Sallie Mae Reports Third-Quarter 2019 Financial Results
October 23 2019 - 4:30PM
Business Wire
Third-Quarter GAAP Net Income Attributable
to Common Stock of $124 Million, or $0.29 Per Diluted Share
Private Education Loan Originations Increase
6 Percent From the Year-Ago Quarter to $2.2 Billion, Total $4.9
Billion Year-to-Date, a 7 Percent Increase
Private Education Loan Portfolio Totals
$22.9 Billion, Up 14 Percent From the Year-Ago Quarter
Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today
released third-quarter 2019 financial results. Highlights of those
results are included in the attached supplement. Complete financial
results are available at www.SallieMae.com/investors.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20191023005858/en/
Sallie Mae will host an earnings conference call tomorrow, Oct.
24, 2019, at 8 a.m. EDT. Executives will be on hand to discuss
various highlights of the quarter and to answer questions related
to Sallie Mae’s performance. To participate, dial 877-356-5689 (USA
and Canada) or 706-679-0623 (international) and use access code
2888244 starting at 7:45 a.m. EDT. A replay of the conference call
will be available approximately two hours after the call’s
conclusion and will remain available through Nov. 7, 2019, by
dialing 855-859-2056 (USA and Canada) or 404-537-3406
(international) with access code 2888244.
A live audio webcast of the conference call and presentation
slides may be accessed at www.SallieMae.com/investors.
Sallie Mae (Nasdaq: SLM) believes education and life-long
learning, in all forms, help people achieve great things. As the
leader in private student lending, we provide financing and
know-how to support access to college and offer products and
resources to help customers make new goals and experiences, beyond
college, happen. Learn more at SallieMae.com. Commonly known as
Sallie Mae, SLM Corporation and its subsidiaries are not sponsored
by or agencies of the United States of America.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20191023005858/en/
Media Rick Castellano, 302-451-2541,
rick.castellano@SallieMae.com
Investors Brian Cronin, 302-451-0304,
brian.cronin@SallieMae.com
SLM (NASDAQ:SLM)
Historical Stock Chart
From Aug 2024 to Sep 2024
SLM (NASDAQ:SLM)
Historical Stock Chart
From Sep 2023 to Sep 2024