,000,000 | 146,200,000 | 175,900,000 | 47,000,000 | 25,400,000 | 167,400,000 | 164,200,000 | 193,800,000 | 213,000,000 | 363,800,000 | 343,000,000 |
EBT Margin | 3.4% | 0.14 | 0.14 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Net Income | 256.3% | 171,000,000 | 48,000,000 | 455,000,000 | -133,500,000 | 134,000,000 | 12,000,000 | 210,000,000 | 17,500,000 | 224,000,000 | 274,000,000 | 286,000,000 | 12,000,000 | 133,300,000 | 38,400,000 | 30,000,000 | 97,500,000 | -107,600,000 | 139,000,000 | 149,100,000 | 284,900,000 | 296,500,000 |
Net Income Margin | 5.6% | 0.10 | 0.10 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Free Cashflow | 83.4% | 629,000,000 | 343,000,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Assets | 0.0% | 21,608 | 21,609 | 21,970 | 25,407 | 21,960 | 21,811 | 20,938 | 21,746 | 22,257 | 21,812 | 21,163 | 22,547 | 21,113 | 22,867 | 24,235 | 26,495 | 27,158 | 30,740 | 29,433 | 30,388 | 29,763 |
Current Assets | - | - | - | - | - | - | - | - | - | 19,387 | 18,908 | 18,295 | 19,634 | 18,661 | 20,644 | 21,704 | 24,113 | 24,784 | 28,274 | 27,036 | 24,712 | 23,956 |
Cash Equivalents | 1.7% | 3,380 | 3,325 | 3,611 | 3,891 | 3,583 | 3,111 | 2,930 | 3,923 | 2,964 | 2,788 | 2,634 | 3,463 | 3,751 | 5,451 | 4,766 | 3,958 | 5,052 | 4,155 | 3,816 | 3,968 | 3,970 |
Inventory | - | - | - | - | - | - | - | - | - | 192 | 162 | 146 | 164 | 203 | 194 | 189 | 218 | 250 | 244 | 242 | 248 | 266 |
Net PPE | -1.2% | 160 | 162 | 180 | 195 | 204 | 219 | 220 | 215 | 292 | 295 | 296 | 213 | 252 | 256 | 263 | 282 | 287 | 285 | 290 | 288 | 610 |
Goodwill | - | - | - | - | - | - | - | - | - | 1,343 | 1,359 | 1,351 | 1,370 | 969 | 944 | 929 | 955 | 937 | 960 | 950 | 955 | 3,857 |
Liabilities | -0.7% | 18,744 | 18,873 | 19,254 | 23,142 | 19,561 | 19,536 | 18,670 | 19,660 | 20,012 | 19,765 | 19,399 | 21,025 | 19,790 | 21,713 | 23,147 | 24,907 | 25,661 | 28,348 | 27,194 | 28,056 | 27,472 |
Current Liabilities | - | - | - | - | - | - | - | - | - | 12,934 | 10,570 | 10,740 | 10,422 | 10,741 | 11,378 | 10,752 | 11,872 | 11,812 | 10,607 | 10,597 | 11,484 | 9,959 |
Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5,720 | 5,587 | 5,677 |
Shareholder's Equity | 4.7% | 2,864 | 2,736 | 2,716 | 2,265 | 2,399 | 2,275 | 2,268 | 2,086 | 2,246 | 2,048 | 1,764 | 1,522 | 1,323 | 1,155 | 1,088 | 1,589 | 1,497 | 2,392 | 2,240 | 2,332 | 2,291 |
Retained Earnings | 28.0% | 735 | 574 | 537 | 93.00 | 238 | 114 | 113 | -87.00 | 131 | 5,371 | 5,108 | 4,832 | 4,830 | 4,707 | 4,679 | 5,163 | 5,096 | 5,233 | 5,128 | 5,012 | 4,759 |
Additional Paid-In Capital | -1.2% | 2,155 | 2,181 | 2,197 | 2,192 | 2,181 | 2,174 | 2,163 | 2,174 | 2,171 | 3,443 | 3,431 | 3,427 | 3,273 | 3,268 | 3,260 | 3,258 | 3,256 | 3,260 | 3,177 | 3,172 | 3,149 |
Shares Outstanding | -0.4% | 50.00 | 50.00 | 50.00 | - | 50.00 | 50.00 | 50.00 | - | 50.00 | 50.00 | 50.00 | - | 60.00 | 60.00 | 60.00 | - | 61.00 | 64.00 | 66.00 | - | 69.00 |
