Reports CET1 ratio 11.5%. Reports NIM of 5.31%. $22.6B of average loans outstanding, net, up 10% from Q2 2024; $149M in provisions for credit losses in Q2 2025, compared with $17M in Q2 2024; 0.91% loans in a hardship forbearance, down from 1.00% in Q2 2024; 3.51% delinquencies as a percentage of loans in repayment, compared with 3.34% in Q2 2024; 2.36% net charge-offs as a percentage of average loans in repayment, compared with 2.19% in Q2 2024. “Our solid performance in the second quarter and first half of the year reflects the strength of our core business, resilience of our customers, and continued execution of our strategy. We are optimistic about the long-term outlook for private student lending given recently passed federal student loan reforms and believe we are well-positioned to support more students and families, grow our business, and return capital to shareholders going forward,” said Jonathan Witter, CEO.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SLM:
- Sallie Mae options imply 4.0% move in share price post-earnings
- SLM’s Strong Market Position and Growth Potential Justify Buy Rating Amid Legislative Reforms and Market Expansion
- SLM price target raised to $40 from $33 at Jefferies
- SLM Upcoming Earnings Report: What to Expect?
- SLM’s Improved Delinquency Rates and Loan Performance Justify Buy Rating