Earnings summaries and quarterly performance for SLM.
Executive leadership at SLM.
Jonathan Witter
Detailed
Chief Executive Officer
CEO
Kerri Palmer
Detailed
Executive Vice President and Chief Operational Officer; President, Sallie Mae Bank
Munish Pahwa
Detailed
Executive Vice President and Chief Risk Officer
Nicolas Jafarieh
Detailed
Executive Vice President and Chief Legal, Government Affairs, and Communications Officer
Peter Graham
Detailed
Executive Vice President, Chief Financial Officer and Treasurer
Board of directors at SLM.
Christopher Leech
Detailed
Director
Daniel Greenstein
Detailed
Director
Gary Millerchip
Detailed
Director
Henry Greig
Detailed
Director
Janaki Akella
Detailed
Director
Jim Matheson
Detailed
Director
Kirsten Wolberg
Detailed
Director
Mark Lavelle
Detailed
Director
Mary Franke
Detailed
Chair of the Board
R. Scott Blackley
Detailed
Director
Ted Manvitz
Detailed
Director
Vivian Schneck-Last
Detailed
Director
Research analysts who have asked questions during SLM earnings calls.
Jeffrey Adelson
Morgan Stanley
6 questions for SLM
Also covers: ALLY, AXP, BFH +6 more
Mark DeVries
Deutsche Bank
6 questions for SLM
Also covers: ALLY, AXP, BUR +8 more
Terry Ma
Barclays
6 questions for SLM
Also covers: AER, AL, AXP +15 more
Moshe Orenbuch
TD Cowen
5 questions for SLM
Also covers: AER, AFRM, AL +11 more
Sanjay Sakhrani
Keefe, Bruyette & Woods (KBW)
5 questions for SLM
Also covers: ALLY, AVDX, AXP +17 more
Jon Arfstrom
RBC Capital Markets
4 questions for SLM
Also covers: ALLY, ASB, BFH +24 more
Richard Shane
JPMorgan Chase & Co.
4 questions for SLM
Also covers: ABR, ACRE, ACT +19 more
Giuliano Bologna
Compass Point Research & Trading LLC
3 questions for SLM
Also covers: AFRM, FIP, FTAI +2 more
John Hecht
Jefferies
3 questions for SLM
Also covers: AFRM, ARCC, CACC +22 more
Michael Kaye
Wells Fargo & Company
3 questions for SLM
Also covers: BETR, GWRE, OMF +1 more
Caroline Lauda
Bank of America
2 questions for SLM
Don Fandetti
Wells Fargo
2 questions for SLM
Also covers: BXMT, RWT, SYF
Nathaniel Richam-Odoi
Bank of America
2 questions for SLM
Also covers: NAVI
Rick Shane
JPMorgan Chase & Co.
2 questions for SLM
Also covers: ABR, AXP, BXMT +5 more
Giuliano Anderes-Bologna
Compass Point
1 question for SLM
Also covers: AFRM, AGO, COOP +7 more
Recent press releases and 8-K filings for SLM.
SLM Corporation Announces Q3 2025 Financial Results and Full-Year 2025 Guidance
SLM
Earnings
Guidance Update
Share Buyback
- SLM Corporation reported GAAP Net Income attributable to common stock of $132 million and GAAP diluted earnings per common share of $0.63 for Q3 2025.
- The company's Net Interest Margin was 5.18% for Q3 2025, an increase of 18 basis points from Q3 2024.
- Private Education Loan Originations reached $2.9 billion in Q3 2025, marking a 6% growth from the year-ago quarter.
- SLM repurchased 5.6 million shares in Q3 2025 at an average price of $29.45 per share, with $138 million of capacity remaining under the repurchase program authorization as of September 30, 2025.
- For the full year 2025, the company expects GAAP Diluted Earnings Per Common Share to be between $3.35 and $3.45.
Nov 17, 2025, 2:00 PM
Sallie Mae Launches Strategic Partnership with KKR
SLM
New Projects/Investments
Revenue Acceleration/Inflection
- Sallie Mae (SLM) has announced a multi-year strategic partnership with KKR, a global investment firm, effective November 12, 2025.
- Through this engagement, KKR expects to purchase an initial seed portfolio of private education loans and a minimum of $2 billion in newly originated private education loans annually for an initial three-year term.
- This partnership is anticipated to strengthen Sallie Mae’s loan originations capacity and its ability to serve students and families.
- Sallie Mae will maintain customer relationships and retain servicing for the loans sold to KKR, earning ongoing fees for these services.
- Jon Witter, CEO of Sallie Mae, stated that the partnership is expected to "unlock the potential for off-balance sheet capital efficiency, create a more resilient, capital-light, and consistent earnings profile".
Nov 12, 2025, 2:32 PM
SLM Corporation Announces Q3 2025 Financial Results
SLM
Earnings
Share Buyback
Dividends
- SLM Corporation reported GAAP net income attributable to common stock of $132 million and diluted earnings per common share of $0.63 for Q3 2025, with a Return on Common Equity (ROCE) of 24.3%.
- Private Education Loan Originations increased to $2.9 billion in Q3 2025 from $2.8 billion in the prior year quarter, and the company sold $1.9 billion in Private Education Loans during the quarter.
- The provision for credit losses was $179 million in Q3 2025, a decrease from Q3 2024, primarily due to a $119 million release from a loan sale. Net charge-offs were 1.95% of average loans in repayment (annualized) for Q3 2025.
