Sallie Mae (SLM), formally SLM Corporation, Thursday reported first-quarter net income of $300.6 million or $1.40 per share, compared to $285.3 million or $1.27 per share last year.
Net interest income for the quarter was $375.0 million, down from $387.0 million last year. Non-interest income for the quarter was $206.0 milion, compared to $174.2 million last year.
For the full year 2025, the company expects earnings per share of $3.00 to $3.10.
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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.