• SLM Corporation posted Q1 2026 diluted EPS of $1.54, with net income attributable to common stock of USD 304 million.
• Private education loan originations rose 5% year over year to USD 2.9 billion, while total non-interest expense increased to USD 171 million from USD 155 million.
• Net interest margin widened 2 basis points from the year-ago quarter to 5.29%, while cost of funds eased to 4.13% from 4.23%.
• Capital actions included repurchasing 12,000,000 shares for USD 259 million, alongside USD 3.3 billion of private education loan sales.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SLM Corporation published the original content used to generate this news brief on May 05, 2026, and is solely responsible for the information contained therein.