Slm Corporation ( (SLM) ) has released its Q1 earnings. Here is a breakdown of the information Slm Corporation presented to its investors.
Sallie Mae, formally known as SLM Corporation, is a leading private student lending company that provides financing and resources to support access to higher education. The company is not affiliated with any U.S. government agency.
In its first-quarter 2025 financial results, Sallie Mae reported a robust performance, reaffirming its full-year guidance. The company highlighted a strong start to the year, with stable credit performance and positive trends in its core business operations.
Key financial metrics from the report include a GAAP diluted earnings per common share of $1.40, a 7% growth in private education loan originations from the previous year, and a net income attributable to common stock of $301 million. The company also repurchased 1 million shares for $31 million and reported a total net charge-off rate of 1.88% as a percentage of average loans in repayment. Additionally, Sallie Mae’s net interest margin stood at 5.27%, with a total risk-based capital ratio of 12.9%.
Looking ahead, Sallie Mae remains cautiously optimistic about its performance for the rest of 2025, despite the evolving macroeconomic environment. The management believes that the company’s disciplined strategy and stable credit performance will enable it to meet its financial guidance for the year.