Cashflow (Quarterly) | ||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Cashflow From Operations | 83.4% | 629,000,000 | 343,000,000 | 398,000,000 | 497,000,000 | 608,000,000 | 246,000,000 | 497,000,000 | 335,000,000 | 475,000,000 | 216,000,000 | 517,000,000 | 394,400,000 | 421,100,000 | 495,000,000 | 572,500,000 | -312,200,000 | 440,500,000 | 478,900,000 | 610,800,000 | 729,500,000 | 703,600,000 |
Share Based Compensation | -23.1% | 10,000,000 | 13,000,000 | 9,000,000 | 9,000,000 | 8,000,000 | 9,000,000 | 7,000,000 | 4,000,000 | 9,000,000 | 9,000,000 | 7,000,000 | 4,800,000 | 5,300,000 | 6,200,000 | 4,700,000 | 700,000 | 3,000,000 | 30,200,000 | 21,100,000 | 16,600,000 | 17,900,000 |
Cashflow From Investing | 0% | -281,000,000 | -281,000,000 | 3,141,000,000 | -3,623,000,000 | -591,000,000 | -1,207,000,000 | 310,000,000 | -2,072,000,000 | -154,000,000 | -474,000,000 | 1,009,000,000 | -1,590,800,000 | 24,800,000 | 1,593,700,000 | 1,746,300,000 | -789,500,000 | 4,164,800,000 | -1,231,800,000 | 717,500,000 | -1,011,300,000 | -624,500,000 |
Cashflow From Financing | 11.4% | -304,000,000 | -343,000,000 | -3,834,000,000 | 3,445,000,000 | -106,000,000 | 1,024,000,000 | -1,096,000,000 | 1,765,000,000 | 208,000,000 | 376,000,000 | -1,741,000,000 | 897,300,000 | -2,152,700,000 | -1,408,200,000 | -1,503,400,000 | 4,100,000 | -3,699,500,000 | 1,086,400,000 | -1,483,000,000 | 288,100,000 | 363,000,000 |
Dividend Payments | 0% | 11,000,000 | 11,000,000 | 11,000,000 | 11,500,000 | 10,000,000 | 11,000,000 | 10,000,000 | 11,000,000 | 10,000,000 | 10,000,000 | 11,000,000 | 10,500,000 | - | 10,100,000 | 30,300,000 | 29,600,000 | 30,400,000 | 33,100,000 | 33,900,000 | 125,200,000 | 31,200,000 |
Buy Backs | - | - | - | - | - | - | - | 12,000,000 | - | - | - | - | - | - | - | - | 100,000 | 753,100,000 | - | 222,800,000 | 246,200,000 | 102,500,000 |
UNAUDITED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 9 Months Ended | ||||
---|---|---|---|---|---|---|
Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022 | |||
Interest income | ||||||
Interest and fees on loans | $ 1,256 | $ 1,195 | $ 3,697 | $ 3,325 | ||
Interest on cash and investment securities | 45 | 23 | 135 | 34 | ||
Total interest income | 1,301 | 1,218 | 3,832 | 3,359 | ||
Interest expense | ||||||
Interest on deposits | 143 | 66 | 387 | 142 | ||
Interest on borrowings | 76 | 67 | 254 | 166 | ||
Total interest expense | 219 | 133 | 641 | 308 | ||
Net interest income | 1,082 | 1,085 | 3,191 | 3,051 | ||
Non-interest income | ||||||
Interchange revenue, net of retailer share arrangements | (84) | (136) | (244) | (333) | ||
Gain on portfolio sale | 0 | 0 | 230 | 0 | ||
Other | 33 | 30 | 96 | 75 | ||
Total non-interest income | (51) | (106) | 82 | (258) | ||
Total net interest and non-interest income | 1,031 | 979 | 3,273 | 2,793 | ||
Provision for credit losses | 304 | 304 | 747 | 902 | ||
Total net interest and non-interest income, after provision for credit losses | 727 | 675 | 2,526 | 1,891 | ||
Non-interest expenses | ||||||
Employee compensation and benefits | 210 | 202 | 647 | 572 | ||
