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Phase 2 Strategy Update

Navient (NAV) | November 19, 2025

By Rachel Baker

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Navient's presentation provides forward-looking statements and non-GAAP financial measures for the company.

The company highlights risks and uncertainties that could impact actual results compared to the projections.

Management emphasizes the importance of strategic initiatives and synergies for future growth.

Forward-Looking Statements

Management presents forward-looking projections and hypothetical business models in the filing.

Risk Factors

The filing discusses various risk factors including economic conditions, regulatory changes, and funding availability.

Non-GAAP Financial Measures

Navient reports financial results on a GAAP basis and provides non-GAAP performance measures like Core Earnings and Adjusted Tangible Equity Ratio.

  • The company outlines factors that could potentially affect their financial performance, highlighting the importance of managing liquidity risk and access.
  • Navient's use of derivatives exposes them to credit and market risks, which need to be effectively managed for financial stability.

Navient's Phase 2 Strategy Update filing indicates a forward-looking approach to managing risks and pursuing strategic initiatives for growth and financial stability.