Navient Corporation (NAVI) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Please stand by, your meeting is about to begin. Good day and welcome to the Navient second quarter 2026 earnings conference call. This call is being recorded. Currently all participants are in a listen only mode. Following the remarks, we will conduct a question and answer session. Instructions will be given at that time. If anyone should require assistance during the call, Please press the star key followed by zero on your telephone keypad. At this time, I will turn the call over to Roger Yancoup, Navient's Treasurer and Head of Investor Relations. Please go ahead. Roger Yancoup Hello. Good afternoon and welcome to Navient's earnings call for the second quarter of 2026. Joining me today are Ed Bramson, Navient's Chief Executive Officer and Chair of the Board, and Steve Hauber, Navient's Chief Financial Officer. After Ed and Steve's prepared remarks, we will open up the call for questions. Today's discussion is accompanied by a presentation, which you can find on Navient.com slash investors. Before we begin, keep in mind our discussion will contain predictions, expectations, forward-looking statements, and other information about our business that is based on management's current expectations as of the date of the presentation. Actual results in the future may differ materially from those discussed today due to a variety of risks and uncertainties. Listeners should refer to the discussion of those factors on the company's Form 10-K and other filings with the SEC. During this conference call, we will refer to certain non-GAAP financial measures, including core earnings, adjusted tangible equity ratio, and various other non-GAAP financial measures derived from core earnings. Our GAAP results, description of our non-GAAP financial measures, and a reconciliation of core...