Sallie Mae (SLM), formally SLM Corporation, Thursday reported fourth-quarter net income of $229 million or $1.12 per share, compared to $107 million or $0.50 per share last year.
Net Interest Income for the quarter was $377, compared to $362 million last year, while total non-interest income was $77, up from $28 million last year.
Net interest margin improved to 5.21% from 4.92% last year.
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