secwatch.observer — SEC 8-K summary
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Issuer:     SLM Corp (SLM)
CIK:        0001032033
Form:       8-K
Filed at:   2025-04-24T23:59:59+00:00
Accession:  0001628280-25-019700
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1032033/000162828025019700/0001628280-25-019700-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1032033/000162828025019700/slm-20250424.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-019700

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