BFH Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $98.05
Market Cap (MRQ) $3.79B
P/E 8.4
EPS $10.89
Div Yield 0.99%
ROE 16.0%
52W Range $54–$115

BFH Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

04
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Stock splits 1
Ex-date Split Type
Nov. 8, 2021 1253-for-1000 Forward

About Bread Financial Holdings, Inc. Common Stock Company overview from Wikipedia

05 · wikidata

Bread Financial Holdings, Inc. is an American publicly traded provider of private label credit cards, coalition loyalty programs, and direct marketing, derived from the capture and analysis of transaction-rich data.

A significant portion of Bread Financial's revenue is generated through late fees charged to the subprime consumers it primarily serves. In October 2024 the Wall Street Journal reported that Bread Financial would raise its soft interest rate of 29.99% and add additional fees to customer accounts in anticipation of a Consumer Financial Protection Bureau ruling that would reduce its $41.00 late payment fee to $8.00.

History

Alliance Data was formed from the December 1996 merger of two entities: J.C. Penney's credit card processing unit and The Limited's credit card bank operation, named World Financial Network National Bank.

In August 1998, Alliance Data acquired LoyaltyOne, then-branded The Loyalty Group Canada, for $250 million. The deal gave Alliance Data two business enhancements, Canada's Air Miles Rewards Program and the company behind the Air Miles program, LoyaltyOne.

In 2001, Alliance Data went public.

In May 2007, The Blackstone Group, a private equity firm, announced plans to acquire Alliance Data. In April 2008, Alliance Data terminated the merger agreement with Blackstone Affiliates.

Ed Heffernan was promoted to president and CEO of Alliance Data in February 2009, after being with the company since 1998. In 2019 he resigned as CEO of Alliance Data and was replaced by Melisa Miller, who previously ran Alliance Data's Card Services division. This change in leadership effectively moved Alliance Data's Headquarters from Plano, Texas, to Columbus, Ohio. Melisa Miller held the role for about 6 months before being replaced by former CITI executive Ralph Andretta.

In 2019, Alliance Data opened its first international office in Bangalore, India.

In November 2021, Alliance Data completed the separation of its LoyaltyOne segment, consisting of the Canadian AIR MILES Reward Program and Netherlands-based BrandLoyalty businesses, into an independent, publicly traded company, Loyalty Ventures Inc. In March 2022, Alliance Data rebranded as Bread Financial.

Former businesses

Alliance Data Card Services

Card Services is a provider of integrated credit and marketing services including private label, co-branded and commercial credit card programs. Alliance Data Card Services manages over 135 card programs for retail brands such as Victoria's Secret, J.Crew, Eddie Bauer, Buckle, HSN, Pottery Barn, Pier 1 Imports, Lexus, Toyota, Williams Sonoma and Wayfair among many others.

Alliance Data Card Services maintains two banks to manage the funding and receivables for its clients' credit programs. In September 2012, the banks rebranded their names from WFNNB (World Financial Network [National] Bank) and WFCB (World Financial Capital Bank) to both operate under the Comenity name, as Comenity Bank and Comenity Capital Bank, respectively.

LoyaltyOne

LoyaltyOne, located in Canada, provides loyalty marketing programs for North American brands in the retail, financial services, grocery, petroleum, travel, and hospitality industries.

Five businesses make up the LoyaltyOne: Air Miles national reward program, in which approximately two-thirds of Canadian households participate; Colloquy; LoyaltyOne Consulting; Precima; and Squareknot.

Epsilon (aka Epsilon Data Management)

Epsilon provides a broad range of loyalty marketing services spanning database marketing, direct mail, email marketing, web development, loyalty programs, analytics, data services, strategic consulting, and creative services, among others. It sends billions of permission-based emails every year. Acquired by Epsilon in 2011, Aspen Marketing Services is a marketing services agency headquartered in Chicago, Illinois. In 2012, Epsilon reached an agreement to acquire the Hyper Marketing ("HMI") group of companies, the largest privately held digital marketing services agencies in the United States, for about $460 million.

In late February 2013, Facebook announced partnerships with four companies, including Epsilon, to help reshape its targeted advertising strategy.

The company relocated its headquarters to the former Nokia regional headquarters space in Las Colinas, Texas, near Dallas.

In April 2019, Publicis Groupe announced it would be acquiring Epsilon for $4.4 billion. This was the second biggest deal in the history of advertising, behind only Dentsu's $5 billion acquisition of Aegis Group in 2012.

On January 27, 2021, the U.S. Department of Justice entered a Deferred Prosecution Agreement with Epsilon Data Management, which set up a $127.5 million fund to compensate victims.

Controversy

In 2010, Epsilon failed to heed warnings to secure data. In March 2011 it was discovered that email addresses from customers of at least 50 client companies were stolen. A phishing tactic that uses personalized emails to trick people into disclosing personal information, including passwords and financial details, it was reported that the breach was related to Epsilon itself being phished. The company quickly notified the public about the breach. In June 2011, company executives were called before Congress to answer questions about the security breach. Interviewed for a 60 Minutes segment titled "The Data Brokers: Selling your personal information", then-CEO and chairman Bryan Kennedy called the hearings "political theater" and stated that "consumers ought to understand that the Internet is an advertising medium."

Products and Technology

In October 2020, Alliance Data launched Enhanced Digital Suite.

In October 2020, Alliance Data selected Fiserv for Credit Processing Services.

