Financial insights of JSM

MyFinsight

For the quarter ending 2025-09-30, JSM made $883M in revenue. -$86M in net income. Net profit margin of -9.74%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30
Federal Family Education Loan Program Ffelp Guaranteed Loans	484	483
Private Education Loans	276	273
Cash and investments	21	22
Total interest income	781	778
Total interest expense	639	650
Net interest income (loss)	142	128
Less provisions for loan losses	168	37
Net interest income (loss) after provisions for loan losses	-26	91
Servicing revenue	13	14
Asset recovery and business processing revenue	0	0
Other income	10	19
Gain on sale of subsidiary	0	-
Gains (losses) on derivative and hedging activities, net	-4	-5
Total other income (loss)	19	28
Salaries and benefits	32	35
Other operating expenses	73	65
Total operating expenses	105	100
Goodwill and acquired intangible asset impairment and amortization expense	1	1
Restructuring/other reorganization expenses	4	0
Total expenses	110	101
Income (loss) before income tax expense (benefit)	-117	18
Income tax expense (benefit)	-31	4
Net income (loss)	-86	14

Earnings per share, basic	-0.87	0.14
Earnings per share, diluted	-0.87	0.13
Weighted average number of shares outstanding, basic	98,000,000	100,000,000
Weighted average number of shares outstanding, diluted	98,000,000	101,000,000