Highest-materiality recent filing
SLM Corp issues $500M 6.495% Fixed-to-Floating Notes due 2032; proceeds for tender offer
Offering $500M aggregate principal of 6.495% Fixed-to-Floating Senior Notes due May 15, 2032.
Sallie Mae Q1 EPS $1.54 beats $1.40 YoY; raises FY2026 EPS guidance to $3.10-$3.20
Q1 GAAP diluted EPS $1.54 vs $1.40 YoY; full-year 2026 EPS guidance raised to $3.10-$3.20.
Sallie Mae Bank reaches indicative terms for potential $2B loan portfolio sale
CEO Jon Witter announces potential sale of ~$2B private education loan portfolio at RBC conference.
Sallie Mae enters $200M accelerated share repurchase; Q1 commitments ~$300M
$200M ASR agreement with Goldman Sachs; majority of shares expected shortly after execution.
Sallie Mae Q4 EPS $1.12, FY2025 EPS $3.46; guides FY2026 EPS $2.70-2.80; new $500M buyback
GAAP diluted EPS: Q4 $1.12, FY2025 $3.46; originations grew 6% YoY for FY2025.
Sallie Mae forms strategic private credit partnership with KKR; KKR to buy $2B+ loans annually
KKR will purchase an initial seed portfolio of private education loans, then minimum $2B in newly originated loans annually for three years.
Sallie Mae Q3 GAAP EPS $0.63; originations up 6% YoY, net charge-offs improve
GAAP diluted EPS of $0.63; net income attributable to common stock $132M.
Donna Vieira to resign as CCO on Dec 31, 2025 (or upon hiring new CCO) and retire as employee on April 3, 2026.
Sallie Mae Q2 GAAP EPS $0.32; originations $686M; full-year guidance reaffirmed $3.00-$3.10
GAAP net income $67M, diluted EPS $0.32; net interest margin 5.31%, down 5 bps YoY.
Sallie Mae Q1 GAAP EPS $1.40, originations up 7%, reaffirms FY2025 guidance
GAAP diluted EPS of $1.40 on net income of $301M in Q1 2025.
Sallie Mae Q4 GAAP EPS $0.50; full-year 2024 EPS $2.68; guides 2025 EPS $3.00-$3.10
Full-year 2024 GAAP diluted EPS $2.68; Q4 EPS $0.50; originations up 10% YoY (17% in Q4).
Sallie Mae reports Q3 GAAP net loss of $0.23/share; raises quarterly dividend to $0.13
GAAP net loss of $50M ($0.23 loss per share); originations grew 13% YoY.
Sallie Mae Q3 peak-season update: Applications +6%, originations +10% through Aug 31
QTD application growth of 6% vs same period 2023; 71% of applications are new to company.
GAAP diluted EPS $1.11; net interest margin 5.36%, down 16 bps YoY.
Sallie Mae reports Q1 GAAP EPS $1.27, net income $285M; guides FY24 EPS $2.60-$2.70
GAAP diluted EPS $1.27, net income $285M; net interest margin 5.49%, down 21 bps YoY.
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.
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.
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.
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.
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.
Max materiality 0.85 · Median 0.40 · Most common event other_material