Bread Financial Holdings, Inc. · NYSE:BFH
Bread Financial — Alliance Data Systems — Goldman Sachs 2020 US Financial Services Conference
12 slides from Bread Financial's conference presentation, Dec 8, 2020
Slide 1: Alliance Data Goldman Sachs 2020 US Financial Services Conference
Alliance Data Goldman Sachs 2020 US Financial Services ConferenceDecember 8, 2020Ralph Andretta – President & CEOVal Greer – Chief Commercial Officer Tim King – EVP & CFO Exhibit 99.1
Slide 2: Forward-Looking Statements
Forward-Looking StatementsThis presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements give our expectations or forecasts of future events and can generally be
Slide 3: Agenda
Agenda Presentation (15 minutes)Ralph Andretta – President & CEO Opening Remarks 2020 Action Items Card Services Business Update Card Services 4Q20 UpdateVal Greer – Chief Commercial Officer Brand Partner Framework Business Enhancement Highlights Strategic Acquisition of BreadFireside chat with Ralp
Slide 4: Alliance Data Overview
Leader in payment and lending solutions Branded private label and cobrand credit card programs with over 40 million active cardmembersDiversified across growing verticals, including beauty, pet, and homeBrand-centric programs supported by data and analytics, digital capabilities, and our balanced ri
Slide 5: 2020 Action Items
Expand digital offeringsEnhanced Digital SuitePOS payment solutionsTechnology flexibility & upgradesCore processing platformEnhance data & analyticsPrudent Balance Sheet Management Associate safety & healthRecession readiness planRight-size expense baseDisciplined risk management Review partner econ
Slide 6: Card Services Business Update
Card Services Business UpdateCredit sales continue to gradually recover from pandemic lows 6 The more measured sales recovery and lower pandemic-related 2020 new account acquisition are expected to continue to pressure YoY Card Services A/R growth in 2021 New account volume was down 44% & 29% year-o
Slide 7: Card Services 4Q20 Update
7 Card Services 4Q20 UpdateContinued progress on the execution of our strategic initiatives Credit sales and Card Services A/R improving on a sequential basis as seasonal holiday spend ramps up Card Services gross yields expected to remain near the 3Q20 rangeOperating expenses expected to increase s
Slide 8: Val Greer – Chief Commercial Officer
Val Greer – Chief Commercial Officer
Slide 9: Brand Partner Framework
9 Brand Partner FrameworkBrand-centric approach with partnership based on growth and profitability From a tier-based strategy… … to strategic decisions based on performance MaintainKey material partners, likely to face future performance headwinds Improve Programs with low performance in portfolio I
Slide 10: Business Enhancement Highlights
Flexible platform enables seamless addition of new products and capabilitiesOperational and technology efficiencies through leading technologyEnables focus and investment on market differentiators Business Enhancement HighlightsProduct and technology enhancements to support growth and digital accele
Slide 11: Strategic Acquisition of Bread
11 Bread’s talented team of ~200 associates joined Alliance DataBread’s development team will focus on current priorities and partners as well as spearheading a new digital innovation hub in NYC, driving ADS digital initiatives Expand product suite with existing ADS partners to capture larger share
Slide 12: Questions & Answers
Questions & Answers
Alliance Data Systems — Goldman Sachs 2020 US Financial Services Conference on 6ix