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Sallie Mae Reports Fourth-Quarter and Full-Year 2019 Financial Results

January 22, 2020 GMT

NEWARK, Del.--(BUSINESS WIRE)--Jan 22, 2020--

Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released fourth-quarter and full-year 2019 financial results. Highlights of those results are included in the attached supplement. Complete financial results are available at www.SallieMae.com/investors.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200122005805/en/

Sallie Mae will host an earnings conference call tomorrow, Jan. 23, 2020, at 8 a.m. EST. Executives will be on hand to discuss various highlights of the quarter and to answer questions related to Sallie Mae’s performance. To participate, dial 877-356-5689 (USA and Canada) or 706-679-0623 (international) and use access code 6334858 starting at 7:45 a.m. EST. A replay of the conference call will be available approximately two hours after the call’s conclusion and will remain available through Feb. 6, 2020, by dialing 855-859-2056 (USA and Canada) or 404-537-3406 (international) with access code 6334858.

A live audio webcast of the conference call, presentation slides and an infographic may be accessed at www.SallieMae.com/investors.

Sallie Mae (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new goals and experiences, beyond college, happen. Learn more at SallieMae.com. Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200122005805/en/

CONTACT: Media

Rick Castellano,302-451-2541,rick.castellano@SallieMae.comInvestors

Brian Cronin, 302-451-0304,brian.cronin@SallieMae.com

KEYWORD: DELAWARE UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES EDUCATION FINANCE CONTINUING BANKING UNIVERSITY

SOURCE: Sallie Mae

Copyright Business Wire 2020.

PUB: 01/22/2020 04:30 PM/DISC: 01/22/2020 04:30 PM

http://www.businesswire.com/news/home/20200122005805/en