Sallie Mae (SLM) Tops Q1 EPS by 3c

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Sallie Mae Reports First-Quarter 2018 Financial Results

April 23, 2018 4:30 PM EDT

Private Education Loan Originations Increase 7 Percent From Year-Ago Quarter to $2.0 Billion

Private Education Loan Portfolio Grows 20 Percent From Year-Ago Quarter to $18.6 Billion

Net Interest Income Increases 24 Percent From Year-Ago Quarter to $333 Million

Diluted Earnings Per Share Up 40 Percent From Year-Ago Quarter to $0.28

NEWARK, Del.--(BUSINESS WIRE)-- Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released first-quarter 2018 financial results that include growth in loan originations, portfolio size, net interest income, and diluted earnings per share. In the first-quarter 2018,... More