Third-Quarter GAAP Net Income Attributable to Common Stock of $25 Million, or $0.11 Per Diluted Share
Private Education Loan Originations Increase 4% from Year-Ago Quarter to $2.5 Billion
Completed Approximately $1 Billion Private Education Loan Sale on October 13, 2023
Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released third-quarter 2023 financial results. Highlights of those results are included in the attached supplement. Complete financial results are available at www.SallieMae.com/investors .
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231025173444/en/
Sallie Mae will host an earnings conference call tomorrow, October 26, 2023, at 8 a.m. ET. Executives will be on hand to discuss various highlights of the quarter and to answer questions related to Sallie Mae’s performance. A live audio webcast of the conference call and presentation slides may be accessed at www.SallieMae.com/investors and the hosting website .
Participants may also register for the earnings conference call. Once registration is completed, participants will be provided a dial-in number with a personalized conference code to access the call. Please dial in 15 minutes prior to the start time.
A replay of the webcast will be available via the company’s investor website approximately two hours after the call’s conclusion.
Sallie Mae (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new goals and experiences, beyond college, happen. Learn more at SallieMae.com . Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.
Category: Corporate and Financial
View source version on businesswire.com: https://www.businesswire.com/news/home/20231025173444/en/
Media
Rick Castellano, 302-451-2541, rick.castellano@salliemae.com
Investors
Melissa Bronaugh, 571-526-2455, melissa.bronaugh@salliemae.com