{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-115633","form_type":"8-K","ticker":"NAVI","cik":"0001593538","company_name":"NAVIENT CORP","filed_at":"2023-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.575350+00:00","generated_at":"2026-06-16T12:54:45.855189+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Navient Q1: GAAP EPS $0.86, Adj. Core EPS $1.06; $85M share repurchase","bullets":["GAAP net income $111M ($0.86 diluted EPS); Core Earnings $133M ($1.02 diluted EPS); Adjusted Core EPS $1.06.","Federal Education Loans net income $87M; Consumer Lending net income $110M on $168M originations.","Business Processing revenue $72M, net income $4M, EBITDA $5M.","Repurchased $85M of shares; $515M repurchase authority remains; paid $21M dividends; retired $1B unsecured debt.","Pre-tax $14M reduction in provisions for loan losses from new accounting standard and bankruptcy resolution."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-115633","json":"https://secwatch.observer/filing/0001193125-23-115633.json","markdown":"https://secwatch.observer/filing/0001193125-23-115633.md","text":"https://secwatch.observer/filing/0001193125-23-115633.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1593538/000119312523115633/0001193125-23-115633-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1593538/000119312523115633/d477124d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T12:54:45.855189+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cb04b949bc9acc4b61f5fa9a6374c51a46f0c46a","claim":"NAVIENT CORP reported the quarter ended March 31, 2023 results: net income $111 million, EPS $0.86 diluted earnings per share.","evidence_excerpt":"OVERALL RESULTS • GAAP net income of $111 million ($0.86 diluted earnings per share).","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1593538/000119312523115633/0001193125-23-115633-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Net income","value":"$111 million"},{"label":"EPS","value":"$0.86 diluted earnings per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}