SLM - SLM Corporation (SLM) Q1 2024 Earnings Call Transcript

2024-04-24 22:56:08 ET

SLM Corporation (SLM)

Q1 2024 Earnings Conference Call

April 24, 2024 05:30 PM ET

Company Participants

Melissa Bronaugh - IR

Jon Witter - CEO

Pete Graham - CFO

Conference Call Participants

Steven Kwok - KBW

Terry Ma - Barclays

Jeff Adelson - Morgan Stanley

John Hecht - Jefferies

Rick Shane - JPMorgan

Jon Arfstrom - RBC Capital Markets

Presentation

Operator

Welcome to Sallie Mae First Quarter 2024 Earnings Conference Call. At this time, all participants have been placed in a listen-only mode and the floor will be open for your questions following the prepared remarks. [Operator Instructions]

I would now like to turn the conference over to Melissa Bronaugh, Head of Investor Relations. Please go ahead.

Melissa Bronaugh

Thank you, David. Good evening and welcome to Sallie Mae's first quarter 2024 earnings call. It is my pleasure to be here today with Jon Witter, our CEO; and Pete Graham, our CFO. After the prepared remarks, we will open the call for questions.

Before we begin, keep in mind our discussion will contain predictions, expectations, and forward-looking statements. Actual results in the future may be materially different from those discussed here.

Listeners should refer to the discussion of these factors in the company's Form 10-Q and other filings with the SEC. For Sallie Mae, these factors include, among others, results of operations, financial conditions, and/or cash flows, as well as any potential impacts of various external factors on our business. We undertake no obligation to update or revise any predictions, expectations, or forward-looking statements to reflect events or circumstances that occur after today Wednesday, April 24th. 2024.

Thank you. And now, I'll turn the call over to Jon.

Jon Witter

Thank you, Melissa and David. Good evening everyone. Thank you for joining us today to discuss Sallie Mae's first quarter 2024 results. I'm pleased to report on a successful quarter and progress towards our 2024 goals....

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