- The company paid a $0.13 common stock dividend per share and repurchased 5.6 million shares in Q3 2025, with $138 million remaining under the share repurchase authorization as of September 30, 2025.
Nov 3, 2025, 9:30 PM
Sallie Mae Reports Q3 2025 Results and Updates Full-Year Guidance
SLM
Earnings
Guidance Update
Share Buyback
- Sallie Mae reported GAAP diluted EPS of $0.63 per share for the third quarter of 2025.
- Loan originations for Q3 2025 were $2.9 billion, representing 6.4% growth over the year-ago quarter.
- The company completed the previously announced sale of approximately $1.9 billion in loans, generating $136 million in gains.
- Sallie Mae repurchased 5.6 million shares at an average price of $29.45 per share during the third quarter.
- The GAAP earnings per common share guidance for 2025 was updated to $3.20-$3.30, reflecting the anticipated impact of loan sales and associated provision release.
Oct 23, 2025, 9:30 PM
SLM Reports Q3 2025 Results, Updates Full-Year Guidance
SLM
Earnings
Guidance Update
Share Buyback
- SLM reported Q3 2025 GAAP diluted EPS of $0.63 per share and achieved loan originations of $2.9 billion, representing 6.4% growth over the year-ago quarter.
- The company completed a $1.9 billion loan sale, generating $136 million in gains, and repurchased 5.6 million shares at an average price of $29.45 per share during the quarter.
- Net interest income for Q3 2025 was $373 million with a net interest margin of 5.18%. The provision for credit losses was $179 million, benefiting from a $119 million release due to the loan sale.
- SLM updated its 2025 GAAP earnings per common share guidance to between $3.20 and $3.30, primarily reflecting a provision release from designating loans as held for sale. The company is also exploring alternative funding partnerships and is optimistic about opportunities from federal reforms like Plus Reform.
Oct 23, 2025, 9:30 PM
Silicon Light Machines announces partnership with Infleqtion
SLM
New Projects/Investments
- Infleqtion and Silicon Light Machines (SLM) have formed a strategic partnership to integrate SLM's MEMS Displacement Phase Modulator (DPM™) technology into Infleqtion’s neutral atom quantum computing systems.
- This collaboration aims to enhance operating speed and unlock faster neutral atom quantum computer runtimes, which is critical for advanced quantum applications and enabling quantum computer scaling.
- SLM's silicon-germanium (SiGe) MEMS technology integrates high-speed, non-contact piston phase modulators onto CMOS drivers to improve performance and reliability.
- Infleqtion, the partner in this collaboration, plans to go public via a merger with Churchill Capital Corp X (NASDAQ: CCCX).
Oct 9, 2025, 1:00 PM
SLM Corporation Reports Q2 2025 Financial Results
SLM
Earnings
Share Buyback
Dividends
- SLM Corporation reported GAAP net income attributable to common stock of $67 million and diluted earnings per common share of $0.32 for Q2 2025. The Return on Common Equity (ROCE) for the quarter was 12.6%.
- Private Education Loan Originations in Q2 2025 were $686 million, comparable to the year-ago quarter.
- The company repurchased 2.4 million shares at an average price of $29.46 per share in Q2 2025, with $302 million remaining under the repurchase authorization as of June 30, 2025. A common stock dividend of $0.13 per share was paid in Q2 2025.
- The provision for credit losses in Q2 2025 was $149 million, and Private Education Loan net charge-offs were $94 million, or 2.36% of average loans in repayment (annualized).
Aug 11, 2025, 12:00 AM
Sallie Mae and Adtalem Global Education Sign Letter of Intent for Student Financing Model
SLM
New Projects/Investments
Product Launch
- Sallie Mae and Adtalem Global Education have signed a Letter of Intent to explore alternative financing solutions for healthcare students.
- This initiative aims to establish an alternative financing framework as the federal Grad PLUS loan program phases out beginning July 1, 2026.
- The planned program is expected to include deferred repayment options and degree-specific terms for healthcare education.
- The companies anticipate finalizing a definitive agreement and announcing financing products in the coming months.
Aug 6, 2025, 11:00 AM
SLM Corporation Announces Q2 2025 Financial Results
SLM
Earnings
Guidance Update
Share Buyback
- SLM Corporation reported GAAP diluted earnings per common share of $0.32 and GAAP Net Income attributable to common stock of $67 million for Q2 2025.
- Private Education Loan Originations in Q2 2025 were $686 million, which was comparable to the year-ago quarter.
- The company repurchased 2.4 million shares in Q2 2025 at an average price of $29.46 per share, with $302 million of capacity remaining under the repurchase program authorization as of June 30, 2025.
- For the full year 2025, SLM expects GAAP Diluted Earnings Per Common Share of $3.00 - $3.10.
Jul 24, 2025, 9:30 PM
SLM Corp Outlines Strategic Evolution at Morgan Stanley Conference 2025
SLM
Guidance Update
New Projects/Investments
- SLM detailed its hybrid growth and capital return strategy—targeting mid- to high single-digit organic earnings growth and double-digit EPS improvement—through modest balance sheet expansion and robust loan sale execution.
- The company is preparing for imminent federal student loan reform, positioning itself to leverage private market opportunities while maintaining rigorous underwriting and credit quality standards.
- Strategic priorities include expanding alternative funding sources, investing in technology to drive operating leverage, and enhancing its education services business to support fee‐based revenue growth.
Jun 10, 2025, 3:03 PM
Quarterly earnings call transcripts for SLM.
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