---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-002391"
form_type: "8-K"
ticker: "SLM"
cik: "0001032033"
company_name: "SLM Corp"
filed_at: "2025-01-23T23:59:59+00:00"
generated_at: "2026-05-27T12:54:59.729842+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sallie Mae Q4 GAAP EPS $0.50; full-year 2024 EPS $2.68; guides 2025 EPS $3.00-$3.10

## Summary
- Full-year 2024 GAAP diluted EPS $2.68; Q4 EPS $0.50; originations up 10% YoY (17% in Q4).
- 2025 guidance: EPS $3.00-$3.10, originations growth 6-8%, net charge-offs 2.0-2.2% of avg loans in repayment.
- Net charge-offs 2.20% of avg loans in repayment in 2024; Q4 net charge-offs $93M (2.38% annualized).
- Net interest margin 4.92% in Q4, down 45 bps YoY; provisions $108M vs $16M in Q4 2023.
- Repurchased 11.6M shares for $250M in 2024; $402M remaining under buyback program as of Dec 31, 2024.

## SEC filing metadata
- accession: 0001628280-25-002391
- form_type: 8-K
- ticker: SLM
- cik: 0001032033
- company_name: SLM Corp
- filed_at: 2025-01-23T23:59:59+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/1032033/000162828025002391/0001628280-25-002391-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1032033/000162828025002391/slm-20250123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-002391
- JSON: https://secwatch.observer/filing/0001628280-25-002391.json
- Plain text: https://secwatch.observer/filing/0001628280-25-002391.txt

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