On the Record · Bread Financial Holdings

Bread Financial Holdings acquisitions, on the record

The businesses Bread Financial Holdings bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
BJ's portfolio Word for word“We previously announced the non-renewal of our contract with BJ's Wholesale Club (BJ's) and the sale of the BJ's portfolio, which closed in late February 2023.” 10-K for 2023	divestiture	late February 2023	—
former LoyaltyOne segment Word for word“Similarly, we may evaluate the potential disposition of, or elect to divest, assets or portfolios that no longer complement our long-term strategic objectives, as we did in November 2021, when we completed the spinoff of our LoyaltyOne segment.” 10-K for 2023	divestiture	November 2021	—
former Epsilon segment Word for word“For example, upon the disposition of Epsilon in July 2019, we agreed to indemnify Publicis Groupe S.A. for the matter included in Note 15, "Commitments and Contingencies" to the audited Consolidated Financial Statements, which has resulted in a $150 million charge associated with Epsilon's deferred prosecution agreement with the United States Department of Justice requiring two $75 million payments in January 2021 and January 2022, respectively.” 10-K for 2023	divestiture	July 2019	—
credit card loan portfolio Word for word“For the year ended December 31, 2023, the net cash provided by investing activities was primarily due to the sale of the BJ's portfolio, partially offset by the growth of Credit card and other loans, as well as the acquisition of a credit card loan portfolio.” 10-K for 2023	acquisition	—	—
BJ's Wholesale Club (BJ's) portfolio Word for word“We previously announced the non-renewal of our contract with BJ’s Wholesale Club (BJ’s) and the sale of the BJ’s portfolio, which closed in late February 2023.” 10-K for 2024	divestiture	late February 2023	—
credit card loan portfolio Word for word“We recognized a gain on sale in April 2024 that was subsequently adjusted during the second half of 2024 to recognize an incremental amount due to us under the purchase and sale agreement.” 10-K for 2024	divestiture	April 2024	—
LoyaltyOne segment Word for word“Similarly, we may evaluate the potential disposition of, or elect to divest, assets or portfolios that no longer complement our long-term strategic objectives, as we did in November 2021, when we completed the spinoff of our LoyaltyOne segment.” 10-K for 2024	divestiture	November 2021	—
business acquired (not named) Word for word“Depreciation and amortization decreased due to lower amortization for developed technology associated with an acquisition completed in late 2020.” 10-K for 2024	acquisition	late 2020	—
Comenity Bank (CB) with and into Comenity Capital Bank (CCB) Word for word“On December 17, 2025, we filed applications with the federal and respective state banking regulators for permission to merge CB with and into CCB, with CCB being the surviving entity.” 10-K for 2025	merger	—	—

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)	Cash received from selling businesses	Goodwill from acquisitions
2017-12-31	$945.6 million	—	—
2019-12-31	$7 million	$4.41 billion	$2.3 million
2020-12-31	$267 million	$27 million	$369.6 million
2021-12-31	$75 million	—	$0
2022-12-31	$0	—	$0
2023-12-31	$0	—	—

Deal filings since 2016

2026-09-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2026-02-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-11-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-10-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-03-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-03-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-10-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-07-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-01-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-12-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-12-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-06-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-06-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-12-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-03-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-12-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-11-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-11-08 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2021-07-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-09-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-04-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-12-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-07-05 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2019-04-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-04-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-11-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-06-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-03-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-12-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-10-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-06-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-04-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from Bread Financial Holdings’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-13. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.