SLM Corporation (NASDAQ:SLM) Q2 2024 Earnings Conference Call July 24, 2024 5:30 PM ET

Company Participants

Melissa Bronaugh - VP & Head of Investor Relations
Jon Witter - CEO & Director
Pete Graham - Executive VP & CFO

Conference Call Participants

Moshe Orenbuch - TD Cowen
Sanjay Sakhrani - KBW
Mark DeVries - Deutsche Bank
Terry Ma - Barclays
Michael K - Wells Fargo
Jeff Adelson - Morgan Stanley
Rick Shane - JPMorgan
John Hecht - Jefferies
Jon Arfstrom - RBC Capital Markets
Giuliano Bologna - Compass Point

Operator

Good day, everyone. And welcome to Sallie Mae Second Quarter 2024 Earnings Conference Call. At this time, all participants have been placed in a listen-only mode and the floor will be open for your questions following the prepared remarks. [Operator Instructions]

And now at this time, I would now like to turn things over to Melissa Bronaugh, Head of Investor Relations. Please go ahead, ma’am.

Melissa Bronaugh

Thank you, Bev. Good evening and welcome to Sallie Mae's second quarter 2024 earnings call. It is my pleasure to be here today with Jon Witter, our CEO; and Pete Graham, our CFO. 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 these factors in the company's Form 10-Q 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 today Wednesday, July 24th. 2024. Thank you. And now, I'll turn the call over to Jon.

Jon Witter

Thank you, Melissa and Bev. Good evening, everyone. Thank you for joining us today to discuss. Sallie Mae's second quarter 2024 results. I'm pleased to report on a successful quarter and progress toward our 2024 goals. I hope you'll take away three key messages today. We delivered strong results in the second quarter and first half of the year. We remain encouraged by the trends we have seen in our credit performance. And third, we believe we are well positioned to deliver solid results for the year by continuing to drive our core business and serve our customers.