Sallie Mae (SLM) Misses Q3 EPS by 1c

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Sallie Mae Reports Third-Quarter 2018 Financial Results

October 22, 2018 5:18 PM EDT

Diluted Earnings Per Share Up 35 Percent From Year-Ago Quarter to $0.23

Private Education Loan Originations Increase 12 Percent From Year-Ago Quarter to $2.1 Billion

Provision for Private Education Loan Losses Declines 20 Percent From Year-Ago Quarter

Net Interest Income Increases 26 Percent From Year-Ago Quarter to $357 Million

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