Earnings ·
Navient Corporation reported second-quarter 2026 financial results, posting GAAP net income of $25 million ($0.26…
NAVINavient Corp
Navient Corporation reported second-quarter 2026 financial results, posting GAAP net income of $25 million ($0.26 diluted EPS) and Core Earnings net income of $27 million ($0.29 diluted EPS). The Consumer Lending segment originated $815 million in Private Education Loans, a 63% increase year-over-year, while Federal Education Loan segment net income was $26 million. Operating expenses declined 18% to $82 million. Capital activities included repurchasing $2 million of common shares and paying $15 million in common stock dividends. Navient operates in the education finance industry, providing private student lending, loan servicing, and portfolio management.