Sallie Mae (SLM) Reports In-Line Q3 EPS

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Sallie Mae Reports Third-Quarter 2017 Financial Results

October 18, 2017 4:30 PM EDT

Private Education Loan Portfolio Grows 24 Percent From Year-Ago Quarter to $17.0 Billion

Net Interest Income Increases 26 Percent From Year-Ago Quarter to $282 Million

Diluted Earnings Per Share Up 42 Percent from Year-Ago Quarter to $0.17

Private Education Loan Originations Increase 3 Percent From Year-Ago Quarter to $1.9 Billion

NEWARK, Del.--(BUSINESS WIRE)-- Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released third-quarter 2017 financial results that include growth in portfolio size, net interest income, diluted earnings per share and originations. In the... More