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 six months ended 30 June 2024, Navient Corp revenues decreased 22% to $440M. Net income decreased 38% to $109M. Revenues reflect Federal Education Loans segment decrease of 68% to $75M, Consumer Lending segment decrease of 12% to $260M. Net income also reflects provisions for loan losses increase from $3M (income) to $26M (expense). Dividend per share remained flat at $0.32.