For the quarter ending 2025-09-30, JSM had -$205M decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Total interest income | 2,361 | - |
| Total interest expense | 1,961 | - |
| Net interest income (loss) | 400 | - |
| Less provisions for loan losses | 169 | - |
| Net interest income (loss) after provisions for loan losses | 164 | - |
| Total other income (loss) | 73 | - |
| Total operating expenses | 333 | - |
| Goodwill and acquired intangible asset impairment and amortization | 0 | - |
| Restructuring/other reorganization expenses | 6 | - |
| Total expenses | 341 | - |
| Income (loss) before income tax expense (benefit) | -104 | - |
| Income tax expense (benefit) | -29 | - |
| Net income (loss) | -86 | 11 |
| (gain) on sale of subsidiary | 0 | - |
| Goodwill and acquired intangible asset impairment and amortization expense | 0 | 2 |
| Stock-based compensation expense | 4 | 12 |
| Mark-to-market (gains) losses on derivative and hedging activities, net | -16 | -93 |
| Provisions for loan losses | 169 | 67 |
| Decrease in accrued interest receivable | -4 | -72 |
| (decrease) in accrued interest payable | -37 | -4 |
| (increase) decrease in other assets | 10 | 3 |
| (decrease) in other liabilities | 10 | -53 |
| Total adjustments | 156 | 186 |
| Net cash provided by operating activities | 70 | 197 |
| Education loans originated and acquired | 687 | 1,103 |
| Proceeds from payments on education loans | 1,261 | 2,460 |
| Other investing activities, net | 15 | -24 |
| Disposal of subsidiaries, net of cash and restricted cash disposed of | 0 | 25 |
| Net cash provided by investing activities | 559 | 1,406 |
| Borrowings collateralized by loans in trust - issued | 541 | 1,081 |
| Borrowings collateralized by loans in trust - repaid | 1,537 | 2,430 |
| Asset-backed commercial paper conduits, net-Asset Backed Securities Securitized Loans And Receivables | 195 | -160 |
| Long-term unsecured notes issued | 0 | 495 |
| Long-term unsecured notes repaid | 0 | 554 |
| Other financing activities, net | 9 | 30 |
| Common stock repurchased | 26 | 59 |
| Common dividends paid | 16 | 32 |
| Net cash used in financing activities | -834 | -1,629 |
| Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents | -205 | -26 |
| Cash and cash equivalents at beginning of period | 2,103 | - |
| Cash and cash equivalents at end of period | 1,872 | - |
NAVIENT CORP (JSM)
NAVIENT CORP (JSM)