Sallie Mae Q3 Earnings Lag on Higher Expenses, Provisions Decline Y/Y
SLM's Q3 profit slips below estimates as higher expenses weighed, though stronger income and lower provisions offered support.
Sallie Mae Q2 Earnings Miss Estimates, Expenses & Provisions Rise Y/Y
SLM misses Q2 earnings estimates as credit loss provisions and expenses surge year over year.
Sallie Mae to Benefit From Proposed Federal Student Loan Caps
SLM is likely to benefit from the Trump tax bill caps federal student loans, driving borrowers toward private lenders.
Sallie Mae Q1 Earnings & Revenues Beat Estimates, Expenses Decline
SLM's first-quarter 2025 results benefit from a rise in fee income, robust originations and lower expenses. However, a fall in NII plays spoilsport.
Sallie Mae And The Death Of The Department of Education
Sallie Mae, a major private student loan lender, has seen significant growth, capturing 64% market share and increasing originations YoY. The company has improved its financials by shedding federal loan portfolios and leveraging economies of scale, boosting net income. SLM's banking component, with $21.1 billion in deposits, diversifies funding through retail and brokered deposits, and securitizes loans with high borrower interest rates.
Sallie Mae Touches 52-Week High: Should You Buy the Stock Now?
SLM's inorganic expansion efforts and a focus on improving private student loans look encouraging. Read more to find out whether it is right to buy the stock.
Sallie Mae Q4 Earnings & Revenues Miss Estimates, Expenses Rise
SLM's fourth-quarter 2024 results benefit from a rise in NII and robust originations. However, the increase in expenses plays spoilsport.
Sallie Mae Q3 Loss Widens on Lower NII & Higher Expenses, Stock Dips
SLM's third-quarter 2024 results reflect a decline in NII and a rise in expenses. Higher loan originations and lower provisions are positives.
Rising Loan Originations Aid Sallie Mae Despite High Costs
SLM's rising average loan balance is supporting NII growth. However, escalating costs are a near-term concern.
Buy These 3 Consumer Loan Stocks From a Prospering Industry
Though concerns about rising prices and poor asset quality are likely to hurt the Zacks Consumer Loans industry, the digitization of operations, expected rate cuts, decent loan demand and easing lending standards will aid Ally Financial (ALLY), Mr. Cooper (COOP) and SLM Corp, (SLM).
SLM Corporation PFD SER B: Sustained High Dividend Yield, Earnings Outlook Upgrade
Despite the possibility of sluggishness in price and a fast come off in dividends for SLM's preference share listing SLMBP earlier this year, the fears turned out to be unfounded. The latest Q2 2024 results further support the stock. Loan originations continue to grow and even with a narrowing net interest margin, the EPS has inched up. Further, the EPS guidance has been upgraded, which is favourable for market multiples and slower than expected interest rate decline works well for the dividends.
Sallie Mae's (SLM) Q2 Earnings Top Estimates, Expenses Rise
Sallie Mae's (SLM) second-quarter 2024 results reflect lower provisions and robust loan origination. A decline in NII and a rise in expenses were spoilsports.
