SLM Corporation (SLM) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Please stand by. Your program is about to begin. If you need audio assistance during today's program, please press star zero. 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. If you would like to ask a question at that time, please press star one on your telephone keypad. If at any point your question has been answered, you may remove yourself from the queue by pressing star 2 so others can hear your questions clearly. We ask that you pick up your headset for best quality. Lastly, if you should require operator assistance, please press star 0. I would now like to turn the call over to Kate DeLacy, Senior Director and Head of Investor Relations. Please go ahead. 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 John Witter, our CEO, Pete Graham, our CFO, and Melissa Verdahl, 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 Sally 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...