SLM Corp (SLM)

19.34 0.15 (0.78%)

As of 2026-03-03 18:59:04 EST

SLM Corporation (commonly known as Sallie Mae; originally the Student Loan Marketing Association) is a publicly traded U.S. corporation that provides consumer banking. Its nature has changed dramatically since it was set up in the early 1970s; initially a government entity that serviced federal education loans, it then became private and began offering private student loans.

Traded asNasdaq: SLM
ISINUS78442P1066
CIK0001032033
LEI4K8SLPBF5DXXGPW03H93
EIN522013874
SectorFinancial services
IndustryPersonal Credit Institutions
CEOJonathan Witter
Employees
Fiscal Year End1231
Address300 CONTINENTAL DRIVE, NEWARK, DE, 19713
Phone(302) 283-8000
Websitehttps://www.salliemae.com/
Stock Quotes
trading_symbolregistrant_nametimepricechangepercentage_change
SLMSLM Corp2026-03-03 18:59:0419.340.150.78
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Company Information
trading_symbolcentral_index_keyregistrant_nameisin_numberlei_numberein_numberexchangesic_codesic_descriptionfiscal_year_endstate_of_incorporationaddress_streetaddress_cityaddress_stateaddress_zip_codeaddress_countryaddress_country_codephone_numbermailing_addressbusiness_addressformer_nameindustryfounding_datechief_executive_officernumber_of_employeeswebsitemarket_capshares_issuedshares_outstandingdescriptionupdate_time
SLM0001032033SLM CorpUS78442P10664K8SLPBF5DXXGPW03H93522013874Nasdaq6141Personal Credit Institutions1231DE300 CONTINENTAL DRIVENEWARKDE19713UNITED STATESUS(302) 283-8000300 CONTINENTAL DRIVE, NEWARK, DE, 19713300 CONTINENTAL DRIVE, NEWARK, DE, 19713USA EDUCATION INCFinancial services1972-06-23Jonathan Witterhttps://www.salliemae.com/6,800,000,000443,200,000198,154,626SLM Corporation (commonly known as Sallie Mae; originally the Student Loan Marketing Association) is a publicly traded U.S. corporation that provides consumer banking. Its nature has changed dramatically since it was set up in the early 1970s; initially a government entity that serviced federal education loans, it then became private and began offering private student loans.2026-02-26 16:52:21
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SLM Stock Price (End-of-Day)
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SLM Stock Price (1-Minute)
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Market Cap
Fiscal YearMarket CapChange In Market CapPercentage Change In Market CapShares OutstandingChange In Shares OutstandingPercentage Change In Shares Outstanding
20256,800,000,0002,300,000,00051.1111198,154,626-12,268,836-5.8305
20244,500,000,000800,000,00021.6216210,423,462-9,926,253-4.5048
20233,700,000,000-300,000,000-7.5220,349,715-20,839,257-8.6402
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Executive Compensation
Executive NameExecutive PositionFiscal YearSalaryBonusStock AwardsIncentive Plan CompensationOther CompensationTotal Compensation
Kerri A. PalmerPresident, Executive Vice President2023566,50002,265,9841,147,16235,9164,015,562
Donna F. VieiraChief Commercial Officer, Executive Vice President2023506,8440999,411956,33033,4822,496,067
Jonathan W. WitterChief Executive Officer20231,100,00005,789,4572,475,00035,0289,399,485
Peter M. GrahamChief Financial Officer, Executive Vice President2023156,154460,000849,991290,00001,756,145
Nicolas JafariehExecutive Vice President2023480,00001,007,983709,8001,4772,199,260
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Employee Count
Fiscal YearEmployee Count
20191,900
20181,700
20171,500
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Income Statements
Fiscal Year202520242023
Revenue
Cost Of Revenue
Gross Profit
Research And Development Expenses
General And Administrative Expenses
Operating Expenses655,585,000636,570,000143,101,000
Operating Income
Net Income744,847,000608,325,000581,391,000
Earnings Per Share Basic3.522.732.44
Earnings Per Share Diluted3.462.682.41
Weighted Average Shares Outstanding Basic207,155,000216,220,000231,411,000
Weighted Average Shares Outstanding Diluted210,914,000219,934,000234,063,000
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Balance Sheet Statements
Fiscal Year202520242023
Cash And Cash Equivalents55,000,00057,000,00041,000,000
Marketable Securities Current
Accounts Receivable
Inventories
Non Trade Receivables347,260,000425,625,000366,247,000
Other Assets Current
Total Assets Current
Marketable Securities Non Current
Property Plant And Equipment122,193,000119,354,000129,501,000
