{"id":479935,"date":"2021-04-21T16:33:29","date_gmt":"2021-04-21T20:33:29","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/sallie-mae-reports-first-quarter-2021-financial-results\/"},"modified":"2021-04-21T16:33:29","modified_gmt":"2021-04-21T20:33:29","slug":"sallie-mae-reports-first-quarter-2021-financial-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sallie-mae-reports-first-quarter-2021-financial-results\/","title":{"rendered":"Sallie Mae Reports First-Quarter 2021 Financial Results"},"content":{"rendered":"

<\/p>\n

Sallie Mae Reports First-Quarter 2021 Financial Results<\/b><\/p>\n

First-Quarter GAAP Net Income Attributable to Common Stock of $640 Million, or $1.75 Per Diluted Share; First-Quarter \u201cCore Earnings\u201d Attributable to Common Stock of $648 Million, or $1.77 Per Diluted Share<\/i><\/b><\/p>\n

Completed $3.16 Billion in Private Education Loan Sales During the Quarter Resulting in a $399 Million Gain<\/i><\/b><\/p>\n

Repurchased 49 Million Shares of Common Stock in the First Quarter of 2021<\/i><\/b><\/p>\n

NEWARK, Del.–(BUSINESS WIRE<\/a>)–
\nSallie Mae (Nasdaq: SLM), formally SLM Corporation, today released first-quarter 2021 financial results. Highlights of those results are included in the attached supplement. Complete financial results are available at www.SallieMae.com\/investors<\/a>.\n<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210421005980\/en\/<\/a><\/p>\n

\nSallie Mae will host an earnings conference call tomorrow, Apr. 22, 2021, at 8 a.m. ET. Executives will be on hand to discuss various highlights of the quarter and to answer questions related to Sallie Mae\u2019s performance. To participate, dial 877-356-5689 (USA and Canada) or 706-679-0623 (international) and use access code 9165416 starting at 7:45 a.m. ET. A replay of the conference call will be available approximately two hours after the call\u2019s conclusion and will remain available through May 6, 2021, by dialing 855-859-2056 (USA and Canada) or 404-537-3406 (international) with access code 9165416.\n<\/p>\n

\nA live audio webcast of the conference call and presentation slides may be accessed at www.SallieMae.com\/investors<\/a>.\n<\/p>\n

Sallie Mae<\/b> (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.\n<\/p>\n

\nCategory: Corporate and Financial\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210421005980\/en\/<\/a><\/span><\/p>\n

Media
\n<\/b>
Rick Castellano,302-451-2541, rick.castellano@salliemae.com<\/a><\/p>\n

Investors
\n<\/b>
Brian Cronin, 302-451-0304, brian.cronin@salliemae.com<\/a><\/p>\n

KEYWORDS:<\/b> Delaware United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Finance Banking Other Education Professional Services Education<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Sallie Mae Reports First-Quarter 2021 Financial Results First-Quarter GAAP Net Income Attributable to Common Stock of $640 Million, or $1.75 Per Diluted Share; First-Quarter \u201cCore Earnings\u201d Attributable to Common Stock of $648 Million, or $1.77 Per Diluted Share Completed $3.16 Billion in Private Education Loan Sales During the Quarter Resulting in a $399 Million Gain Repurchased 49 Million Shares of Common Stock in the First Quarter of 2021 NEWARK, Del.–(BUSINESS WIRE)– Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released first-quarter 2021 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\/20210421005980\/en\/ Sallie Mae will host an earnings conference call … <\/p>\n

Continue reading “Sallie Mae Reports First-Quarter 2021 Financial Results”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-479935","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nSallie Mae Reports First-Quarter 2021 Financial Results - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sallie-mae-reports-first-quarter-2021-financial-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sallie Mae Reports First-Quarter 2021 Financial Results - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Sallie Mae Reports First-Quarter 2021 Financial Results First-Quarter GAAP Net Income Attributable to Common Stock of $640 Million, or $1.75 Per Diluted Share; First-Quarter \u201cCore Earnings\u201d Attributable to Common Stock of $648 Million, or $1.77 Per Diluted Share Completed $3.16 Billion in Private Education Loan Sales During the Quarter Resulting in a $399 Million Gain Repurchased 49 Million Shares of Common Stock in the First Quarter of 2021 NEWARK, Del.–(BUSINESS WIRE)– Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released first-quarter 2021 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. 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