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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.