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Sallie Mae Reports About $375 Million in Revenue, $0.19 Per-Share Loss

Net interest income was $339 million and noninterest income was $36 million, both rounded figures.

A steel share token rests against a closed earnings booklet / TokenPost.ai
A steel share token rests against a closed earnings booklet / TokenPost.ai

Sallie Mae reported about $375 million in revenue and a GAAP diluted loss of $0.19 per common share in its Oct. 22 earnings release, giving a snapshot of its financial performance.

Net interest income was $339 million, while noninterest income was $36 million. Those rounded figures support a revenue total of roughly $375 million.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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