BFHBread Financial Holdings, Inc.
Is the business good?
The checks split: margins widening, but returns that lean on debt.
Operating margin has widened over the past few years, the business is getting more profitable per dollar of sales.
Leverage-amplified, a high assets-to-equity ratio does much of the work. ROE 16% = margin × turnover × leverage.
All from derived.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
Customers and suppliers
Who buys from BFH and who it buys from, as the companies report it.
- Five largest credit card programs49%
Combined share of revenue · FY2025 10-K
None disclosed.
A company has to disclose every customer behind 10% or more of its revenue. Each share comes from the latest annual report of the company that states it and shows on both companies’ pages; BFH’s own figures are from its FY2025 10-K. Smaller customers and suppliers go unreported.
Credit Services
The closest names by size in the same industry