Navient Corporation (NASDAQ:NAVI) Q4 2024 Results Conference Call January 29, 2025 8:00 AM ET

Company Participants

Jen Earyes - Head of Investor Relations
David Yowan - Chief Executive Officer
Edward Bramson - Vice Chair of Board of Directors
Joe Fisher - Chief Financial Officer

Conference Call Participants

Sanjay Sakhrani - KBW
Bill Ryan - Seaport Research
Rick Shane - JPMorgan
Moshe Orenbuch - TD Cowen
Nate Richam - Bank of America
Terry Ma - Barclays
Jeff Adelson - Morgan Stanley
Mark DeVries - Deutsche Bank
Ryan Shelley - Bank of America

Operator

Ladies and gentlemen, thank you for standing by, and welcome to Navient's Fourth Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would like now to turn the conference over to Jen Earyes, Head of Investor Relations. Please go ahead.

Jen Earyes

Hello. Good morning, and welcome to the Navient earnings call for the fourth quarter of 2024. With me today are David Yowan, Navient’s CEO; Edward Bramson, Vice Chair of the Navient Board of Directors; and Joe Fisher, Navient’s CFO. Navient has updates to share with you this morning and has posted two separate presentations that will be referred to during this call. Both are available on navient.com/investors.

First, we will refer to the January 2025 strategy update presentation posted on our website. Then, we will move to discuss the fourth quarter results and outlook for 2025. During this portion, we will refer to the fourth quarter 2024 earnings presentation, which you'll also find posted to our website. After the prepared remarks, we will open up the call for questions.

Before we begin, keep in mind our discussion will contain predictions, expectations, forward-looking