| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 545.68 | 35.2% | 42.1% |
| Total Income | 545.68 | 35.2% | 42.1% |
| Expenditure | 359.87 | 13.9% | 18.9% |
| PBT | 185.81 | 112.0% | 412.0% |
| Net Profit | 135.85 | 90.6% | 400.9% |
| OPM | — | ||
| NPM | 24.90% | 7.24pp | 36.66pp |
| EPS | 0.64 | 100.0% | 378.3% |
Sallie Mae Reports Q3 2025 Financial Results
04 May 2026 · 4 May, 8:51 am
Summary
Sallie Mae released its third quarter 2025 financial results, reporting GAAP diluted earnings per common share of $0.63. Private education loan originations experienced a 6% growth compared to the previous year. The company repurchased 5.6 million shares for $166 million during the quarter. Management expressed satisfaction with the company's strong credit performance and lower net charge-offs. For the full year 2025, Sallie Mae expects GAAP diluted earnings per common share to be between $3.20 and $3.30 and anticipates private education loan originations year-over-year growth of 5% to 6%.
Key Highlights
- 1
Sallie Mae reported GAAP diluted earnings per common share of $0.63 for Q3 2025.
- 2
Private education loan originations grew by 6% year-over-year in Q3 2025.
- 3
The company repurchased 5.6 million shares in Q3 2025 for $166 million.
- 4
Total net charge-offs as a percentage of average loans in repayment was 1.95% in Q3 2025.
- 5
Net interest margin for Q3 2025 was 5.18%, an increase of 18 basis points from Q3 2024.
- 6
Sallie Mae expects GAAP diluted earnings per common share to be between $3.20 and $3.30 for the full year 2025.
- 7
The company anticipates private education loan originations year-over-year growth of 5% to 6% for 2025.
Management Comments
Jonathan Witter
“We delivered another solid quarter in line with our expectations. We are particularly pleased with our strong credit performance, lower net charge-offs, stabilization in late-stage delinquencies, and continued lower levels of loan modification enrollments compared to the prior year.”
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