Navient (Navient) Other Assets for Banks : $532 Mil (As of Mar. 2024)

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What is Navient Other Assets for Banks?

Navient's quarterly other assets (bank) increased from Sep. 2023 ($502 Mil) to Dec. 2023 ($548 Mil) but then declined from Dec. 2023 ($548 Mil) to Mar. 2024 ($532 Mil).

Navient's annual other assets (bank) declined from Dec. 2021 ($719 Mil) to Dec. 2022 ($546 Mil) but then increased from Dec. 2022 ($546 Mil) to Dec. 2023 ($548 Mil).

Navient Other Assets for Banks Historical Data

The historical data trend for Navient's Other Assets for Banks can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Navient Other Assets for Banks Chart

Navient Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Assets for Banks

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870.00

871.00

719.00

546.00

548.00

Navient Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Assets for Banks	Get a 7-Day Free Trial															555.00	543.00	502.00	548.00	532.00

Navient Other Assets for Banks Calculation

Banks frequently group a variety of accounts as other assets on their balance sheets. Banks must report several of these accounts, such as investment in unconsolidated subsidiaries, customer liability on outstanding acceptances, and intangible assets as separate line items on Call Reports.

Navient (Navient) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Navient Corp (NAS:NAVI) » Definitions » Other Assets for Banks

Comparable Companies

Traded in Other Exchanges

10D:Germany

Address

123 Justison Street, Wilmington, DE, USA, 19801

Website

https://www.navient.com

Navient Corp is a financial services company that provides education loan management and business processing services to education, healthcare, and government clients at the federal, state, and local levels. The company operates in Delaware, western New York, northern Pennsylvania, Indiana, Tennessee, Texas, and Virginia, among other locations. The company has three primary reportable business segments: Federal Education Loans, Consumer Lending and Business Processing. The company's fourth and other segment relates to financial results of the company's holding company, including activities related to repurchases of debt, corporate liquidity portfolio, and unallocated overhead and regulatory-related costs.

Executives

John M Kane	officer: Chief Operating Officer	300 CONTINENTAL DRIVE, NEWARK DE 19713
Mark L Heleen	officer: EVP & Chief Legal Officer	12061 BLUEMONT WAY, RESTON VA 20190
Stephen M Hauber	officer: SVP, Chief Risk&Compliance Off	123 S JUSTISON STREET, SUITE 300, WILMINGTON DE 19801
Newbury Investors Llc	10 percent owner	135 EAST 57TH STREET, NEW YORK NY 10022
Edward J Bramson	10 percent owner	SHERBORNE INVESTORS MANAGEMENT LP, 135 EAST 57TH STREET, NEW YORK NY 10022
Sherborne Investors Gp, Llc	10 percent owner	135 EAST 57TH STREET, NEW YORK NY 10022
Stephen Welker	10 percent owner	SHERBORNE INVESTORS MANAGEMENT LP, 135 EAST 57TH STREET, NEW YORK NY 10022
Sherborne Investors Lp	10 percent owner	135 E. 57TH STREET, 32ND FLOOR, NEW YORK NY 10022
Sherborne Investors Management Gp, Llc	10 percent owner	135 E. 57TH STREET, 32ND FLOOR, NEW YORK NY 10022
Sherborne Investors Management Lp	10 percent owner	135 E. 57TH STREET, 32ND FLOOR, NEW YORK NY 10022
Michael A Lawson	director	123 JUSTISON STREET, WILMINGTON DE 19801
Joe Fisher	officer: EVP, CFO & PAO	123 JUSTISON STREET, WILMINGTON DE 19801
Anna Escobedo Cabral	director	300 CONTINENTAL DRIVE, NEWARK DE 19713
John F Remondi	director, officer: Chief Executive Officer	300 CONTINENTAL DRIVE, NEWARK DE 19713
Ted A Morris	officer: Acting Chief Financial Officer	123 S. JUSTISON STREET, WILMINGTON DE 19801