Other Assets Non Current
Total Assets Non Current
Total Assets29,746,295,00030,072,110,00029,169,468,000
Accounts Payable
Deferred Revenue
Short Term Debt498,415,00000
Other Liabilities Current
Total Liabilities Current
Long Term Debt5,362,494,0006,440,345,0005,227,512,000
Other Liabilities Non Current
Total Liabilities Non Current
Total Liabilities27,294,937,00027,912,190,00027,288,671,000
Common Stock88,650,00088,121,00087,647,000
Retained Earnings4,734,313,0004,114,446,0003,624,859,000
Accumulated Other Comprehensive Income-40,128,000-65,861,000-75,104,000
Total Shareholders Equity2,451,358,0002,159,920,0001,880,797,000
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Cash Flow Statements
Fiscal Year202520242023
Depreciation And Amortization16,166,00017,652,00017,811,000
Share Based Compensation Expense40,559,00039,996,00036,380,000
Other Non Cash Income Expense-7,080,000-12,563,000-16,212,000
Change In Accounts Receivable
Change In Inventories
Change In Non Trade Receivables1,180,383,0001,110,434,0001,054,071,000
Change In Other Assets50,215,0006,531,00038,902,000
Change In Accounts Payable
Change In Other Liabilities-54,584,000-15,180,000-27,807,000
Cash From Operating Activities-398,581,000-329,395,000-144,637,000
Purchases Of Marketable Securities81,336,00091,881,000105,970,000
Sales Of Marketable Securities448,860,000832,450,000265,652,000
Acquisition Of Property Plant And Equipment
Acquisition Of Business
Other Investing Activities
Cash From Investing Activities1,046,760,000675,993,000-12,460,000
Tax Withholding For Share Based Compensation
Payments Of Dividends107,691,00099,172,000101,233,000
Issuance Of Common Stock
Repurchase Of Common Stock368,736,000247,968,000350,264,000
Issuance Of Long Term Debt
Repayment Of Long Term Debt
Other Financing Activities
Cash From Financing Activities-1,103,911,000228,155,000-316,232,000
Change In Cash-455,732,000574,753,000-473,329,000
Cash At End Of Period55,000,00057,000,00041,000,000
Income Taxes Paid167,203,000243,341,000191,690,000
Interest Paid1,111,851,0001,109,084,000963,260,000
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Key Metrics
Fiscal Year202520242023
Earnings Per Share3.522.732.44
Price To Earnings Ratio7.687510.10267.8361
Earnings Growth Rate28.937711.885237.0787
Price Earnings To Growth Ratio0.26570.850.2113
Book Value Per Share11.83349.98958.1275
Price To Book Ratio2.28672.76092.3525
Ebitda2,430,040,0002,350,100,0001,820,982,000
Enterprise Value11,411,523,30012,346,692,6009,611,090,320
Dividend Yield0.01920.01660.0229
Dividend Payout Ratio0.14460.1630.1741
Debt To Equity Ratio2.39092.98182.7794
Capital Expenditures19,005,0007,505,0006,584,000
Free Cash Flow-417,586,000-336,900,000-151,221,000
Return On Equity0.30390.28160.3091
One Year Beta1.12460.98061.2049
Three Year Beta1.10851.15941.2033
Five Year Beta1.15691.07991.0915
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Insider Transactions
Insider NameRelationship To IssuerTransaction DateAmount Of SecuritiesAcquired Or DisposedSecurities Owned Following Transaction
Jafarieh NicolasEVP -Legal, Govt, Comm Officer2026-02-2458,880A265,228
Jafarieh NicolasEVP -Legal, Govt, Comm Officer2026-02-2427,792D237,436
Palmer Kerri A.EVP, Chief Operational Officer2026-02-2449,637A151,508
Palmer Kerri A.EVP, Chief Operational Officer2026-02-2422,387D129,121
Witter Jonathan W.Director, CEO2026-02-24338,188A1,446,574
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Institutional Holdings
Investor NamePeriod Of ReportMarket ValueAmount Of SecuritiesPrice Per Security
Caitong International Asset Management Co., Ltd2025-12-316492427.0417
Anchor Investment Management, LLC2025-12-3186,5923,20027.06
TD Capital Management LLC2025-12-314,04114927.1208
Bell Investment Advisors, Inc2025-12-318,66032027.0625
Pacer Advisors, Inc.2025-12-31656,99024,27927.06
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Mutual Fund Holdings
Registrant NamePeriod Of ReportFund NameFund SymbolAmount Of UnitsValue In UsdPercentage Value Compared To Assets
PIMCO Equity Series2025-12-31Class APMJAX2,360,70863,880,758.482.1252
PIMCO Equity Series2025-12-31I-2PMJPX2,360,70863,880,758.482.1252
PIMCO Equity Series2025-12-31Institutional ClassPMJIX2,360,70863,880,758.482.1252
PIMCO Equity Series2025-12-31PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETFMFUS5,011135,597.660.0644
RYDEX SERIES FUNDS2025-12-31Class CRYFCX1,00327,141.180.2317
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