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Sallie Mae Q1 Earnings & Revenues Beat Estimates, Expenses Decline
SLMSalliemae(SLM) ZACKS·2025-04-25 18:10

Sallie Mae (SLM) reported first-quarter 2025 earnings per share of 1.40,whichoutpacedtheZacksConsensusEstimateof1.40, which outpaced the Zacks Consensus Estimate of 1.19. The bottom line increased from the prior-year quarter’s 1.27.Thequarterlyresultswereprimarilyaidedbyariseinnon−interestincome,robustloanoriginationsandlowernon−interestexpenses.However,higherprovisionsforcreditlossesandafallinnetinterestincome(NII)negativelyimpactedSLM’sresults.Thecompany’sGAAPnetincomewas1.27.The quarterly results were primarily aided by a rise in non-interest income, robust loan originations and lower non-interest expenses. However, higher provisions for credit losses and a fall in net interest income (NII) negatively impacted SLM’s results.The company’s GAAP net income was 305 million compared with $290 mi ...