Sallie Mae delivered a solid performance in Q4 2025, with net income of $229 million and EPS of $1.12. Loan originations and sales remained strong, while efficiency improved. The company continued to return capital to shareholders through dividends and repurchases.

Sallie Mae (SLM) posted a strong Q3 2025 with GAAP net income of $132 million and diluted EPS of $0.63. Net interest margin improved to 5.18%, and private education loan originations grew to $2.9 billion, supported by disciplined expense management and credit performance improvements.

Sallie Mae posted $67 million in net income for Q2 2025, supported by a 5.31% net interest margin and steady private education loan originations despite higher provisions for credit losses.

Sallie Mae delivered a solid Q1 2025, with $301 million in net income and $656 million in revenue. EPS was strong at $1.40, supported by increased gains on loan sales and a stable credit performance amid macroeconomic caution.

Sallie Mae reported a strong start to 2024 with GAAP diluted earnings per common share of $1.27. The company saw 6% growth in private education loan originations and executed a $2.1 billion loan sale. Credit performance trends were encouraging, contributing to the positive performance.

Sallie Mae reported a GAAP net income attributable to common stock of $164 million, or $0.72 per diluted share, for the fourth quarter of 2023. Private education loan originations reached $839 million, up 2% year-over-year. The company's board approved a new $650 million share repurchase program, reflecting a commitment to shareholder returns.

Sallie Mae reported strong third-quarter results, driven by a successful peak season and solid credit performance. GAAP net income attributable to common stock was $25 million, or $0.11 per diluted share. Private education loan originations increased 4% year-over-year to $2.5 billion.

Sallie Mae reported strong second-quarter results driven by a focus on maximizing the profitability of its core business. The company executed a successful loan sale and share buyback, and continued to innovate with the transaction with Scholly.

Sallie Mae reported a strong first quarter in 2023, marked by the highest level of loan originations in the company's history. The company's balance sheet and liquidity position are solid, and credit performance is improving.

Sallie Mae reported a GAAP net loss attributable to common stock of $81 million, or $0.33 loss per share, for the fourth quarter of 2022. This was influenced by a $297 million provision for credit losses and a $60 million write-down of an investment. Despite the loss, net interest income increased by 4% and private education loan originations rose by 11%.

Sallie Mae reported third-quarter GAAP net income attributable to common stock of $73 million, or $0.29 per diluted share. Private education loan originations increased 13 percent from the year-ago quarter to $2.4 billion. The company completed $1.0 billion in private education loan sales during the quarter, resulting in a $75 million gain.

Sallie Mae reported a strong second quarter with GAAP net income of $340 million, up 144% year-over-year. The results were driven by a $240 million gain on the sale of $2.1 billion in private education loans. The company is raising its originations expectations and updating EPS and charge-off guidance.

Sallie Mae reported strong first-quarter results with a GAAP net income of $128 million, or $0.45 per diluted share. Private education loan originations increased by 6% year-over-year to $2.2 billion. The company also repurchased $176 million of common stock during the quarter.

Sallie Mae reported a GAAP net income attributable to common stock of $305 million, or $1.04 per diluted share, and a non-GAAP "Core Earnings" net income attributable to common stock of $306 million, or $1.05 per diluted share for the fourth quarter of 2021. The company also repurchased 14 million shares of common stock and paid a dividend of $0.11 per share.

Sallie Mae reported a decrease in GAAP net income of 57% to $73 million. Private education loan originations increased by 10% to $2.1 billion. The board approved a $250 million increase to the share repurchase program and declared a common stock dividend for Q4 2021 of $0.11 per share.

Sallie Mae reported a strong second quarter in 2021, with GAAP net income of $139 million, or $0.44 per diluted share, and core earnings of $144 million, or $0.45 per diluted share. The company originated $533 million in private education loans and repurchased 23 million shares of common stock, reducing the total common stock outstanding by 19% since the beginning of the year.

Sallie Mae reported a strong first quarter, exceeding expectations with GAAP net income of $640 million and core earnings of $648 million. The results were driven by core business fundamentals, including loan originations, loan performance, loan sales, and expense management. The company also executed on its capital return program through loan sales and share repurchases.

Sallie Mae reported a GAAP Net Income Attributable to Common Stock of $431 million, or $1.13 per diluted share, and a “Core Earnings” Net Income Attributable to Common Stock of $440 million, or $1.15 per diluted share for Q4 2020.

Sallie Mae reported a GAAP net income attributable to common stock of $169 million, or $0.45 per diluted share, and "Core Earnings" attributable to common stock of $179 million, or $0.47 per diluted share. The company initiated a restructuring program focused on improving operational efficiencies and recorded a $24 million restructuring charge. $1.9 billion in private education loans were originated during the quarter, and the personal loan portfolio was sold as part of a continued focus on the core business.

Sallie Mae reported second-quarter 2020 financial results, with a GAAP loss per share of $0.23. This loss was primarily driven by a $243 million increase to the provision for credit losses, which was allocated for the estimated future economic impacts of COVID-19. The company originated $497 million in private education loans during the quarter, and the private education loan portfolio totaled $19.8 billion at the end of the quarter.

Sallie Mae reported a GAAP net income attributable to common stock of $359 million, or $0.87 per diluted share, for the first quarter of 2020. Private education loan originations increased by 8 percent year-over-year to $2.3 billion. The company completed $3.1 billion in loan sales and entered into a $525 million accelerated share repurchase agreement. Due to economic uncertainties resulting from COVID-19, the company has withdrawn guidance for 2020.

Sallie Mae reported a GAAP net income attributable to common stock of $137 million, or $0.32 per diluted share, for the fourth quarter of 2019. The company plans $3 billion of private education loan sales to fund expected $600 million in share repurchases in 2020.