Sallie Mae Beats Estimates, Boosts Grad Loans

Sallie Maes Q1 2026 earnings surpassed Wall Street expectations, with $560 million in revenue and $1.54 EPS, despite a slight sales dip. The company attributes this success to a 5% increase in loan originations, particularly in undergrad and grad programs. They also sold a $2 billion loan portfolio and initiated a $200 million share buyback. The market responded positively, sending shares up. Sallie Mae is optimistic about federal reforms that could boost the grad loan market by 70%. They plan to launch new products, maintain credit standards, and leverage partnerships for growth. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/fa3e9570e25b0d05