Nov. 20 at 4:10 PM
Navient's fintech pivot: Can
$NAVI's Earnest strategy drive growth?
Phase 2 focuses on scaling Earnest into a high-growth, capital-efficient digital lender
Projected to generate
$219M in revenues and
$75M in operating profit by 2025, with over 375,000 customer relationships and 40,000 new ones by 2026
Originations expected to soar from
$971M in 2023 to
$2.4B by 2025
See if NAVI's transformation is a game-changer 👉 https://www.zacks.com/stock/news/2793740/navi-unveils-high-growth-phase-2-strategy-focuses-on-scaling-earnest?cid=sm-stocktwits-2-2793740-body-21871&ADID=SYND_STOCKTWITS_TWEET_2_2793740_BODY_21871