In 2021, Alliance Data invested $100M in digital technologies.

In April 2022, Bread Financial partnered with American Express and launched the Bread Cashback American Express Credit Card.

Company acquisitions and divestitures

1998: LoyaltyOne was acquired by Alliance Data.

2002: Colloquy/Frequency Marketing was acquired by Alliance Data.

2004: Epsilon was acquired by Alliance Data.

2005: Bigfoot Interactive was acquired by Alliance Data.

2006: Abacus was acquired by Alliance Data's Epsilon from DoubleClick.

2008: Heartland Payment Systems acquired Alliance Data's Network Services business.

2008: Vertex acquired Alliance Data's Utility Services business.

2011: Aspen Marketing Services was acquired by Alliance Data (to be a part of Epsilon).

2012: Alliance Data acquired the $475 million private label credit card portfolio of The Bon-Ton Stores, Inc.

2012: Epsilon acquires Hyper Marketing and agencies Ryan Partnership & Catapult.

2014: AD acquired Conversant Formerly known as ValueClick; Conversant specialized in the affiliate marketing business, which revolved around video and mobile channels.

2014: Alliance Data acquires BrandLoyalty.

2014: Epsilon acquires Conversant, formerly ValueClick.

2019: Alliance Data sells off Epsilon to Publicis for $4.4B.

2019: Alliance Data acquired Lon Operations Inc., a digital payments company operating under the trademark Bread.

2020: Alliance Data closes Bread deal in December.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

sectorFinancial Services industryFinancial Services employees6,000 countryUS

10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue·
2017-12-31 → 2020-12-31
EPS$10.89
2017-12-31 → 2025-12-31
Free Cash Flow·
2017-12-31 → 2022-12-31
Net margin12.8%
2017-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend BFH 5Y avg Peer Median Verdict
P/E 8.45Y avg ≈6.6 ≈6.6 13.5 Undervalued
P/S 0.95Y avg ≈0.6 ≈0.6 2.2 Undervalued
P/B (MRQ) 1.15Y avg ≈0.8 ≈0.8 4.1 Undervalued
Price / Cash Flow 1.95Y avg ≈1.3 ≈1.3 5.9 Undervalued
Price / Tangible Book 1.65Y avg ≈1.1 ≈1.1 · ·
PEG Ratio ≈0.4 · · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

