---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-019700"
form_type: "8-K"
ticker: "SLM"
cik: "0001032033"
company_name: "SLM Corp"
filed_at: "2025-04-24T23:59:59+00:00"
generated_at: "2026-05-23T06:36:47.956315+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sallie Mae Q1 GAAP EPS $1.40, originations up 7%, reaffirms FY2025 guidance

## Summary
- 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%.

## SEC filing metadata
- accession: 0001628280-25-019700
- form_type: 8-K
- ticker: SLM
- cik: 0001032033
- company_name: SLM Corp
- filed_at: 2025-04-24T23:59:59+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/1032033/000162828025019700/0001628280-25-019700-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1032033/000162828025019700/slm-20250424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-019700
- JSON: https://secwatch.observer/filing/0001628280-25-019700.json
- Plain text: https://secwatch.observer/filing/0001628280-25-019700.txt

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