Earnings ·
SLM Corp furnished an investor presentation for the second quarter ended June 30, 2026
SLMSLM Corp
SLM Corp furnished an investor presentation for the second quarter ended June 30, 2026. The company reported diluted earnings per share of $0.29 and GAAP net income attributable to common stock of $55 million. Private education loan originations grew 4.5% year-over-year to $716 million. SLM completed an accelerated share repurchase transaction, repurchasing a total of 9.3 million shares at an average price of $17.15. The company also paid a quarterly cash dividend of $0.13 per common share on June 15, 2026. Additionally, SLM issued $500 million in unsecured senior notes in May 2026 to refinance existing debt. SLM Corp operates as a leading private education lender and servicer.