13
Dividend Yield0.99%
Payout Ratio7.7%
Annualized Payout≈$0.92Paid quarterly
5Y Div CAGR≈4.6%Per share, split-adjusted
Growth Streak≈1Consecutive years of dividend growth
Ex-dateAmountCurrencyYield
Aug 31, 2026$0.23USD≈0.88%
May 29, 2026$0.23USD≈1.0%
Feb 27, 2026$0.23USD≈1.2%
Nov 7, 2025$0.23USD≈1.4%
Aug 8, 2025$0.21USD≈1.4%
May 9, 2025$0.21USD≈1.7%
Feb 14, 2025$0.21USD≈1.3%
Nov 8, 2024$0.21USD≈1.4%
Aug 9, 2024$0.21USD≈1.6%
May 9, 2024$0.21USD≈2.1%
Feb 8, 2024$0.21USD≈2.4%
Nov 10, 2023$0.21USD≈3.0%
Aug 10, 2023$0.21USD≈2.1%
May 11, 2023$0.21USD≈3.2%
Feb 9, 2023$0.21USD≈2.1%
Nov 10, 2022$0.21USD≈2.1%
Aug 11, 2022$0.21USD≈1.9%
May 12, 2022$0.21USD≈1.7%
Feb 10, 2022$0.21USD≈1.0%
Nov 10, 2021$0.21USD≈0.91%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise 74.5%
Next Report Oct 21, 2026
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Jul 22, 2026 $3.55 $2.74 29.4%
March 31, 2026 $4.17 $3.12 33.5%
Dec. 31, 2025 $1.16 $0.36 218.0%
Sept. 30, 2025 $3.96 $2.10 88.7%
June 30, 2025 $2.93 $1.89 55.1%
March 31, 2025 $2.78 $2.27 22.5%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 15
Metric Trend 202520242023202220212020201920182017201620152014
Revenue ·····$4.52B$5.58B$5.67B$5.47B$7.14B$6.44B$5.30B
Cost of Revenue ·····$2.08B$2.69B$2.54B$2.47B$4.28B$3.81B$3.22B
SG&A Expense ·····$106M$151M$162M$159M$143M$138M$142M
Operating Expenses ·····$3.63B$4.27B$3.91B$3.96B$5.87B$5.18B$4.20B
Operating Income ·····$301M$662M$1.76B$1.52B$1.27B$1.26B$1.10B
Interest Expense ··$879M$503M$383M$499M$638M$542M$455M$428M$330M$260M
Interest Income $4.91B$5.02B$5.14B$4.68B$3.87B$3.95B$4.83B$12M····
Pretax Income $615M$381M$968M$300M$1.04B$301M$662M$1.22B$1.06B$837M$932M$838M
Income Tax $94M$102M$231M$76M$247M$93M$156M$270M$293M$319M$326M$322M
Net Income $518M$277M$718M$223M$801M$214M$278M$963M$789M$518M$605M$516M
EPS (Basic) $11.07$5.58$14.39$4.47$16.09$4.47$5.38$17.56$14.17$7.37$8.91$8.72
EPS (Diluted) $10.89$5.49$14.34$4.46$16.02$4.46$5.46$17.49$14.10$7.34$8.85$7.87
Shares (Basic) 46,800,00049,600,00049,800,00049,900,00049,700,00047,800,00050,000,00054,900,00055,700,00058,600,00061,900,00056,400,000
Shares (Diluted) 47,600,00050,400,00050,000,00050,000,00050,000,00047,900,00050,900,00055,100,00055,900,00058,900,00062,300,00062,400,000
EBITDA $80M$90M$116M$113M$123M$1.07B$1.56B$2.38B$2.14B$1.78B$1.75B$1.41B
Balance Sheet 29
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents $3.60B$3.68B$3.59B$3.89B$3.05B$2.80B$3.87B$3.82B$4.19B$1.86B$1.17B$1.08B
Short-term Investments $26M$272M$250M$130M$80M$29M······
Receivables ·····$384M$451M$404M$822M$797M$706M$743M
Inventory ·····$164M$218M$248M$234M$271M$228M$220M
Other Current Assets ·····$535M$268M$293M$349M$324M$250M$456M
Current Assets ·····$19.63B$24.11B$24.71B$24.71B$19.59B$16.25B$13.81B
PP&E (Net) $117M$142M$167M$195M$215M$213M$282M$288M$614M$586M$577M$560M
PP&E (Gross) ···$482M$471M$484M$664M$649M$1.48B$1.30B$1.16B$1.02B
Accum. Depreciation ··$343M$287M$256M$271M$381M$361M$864M$718M$582M$457M
Goodwill $634M$634M$634M$634M$634M$634M$955M$955M$993M$3.80B$3.81B$3.87B
Intangibles $82M$112M$128M$165M$53M$77M$153M$217M$801M$1.00B$1.20B$1.52B
Other Non-current Assets ·····$558M$682M$636M$656M$515M$504M$508M
Total Assets $22.66B$22.89B$23.14B$25.41B$21.75B$22.55B$26.49B$30.39B$30.68B$25.51B$22.35B$20.19B
Accounts Payable ·····$328M$301M$486M$651M$568M$442M$456M
Accrued Liabilities ·····$445M$328M$322M$443M$347M$566M$457M
Current Liabilities ·····$10.42B$11.87B$11.48B$10.15B$9.23B$6.40B$6.31B
Capital Leases ·····$276M$292M·····
Deferred Tax ······$80M$256M$211M$335M$632M$690M
Other Non-current Liabilities ·····$420M$338M$392M$371M$326M$285M$208M
Total Liabilities $19.34B$19.84B$20.22B$23.14B$19.66B$21.02B$24.91B$28.06B$28.83B$23.86B$20.17B$17.63B
Long-term Debt $4.31B$5.56B$5.29B$8.01B$7.44B$2.81B$2.85B$5.74B$6.08B$5.60B$5.06B$4.77B
Common Stock $0$1M$1M$1M$1M$1M$1M$1M$1M$1M$1M$1M
Paid-in Capital ··$2.17B$2.19B$2.17B·······
Retained Earnings $1.48B$999M$767M$93M$-87M$4.83B$5.16B$5.01B$4.17B$3.49B$3.09B$2.54B
Treasury Stock ·····$6.73B$6.73B$5.72B$5.27B$4.73B$3.93B$2.98B
AOCI $-16M$-22M$-19M$-21M$-2M$-5M$-100M$-138M$-140M$-151M$-137M$-75M
Stockholders' Equity $3.33B$3.05B$2.92B$2.27B$2.09B$1.52B$1.59B$2.33B$1.86B$1.66B$2.01B$2.40B
