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SLM Corporation's Performance Highlights and Financial Trends in Q3 2025

SLM Corporation (SLM) | November 17, 2025

By Uma Mitchell

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SLM Corporation's Q3 2025 financial results show promising growth and stability in key metrics.

The company reported $132 million GAAP net income attributable to common stock and $0.63 GAAP diluted earnings per common share in Q3 2025.

Significant improvements were seen in the net interest margin, total non-interest expenses, and private education loan originations compared to the year-ago quarter.

Strong Earnings

$132M GAAP Net Income and $0.63 EPS in Q3 2025.

Improving Margins

5.18% Net Interest Margin, an 18 basis point increase from Q3 2024.

Loan Performance

$179M Provision for Credit Losses in Q3 2025 with a decrease from Q3 2024.

Capital Allocation

24.3% Return on Common Equity and 11.3% CET1 Capital Ratio in Q3 2025.

Loan Trends

Private Education Loan Originations reached $2.9B in Q3 2025.

  • The increase in net income and earnings per share reflects SLM Corporation's financial strength and profitability.
  • Improvements in margins and capital allocation ratios indicate efficient management of resources and risk.
  • The performance highlights demonstrate the company's resilience in managing credit losses and optimizing loan portfolios for sustainable growth.

SLM Corporation's Q3 2025 performance showcases a solid financial foundation and strategic focus on growth and risk management. The company's positive earnings and key metrics position it well for future success in the private education loan sector.