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Bread Financial Holdings Inc

$ 37.58 -0.43 (-1.13%) 08:08 PM EST
On watch
P/E:
5.02
P/B:
0.78
Market Cap:
$ 1.87B
Enterprise V:
$ 7.10B
Volume:
408.88K
Avg Vol (2M):
1.04M
Also Trade In:
Volume:
408.88K
Market Cap $:
1.87B
PE Ratio:
5.02
Avg Vol (2-Month):
1.04M
Enterprise Value $:
7.10B
PB Ratio:
0.78

Business Description

Description
Formed by a combination of JCPenney's credit card processing unit and The Limited's credit card bank business, Bread Financial is a provider of private label and co-branded credit cards, loyalty programs, and marketing services. The company's most financially significant unit is its credit card business that partners with retailers to jointly market Bread's credit cards to their customers. The company also retains minority interest in its recently spun-off LoyaltyOne division, which operates the largest airline miles loyalty program in Canada and offers marketing services to grocery chains in Europe and Asia.