Bread Financial Holdings's Total Assets for the quarter that ended in Dec. 2023 was $23,141 Mil.
During the past 12 months, Bread Financial Holdings's average Total Assets Growth Rate was -9.50% per year.
During the past 3 years, the average Total Assets Growth Rate was -0.20% per year.
During the past 5 years, the average Total Assets Growth Rate was -5.00% per year.
During the past 10 years, the average Total Assets Growth Rate was 1.60% per year.
During the past 13 years, Bread Financial Holdings's highest 3-Year average Total Assets Growth Rate was 30.40%. The lowest was -11.30%. And the median was 14.70%.
Total Assets is connected with ROA %. Bread Financial Holdings's annualizedROA % for the quarter that ended in Dec. 2023 was 0.77%. Total Assets is also linked to Revenue through Asset Turnover. Bread Financial Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.05.
Bread Financial Holdings Total Assets Historical Data
The historical data trend for Bread Financial Holdings's Total Assets can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Bread Financial Holdings's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Bread Financial Holdings (NYSE:BFH) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Dec. 2023) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Bread Financial Holdings's Asset Turnover for the quarter that ended in Dec. 2023 is
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Bread Financial Holdings Total Assets Related Terms
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Bread Financial Holdings (Bread Financial Holdings) Business 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.
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