secwatch.observer — SEC 8-K summary
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Issuer:     NAVIENT CORP (NAVI)
CIK:        0001593538
Form:       8-K
Filed at:   2023-01-24T23:59:59+00:00
Accession:  0001193125-23-014217
Event type: earnings
Sentiment:  positive
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Navient Q4 GAAP net income $105M ($0.78 EPS); adjusted EPS $0.85, full-year EPS $4.49
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- GAAP net income of $105M ($0.78 diluted EPS); Adjusted Core EPS $0.85; Core EPS $0.76.
- Full-year 2022 GAAP net income $645M ($4.49 diluted EPS); Adjusted Core EPS $3.43.
- Federal Education Loans net income $97M; Consumer Lending net income $84M, originations $169M; Business Processing EBITDA $8M.
- Repurchased $85M of common shares; $600M repurchase authority remains; paid $21M dividends.
- Adjusted Core Earnings expenses $185M; restructuring expenses $12M, regulatory expenses $2M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1593538/000119312523014217/0001193125-23-014217-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1593538/000119312523014217/d404855d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-014217

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer