Detail akcie Navient online

Business Summary: Navient Corporation provides technology-enabled education finance and business processing solutions. The Company operates through three segments: Federal Education Loans, Consumer Lending and Business Processing. In the Federal Education Loans segment, it owns Federal Family Education Loan Program (FFELP) loans and performs servicing on this portfolio. It also service FFELP Loans owned by other institutions. In the Consumer Lending segment, it owns originates and services in-school and refinance Private Education Loans. In the Business Processing segment, it provides business processing solutions, such as omnichannel contact center services, workflow processing, and revenue cycle optimization. It offers solutions to federal agencies, state governments, tolling and parking authorities, and other public sector clients. The Company's clients include hospitals, hospital systems, medical centers, large physician groups, other healthcare providers and public health departments.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Navient Corp revenues decreased 19% to $1.18B. Net income decreased 65% to $228M. Revenues reflect Federal Education Loans segment decrease of 8% to $480M, Consumer Lending segment decrease of 2% to $580M. Net income also reflects Gains (losses) on derivative and hedging decrease of 94% to $11M (income), Total operating expenses increase of 20% to $399M (expense). Dividend per share remained flat at $0.64.