Sallie Mae (SLM) reported a third-quarter 2026 net loss of $32.3 million, or $0.19 per basic and diluted common share. Private Education Loan originations reached $3.4 billion, up 15% from the year-ago quarter.
Net interest income was $339.3 million, while provisions for credit losses totaled $213.7 million and non-interest expenses were $220.7 million. The company updated its full-year 2026 diluted EPS guidance to $1.95 to $2.05 from $3.10 to $3.20.
- Net loss attributable to common stock was $35.9 million.
- Third-quarter net charge-offs totaled $90 million.
- Graduate Loan originations increased 119% from the year-ago quarter.
- The company repurchased 5.1 million shares for $132.2 million during the quarter.
- Delinquencies were 4.2% of loans in repayment as of Sept. 30, 2026.
$SLMBP Hedge Fund Activity
We have seen 1 institutional investors add shares of $SLMBP stock to their portfolio, and 2 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ATLAS WEALTH LLC removed 1,330,270 shares (-92.5%) from their portfolio in Q2 2026, for an estimated $98,306,953
- IAT REINSURANCE CO LTD. removed 4,500 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $332,550
- SHIKIAR ASSET MANAGEMENT INC added 945 shares (+1.3%) to their portfolio in Q3 2026, for an estimated $69,750
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
