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Navient NAVI Consumer Lending — Noninterest Expense

Other segment segments

All Other Segments
$28M-40.4%
Federal Education Loans
$15M-11.8%
Business Processing
$0

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$987K+3.8%
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FSBWHome Lending — Noninterest Expense
$4.69M-9.6%
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BOKFConsumer Banking — Noninterest Expense
$63.49M+10.9%

Other financials

Income statement

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Revenue$43.0M-46.9%
Net income$25.0M+78.6%
EPS (diluted)$0.26+100%

Balance sheet

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Cash & equivalents$770.0M+8.1%
Total debt$44.3B-5.9%
Total equity$3.0B+4.7%
Total assets$47.3B-5.8%

Cash flow

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Operating cash flow$143.0M+13.5%

Valuation

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Market cap$853.42M-31.2%
Enterprise value$44.42B-6.7%

Profitability

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Net margin48.3%

Returns & leverage

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Return on equity17.3%-4.8pp
Debt / equity21.3×-5.1×

Where this comes from

Reported directly by Navient in its filing.

Tagged under the XBRL concept us-gaap:NoninterestExpense.

The source filing: Navient’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:09 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-340245
(Dollars in millions)Total GAAPAdjustments / Reclassi-ficationsAdjustments / Additions/(Subtractions)Adjustments / Total Adjustments (1)Total Core EarningsReportable Segments / Consumer LendingReportable Segments / Federal Education LoansReportable Segments / Business ProcessingReportable Segments / Other
Unallocated shared services expenses2525
Operating expenses(2)8282421525
Goodwill and acquired intangible asset impairment and amortization
Restructuring/other reorganization expenses333
Total expenses8585421528
Income (loss) before income tax expense (benefit)39(3)(3)363533(32)
Income tax expense (benefit)(3)14(5)(5)987(6)
Net income (loss)$25$2$2$27$27$26$(26)

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FAQ

What is Navient's consumer lending — noninterest expense?
Navient (NAVI) reported consumer lending — noninterest expense of $42M in Q2 2026.
How has Navient's consumer lending — noninterest expense changed year-over-year?
Navient's consumer lending — noninterest expense increased by 16.7% year-over-year, from $36M to $42M.
What is the long-term trend for Navient's consumer lending — noninterest expense?
Over 4 years (2021 to 2025), Navient's consumer lending — noninterest expense has grown at a -2.4% compound annual growth rate (CAGR), from $163M to $148M.
What does consumer lending — noninterest expense mean?
Captures all operating costs incurred by the consumer lending segment excluding interest expense, such as personnel, technology, and administrative overhead. This metric is a primary indicator of the segment's operational efficiency and cost management discipline. A stable or declining ratio relative to revenue suggests effective scaling of the lending business.

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