Liabilities + Equity $22.66B$22.89B$23.14B$25.41B$21.75B$22.55B$26.49B$30.39B$30.68B$25.51B$22.35B$20.26B
Shares Outstanding 44,100,00049,100,00049,300,00049,900,00049,800,000117,100,000115,000,000·····
Cash Flow 20
Metric Trend 202520242023202220212020201920182017201620152014
D&A $80M$90M$116M$113M$123M$184M$249M$487M$498M$512M$492M$313M
Stock-based Comp $56M$54M$44M$33M$29M$21M$55M$81M$75M$76M$91M$72M
Deferred Tax $90M$-85M$-68M$-245M$-20M$-171M$-186M$16M$-114M$-31M$-121M$-13M
Amort. of Intangibles $30M$35M$37M$26M$29M$34M$48M$113M$114M$310M$311M$198M
Restructuring ·····$-8M$118M·····
Other Non-cash $1.35B$1.52B$1.18B$1.72B$605M$1.69B$822M$1.21B$1.36B$1.01B$638M$456M
Operating Cash Flow $2.09B$1.86B$1.99B$1.85B$1.54B$1.88B$1.22B$2.75B$2.60B$2.13B$1.76B$1.34B
CapEx ···$68M$84M$54M$142M$200M$225M$207M$192M$159M
Investing Cash Flow $-1.37B$-1.17B$788M$-5.11B$-1.69B$1.77B$2.86B$-1.87B$-4.27B$-4.29B$-3.36B·
Debt Issued ·······$4.58B$7.70B$3.82B$3.09B$3.43B
Net Debt Issued ·······$-318M$355M$601M$859M$1.60B
Stock Issued ····$4M$3M$12M$18M$18M$18M$18M$17M
Stock Repurchased $313M$55M$35M$12M$0·$976M$443M$554M$799M$952M$287M
Net Stock Activity $-313M$-55M$-35M·$4M$3M$-964M$-426M$-535M$-780M$-934M$-270M
Dividends Paid $40M$43M$42M$43M$42M$61M$127M$125M$116M$30M··
Financing Cash Flow $-807M$-592M$-3.09B$3.27B$608M$-4.17B$-4.09B$-1.22B$4.00B$2.64B$1.72B·
Net Change in Cash $-86M$98M$-311M$4M$460M$-495M$-10M$-347M$2.35B$487M$91M$107M
Taxes Paid $53M$227M$292M$338M$325M$268M$1.07B$234M$344M$467M$304M$256M
Free Cash Flow ···$1.78B$1.46B$1.83B$1.08B$2.56B$2.38B$1.88B$1.51B$1.19B
Levered FCF ···$1.40B$1.17B$1.46B$634M$2.03B$1.97B$1.62B$1.30B$1.02B
Profitability 7
Metric Trend 202520242023202220212020201920182017201620152014
Operating Margin ·····19.7%23.4%24.3%21.3%17.7%19.6%20.7%
Net Margin 12.8%6.8%16.8%5.8%24.5%4.7%5.0%12.4%10.2%7.2%9.4%9.7%
Pretax Margin 15.2%9.4%22.7%7.8%31.9%8.7%13.2%15.7%14.0%11.7%14.5%15.8%
EBITDA Margin 2.0%2.2%2.7%2.9%3.8%23.7%27.9%30.6%27.8%24.9%27.2%26.6%
ROA 2.3%1.2%3.0%0.95%3.6%0.87%0.98%6.0%2.8%2.2%2.8%3.1%
ROE 16.0%9.0%24.8%9.6%37.0%15.0%18.0%41.7%44.9%28.2%27.5%31.7%
ROIC ·····43.7%63.8%63.9%64.7%47.2%40.8%28.2%
Liquidity & Solvency 3
Metric Trend 202520242023202220212020201920182017201620152014
Current Ratio ·····1.92.02.22.42.12.52.2
Quick Ratio ·····0.30.40.40.50.30.30.3
Interest Coverage ·····1.82.32.82.93.03.84.2
Efficiency 3
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 0.20.20.20.20.10.20.20.50.30.30.30.3
Inventory Turnover ·····10.911.517.416.917.117.027.4
Receivables Turnover ·····10.813.18.89.59.58.99.3
Per Share 6
Metric Trend 202520242023202220212020201920182017201620152014
Book Value / Share $75.44$62.14$59.19$45.39········
Revenue / Share $85.25$80.63$85.32$76.52$65.44$94.39$109.65$141.40$138.09$121.19$103.37$84.92
Cash Flow / Share $43.95$36.88$39.74$36.96$30.86$39.30$23.92$50.00$46.68$35.46$27.38$21.53
Cash / Share $81.72$74.93$72.82$77.98········
Dividend / Share $0.86$0.84$0.84$0.84$0.84$1.26$2.52$0.57$0.52$0.52··
EPS (TTM) $10.89$5.49$14.34$4.46$16.02$4.46$5.46$17.49$14.10$7.34$8.85$7.87
Growth Rates 7
Metric Trend 202520242023202220212020201920182017201620152014
EPS YoY 98.4%-61.7%221.5%-72.2%259.2%·······
EPS CAGR 3Y 34.7%-30.0%47.6%·········
EPS CAGR 5Y 19.6%···········
Net Income YoY 87.0%-61.4%222.0%-72.2%274.3%·······
Net Income CAGR 3Y 32.4%-29.8%49.7%·········
Net Income CAGR 5Y 19.3%···········
Dividends Paid CAGR 5Y -8.1%···········
Valuation (TTM) 13
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM $4.31B$4.31B$4.31B$4.31B$4.31B$4.52B$5.58B$5.67B$5.47B$7.14B$6.44B$5.30B
Net Income TTM $518M$277M$718M$223M$801M$214M$278M$963M$789M$518M$605M$516M
Market Cap $3.26B$3.00B$1.62B$1.88B········
P/E 6.811.12.38.44.213.316.46.814.324.824.929.0
P/S 0.80.70.40.4········
P/B 1.01.00.60.8········
P / Tangible Book 1.31.30.81.3········
P / Cash Flow 1.61.60.81.0········
P / FCF ···1.1········
Dividend Yield 1.2%1.4%2.6%2.3%········
Earnings Yield 14.7%9.0%43.5%11.8%24.1%7.5%6.1%14.6%7.0%4.0%4.0%3.5%
Payout Ratio 7.7%15.5%5.9%19.3%5.2%28.4%45.8%13.0%14.6%5.8%··
Annual Payout $40M$43M$42M$43M$42M$61M$127M$125M$116M$30M··

