---
schema_version: "secwatch.filing_event.v1"
accession: "0001032033-25-000032"
form_type: "8-K"
ticker: "SLM"
cik: "0001032033"
company_name: "SLM Corp"
filed_at: "2025-10-23T23:59:59+00:00"
generated_at: "2026-05-17T02:24:48.223426+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sallie Mae Q3 GAAP EPS $0.63; originations up 6% YoY, net charge-offs improve

## Summary
- GAAP diluted EPS of $0.63; net income attributable to common stock $132M.
- Private education loan originations grew 6% year-over-year.
- Net charge-offs as % of average loans in repayment (annualized) fell to 1.95% from 2.08%.
- Net interest margin expanded 18 bps to 5.18%; provision for credit losses $179M vs $267M a year ago.
- Full-year 2025 guidance affirmed: EPS $3.20-$3.30, originations growth 5%-6%, charge-offs 2.0%-2.2%.

## SEC filing metadata
- accession: 0001032033-25-000032
- form_type: 8-K
- ticker: SLM
- cik: 0001032033
- company_name: SLM Corp
- filed_at: 2025-10-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1032033/000103203325000032/0001032033-25-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1032033/000103203325000032/slm-20251023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001032033-25-000032
- JSON: https://secwatch.observer/filing/0001032033-25-000032.json
- Plain text: https://secwatch.observer/filing/0001032033-25-000032.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.