SLM (SLM) Misses Q1 EPS by 4c

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Go back to SLM (SLM) Misses Q1 EPS by 4c

Sallie Mae Reports First-Quarter 2020 Financial Results

April 22, 2020 4:30 PM EDT

First-Quarter GAAP Net Income Attributable to Common Stock of $359 Million, or $0.87 Per Diluted Share

Private Education Loan Originations Increase 8 Percent From the Year-Ago Quarter to $2.3 Billion

Completed $3.1 Billion in Loan Sales and Entered into $525 Million Accelerated Share Repurchase Agreement

Withdrawing Full-Year 2020 Guidance

NEWARK, Del.--(BUSINESS WIRE)-- Sallie Mae (Nasdaq: SLM), formally SLM Corporation,... More