By Elias Schisgall

Navient's stock retreated after the company swung to a loss in the fourth quarter.

Shares were down 10% to $10.82 late Wednesday morning. The stock has fallen 24% in the past 52 weeks.

The financial services company on Wednesday posted a loss of $5 million, or 6 cents a share, compared with a profit of $24 million, or 22 cents a share, a year earlier.

The company reported that its core earnings, which are adjusted to remove mark-to-market gains and losses and accounting for goodwill or acquired intangible assets, were $2 million, or 2 cents a share. Analysts were expecting 31 cents a share.

The company incurred a charge of $14 million, or 11 cents a share, in regulatory and restructuring expenses, it said.

Net interest income fell to $118 million, down from $135 million a year ago.

Provisions for loan losses fell slightly to $44 million, down from $45 million.

The company said it expects core earnings of between 65 cents and 80 cents a share in 2026.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

January 28, 2026 11:39 ET (16:39 GMT)

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