Sallie Mae (SLM) Tops Q2 EPS by 2c

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Sallie Mae Reports Second-Quarter 2018 Financial Results

July 24, 2018 4:30 PM EDT

Diluted Earnings Per Share Up 60 Percent From Year-Ago Quarter to $0.24

Private Education Loan Originations Increase 13 Percent From Year-Ago Quarter to $487 Million

Provision for Private Education Loan Losses Declines 6 Percent From Year-Ago Quarter

Net Interest Income Increases 26 Percent From Year-Ago Quarter to $341 Million

NEWARK, Del.--(BUSINESS WIRE)-- Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released second-quarter 2018 financial results that include growth in diluted earnings per share and private education loan originations, a lower... More