Sallie Mae (SLM) Reports In-Line Q2 EPS

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Go back to Sallie Mae (SLM) Reports In-Line Q2 EPS

Sallie Mae Reports Second-Quarter 2015 Financial Results

July 22, 2015 4:30 PM EDT

Net Income Increases to $91 Million From $44 Million in Year-Ago Quarter

Asset Sales Contribute to Earnings Per Share Growth

Portfolio of Private Education Loans Grows 24 Percent to $9.2 Billion From Year-Ago Quarter

NEWARK, Del.--(BUSINESS WIRE)-- Sallie Mae (NASDAQ: SLM), formally SLM Corporation, today released second-quarter 2015 financial results that reflected a significant increase in net income from the year-ago quarter, primarily due to earnings-per-share contributions from a previously announced private education loan sale. The company originated $384 million in private education loans for the quarter, and... More