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Here's What Key Metrics Tell Us About Sallie Mae (SLM) Q1 Earnings
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Sallie Mae (SLM - Free Report) reported $375.41 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 0.1%. EPS of $1.54 for the same period compares to $1.40 a year ago.
The reported revenue represents a surprise of +2.37% over the Zacks Consensus Estimate of $366.72 million. With the consensus EPS estimate being $1.14, the EPS surprise was +34.93%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Sallie Mae performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Interest Margin: 5.3% versus 5.2% estimated by two analysts on average.
Net Interest Income: $375.41 million compared to the $369.01 million average estimate based on two analysts.
Gains (losses) on sales of loans, net: $146.31 million versus the two-analyst average estimate of $109.19 million.
Other income: $40.66 million versus the two-analyst average estimate of $38.11 million.
Total Non-Interest Income: $184.58 million compared to the $154.8 million average estimate based on two analysts.
Shares of Sallie Mae have returned +13.1% over the past month versus the Zacks S&P 500 composite's +9.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Here's What Key Metrics Tell Us About Sallie Mae (SLM) Q1 Earnings
Sallie Mae (SLM - Free Report) reported $375.41 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 0.1%. EPS of $1.54 for the same period compares to $1.40 a year ago.
The reported revenue represents a surprise of +2.37% over the Zacks Consensus Estimate of $366.72 million. With the consensus EPS estimate being $1.14, the EPS surprise was +34.93%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Sallie Mae performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Sallie Mae here>>>
Shares of Sallie Mae have returned +13.1% over the past month versus the Zacks S&P 500 composite's +9.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.