
Nov 1, 2026
Sallie Mae Cuts Profit Outlook as Loan Losses Rise
Sallie Mae (Nasdaq: SLM) has significantly lowered its 2026 earnings forecast after reporting a $32.3 million third-quarter loss, primarily due to rising credit costs and operating expenses. The company also increased its projection for annual net loan charge-offs, despite achieving record private student loan originations. This revised outlook reflects the challenges Sallie Mae faces as increased loan volumes and changes in federal student lending programs necessitate higher credit reserves and operational expenditures.
Company relevance
100.00%
Company sentiment
Bearish
Overall sentiment
Bearish

Oct 29, 2026
Sallie Mae Sets December 15 Dividend Payments for Shareholders
Sallie Mae (Nasdaq: SLM) has declared fourth-quarter 2026 dividends of 13 cents per common share and approximately $1.49 per Series B preferred share. These dividends will be paid on December 15 to shareholders of record as of December 4. The private student lender is maintaining its shareholder distributions as the year concludes.
Company relevance
100.00%
Company sentiment
Bullish
Overall sentiment
Bullish