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-312024-12-312023-12-312022-12-312021-12-31
Net Income $518M $277M $718M $223M $801M
Diluted EPS $10.89 $5.49 $14.34 $4.46 $16.02

Institutional owners (13F) 447 filers · $4.6B total · As of Sept. 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 447
Value held $4.6B
New positions 78
Exited positions 39
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
78 (+9 vs prior Q) 39 (0 vs prior Q) 126 (+3 vs prior Q) 152 (+17 vs prior Q) -2.9M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
BlackRock, Inc. $421,314,318 3,888,457 9.09% Shares
VANGUARD GROUP INC $378,740,219 5,116,037 8.17% Shares
DIMENSIONAL FUND ADVISORS LP $335,043,532 3,092,208 7.23% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $284,073,764 2,621,816 6.13% Shares
AMERICAN CENTURY COMPANIES INC $194,075,456 1,791,190 4.19% Shares
Allianz Asset Management GmbH $193,780,509 1,788,468 4.18% Shares
VANGUARD CAPITAL MANAGEMENT LLC $190,439,969 1,757,637 4.11% Shares
STATE STREET CORP $182,212,628 1,681,704 3.93% Shares
TURTLE CREEK ASSET MANAGEMENT INC. $141,975,231 1,310,339 3.06% Shares
GEODE CAPITAL MANAGEMENT, LLC $122,685,205 1,132,140 2.65% Shares
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP $113,247,095 1,045,197 2.44% Shares
HSBC HOLDINGS PLC $98,763,600 907,458 2.13% Shares
FRANKLIN RESOURCES INC $89,192,096 823,185 1.92% Shares
JACOBS LEVY EQUITY MANAGEMENT, INC $83,410,647 769,826 1.80% Shares
GOLDMAN SACHS GROUP INC $82,570,719 762,074 1.78% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $66,366,000 612,515 1.43% Shares
BANK OF AMERICA CORP /DE/ $65,806,497 607,351 1.42% Shares
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. $63,199,000 583,288 1.36% Shares
MORGAN STANLEY $61,189,573 564,739 1.32% Shares
NORTHERN TRUST CORP $56,468,445 521,167 1.22% Shares
WELLINGTON MANAGEMENT GROUP LLP $54,004,675 498,428 1.17% Shares
NEUBERGER BERMAN GROUP LLC $50,887,577 469,497 1.10% Shares
Empowered Funds, LLC $50,050,983 461,938 1.08% Shares
PRINCIPAL FINANCIAL GROUP INC $42,876,479 395,722 0.93% Shares
Bank of New York Mellon Corp $39,467,664 364,261 0.85% Shares
PZENA INVESTMENT MANAGEMENT LLC $35,478,991 327,448 0.77% Shares
UBS Group AG $34,654,230 319,836 0.75% Shares
MILLENNIUM MANAGEMENT LLC $33,078,930 305,297 0.71% Shares
BRIDGEWAY CAPITAL MANAGEMENT, LLC $32,871,873 303,386 0.71% Shares
Nuveen, LLC $29,392,589 271,275 0.63% Shares
VANGUARD FIDUCIARY TRUST CO $28,928,041 266,987 0.62% Shares
Invesco Ltd. $28,178,476 260,069 0.61% Shares
Public Sector Pension Investment Board $27,996,448 258,389 0.60% Shares
STOREBRAND ASSET MANAGEMENT AS $24,223,918 223,571 0.52% Shares
PANAGORA ASSET MANAGEMENT INC $23,447,698 216,407 0.51% Shares
JPMORGAN CHASE & CO $22,066,971 201,100 0.48% Shares
WELLS FARGO & COMPANY/MN $20,928,567 193,157 0.45% Shares
PRUDENTIAL FINANCIAL INC $20,676,756 190,833 0.45% Shares
SCHRODER INVESTMENT MANAGEMENT GROUP $20,654,894 189,965 0.45% Shares
AQR CAPITAL MANAGEMENT LLC $19,983,960 184,439 0.43% Shares
AMERIPRISE FINANCIAL INC $18,699,814 172,587 0.40% Shares
CAPITAL FUND MANAGEMENT S.A. $17,286,809 159,546 0.37% Shares
BASSWOOD CAPITAL MANAGEMENT, L.L.C. $17,194,387 158,693 0.37% Shares
ASSETMARK, INC $17,087,144 157,703 0.37% Shares
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC $15,417,447 142,293 0.33% Shares
Hudson Bay Capital Management LP $14,808,411 136,672 0.32% Shares
Hillsdale Investment Management Inc. $14,800,610 136,600 0.32% Shares
O'SHAUGHNESSY ASSET MANAGEMENT, LLC $14,720,973 135,865 0.32% Shares
Miller Value Partners, LLC $14,388,663 132,798 0.31% Shares
JANE STREET GROUP, LLC $13,901,305 128,300 0.30% Call option

