{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-017665","form_type":"8-K","ticker":"SLM","cik":"0001032033","company_name":"SLM Corp","filed_at":"2024-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.946918+00:00","generated_at":"2026-06-03T09:15:26.174050+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Sallie Mae reports Q1 GAAP EPS $1.27, net income $285M; guides FY24 EPS $2.60-$2.70","bullets":["GAAP diluted EPS $1.27, net income $285M; net interest margin 5.49%, down 21 bps YoY.","Private education loan originations grew 6% YoY; $2.1B loan sale in Q1.","Provision for credit losses $12M vs $113M a year ago; net charge-offs 2.14% annualized.","FY24 guidance: EPS $2.60-$2.70, originations growth 7-8%, NCOs 2.2-2.4%, non-interest expenses $635-655M.","$27M share repurchases in Q1 (1.3M shares); $623M remaining under 2024 repurchase program."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-017665","json":"https://secwatch.observer/filing/0001628280-24-017665.json","markdown":"https://secwatch.observer/filing/0001628280-24-017665.md","text":"https://secwatch.observer/filing/0001628280-24-017665.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1032033/000162828024017665/0001628280-24-017665-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1032033/000162828024017665/slm-20240424.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T09:15:26.174050+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"af2fca533f89b9364c0ef318516c8712affdf2b7","claim":"SLM Corp reported the quarter ended March 31, 2024 results: net income $285M GAAP Net Income attributable to common stock in Q1 2024, EPS $1.27 GAAP Diluted Earnings Per Common Share. Guidance reaffirmed.","evidence_excerpt":"On April 24, 2024, SLM Corporation (the “Company”) reported its financial results for the quarter ended March 31, 2024.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1032033/000162828024017665/0001628280-24-017665-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Net income","value":"$285M GAAP Net Income attributable to common stock in Q1 2024"},{"label":"EPS","value":"$1.27 GAAP Diluted Earnings Per Common Share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}