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SLM Corp (SLM) Q1 Earnings Strengthen 44% Margin Narrative Versus Bearish Forecasts
SLM Corp reported Q1 2026 earnings with total revenue of US$571.5 million and basic EPS of US$1.56, achieving a strong trailing net margin of 44%. This performance contrasts with bearish forecasts predicting future margin compression and earnings decline, yet the current margins are already at the high end of bullish assumptions. The company’s low P/E ratio and gap to DCF value suggest a potential bargain despite mixed outlooks from analysts.