Comenity Bank
Wilmington, Delaware, New Castle County
$7.4B in total assets, the 220th largest of 4,309 US banks and 7th of 25 headquartered in Delaware.
- FDIC certificate
- 27499
- Established
- 1989
- Owned by
- No holding company
- Primary regulator
- FDIC
- Website
- savings.breadfinancial.com
At a glance
Compared with 901 US banks with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $7.4B | 94% | $2.0B | |
| Loans | $6.3B | 97% | $1.4B | |
| Deposits | $4.0B | 86% | $1.7B | |
| Return on assets | 4.98% | 98% | 1.23% | |
| Net interest margin | 21.93% | 98% | 3.71% | |
| Efficiency ratio | 49.8% | 22% | 59.1% | |
| Equity to assets | 13.82% | 89% | 10.38% | |
| Loans to deposits | 158% | 98% | 88% |
Growth
Total assets grew -4.2% a year over the last 5 years and -3.4% a year over 10 years, without acquisitions.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Oct 2009 | Spirit of America National Bank Milford, OH | $36M |
Where they operate
1 branch in 1 county.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| New Castle County, DE | $4.0B | 0.9% | 7 of 27 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
No change since 2016. The bank has operated 1 branch throughout, with none opened, acquired, closed or sold.
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Consumer | 100% | 4% | |
| Construction and land | 0% | 8% | |
| Farmland | 0% | 3% | |
| 1-4 family residential | 0% | 25% | |
| Multifamily | 0% | 8% | |
| Commercial real estate | 0% | 32% | |
| Business (C&I) | 0% | 14% | |
| Agricultural | 0% | 2% | |
| Other | 0% | 3% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 57% | 52% | |
| Time deposits | 42% | 27% | |
| Noninterest-bearing | 1% | 21% |
Brokered deposits are 99.1% of deposits (peers 6.0%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 3.24% | 0.51% |
| Net charge-offs, annualized | 6.38% | 0.04% |
| Reserves to loans | 11.56% | 1.15% |
| Leverage ratio | 13.38% | 10.52% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Delaware
Largest competitors in New Castle County, DE
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/comenity