- Core EPS for Q4 is 50 cents, down from 72 cents year-over-year, missing the estimate of 55 cents.
- Net interest margin is 4.92%, lower than last year’s 5.37%, and below the estimated 5.06%.
- Net interest income decreased by 6.2% year-over-year to $362 million, below the $376 million estimate.
- Provision for credit losses significantly increased to $108 million from $16 million year-over-year, surpassing the $83 million estimate.
- Income tax expense dropped by 63% year-over-year to $21 million, below the estimate of $40.2 million.
- Yearly forecast expects EPS between $3 and $3.10.
- Non-interest expenses are projected to range from $655 million to $675 million.
- Private education loan originations are expected to increase by 6% to 8%.
- Analyst ratings include 10 buys and 2 holds, with no sell ratings.
A look at Slm Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
SLM Corporation, commonly known as Sallie Mae, is positioned for a stable long-term future according to the Smartkarma Smart Scores. With solid scores across key factors such as Value, Dividend, Growth, and Resilience, the company demonstrates a balanced performance outlook. Additionally, boasting a high Momentum score indicates strong market traction and positive investor sentiment towards the company’s prospects.
Overall, SLM Corp, a leading provider of education funding and student loan services, appears well-rounded in its key metrics. With a focus on servicing U.S. government guaranteed and private student loans, as well as offering debt management solutions, the company maintains a diversified business model catering to various educational institutions and financiers. The combination of steady scores across critical factors bodes well for SLM Corp’s continued success in the education finance sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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