Nov 12, 2025 4:30 PM Eastern Standard Time Sallie Mae to Host Investor Forum on Dec. 8 Share Webcast and Conference Call Scheduled for Monday, Dec. 8 at 5 p.m. ET NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM), formally SLM Corporation, will host an investor forum on Monday, Dec. 8, 2025 at 5 p.m. ET. A live audio webcast and presentation slides will be available at SallieMae.com/investors and the hosting website. Investors should log in at least 15 minutes prior to the broadcast. For those dialing ...

Nov 12, 2025 9:30 AM Eastern Standard Time Sallie Mae Launches Private Credit Strategic Partnership with KKR Share Inaugural Multi-Year Engagement to Expand Originations Capacity and Generate Fee Income NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae, the leader in private student lending, has announced a multi- year strategic partnership with KKR, a leading global investment firm. Through this multi-year engagement, KKR expects to purchase an initial seed portfolio of private education loans followed by a minimu ...

Core Insights - SLM Corporation is considered one of the most undervalued financial stocks by Wall Street analysts [1] - The company is shifting its strategy to focus on issuing high-quality student loans rather than merely increasing its loan volume [2] Group 1: Strategic Shift - SLM has lowered its origination growth target to 5-6%, prioritizing higher credit quality over loan volume growth [2] - The company is tightening its credit standards, resulting in higher quality loans despite a slight increase in early delinquencies [2] Group 2: Market Opportunities - Legislative changes in Grad PLUS and Parent PLUS loans present a market opportunity valued between $4.5 billion to $5 billion [3] - These products target borrowers with stronger credit, aligning with SLM's risk appetite [3] - SLM is pursuing private credit funding partnerships to create capital-light, fee-based revenue streams [3] Group 3: Company Overview - SLM Corporation operates as Sallie Mae Bank, focusing on originating, servicing, and managing private education loans for various educational purposes across the United States [4]

Core Insights - Navient reported second-quarter 2025 adjusted earnings per share (EPS) of 21 cents, missing the Zacks Consensus Estimate of 29 cents and down from 48 cents in the prior-year quarter [2] - The company's GAAP net income was $14 million compared to $36 million in the prior-year quarter [3] - The decline in net interest income (NII) and higher provisions for loan losses were significant factors affecting performance [2][4] Financial Performance - NII decreased by 3.7% year over year to $131 million, missing estimates by 9.2% [4] - Total other income fell 76.1% year over year to $28 million [4] - Provision for loan losses increased to $37 million from $14 million in the prior-year quarter [4] - Total expenses decreased by 45.4% year over year to $101 million [4] Segment Performance - Federal Education Loans segment generated a net income of $30 million, up 7.1% year over year [5] - Consumer Lending segment reported a net income of $26 million, down 56.7% from the year-ago quarter [5] - The private education loan delinquency rate greater than 30 days increased to 6.4% from 5.2% in the prior-year quarter [5] Liquidity and Capital Management - As of June 30, 2025, the company had $712 million in total unrestricted cash and liquid investments [8] - In the second quarter, Navient paid $16 million in common stock dividends and repurchased shares for $35 million [9] 2025 Outlook - Core EPS is now expected to be in the range of $0.95–$1.05, down from the previous range of $1.00–$1.20 [10] - FFELP segment NIM is now expected to be 55–65 basis points, an increase from the previous guidance of 45–60 basis points [10] - Full-year loan originations are now expected to be between $1.8 billion and $2.2 billion, compared to earlier expectations of 30% growth [11] Market Sentiment - Since the earnings release, there has been a downward trend in estimates revision, with a consensus estimate shift of -8.74% [12] - Navient has a subpar Growth Score of D and a value score of B, resulting in an aggregate VGM Score of D [13] - The stock has a Zacks Rank 4 (Sell), indicating expectations of below-average returns in the coming months [14] Industry Comparison - Navient belongs to the Zacks Financial - Consumer Loans industry, where Capital One has gained 5.7% over the past month [15] - Capital One reported revenues of $12.49 billion, representing a year-over-year change of +31.4% [15] - The overall direction of estimate revisions for Capital One translates into a Zacks Rank 2 (Buy) [17]

Core Insights - Navient Corporation (NAVI) reported second-quarter 2025 adjusted earnings per share (EPS) of 21 cents, missing the Zacks Consensus Estimate of 29 cents and down from 48 cents in the prior-year quarter [1][8] - The results were impacted by a decrease in net interest income (NII) and other income, alongside higher provisions for loan losses, although lower expenses provided some support [2][10] Financial Performance - Navient's GAAP net income was $14 million, compared to $36 million in the prior-year quarter [2] - NII declined 3.7% year over year to $131 million, missing the Zacks Consensus Estimate by 9.2% [3] - Total other income decreased 76.1% year over year to $28 million [3] - Provision for loan losses increased to $37 million from $14 million in the prior-year quarter [3] - Total expenses decreased 45.4% year over year to $101 million [3][8] Segment Performance - Federal Education Loans segment generated a net income of $30 million, up 7.1% year over year, with net FFELP loans at $29.6 billion, down 2.1% sequentially [4] - Consumer Lending segment reported a net income of $26 million, down 56.7% from the year-ago quarter, with a private education loan delinquency rate greater than 30 days at 6.4%, compared to 5.2% in the prior-year quarter [4] - As of June 30, 2025, private education loans were $15.5 billion, a decrease of 1% from the prior quarter [5] Liquidity and Capital Management - As of June 30, 2025, the company had $712 million in total unrestricted cash and liquid investments [7] - To meet liquidity needs, NAVI plans to utilize various sources, including cash, investment portfolio, and operating cash flows, and may draw down on secured loan facilities or issue additional debt [6] Capital Distribution Activities - In the second quarter, the company paid $16 million in common stock dividends and repurchased shares for $35 million, with $52 million remaining in share-repurchase authority as of June 30, 2025 [9]