SLM Corporation (SLM) Q1 2025 Earnings Call Transcript

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SLM Corporation ( NASDAQ: SLM ) Q1 2025 Earnings Conference Call April 24, 2025 5:30 PM ET Company Participants Kate deLacy - Senior Director and Head of Investor Relations Jon Witter - Chief Executive Officer Pete Graham - Chief Financial Officer Melissa Bronaugh - Managing Vice President of Strategic Finance Conference Call Participants Jeff Adelson - Morgan Stanley Terry Ma - Barclays Moshe Orenbuch - TD Cowen Michael Kaye - Wells Fargo Nate Richam - Bank of America John Hecht - Jefferies Rick Shane - J.P. Morgan Mark DeVries - Deutsche Bank Operator Welcome to the Sallie Mae First Quarter 2025 Earnings Conference Call.

At this time, all participants have been placed on a listen-only mode, and the floor will be open for your questions following the prepared remarks. [Operator Instructions] I would now like to turn the call over to Kate deLacy, Senior Director and Head of Investor Relations. Please go ahead.



Kate deLacy Thank you, Margo. Good evening, and welcome to Sallie Mae's first quarter 2025 earnings call. It's my pleasure to be here today with Jon Witter, our CEO; Pete Graham, our CFO; and Melissa Bronaugh, Managing Vice President of Strategic Finance.

After the prepared remarks, we will open the call for questions. Before we begin, keep in mind, our discussion will contain predictions, expectations, and forward-looking statements. Actual results in the future may be materially different from those discussed here due to a variety of factors.

Listeners should refer to the discussion of those factors in the company's Form 10-K and other filings with the SEC. For Sallie Mae, these factors include, among others, results of operations, financial conditions and/or cash flows, as well as any potential impacts of various external factors on our business. We undertake no obligation to update or revise any predictions, expectations, or forward-looking statements to reflect events or circumstances that occur after.