$Navient (NAVI.US)$Revenue fluctuated and declined over the ...
$Navient(NAVI.US$Revenue fluctuated and declined over the past 5 years. The highest revenue point reached 2.2 billion in 2021. In the past two years, due to a sharp drop in credit loss reserves and asset sales gains, net profit was higher than in the previous two years.
The size of assets declined rapidly, from $10.6 billion in 2018 to $67.8 billion in 2022, and net loans fell from $94.6 billion to $62.3 billion, which limited the growth of interest income. Currently, the price-earnings ratio is 4 and the net price-earnings ratio is 0.76, which is not very attractive.
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