Sallie Mae (SLM), formally SLM Corporation, Thursday reported third-quarter net income of $132 million or $0.63 per share, compared to a net loss of $50 million or $0.23 per share in the same period last year.
Net interest income for the quarter was $373 million, compared to $359 million in the same period last year.
For the full year, the company expects earnings of $3.20 - $3.30 per share.
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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.