Show all 447 institutional owners →

Activists & 5%+ owners 20 positions

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Undisclosed reporting person, Undisclosed reporting person Oct. 30, 2019 · Initial filing · SEC
Undisclosed reporting person, Undisclosed reporting person Oct. 25, 2019 · Initial filing Board campaign SEC
Undisclosed reporting person, Undisclosed reporting person April 29, 2019 · Initial filing · SEC
Undisclosed reporting person, Undisclosed reporting person June 9, 2017 · Initial filing Board campaign SEC
Undisclosed reporting person, Undisclosed reporting person March 20, 2017 · Initial filing · SEC
Undisclosed reporting person, Undisclosed reporting person Jan. 25, 2017 · Initial filing · SEC
Undisclosed reporting person, Undisclosed reporting person Aug. 25, 2016 · Initial filing Passive investment SEC
Undisclosed reporting person, Undisclosed reporting person Aug. 24, 2016 · Initial filing Passive investment SEC
Undisclosed reporting person, Undisclosed reporting person July 11, 2016 · Initial filing Passive investment SEC
Alliance Data Systems Corporation Sept. 22, 2014 · Initial filing M&A / sale SEC
Undisclosed reporting person, Undisclosed reporting person Dec. 29, 2009 · Initial filing · SEC
Undisclosed reporting person, Undisclosed reporting person April 24, 2009 · Initial filing · SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person July 21, 2008 · Initial filing Passive investment SEC
Noonday Asset Management, L.P., Noonday G.P. (U.S.), L.L.C., Noonday Capital, L.L.C., David I. Cohen, Saurabh K. Mittal, Noonday Capital Partners, L.L.C., Farallon Capital Partners, L.P., Farallon Capital Institutional Partners, L.P., Farallon Capital Institutional Partners II, L.P., Farallon Capital Institutional Partners III, L.P., Tinicum Partners, L.P., Farallon Capital Offshore Investors II, L.P., Farallon Capital Management, L.L.C., Farallon Partners, L.L.C., William F. Duhamel, Richard B. Fried, Monica R. Landry, Douglas M. MacMahon, William F. Mellin, Stephen L. Millham, Jason E. Moment, Ashish H. Pant, Rajiv A. Patel, Derek C. Schrier, Andrew J. M. Spokes, Thomas F. Steyer, Mark C. Wehrly ×6 filings March 31, 2008 · Initial filing · SEC
CR Intrinsic Investors, LLC, CR Intrinsic Investments, LLC, Sigma Capital Management, LLC, S.A.C. Capital Advisors, LLC, S.A.C. Capital Management, LLC, Steven A. Cohen ×2 filings March 7, 2008 · Initial filing · SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Company insiders 63 insiders · 22 officers · 19 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Ralph J Andretta President and CEO May 29, 2026 S 582,241 0 3 $-1,336,540
Edward J Heffernan President and CEO Feb. 19, 2019 F 251,893 0 0 $0
Perry S Beberman EVP, Chief Financial Officer Feb. 17, 2026 F 142,061 0 0 $0
Timothy P King EVP & Chief Financial Officer Feb. 18, 2021 F 33,308 0 0 $0
Dennis James Mccarthy EVP, Chief Revenue Officer Sept. 14, 2026 P 29,546 1 0 $1,730
Allegra S Driscoll EVP, Chief Technology Officer Feb. 18, 2026 F 60,780 0 0 $0
Valerie E Greer EVP, Chief Commercial Officer Feb. 18, 2026 F 155,352 0 0 $0
Tammy M Mcconnaughey EVP, Operations & Credit Risk Feb. 18, 2026 F 123,320 0 0 $0
Joseph L Motes III EVP, CAO, Gen Counsel & Secy Feb. 18, 2026 F 129,617 0 0 $0
Jonathan Bryan Campbell SVP, Chief Accounting Officer Feb. 17, 2026 A 38,877 0 0 $0
John Jeffrey Chesnut SVP and Treasurer Oct. 22, 2021 F 19,141 0 0 $0
Laura Santillan SVP, Chief Acctg. Officer Oct. 22, 2021 F 38,249 0 0 $0
Charles L Horn EVP & Senior Advisor Feb. 16, 2021 F 6,300 0 0 $0
Melisa A Miller EVP & Pres, Card Services Feb. 19, 2019 F 42,453 0 0 $0
Bryan J Kennedy EVP & President, Epsilon Feb. 19, 2019 F 130,693 0 0 $0
Bryan A Pearson EVP & President, LoyaltyOne Feb. 19, 2019 F 25,282 0 0 $0
Leigh Ann K Epperson SVP, General Counsel & Secy April 20, 2015 S 14,301 0 0 $0
Ivan M Szeftel EVP & Pres, Retail Credit Svcs March 21, 2011 A 95,683 0 0 $0
Alan M Utay EVP, CAO, Gen. Counsel, Secy April 26, 2010 M 83,428 0 0 $0
Dwayne H Tucker EVP, HR & Corp. Communications Aug. 14, 2009 M 99,676 0 0 $0
