SLM (SLM) Tops Q3 EPS by 6c

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Sallie Mae Reports Third-Quarter 2021 Financial Results

October 20, 2021 4:31 PM EDT

Third-Quarter GAAP Net Income Attributable to Common Stock of $72 Million, or $0.24 Per Diluted Share; Third-Quarter Core Earnings Attributable to Common Stock of $74 Million, or $0.24 Per Diluted Share

Private Education Loan Originations of $2.1 Billion in Third Quarter of 2021, an Increase of 10 Percent from Year-Ago Quarter; Private Education Loan Originations of $4.7 Billion in First Nine Months of 2021, a Decrease of 0.2 Percent from Year-Ago Period

Board of Directors Approves $250 Million Increase to the 2021 Share Repurchase Program and Declares Common Stock Dividend for Fourth Quarter 2021 of $0.11 Per Share,... More