SLM CORP PREF SHARE SLMA V0 P12/31/49 B | 10-Q: FY2025 Q2 Revenue: USD 656.76 M

Revenue: As of FY2025 Q2, the actual value is USD 656.76 M.

EPS: As of FY2025 Q2, the actual value is USD 0.32.

Segment Revenue

• Private Education Loans: Total Private Education Loans, gross were $22,525,817 thousand as of June 30, 2025, compared to $22,235,008 thousand as of December 31, 2024.

Operational Metrics

• Net Income: Net income for the three months ended June 30, 2025, was $71,272 thousand, compared to $251,993 thousand for the same period in 2024.
• Net Charge-offs: Net charge-offs for Private Education Loans were $94,273 thousand for the three months ended June 30, 2025.
• Allowance for Credit Losses: The allowance for loan losses for Private Education Loans was $1,469,509 thousand as of June 30, 2025.

Cash Flow

• Net Cash Used in Operating Activities: Net cash used in operating activities was - $284,780 thousand for the six months ended June 30, 2025.
• Net Cash Provided by Investing Activities: Net cash provided by investing activities was $461,935 thousand for the six months ended June 30, 2025.
• Net Cash Used in Financing Activities: Net cash used in financing activities was - $795,189 thousand for the six months ended June 30, 2025.

Unique Metrics

• Unfunded Loan Commitments: Unfunded loan commitments were $1,358,163 thousand as of June 30, 2025.

Future Outlook and Strategy

• Core Business Focus: The company plans to continue focusing on Private Education Loans, with a total of $22,525,817 thousand in gross loans as of June 30, 2025.
• Priority: The company emphasizes maintaining a strong allowance for credit losses, with a total allowance of $1,522,050 thousand as of June 30, 2025, to cover potential future losses.