Navient Corp (NAS:NAVI)
$ 14.22 0.02 (0.14%) Market Cap: 1.53 Bil Enterprise Value: 49.75 Bil PE Ratio: 20.61 PB Ratio: 0.57 GF Score: 62/100

Navient Corp at Credit Suisse Financial Services Forum Transcript

Feb 17, 2022 / 01:00PM GMT
Release Date Price: $18.19 (-4.26%)
Moshe Ari Orenbuch;dit Suisse AG
CrÃ;Research Division - MD and Equity Research Analyst

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So good morning, everyone, and welcome to our 23rd Annual Financial Services Conference here at Credit Suisse, and we're thrilled to be back in person. I'm Moshe Orenbuch. I cover the specialty finance sector here. And very pleased to have with us the management of Navient. I've said this each of the last 7 years or so, but I'm very proud to say that the creation of Navient, the separation of Navient and Sallie Mae from the old Sallie Mae was first announced at this conference and I feel like we've been a part of that.

Navient has been a leader in student loan consolidation, has reentered the student loan market. It recently -- always had a focus on returning capital to shareholders, has recently increased that focus and has been leveraging its expertise in its fee-based servicing businesses as well. Jack Remondi is with us. He is the CEO of Navient. He was the CFO of the predecessor company, Sallie Mae, then became COO and CEO of the old Sallie Mae and has been the CEO of Navient

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