SLM cuts 2026 EPS outlook and raises charge-off forecast
FROM THE WIRE · FINANCE.YAHOO.COM
Sallie Mae SLM has significantly lowered its 2026 earnings guidance while raising its net charge-off expectations, reflecting evolving credit conditions and changes in its loan-sale strategy. SLM anticipates earnings per share of $1.95-$2.05 for 2026, down from the previously…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA sharp cut to earnings guidance at a lender, relevant to the consumer credit sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01SLM expects 2026 EPS of $1.95-$2.05, down from $3.10-$3.20.
- 02The net charge-off forecast for 2026 rises to $400-$420 million from $365-$385 million.
- 03The revision reflects forgoing an additional planned whole-loan sale in 2026.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
SLM Corporation18.25 USD+0.85%today +2.56%Negative Ally Financial Inc.38.63 USD-0.26%today +2.14%Negative Capital One Financial Corporation211.32 USD-0.09%today +3.16%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets