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.

Sallie Mae reported second quarter 2026 financial results with GAAP diluted earnings per common share of $0.29 and a 4.5% increase in private education loan originations. The company concluded a $200 million accelerated share repurchase program in June 2026, repurchasing 9.3 million shares. Full-year 2026 guidance expects diluted earnings per common share between $3.10 and $3.20 and net charge-offs between $365 million and $385 million. The company operates in the private student lending industry, providing financing and resources for higher education.

SLM Corporation furnished a presentation that Co-President and CFO Pete Graham will use at the Morgan Stanley U.S. Financials Conference on June 10, 2026. The company operates in the financial services industry, providing private student loans.