Card and processing expenses | 104 | 82 | 339 | 248 | ||
Information processing and communication | 73 | 75 | 222 | 192 | ||
Marketing expenses | 36 | 44 | 115 | 124 | ||
Depreciation and amortization | 23 | 29 | 92 | 80 | ||
Other | 56 | 54 | 161 | 167 | ||
Total non-interest expenses | 502 | 486 | 1,576 | 1,383 | ||
Income from continuing operations before income taxes | 225 | 189 | 950 | 508 | ||
Provision for income taxes | 52 | 55 | 257 | 150 | ||
Income from continuing operations | 173 | 134 | 693 | 358 | ||
(Loss) income from discontinued operations, net of income taxes | [1] | (2) | 0 | (18) | (1) | |
Net income | $ 171 | $ 134 | $ 675 | $ 357 | ||
Basic income per share (Note 14) | ||||||
Income from continuing operations (in dollars per share) | $ 3.47 | $ 2.69 | $ 13.85 | $ 7.17 | ||
(Loss) income from discontinued operations(in dollars per share) | (0.03) | 0 | (0.37) | (0.01) | ||
Net income per share (in dollars per share) | 3.44 | 2.69 | 13.48 | 7.16 | ||
Diluted income per share (Note 14) | ||||||
Income from continuing operations (in dollars per share) | 3.46 | 2.69 | 13.80 | 7.16 | ||
(Loss) income from discontinued operations (in dollars per share) | (0.04) | 0 | (0.36) | (0.01) | ||
Net income per share (in dollars per share) | $ 3.42 | $ 2.69 | $ 13.44 | $ 7.15 | ||
Weighted average common shares outstanding (Note 14) | ||||||
Basic (in shares) | 49.9 | 49.8 | 50.0 | 49.9 | ||
Diluted (in shares) | 50.1 | 49.9 | 50.2 | 50.0 | ||
|
UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Sep. 30, 2023 | Dec. 31, 2022 |
---|---|---|
ASSETS | ||
Cash and cash equivalents | $ 3,380 | $ 3,891 |
Credit card and other loans | ||
Total credit card and other loans (includes loans available to settle obligations of consolidated variable interest entities September 30, 2023, $12,100; December 31, 2022, $15,383, respectively) | 17,922 | 21,365 |
Allowance for credit losses | (2,207) | (2,464) |
Credit card and other loans, net | 15,715 | 18,901 |
Investment securities | 240 | 221 |
Property and equipment, net | 160 | 195 |
Goodwill and intangible assets, net | 771 | 799 |
Other assets | 1,342 | 1,400 |
Total assets | 21,608 | 25,407 |
LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
Deposits | 13,268 | 13,826 |
Debt issued by consolidated variable interest entities | 2,848 | 6,115 |
Long-term and other debt | 1,375 | 1,892 |
Other liabilities | 1,253 | 1,309 |
Total liabilities | 18,744 | 23,142 |
Commitments and contingencies (Note 10) | ||
Stockholders’ equity | ||
Common stock, $0.01 par value; authorized, 200.0 million shares; issued, 49.3 million shares as of September 30, 2023 and 49.9 million shares as of December 31, 2022, respectively. | 1 | 1 |
Additional paid-in capital | 2,155 | 2,192 |
Retained earnings | 735 | 93 |
Accumulated other comprehensive loss | (27) | (21) |
Total stockholders’ equity | 2,864 | 2,265 |
Total liabilities and stockholders’ equity | $ 21,608 | $ 25,407 |
 CEO | Mr. Ralph J. Andretta |
---|---|
 WEBSITE | www.breadfinancial.com |
 EMPLOYEES | 7500 |