Student loan repayments suspended in response to the pandemic are set to resume beginning in October.
This student lender could benefit from the resumption of student loan repayments.
An increase in credit costs and non-interest expenses and lower non-interest income hurt Capital One's (COF) Q1 earnings while higher NII offers some support.
An increase in NII on higher interest rates and robust loan originations, along with lower provisions for credit losses, drives Sallie Mae's (SLM) Q1 earnings.
The headline numbers for Navient (NAVI) give insight into how the company performed in the quarter ended March 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates...
A fall in core net interest income (NII) and total other income, as well as higher expenses, hinders Navient's (NAVI) first-quarter 2023 earnings. However, a decrease in expenses acts as a tailwind.
Navient (NAVI) delivered earnings and revenue surprises of 20.45% and 9.68%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Slow consumer loan growth and declining fee income are likely to have affected Navient's (NAVI) Q1 revenues. Also, rising costs due to technological investments are expected to have hindered its bottom-line...