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SLM reports Q3 GAAP EPS (23c) vs. 11c last year
The Fly

SLM reports Q3 GAAP EPS (23c) vs. 11c last year

Reports Q3 NII $359Mvs. $385M last year. Reports Q3: $267M in provisions for credit losses compared with $197M in Q3 2023. 3.60% delinquencies as a percentage of loans in repayment, down from 3.65% in Q3 2023. 2.08% net charge-offs as a percentage of average loans in repayment (annualized), compared with 2.53% in Q3 2023.

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