SLM (SLM) Tops Q2 EPS by 8c; Bought Back 23M Shares in Q2

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Sallie Mae Reports Second-Quarter 2021 Financial Results

July 21, 2021 4:30 PM EDT

Second-Quarter GAAP Net Income Attributable to Common Stock of $139 Million, or $0.44 Per Diluted Share; Second-Quarter Core Earnings Attributable to Common Stock of $144 Million, or $0.45 Per Diluted Share

$533 Million in Private Education Loans Originated During Quarter

Repurchased 23 Million Shares of Common Stock in the Second Quarter of 2021; 19% Reduction in Total Common Stock Outstanding since January 1, 2021

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