SLM CORP PREF SHARE SLMA V0 P12/31/49 B | 10-Q: FY2025 Q3 Revenue: USD 830.29 M

LB filings

2025.10.23 20:35

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Revenue: As of FY2025 Q3, the actual value is USD 830.29 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.

Private Education Loans: Total Private Education Loans sold amounted to $3,939 million for the nine months ended September 30, 2025, compared to $3,692 million for the same period in 2024.

Net Income: For the nine months ended September 30, 2025, net income was $511.7 million, compared to $496.8 million for the same period in 2024.
Provision for Credit Losses: The provision for credit losses for the nine months ended September 30, 2025, was $351.5 million, an increase from $300.3 million in the same period in 2024.
Net Charge-offs: Net charge-offs for Private Education Loans were $247.973 million for the nine months ended September 30, 2025.

Operating Cash Flow: Total net cash used in operating activities was - $334.1 million for the nine months ended September 30, 2025.
Investing Activities: Total net cash provided by investing activities was $208.1 million for the nine months ended September 30, 2025.
Financing Activities: Total net cash used in financing activities was - $1,015.8 million for the nine months ended September 30, 2025.

Allowance for Credit Losses: The total allowance for credit losses was $1,623.981 million as of September 30, 2025.

Core Business Focus: The company plans to continue its focus on Private Education Loans, with $2.7 billion of outstanding contractual loan commitments expected to be funded during the remainder of the ²⁰²⁵⁄₂₀₂₆ academic year.
Non-Core Business: The company has no significant changes in non-core business strategies mentioned in the report.

The company emphasizes maintaining a strong allowance for credit losses and managing its Private Education Loan portfolio effectively, as indicated by the detailed metrics and provisions for credit losses.