SLM CORP PREF SHARE SLMA V0 P12/31/49 B | 8-K: FY2025 Q3 Revenue: USD 545.68 M

Revenue: As of FY2025 Q3, the actual value is USD 545.68 M.

EPS: As of FY2025 Q3, the actual value is USD 0.63.

EBIT: As of FY2025 Q3, the actual value is USD -187.16 M.

Segment Revenue

• Private Education Loan Originations: Increased by 6% from the year-ago quarter.

Operational Metrics

• Net Income: $132 million GAAP net income attributable to common stock in Q3 2025, compared to a loss of $50 million in Q3 2024.
• Operating Costs: Total non-interest expenses were $180 million in Q3 2025, compared to $172 million in Q3 2024.
• Net Charge-Offs: 1.95% as a percentage of average loans in repayment, compared with 2.08% in Q3 2024.

Unique Metrics

• Net Interest Margin: 5.18% for Q3 2025, an increase of 18 basis points from Q3 2024.
• Total Net Charge-Offs: 1.95% as a percentage of average loans in repayment (annualized), compared with 2.08% in Q3 2024.

Outlook / Guidance

• For the full year 2025, Sallie Mae expects GAAP diluted earnings per common share to be between $3.20 and $3.30, with private education loan originations growing by 5% to 6% year-over-year. The company also anticipates total loan portfolio net charge-offs as a percentage of average loans in repayment to be between 2.0% and 2.2%.