SLM Sallie Mae

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Sallie Mae Missed Expectations, Reaffirms

Thursday, July 23, 2026 · 4:30 PM ET

Sallie Mae (SLM) reported earnings of $0.29 per share on revenue of $670.34 million for the second quarter ended June 2026. The consensus earnings estimate was $0.46 per share on revenue of $355.22 million. The Earnings Whisper number was $0.60 per share. The company missed expectations by 51.67% while revenue fell 1.93% compared to the same quarter a year ago.

The company said it continues to expect 2026 earnings of $3.10 to $3.20 per share. The current consensus earnings estimate is $3.16 per share for the year ending December 31, 2026.

SLM Corp is engaged in saving, planning and paying for education company. It provides funding, delivery & servicing support for education loans in the United States through its private education loan programs.

Earnings Whisper Grade —
Power Rating—
Reported Earnings
$0.29
Earnings Whisper®
$0.60
Consensus Estimate
$0.46
Earnings Surprise
Earnings Growth-9.4 %
Reported Revenue
$670.34M
Revenue Estimate
$355.22M

Consensus estimates for banks and some financial institutions are for net interest income, which may not be comparable to reported revenue.

Revenue Surprise
Revenue Growth-1.9 %

Sallie Mae Reports Second Quarter 2026 Financial Results

Thursday, July 23, 2026 · 4:30 PM ET Business Wire

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released second quarter 2026 financial results. Complete financial results and related materials are available at www.SallieMae.com/investors. The materials will also be available on the Securities and Exchange Commission’s website at www.sec.gov.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260723616900/en/

Sallie Mae will host an earnings conference call today, July 23, 2026, at 5:30 p.m. ET. Executives will be on hand to discuss various highlights of the quarter and to answer questions related to Sallie Mae’s performance. A live audio webcast of the conference call and presentation slides may be accessed at www.SallieMae.com/investors and the hosting website.

A replay of the webcast will be available via the company’s investor website approximately two hours after the call’s conclusion.

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.

Category: Corporate and Financial

Media
Media, media@salliemae.com

Investors
Investor Relations, IR@salliemae.com

Source: Sallie Mae