Sallie Mae Reports Third-Quarter Loss per Share
Story updates
08:33:20 PM UTC
SquawkNews
Sallie Mae 3Q Loss $32.3M >SLM
08:40:14 PM UTC
SquawkNews
Sallie Mae 3Q Loss $32M >SLM
08:41:44 PM UTC
SquawkNews
SLM Corp reported a net loss attributable to common shareholders of $36M, or $0.19 per diluted share, for the third quarter of 2026, compared with net income of $132M, or $0.63 per diluted share, a year earlier. Net interest income declined to $339M from $373M, while non-interest income fell to $36…
08:43:23 PM UTC
SquawkNews
Sallie Mae reported a third-quarter 2026 net loss of $32 million, compared with net income of $136 million a year earlier, as higher credit-loss provisions and expenses weighed on results. Diluted loss per common share was $0.19. The company lowered its full-year diluted EPS guidance to $1.95—$2.05…