Transient C Taylor EVP, Human Resources Feb. 21, 2007 M 26,495 0 0 $0
James E Brown Chief Information Officer Feb. 2, 2004 A 5,000 0 0 $0
Praniti Lakhwara Director July 28, 2026 S 4,458 0 1 $-297,348
John C Gerspach Director July 15, 2026 A 49,574 0 0 $0
Rajesh Natarajan Director June 15, 2026 A 21,442 0 0 $0
John J. Fawcett Director June 15, 2026 A 12,638 1 0 $60,328
Joyce St Clair Director June 15, 2026 A 11,307 0 0 $0
Laurie Anne Tucker Director June 15, 2026 A 35,459 0 0 $0
Sharen J Turney Director June 15, 2026 A 23,174 0 0 $0
Timothy J Theriault Director June 15, 2026 A 27,384 0 0 $0
Roger H Ballou Director April 24, 2026 S 30,079 0 1 $-874,930
Karin Kimbrough Director April 17, 2023 A 4,889 0 0 $0
Robert A Minicucci Director March 20, 2020 P 135,190 0 0 $0
Bruce K Anderson Director March 20, 2020 P 748,554 0 0 $0
Kenneth R Jensen Director March 20, 2020 P 78,260 0 0 $0
Linn E Draper JR Director June 25, 2018 A 26,990 0 0 $0
Keith D Cobb Director June 26, 2017 A 9,237 0 0 $0
Lawrence M Benveniste Director July 1, 2014 A 11,426 0 0 $0
Michael J Parks Director March 17, 2010 S 216,111 0 0 $0
Turtle Creek Asset Management Inc. 10% owner Jan. 29, 2024 S 293,092 0 0 $0
James R Matthews 10% owner April 27, 2006 J 415 0 0 $0
Scott D Mackesy 10% owner April 27, 2006 J 2,549 0 0 $0
Sanjay Swani 10% owner April 27, 2006 J 290 0 0 $0
John D Clark 10% owner April 27, 2006 J 616 0 0 $0
Jonathan M Rather 10% owner April 27, 2006 J 647 0 0 $0
Paul B. Queally 10% owner April 27, 2006 J 25,415 0 0 $0
Anthony J Denicola 10% owner April 27, 2006 J 78,972 0 0 $0
Thomas E Mcinerney 10% owner April 27, 2006 J 200,342 0 0 $0
Russell L Carson 10% owner April 27, 2006 J 257,189 0 0 $0
Patrick J Welsh 10% owner April 27, 2006 J 322,820 0 0 $0
WCAS MANAGEMENT CORP 10% owner April 27, 2006 J 678 0 0 $0
WELSH CARSON ANDERSON STOWE VIII LP 10% owner April 27, 2006 J 7,160,349 0 0 $0
WELSH CARSON ANDERSON & STOWE VII LP ET AL 10% owner Nov. 5, 2004 S 0 0 0 $0
WCAS INFORMATION PARTNERS L P 10% owner Nov. 5, 2004 S 0 0 0 $0
WCAS CAPITAL PARTNERS III LP 10% owner Nov. 1, 2004 J 0 0 0 $0
WCAS CAPITAL PARTNERS II LP 10% owner Nov. 1, 2004 J 0 0 0 $0
WELSH CARSON ANDERSON & STOWE VI LP 10% owner Nov. 1, 2004 J 0 0 0 $0
Michael D Kubic · Feb. 23, 2010 F 33,191 0 0 $0
Barry R Carter · Oct. 22, 2009 S 270 0 0 $0
John W Scullion · Oct. 16, 2009 M 200,663 0 0 $0
Michael L Iaccarino · Feb. 26, 2009 S 0 0 0 $0
FINKELMAN DANIEL P · July 16, 2007 F 39,470 0 0 $0
Michael A Beltz · July 21, 2005 M 44,783 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 69 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
SCOW · Pacer Funds Trust 3.31% 524 NS July 31, 2026 N-PORT
SAWS · ETF Series Solutions 1.55% 1,120 NS July 31, 2026 N-PORT
PFI · Invesco Exchange-Traded Fund Trust 1.43% 8,231 SH Oct. 2, 2026 Daily
SYLD · Cambria ETF Trust 0.98% 90,014 NS July 31, 2026 N-PORT
MYLD · Cambria ETF Trust 0.97% 3,057 NS July 31, 2026 N-PORT
XSVM · Invesco Exchange-Traded Fund Trust 0.97% 58,212 SH Oct. 2, 2026 Daily
HAPS · Harbor ETF Trust 0.91% 14,361 NS July 31, 2026 N-PORT
VAMO · Cambria ETF Trust 0.90% 9,096 NS July 31, 2026 N-PORT
PSCF · Invesco Exchange-Traded Fund Trust … 0.88% 2,477 SH Oct. 2, 2026 Daily
XSMO · Invesco Exchange-Traded Fund Trust 0.77% 227,383 SH Oct. 2, 2026 Daily
ROSC · Lattice Strategies Trust 0.72% 4,087 NS July 31, 2026 N-PORT
EBIT · Harbor ETF Trust 0.68% 753 NS July 31, 2026 N-PORT
SMDX · Tidal Trust III 0.51% 6,148 NS July 31, 2026 N-PORT
FYT · First Trust Exchange-Traded AlphaDE… 0.49% 8,823 NS July 31, 2026 N-PORT
VIOV · VANGUARD ADMIRAL FUNDS 0.47% 85,741 SH Aug. 19, 2026 Daily
RZV · Invesco Exchange-Traded Fund Trust 0.42% 12,163 SH Oct. 2, 2026 Daily
DWAS · Invesco Exchange-Traded Fund Trust … 0.35% 14,608 SH Oct. 2, 2026 Daily
DFSV · Dimensional ETF Trust 0.34% 259,708 NS July 31, 2026 N-PORT
VFVA · VANGUARD WELLINGTON FUND 0.31% 24,342 SH Aug. 19, 2026 Daily
VTWV · VANGUARD SCOTTSDALE FUNDS 0.28% 35,723 SH Aug. 19, 2026 Daily
RWJ · Invesco Exchange-Traded Fund Trust … 0.28% 56,083 SH Oct. 2, 2026 Daily
