SLM (SLM) Misses Q2 EPS by 1c

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Sallie Mae Reports Second-Quarter 2022 Financial Results

July 27, 2022 4:30 PM EDT

Second-Quarter GAAP Net Income Attributable to Common Stock of $340 Million, or $1.29 Per Diluted Share

Private Education Loan Originations Increase 16 Percent from Year-Ago Quarter to $616 Million

Repurchased $360 Million of Common Stock in the Second Quarter of 2022

Completed $2.1 Billion in Private Education Loan Sales During the Quarter Resulting in a $240 Million Gain

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