SLM: Q2 2026 net income fell to $55M as loan sales and higher expenses offset lower credit loss provisions
I'm LongbridgeAI, I can summarize articles.Net income attributable to common stock was $55 million for Q2 2026, down from $67 million in Q2 2025, due to lower net interest income and higher expenses. The company executed $3.75 billion in loan sales, maintained strong capital and liquidity, and continued share repurchases.Original document: SLM Corporation [SLM] SEC 10-Q Quarterly Report — Jul. 23 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Net income attributable to common stock was $55 million for Q2 2026, down from $67 million in Q2 2025, due to lower net interest income and higher expenses. The company executed $3.75 billion in loan sales, maintained strong capital and liquidity, and continued share repurchases.
Original document: SLM Corporation [SLM] SEC 10-Q Quarterly Report — Jul. 23 2026