Sallie Mae Q4 Earnings & Revenues Miss Estimates, Expenses Rise

Sallie Mae (SLM) reported fourth-quarter 2024 earnings per share of 50 cents, which missed the Zacks Consensus Estimate of 54 cents. The bottom line decreased from the prior-year quarter’s 72 cents. Find the latest earnings estimates and surprises on the Zacks Earnings Calendar.A rise in non-interest expenses negatively impacted SLM’s results. However, lower provisions for credit losses and robust loan originations, along with a rise in net interest income (NII), acted as tailwinds.The company’s GAAP net in ...