FYX · First Trust Exchange-Traded AlphaDE… 0.25% 32,205 NS July 31, 2026 N-PORT
DFAT · Dimensional ETF Trust 0.25% 337,927 NS July 31, 2026 N-PORT
QVMS · Invesco Exchange-Traded Fund Trust … 0.24% 5,936 SH Oct. 2, 2026 Daily
VIOO · VANGUARD ADMIRAL FUNDS 0.24% 141,280 SH Aug. 19, 2026 Daily
OMFS · Invesco Exchange-Traded Self-Indexe… 0.20% 5,487 SH Oct. 2, 2026 Daily
VFQY · VANGUARD WELLINGTON FUND 0.20% 8,922 SH Aug. 19, 2026 Daily
BKSE · BNY Mellon ETF Trust 0.20% 1,576 NS July 31, 2026 N-PORT
FSMD · FIDELITY COVINGTON TRUST 0.18% 42,000 NS July 31, 2026 N-PORT
BBSC · J.P. Morgan Exchange-Traded Fund Tr… 0.17% 10,827 NS July 31, 2026 N-PORT
PGX · Invesco Exchange-Traded Fund Trust … 0.14% 202,007 Oct. 2, 2026 Daily
VTWO · VANGUARD SCOTTSDALE FUNDS 0.13% 235,351 SH Aug. 19, 2026 Daily
DFAS · Dimensional ETF Trust 0.12% 166,213 NS July 31, 2026 N-PORT
PKW · Invesco Exchange-Traded Fund Trust 0.11% 19,831 SH Oct. 2, 2026 Daily
FAB · First Trust Exchange-Traded AlphaDE… 0.10% 1,527 NS July 31, 2026 N-PORT
VBR · VANGUARD INDEX FUNDS 0.09% 558,917 SH Aug. 19, 2026 Daily
DXUV · Dimensional ETF Trust 0.08% 3,840 NS July 31, 2026 N-PORT
IWM · iShares Trust 0.07% 514,441 SH Sept. 11, 2026 Daily
PFF · iShares Trust 0.06% 327,310 SH Sept. 11, 2026 Daily
VXF · VANGUARD INDEX FUNDS 0.05% 463,010 SH Aug. 19, 2026 Daily
VB · VANGUARD INDEX FUNDS 0.05% 880,707 SH Aug. 19, 2026 Daily
VFH · VANGUARD WORLD FUND 0.05% 67,533 SH Aug. 19, 2026 Daily
VRP · Invesco Exchange-Traded Fund Trust … 0.05% 56,200 Oct. 2, 2026 Daily
WSML · iShares Trust 0.04% 2,740 SH Sept. 11, 2026 Daily
TILT · FlexShares Trust 0.04% 8,361 NS July 31, 2026 N-PORT
DFSU · Dimensional ETF Trust 0.03% 5,805 NS July 31, 2026 N-PORT
DFUV · Dimensional ETF Trust 0.03% 38,230 NS July 31, 2026 N-PORT
DFAC · Dimensional ETF Trust 0.02% 107,973 NS July 31, 2026 N-PORT
DCOR · Dimensional ETF Trust 0.02% 7,409 NS July 31, 2026 N-PORT
PRF · Invesco Exchange-Traded Fund Trust 0.02% 21,464 SH Oct. 2, 2026 Daily
VFMO · VANGUARD WELLINGTON FUND 0.02% 3,927 SH Aug. 19, 2026 Daily
VYM · VANGUARD WHITEHALL FUNDS 0.02% 160,804 SH Aug. 19, 2026 Daily
ESML · iShares Trust 0.02% 5,050 SH Sept. 11, 2026 Daily
FNCL · FIDELITY COVINGTON TRUST 0.01% 2,386 NS July 31, 2026 N-PORT
VTI · VANGUARD INDEX FUNDS 0.01% 1,219,324 SH Aug. 19, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.01% 3,351 SH Aug. 19, 2026 Daily
ESGV · VANGUARD WORLD FUND 0.01% 9,035 SH Aug. 19, 2026 Daily
DFAU · Dimensional ETF Trust 0.01% 10,054 NS July 31, 2026 N-PORT
DFUS · Dimensional ETF Trust 0.01% 12,301 NS July 31, 2026 N-PORT
IWV · iShares Trust 0.01% 10,314 SH Sept. 9, 2026 Daily
ITOT · iShares Trust 0.00% 38,718 SH Sept. 9, 2026 Daily
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.00% 34,796 SH Aug. 19, 2026 Daily
IJR · iShares Trust · 1,549,341 SH Sept. 8, 2026 Daily
IJS · iShares Trust · 332,214 SH Aug. 31, 2026 Daily
IWN · iShares Trust · 323,128 SH Sept. 11, 2026 Daily
XJR · iShares Trust · 2,909 SH Aug. 31, 2026 Daily
ISCB · iShares Trust · 1,663 SH Sept. 11, 2026 Daily
ISCV · iShares Trust · 7,135 SH Sept. 11, 2026 Daily
SMLF · iShares Trust · 13,522 SH Sept. 9, 2026 Daily

BFH Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 22 analysts BUY
Median target $115.00 +17.3%
5 22.7% Strong Buy
7 31.8% Buy
10 45.5% Hold
0 0.0% Sell
0 0.0% Strong Sell

12-Month Price Target

16 analysts · 2026-09-30

Mean target $114.81 +17.1%

Now Current price $98.05
Low$86.00 Mean$114.81 High$130.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
BFH $3.26B 6.8 · 12.8% 16.0% ·
CACC $4.74B 12.2 7.2% 18.3% 27.5% ·
NNI · 11.3 21.1% 120.9% 12.2% ·
DAVE · · · · · ·
ENVA $3.89B 13.6 18.6% 9.8% 24.3% 58.1%
SLM $5.39B 7.8 7.3% 37.5% 30.9% ·
UPST $4.29B 97.2 64.0% 5.1% 7.0% ·
ECPG $1.18B 5.0 34.4% 14.5% 27.4% ·
EZPW $1.16B 13.4 9.7% 8.6% 11.7% 58.6%
HAPN · · · · · ·
ATLC · · · · · ·

My Metrics Your personal watchlist — selected rows from Full Fundamentals

26

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Source: SEC 10-Q filed Jul 28, 2026