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SLM reports Q4 EPS 72c, consensus 89c
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SLM reports Q4 EPS 72c, consensus 89c

Reports Q4 net interest income, NII, $386M vs. $381M last year. Reports FY23 Private Education loan net charge-offs of 2.43%, down from 3.15% in year-ago period. “We continue to execute on our strategic priorities while delivering strong results. We meaningfully grew originations in 2023 and full-year credit performance was in line with our expectations. We also remain committed to shareholder return in 2024. All of which, we believe, aligns with our evolved investment thesis, and positions us well for future success,” said Jonathan Witter, CEO.

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