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A plan released Wednesday by the Consumer Financial Protection Bureau was more aggressive than anticipated, leading to share price declines at Synchrony Financial, Capital One and Bread Financial. "This skews toward the worst-case scenario," one analyst wrote.
The company reported its seventh consecutive quarter of record adjusted net revenue.
US equities were hammered in 2022 amid the broader market downturn, rising inflation and the Federal Reserve’s rate-hike spree.
The company reported its seventh consecutive quarter of record adjusted net revenue.
Operator: Ladies and gentlemen, thank you for standing by. Welcome to the Navient Fourth Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.