- JSM reported a **core loss per share of $0.84** and **adjusted earnings per share of $0.29** for Q3 2025, providing a Q4 outlook of **$0.30 to $0.35** per share.  **[0001593538_2211262_3]** 
- The company recorded a **$168 million provision**, with **$151 million** allocated to previously originated loans due to credit trends and lower prepayment activity, which also contributed to an approximate **$195 million** increase in projected life-of-loan cash flows.  **[0001593538_2211262_2]** **[0001593538_2211262_3]** 
- Total loan originations in the Consumer Lending segment increased **58%** year-over-year to **$788 million**, primarily driven by **over 100% growth in refi originations**.  **[0001593538_2211262_3]**  Full-year total loan originations guidance was raised to **around $2.4 billion**, exceeding initial guidance by **over 30%**.  **[0001593538_2211262_3]** 
- JSM surpassed its initial **$400 million** run-rate expense reduction target from January 2024, with total core expenses declining **$93 million** to **$109 million** year-over-year.  **[0001593538_2211262_2]** **[0001593538_2211262_4]** 
- The company returned **$42 million** to shareholders through dividends and the repurchase of **2 million shares** at an average price of **$13.19**.  **[0001593538_2211262_4]**

JSM Reports Q3 2025 Adjusted EPS of $0.29, Raises Loan Origination Guidance, and Exceeds Expense Reduction Target

- JSM reported a **Core Earnings per Share of $(0.84)** and an **Adjusted Core Earnings per Share of $0.29** for Q3 2025, reflecting significant items such as a **$(1.17)** impact from provision on previous originations.  **[0001593538_2210492:0]** 
- The company is on track to **exceed its original operating expense reduction target of $400 million** and has **reduced employee headcount by over 80%** from year-end 2023 through Q3 2025 as part of its Phase 1 strategic actions, which included divesting business processing divisions.  **[0001593538_2210492:0]** **[0001593538_2210492:1]** **[0001593538_2210492:2]** **[0001593538_2210492:3]** 
- JSM announced a **new share repurchase authority of $100 million** and distributed **$42 million** to shareholders in Q3 2025 through dividends and share repurchases.  **[0001593538_2210492:0]** **[0001593538_2210492:8]** 
- The total education loan portfolio stands at **$44 billion**, with projected undiscounted cash flows of **$5.1 billion through the end of 2029** and **$12.2 billion over 20 years**.  **[0001593538_2210492:20]**

Navient Reports Q3 2025 Results, Exceeds Expense Reduction Target, and Authorizes New Share Repurchase

- Navient reported a **Q3 2025 adjusted earnings per share of $0.29** and provided **Q4 2025 guidance of $0.30 to $0.35 per share**.  **[0001593538_2216088_3]** 
- The company exceeded its initial **$400 million** run-rate expense reduction target set in January 2024, with total core expenses declining by **$93 million** year-over-year to **$109 million**.  **[0001593538_2216088_2]** **[0001593538_2216088_4]** 
- Projected life-of-loan cash flows increased by approximately **$195 million**, primarily due to lowered prepayment rate assumptions, which added **$280 million** in expected future cash flows.  **[0001593538_2216088_2]** 
- A provision expense of **$168 million** was recorded, with **$151 million** related to previously originated loans, reflecting continued credit trends and lower prepayment activity.  **[0001593538_2216088_3]** 
- Navient achieved strong loan origination growth in Q3 2025, with total originations increasing **58%** year-over-year to **$788 million**, and raised its full-year total loan originations guidance to around **$2.4 billion**.  **[0001593538_2216088_3]**

Navient Reports Q3 2025 Adjusted EPS, Raises Loan Origination Guidance, and Exceeds Expense Reduction Target

- Navient reported **Q3 2025 core earnings per share of $0.29** and announced a new **$100 million share repurchase authorization**.  **[0001593538_2216429_1]** 
- The company achieved significant loan growth, with Earnest origination volume **doubling year over year to approximately $800 million** in Q3 2025, including **$528 million in Refi loans** and **$260 million in in-school lending**.  **[0001593538_2216429_1]**  Full-year total loan originations guidance was raised to **around $2.4 billion**, over **30% higher** than initial guidance.  **[0001593538_2216429_3]** 
- Navient is on track to **exceed its initial $400 million run-rate expense reduction target** ahead of schedule, expecting to remove **over 90%** of this target by the end of 2025.  **[0001593538_2216429_2]**  Total core expenses for the quarter declined by **$93 million-$109 million** compared to a year ago.  **[0001593538_2216429_4]** 
- Expected life of loan cash flows increased by approximately **$195 million**, primarily due to lower prepayment rate assumptions, despite an increase in net Life of Loan charge-offs of **$151 million**.  **[0001593538_2216429_2]** 
- The company provided a **Q4 2025 guidance range of $0.30-$0.35 per share**.  **[0001593538_2216429_3]**

Company not found (JSM)