Navient sees FY26 core EPS 65c-80c, total loan originations $4B

Navient (NAVI) says it will “overdeliver” on its initial expense reduction target and eliminate more than $400M in annual expense. Navient says it enters 2026 with a materially lower expense base, significantly greater flexibility, and a cost structure purpose-built to support growth, profitability, and sustainable shareholder value. Sees FY26 total expenses of $350M. The outlook reflects current expectations and does not incorporate potential unforeseen macroeconomic shifts or additional credit deterioration. The outlook does not include regulatory or restructuring costs for 2026. Comments taken from investor presentation slides.