Comenity Bank
Major Rating Factors:
A current level of 16.4 percent of nonperforming loans to core capital combined with 16.1 percent from a year earlier contributes to the Weak asset quality (1.5). Operating profits as a percentage of assets at 6.2%, coupled with a return on assets of 4.6 has resulted in Excellent (9.0) profitability.
Other Rating Factors:
Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 17.9 and a capital leverage ratio of 15.3. A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (9.5 on a scale of 0 to 10).
Asset Mix:
Consumer loans (86%), cash (16%), securities (1%)
States with Branches:
DE
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Bread Financial Holdings, Inc.
Investment Rating
--
Address
One Righter Parkway
Wilmington, DE 19803
Wilmington, DE 19803
Phone Number
(302) 529-6140
Year Founded
1989
FDIC Number
Website
Largest Affiliates
Draper, UT
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Bank