Navient

About Navient

Navient Corp. engages in the provision of asset management and business processing solutions for education, healthcare and government clients at the federal, state and local levels. It operates through the following segments: Federal Education Loans, Consumer Lending, Business Processing, and Other. The Federal Education Loans segment owns FFELP Loans and performs servicing and asset recovery services on FFELP Loan portfolio. The Consumer Lending segment owns, originates, acquires and services high-quality private education loans. The Business Processing segment engages in the provision of government and healthcare services. The Other segment consists of corporate liquidity portfolio, gains and losses incurred on the repurchase of debt, unallocated expenses of shared services and restructuring/other reorganization expenses. The company was founded in 1973 and is headquartered in Herndon, VA.

Founded

1973

CEO

Mr. Edward J. Bramson

Employees

670

Headquarters

Herndon, Virginia, United States of America

Fiscal year end

12-31

Website

navient.com

Company profile

Exchange

US

Symbol

NAVI

Market-cap rank

#3368

Market cap

854.37M

Float cap

572.79M

Shares out

93.78M

Float shares

62.88M

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