{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-107378","form_type":"8-K","ticker":"NAVI","cik":"0001593538","company_name":"NAVIENT CORP","filed_at":"2024-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.136692+00:00","generated_at":"2026-06-03T09:37:41.432311+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Navient Q1 GAAP net income $73M ($0.64 EPS); $12M CFPB accrual and $9M loan premium write-off","bullets":["GAAP net income $73M ($0.64 diluted EPS); Core earnings $54M ($0.47 diluted EPS).","Pre-tax income reduced by $23M from regulatory/restructuring expenses ($14M, including $12M CFPB accrual) and FFELP loan premium write-off ($9M).","FFELP loan prepayments surged to $1.6B vs $700M year-ago quarter.","Repurchased $43M of common shares; $247M remaining authority; paid $18M dividends.","CEO: nearing final outsourcing agreement for student loan servicing; expects to decide on divestiture of business processing division."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-107378","json":"https://secwatch.observer/filing/0001193125-24-107378.json","markdown":"https://secwatch.observer/filing/0001193125-24-107378.md","text":"https://secwatch.observer/filing/0001193125-24-107378.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1593538/000119312524107378/0001193125-24-107378-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1593538/000119312524107378/d809944d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T09:37:41.432311+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":"d72abb18e709f473f299a12d8a44e6c752a847b0","claim":"NAVIENT CORP reported first-quarter 2024 results: net income $73 million ($0.64 diluted earnings per share), EPS $0.64 diluted earnings per share.","evidence_excerpt":"NAVIENT REPORTS FIRST-QUARTER 2024 FINANCIAL RESULTS HERNDON, Va., April 24, 2024 — Navient (Nasdaq: NAVI) today released its first-quarter 2024 financial results. OVERALL RESULTS • GAAP net income of $73 million ($0.64 diluted earnings per share).","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1593538/000119312524107378/0001193125-24-107378-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first-quarter 2024"},{"label":"Net income","value":"$73 million ($0.64 diluted earnings per share)"},{"label":"EPS","value":"$0.64 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"}