Bread Financial Holdings Inc (BFH) has disclosed a new risk, in the Regulation category.
Bread Financial Holdings Inc. faces a substantial business risk with the impending CFPB regulation on credit card late fees. The proposed rule, which could slash the permissible late fee to $8 and abolish annual inflation adjustments, threatens to severely undercut Bread Financial’s revenue streams. If enacted, these changes would necessitate significant operational adjustments to mitigate revenue losses. The company’s ability to adapt effectively in the short and long term remains uncertain, potentially jeopardizing its financial stability and customer relationships.
Overall, Wall Street has a Hold consensus rating on BFH stock based on 3 Buys, 4 Sells and 7 Holds.
To learn more about Bread Financial Holdings Inc’s risk factors, click here.
