Navient reports Q4 core EPS 2c vs. (24c) last year

GAAP and Core Earnings results included: $43M provision for loan losses in the Consumer Lending segment. Of the $43M, $9M relates to originations with the remaining $34M primarily reflecting our macroeconomic outlook and a response to fourth-quarter delinquency trends within our legacy Private Education Loan portfolio. $14M of regulatory and restructuring expenses. “Our fourth quarter and full-year performance demonstrates our ability to achieve high-quality loan growth and continue to reduce operating expenses,” said David Yowan, president and CEO of Navient (NAVI). “Investments in capabilities at Earnest and over delivering on our expense reduction targets position us as a more strategically focused, efficient, and flexible company. Our 2026 outlook invests in further loan growth and product expansion with strong operating leverage.”