earnings
confidence high
sentiment positive
materiality 0.60
Navient Q1 GAAP net loss $2M; Core EPS $0.25; refi originations double
NAVIENT CORP
2025-Q1 EPS reported
-$0.02
- GAAP net loss of $2M ($0.02 diluted loss); Core Earnings of $26M ($0.25 diluted EPS).
- Federal Education Loans net income $24M, NIM 0.61%; Consumer Lending net income $46M, NIM 2.76%, originated $508M.
- Sold remaining Business Processing (gov't services) in Feb 2025 for net $44M; segment discontinued.
- Repurchased $35M common shares; $76M authority left; paid $16M dividends; issued $550M ABS.
- Operating expenses $127M, incl $10M transition services; CEO says expense reduction accelerated.