SLM Corp reported the quarter ended March 31, 2026 results: EPS $1.54. Guidance raised.
“$1.54 GAAP Diluted Earnings Per Common Share 5% Private Education Loan Originations Growth from Year-Ago Quarter $89M Net Charge-Offs $171M Non-Interest Expenses “Our first quarter results underscore the strength and durability of our strategy and franchise.”
Material Agreements
SLM Corp entered into Agreement with Goldman Sachs & Co. LLC valued at $200 million (effective 2026-03-09).
“On March 9, 2026, SLM Corporation (the “Company”) entered into an accelerated share repurchase agreement with Goldman Sachs & Co. LLC ("Goldman Sachs") under which the Company will purchase $200 million of its own outstanding common stock, par value $0.20 per share (the "Common Stock").”
Robert S. Strong departed as Director at SLM Corp.
“On April 21, 2025, Robert S. Strong, a director of the Company and the Bank, notified the Company he will retire from the Company’s Board on June 17, 2025, the date of the Company’s next annual meeting of stockholders.”
Gary Millerchip was appointed as Director at SLM Corp.
“On April 23, 2025, the Board of Directors (the “Board”) of SLM Corporation (the “Company”) appointed Dr. Daniel Greenstein and Mr. Gary Millerchip as directors of the Company, effective April 23, 2025.”
Daniel Greenstein was appointed as Director at SLM Corp.
“On April 23, 2025, the Board of Directors (the “Board”) of SLM Corporation (the “Company”) appointed Dr. Daniel Greenstein and Mr. Gary Millerchip as directors of the Company, effective April 23, 2025.”
Henry F. Greig was appointed as director at SLM Corp.
“On January 12, 2025, the Board of Directors (the “Board”) of SLM Corporation (the “Company”) appointed Henry F. Greig as a director of the Company, effective January 12, 2025.”
Samuel T. Ramsey resigned as Director at SLM Corp.
“On September 3, 2024, Samuel T. Ramsey, a member of the Board of Directors (the “Board”) of SLM Corporation (the “Company”), notified the Company of his decision to resign as a director of the Company effective immediately.”
Earnings Releases
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.
“On April 24, 2024, SLM Corporation (the “Company”) reported its financial results for the quarter ended March 31, 2024.”
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