Sallie Mae Q4 EPS falls to $0.50 from $0.72; full-year EPS rises to $2.68
Sallie Mae reported fourth-quarter 2024 GAAP diluted EPS of $0.50, down from $0.72 a year earlier, as provisions for credit losses rose to $108 million from $16 million. For full-year 2024, diluted EPS rose to $2.68 from $2.41, and the company guided to 2025 diluted EPS of $3.00 to $3.10.
Key points
- Q4 2024 net income attributable to common stock was $107 million, versus $164 million in Q4 2023.
- Full-year 2024 net income attributable to common stock was $590 million, versus $564 million in 2023.
- 2025 guidance: GAAP diluted EPS of $3.00 to $3.10, private education loan originations growth of 6% to 8%, and non-interest expenses of $655 million to $675 million.
- Company repurchased $250 million of shares in 2024 and had $402 million of repurchase capacity remaining as of December 31, 2024.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:49 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 23, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.