earnings
confidence high
sentiment positive
materiality 0.75
Sallie Mae Q1 GAAP EPS $1.40, originations up 7%, reaffirms FY2025 guidance
SLM Corp
2025-Q1 EPS reported
$1.40
- GAAP diluted EPS of $1.40 on net income of $301M in Q1 2025.
- Private education loan originations grew 7% year-over-year.
- Net charge-offs improved to 1.88% (annualized) from 2.14% in Q1 2024.
- Gain on sale of loans was $188M, up $45M from Q1 2024.
- Reaffirms FY2025 guidance: GAAP EPS $3.00-$3.10, originations growth 6%-8%.