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Navient (FRA:10D) Allowance For Loans And Lease Losses : €-684 Mil (As of Mar. 2024)


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What is Navient Allowance For Loans And Lease Losses?

Navient's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was €-684 Mil.

Navient's quarterly Allowance For Loans And Lease Losses increased from Sep. 2023 (€-792 Mil) to Dec. 2023 (€-763 Mil) and increased from Dec. 2023 (€-763 Mil) to Mar. 2024 (€-684 Mil).

Navient's annual Allowance For Loans And Lease Losses increased from Dec. 2021 (€-1,125 Mil) to Dec. 2022 (€-965 Mil) and increased from Dec. 2022 (€-965 Mil) to Dec. 2023 (€-763 Mil).


Navient Allowance For Loans And Lease Losses Historical Data

The historical data trend for Navient's Allowance For Loans And Lease Losses 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 Allowance For Loans And Lease Losses Chart

Navient Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,000.80 -1,131.89 -1,124.84 -964.77 -762.94

Navient Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Allowance For Loans And Lease Losses Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -859.28 -791.01 -791.77 -762.94 -684.48

Navient Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.


Navient Allowance For Loans And Lease Losses Related Terms

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Navient (FRA:10D) Business Description

Industry
Traded in Other Exchanges
Address
123 Justison Street, Wilmington, DE, USA, 19801
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.

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