Bread Financial Holdings, Inc. (BFH) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to the Bread Financial fourth quarter 2025 earnings conference call. My name is Kevin and I'll be coordinating your call today. At this time, all parties have been placed on listen-only mode. Following today's presentation, the floor will be open for your questions. To register a question, please press star 1-1. It is now my pleasure to introduce Mr. Brian Verab, head of investor relations at Bread Financial. The floor is yours. Thank you. Copies of the slides we will be reviewing and the earnings release can be found on the investor relations section of our website at brettfinancial.com. On the call today, we have Ralph Vendretta, President and Chief Executive Officer, and Perry Bieberman, Executive Vice President and Chief Financial Officer. Before we begin, I would like to remind you that some of the comments made on today's call and some of the responses to your questions may contain forward-looking statements. These statements are based on management's current expectations and assumptions and are subject to the risks and uncertainties described in the company's earnings release and other filings with the SEC. Also on today's call, our speakers will reference certain non-GAAP financial measures, which we believe will provide useful information for investors. Reconciliation of those measures to GAAP are included in our quarterly earnings materials posted on our Investor Relations website. With that, I would like to turn the call over to Ralph Andretta. Thank you, Brian, and good morning to everyone joining the call. Today, Bread Financial reported strong fourth quarter and full year 2025 results in line with our expectations. Starting with our 2025 financial achievements on slide two, we are proud of the progress we have made executing on ...