SLM Corporation reported an increase in private student loan originations and market share, reaching $7.0 billion and over 60% market share in 2024, up from $6.4 billion and over 55% in 2023. The company achieved a 5.7% balance sheet growth in 2024 and continued to manage costs, reducing operating expenses from $686 million in 2023 to $642 million in 2024. Net charge-offs as a percentage of total loans in repayment decreased to 2.44%. SLM returned $4.4 billion in capital to shareholders since 2020, including 230 million shares repurchased and a 15% increase in dividend per share in 2024. The company highlighted recent PLUS program changes expected to increase loan origination volume and continues to focus on scalable servicing and strengthened risk management capabilities. You can access the full presentation through the link below.