SLM Corp's stock surged 8.16% during the night session, reflecting a significant positive market reaction to the company's latest financial performance and strategic announcements.
The education finance company reported fourth-quarter 2025 GAAP diluted earnings per share of $1.12, a 29% increase year-over-year and significantly above the FactSet consensus estimate of $0.88. Revenue for the quarter reached $454.1 million, also surpassing analyst expectations of $442.4 million. The strong results were driven by a 4% year-over-year increase in private education loan originations and a robust net interest margin of 5.21%.
Further bolstering investor sentiment, SLM Corporation's board approved a new $500 million share repurchase program. The company also provided fiscal year 2026 guidance, forecasting GAAP diluted earnings per common share in the range of $2.70 to $2.80.
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