SLM (SLM) Misses Q1 EPS by 36c

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Sallie Mae Reports First-Quarter 2022 Financial Results

April 27, 2022 4:30 PM EDT

First-Quarter GAAP Net Income Attributable to Common Stock of $128 Million, or $0.45 Per Diluted Share

Private Education Loan Originations Increase 6 Percent from Year-Ago Quarter to $2.2 Billion

Repurchased $176 Million of Common Stock in the First Quarter of 2022

Completed $2.0 Billion Private Education Loan Sale on April 27, 2022

NEWARK, Del.--(BUSINESS WIRE)-- Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released first-quarter 2022 financial... More