Salliemae(US:SLM)2025-07-24 21:30Financial Performance - GAAP Net Income attributable to common stock was $67 million in Q2 2025[10] - GAAP diluted earnings per common share was $0.32 in Q2 2025[11] - Net interest margin for Q2 2025 was 5.31%, a decrease of 5 basis points from Q2 2024[10] - Total non-interest expenses in Q2 2025 were $167 million, compared to $159 million in the year-ago quarter[11] - Return on Common Equity for Q2 2025 was 12.6%[8] Balance Sheet & Capital Allocation - Private Education Loan Originations were $686 million in Q2 2025, compared to $691 million in the year-ago quarter[7] - 2.4 million shares were repurchased in Q2 2025 at an average price of $29.46 per share[9] - $0.13 common stock dividend per share was paid in Q2 2025[7] Credit Performance - Private Education Loan net charge-offs for Q2 2025 were $94 million, representing 2.36% of average loans in repayment (annualized), compared with 2.19% in Q2 2024[20] - The provision for credit losses was $149 million in Q2 2025[18] - 3.5% of Private Education Loans were delinquent 30+ days as of June 30, 2025[19] Funding & Liquidity - Deposit portfolio balances at the end of Q2 2025 were 1% lower than at the end of Q2 2024[15]