[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  LongYield [@LongYield](/creator/twitter/LongYield) on x 4483 followers Created: 2025-07-25 12:27:53 UTC $SLM SLM Corporation Earnings Call Key Highlights: (1/2) 📊 Quarterly Financial Performance Reported GAAP diluted EPS of $XXXX for Q2 2025. Loan originations were $XXX million, flat year-over-year but slightly below internal expectations, reflecting typical seasonal lows and external school-related disruptions. Net interest income rose to $XXX million, a $X million YoY increase. Net interest margin (NIM) reached 5.31%, up X basis points sequentially, supported by favorable asset mix and higher average balances. Noninterest expenses were $XXX million, aligning with expectations and up from $XXX million YoY, driven by seasonal trends and normalized investment in operations. Liquidity ratio stood at 17.8%, with total risk-based capital at XXXX% and CET1 capital at 11.5%. GAAP equity plus loan loss reserves over risk-weighted assets was a strong 16.3%. 💸 Capital Returns and Share Repurchases Repurchased XXX million shares in Q2 at an average price of $29.46, continuing a long-term buyback strategy initiated in 2020. Total shares reduced by over XX% since inception at an average cost of $XXXXX. Management reaffirmed intent to continue programmatic and strategic repurchases throughout the year, consistent with maintaining strong capital returns while balancing growth. Strong capital position and healthy cash generation are enabling ongoing shareholder returns while preserving flexibility for funding new opportunities tied to anticipated federal loan reform impacts. No changes in capital allocation approach; share buybacks and internal growth remain preferred over acquisitions, underscoring SLM’s shareholder-focused discipline. 📈 Credit Quality and Portfolio Performance Provision for credit losses totaled $XXX million, significantly higher YoY due to a prior-year $XXX million reserve release and a more cautious macroeconomic forecast. Allowance coverage remained stable at XXXX% of private loan exposure. Moody’s macro inputs softened QoQ, leading to a maintained cautious outlook for remainder of 2025. 30+ day delinquencies decreased to XXX% from XXX% sequentially, though up from XXX% YoY. Late-stage delinquencies held flat despite a nearly $X billion increase in loans in repayment. Net charge-offs were $XX million or XXXX% of average loans in repayment, a XX bps YoY increase, attributed largely to disaster forbearance from California wildfires. YTD charge-offs are 2.11%, tracking X bps better YoY. 🏦 Loan Sale Activity and Pricing Agreed to indicative pricing on a $XXX billion private loan sale expected to close in Q3, with pricing aligned with 2025 guidance expectations despite modest adjustments from Q1 levels due to rate environment. Total loan sales YTD amount to $XXX billion. Management remains flexible about conducting additional sales in Q4, pending peak season performance and stress-testing outcomes. Long-term goal remains balancing modest balance sheet growth with strategic loan sales or potential funding partnerships to optimize capital efficiency and income predictability. Historical gain on sale margins were XXX% in Q1 and just under X% in 2024, with current transaction expected to fall within the guided range. 🧮 Loan Modification and Delinquency Programs Loan modification programs continue to perform in line with expectations. Approximately XX% of borrowers enrolled for more than one year are consistently making payments. Grace period enrollments declined meaningfully this quarter, but exit performance is tracking positively with no material uptick in delinquency upon program completion. 30–59-day delinquencies have risen YoY, but remain within seasonal norms and are not indicative of broader credit deterioration. Management remains confident in achieving long-term net char  XXX engagements  **Related Topics** [eps](/topic/eps) [quarterly earnings](/topic/quarterly-earnings) [$slm](/topic/$slm) [Post Link](https://x.com/LongYield/status/1948721867050647589)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
LongYield @LongYield on x 4483 followers
Created: 2025-07-25 12:27:53 UTC
$SLM SLM Corporation Earnings Call Key Highlights: (1/2)
📊 Quarterly Financial Performance
Reported GAAP diluted EPS of $XXXX for Q2 2025. Loan originations were $XXX million, flat year-over-year but slightly below internal expectations, reflecting typical seasonal lows and external school-related disruptions.
Net interest income rose to $XXX million, a $X million YoY increase. Net interest margin (NIM) reached 5.31%, up X basis points sequentially, supported by favorable asset mix and higher average balances.
Noninterest expenses were $XXX million, aligning with expectations and up from $XXX million YoY, driven by seasonal trends and normalized investment in operations.
Liquidity ratio stood at 17.8%, with total risk-based capital at XXXX% and CET1 capital at 11.5%. GAAP equity plus loan loss reserves over risk-weighted assets was a strong 16.3%.
💸 Capital Returns and Share Repurchases
Repurchased XXX million shares in Q2 at an average price of $29.46, continuing a long-term buyback strategy initiated in 2020. Total shares reduced by over XX% since inception at an average cost of $XXXXX.
Management reaffirmed intent to continue programmatic and strategic repurchases throughout the year, consistent with maintaining strong capital returns while balancing growth.
Strong capital position and healthy cash generation are enabling ongoing shareholder returns while preserving flexibility for funding new opportunities tied to anticipated federal loan reform impacts.
No changes in capital allocation approach; share buybacks and internal growth remain preferred over acquisitions, underscoring SLM’s shareholder-focused discipline.
📈 Credit Quality and Portfolio Performance
Provision for credit losses totaled $XXX million, significantly higher YoY due to a prior-year $XXX million reserve release and a more cautious macroeconomic forecast.
Allowance coverage remained stable at XXXX% of private loan exposure. Moody’s macro inputs softened QoQ, leading to a maintained cautious outlook for remainder of 2025.
30+ day delinquencies decreased to XXX% from XXX% sequentially, though up from XXX% YoY. Late-stage delinquencies held flat despite a nearly $X billion increase in loans in repayment.
Net charge-offs were $XX million or XXXX% of average loans in repayment, a XX bps YoY increase, attributed largely to disaster forbearance from California wildfires. YTD charge-offs are 2.11%, tracking X bps better YoY.
🏦 Loan Sale Activity and Pricing
Agreed to indicative pricing on a $XXX billion private loan sale expected to close in Q3, with pricing aligned with 2025 guidance expectations despite modest adjustments from Q1 levels due to rate environment.
Total loan sales YTD amount to $XXX billion. Management remains flexible about conducting additional sales in Q4, pending peak season performance and stress-testing outcomes.
Long-term goal remains balancing modest balance sheet growth with strategic loan sales or potential funding partnerships to optimize capital efficiency and income predictability.
Historical gain on sale margins were XXX% in Q1 and just under X% in 2024, with current transaction expected to fall within the guided range.
🧮 Loan Modification and Delinquency Programs
Loan modification programs continue to perform in line with expectations. Approximately XX% of borrowers enrolled for more than one year are consistently making payments.
Grace period enrollments declined meaningfully this quarter, but exit performance is tracking positively with no material uptick in delinquency upon program completion.
30–59-day delinquencies have risen YoY, but remain within seasonal norms and are not indicative of broader credit deterioration.
Management remains confident in achieving long-term net char
XXX engagements
Related Topics eps quarterly earnings $slm