Sallie Mae (SLM) Tops Q1 EPS by 2c; Guides FY15 EPS Above Expectations
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Sallie Mae Reports First-Quarter 2015 Financial Results
April 22, 2015 4:44 PM EDTPrivate Education Loan Originations Increase 9 Percent to $1.7 Billion
Private Education Loan Portfolio Performance Improves Significantly
Net Interest Income Up 23 Percent from Year-Ago Quarter
NEWARK, Del.--(BUSINESS WIRE)-- Sallie Mae (NASDAQ: SLM), formally SLM Corporation, today released first-quarter 2015 financial results that reflected increased private education loan originations, positive private education loan portfolio performance and greater net interest income. The company originated $1.7 billion in private education loans for the quarter, up 9Â percent from the year-ago quarter. At March 31, 2015, the... More
