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Sallie Mae Reports Third-Quarter 2015 Financial Results

October 21, 2015 4:30 PM EDT

Net Interest Income Increases 22 Percent From Year-Ago Quarter to $175 Million

Private Education Loan Portfolio Grows 38 Percent From Year-Ago Quarter to $10.8 Billion

Private Education Loan Originations Increase 6 Percent From Year-Ago Quarter to $1.7 Billion

NEWARK, Del.--(BUSINESS WIRE)-- Sallie Mae (NASDAQ: SLM), formally SLM Corporation, today released third-quarter 2015 financial results that reflect growth from the year-ago quarter in net interest income, private education loan portfolio size and private education loan originations. Net interest income increased 22 percent from the year-ago quarter to $175... More