Student Loan Corp. (STU) reported that its fourth-quarter net income increased to $38.08 million or $1.90 per share from $12.31 million or $0.62 per share last year.
Net interest income increased to $74.57 million from $46.94 million a year ago.
Fiscal 2009 net income increased to $125.67 million or $6.28 per share from $73.43 million or $3.67 per share a year ago.
Net interest income was $277.65 million compared to $331.30 million prior year.
The company also announced that its Annual Meeting of Shareholders would be held on May 13, 2010. A record date of March 15, 2010 has been established to determine shareholders entitled to vote at the meeting.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.