secwatch.observer — SEC 8-K summary
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Issuer:     SLM Corp (SLM)
CIK:        0001032033
Form:       8-K
Filed at:   2025-10-23T23:59:59+00:00
Accession:  0001032033-25-000032
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1032033/000103203325000032/0001032033-25-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1032033/000103203325000032/slm-20251023.htm
  HTML page:      https://secwatch.observer/filing/0001032033-25-000032

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer