UPDATE: Sallie Mae (SLM) Tops Q4 EPS by 2c; Guides FY16 Core EPS Below Views
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Sallie Mae Reports Fourth-Quarter and Full-Year 2015 Financial Results
January 20, 2016 4:30 PM ESTDiluted Earnings Per Share Up 40 Percent Year-over-Year
Full-Year Private Education Loan Originations of $4.3 Billion
Private Education Loan Portfolio Grows to $10.5 Billion, Up 28 Percent Year-over-Year
NEWARK, Del.--(BUSINESS WIRE)-- Sallie Mae (NASDAQ: SLM), formally SLM Corporation, today released fourth-quarter 2015 and full-year 2015 financial results. In 2015, the company increased diluted earnings per share 40 percent year-over-year to $.59 (including $.20 attributable to gains on sales of loans), grew private education loan originations 6 percent to $4.3 billion, and expanded its private education loan portfolio size 28... More
