Investor Presentaiton
Navient is Focused on Cost Efficiency
Industry-leading Efficiency
Innovative financing reduces interest expense,
maximizing cashflow and shareholder value
✓ Continue to drive strong margins through capital-
efficient fee businesses, leveraging our scaled
infrastructure and technical expertise
Continuously Rationalizing Our Expense Base
Focused on reducing expenses and improving
efficiency across our businesses
Delivering significant efficiency gains and migrating
to a more variable expense structure
Stable Efficiency Ratio While Managing An Amortizing Portfolio
$95
47%
49%
48%
$87
$81
Efficiency Initiatives Have Reduced Gross Expenses
3% Decline
$945
$920
2018
2020
2019
Efficiency Ratio
2018
2019
2020
Total Gross Loans ($ billions)
2019
2020
Comparable Core Earnings Total Expenses ($ in millions)
"Adjusted" and "Comparable" expenses are non-GAAP financial measures. By using these measures, management can make better short-term and long-term decisions related to expense management and allocation.
© 2021 Navient Solutions, LLC. All rights reserved.
6View entire presentation