SLM Corporation Reports $67M Q2 2025 Net Income, EPS of $0.32, Loan Originations Slightly Down from Prior Year

Reuters
08/12
SLM Corporation Reports $67M <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Net Income, EPS of $0.32, Loan Originations Slightly Down from Prior Year

SLM Corporation has released its financial results for the second quarter of 2025. The company reported private education loan originations of $686 million, slightly down from $691 million in the same quarter last year. The GAAP net income attributable to common stock was $67 million for the quarter. The net interest margin stood at 5.31%, marking a decrease of 5 basis points from the second quarter of 2024. Diluted earnings per share were recorded at $0.32. Total non-interest expenses increased to $167 million, compared to $159 million in the year-ago quarter. Additionally, a provision for credit losses amounted to $149 million, showing an increase due to factors such as loan sale timing and macroeconomic conditions. SLM Corporation's balance sheet highlights include a return on common equity of 12.8% and a common stock dividend per share of $0.13 paid in the second quarter. The company repurchased 2.4 million shares under the 2024 share repurchase program, with $302 million of capacity remaining as of June 30, 2025. In terms of credit performance, 3.5% of private education loans were delinquent for over 30 days as of June 30, 2025. There were $94 million in private education loan net charge-offs for the quarter, representing 2.36% of average loans in repayment on an annualized basis, compared to 2.19% in the second quarter of 2024. The company successfully completed its first student loan ABS transaction of the year, raising $539 million, with strong investor demand noted despite a volatile market.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SLM Corporation published the original content used to generate this news brief on August 11, 2025, and is solely responsible for the information contained therein.

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