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April 18, 2024


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About the Company

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. The company's primary business is creating, servicing, and collecting private education loans. The company also provides online tools and resources for college planning. Sallie Mae previously originated federally guaranteed student loans under the Federal Family Education Loan Program (FFELP) and worked as a servicer and collector of federal student loans on behalf of the Department of Education. The company now offers private education loans and manages more than $12.97 billion in assets. On April 30, 2014, Sallie Mae spun off its loan servicing operation and most of its loan portfolio into a separate, publicly traded entity called Navient Corporation. Navient is the largest servicer of federal student loans and acts as a collector on behalf of the Department of Education.

Exchange

Nasdaq

$2B

Total Revenue

None

Employees

$17B

Market Capitalization

34.72

Price/Earning ratio

Fundamental Data and Insider Transactions (Quarterly data) Full Screen

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Latest $SLMBP News

SLM’s Positive Credit Outlook and Competitive Edge Reinforce Buy Rating

1d ago, source: Business Insider

Begin your TipRanks Premium journey today. SLM (SLM) Company Description: SLM Corp. engages in the origination, servicing, and administration of education loans. Its services include private education ...

Forecasting The Future: 4 Analyst Projections For SLM

15d ago, source:

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $23.0, a high ...

Will Rising Costs Hurt Marsh & McLennan's (MMC) Q1 Earnings?

3d ago, source: Zacks.com on MSN

Marsh & McLennan Companies, Inc. MMC is set to report its first-quarter 2024 results on Apr 18, before the closing bell. What ...

Can Rising Costs Affect AmEx's (AXP) Q1 Earnings Growth?

2d ago, source: Zacks.com on MSN

American Express Company AXP is set to report its first-quarter 2024 results on Apr 19, before the opening bell. What Do the ...

Another air defence system will be in Ukraine soon – IRIS-T manufacturer

1d ago, source:

Helmut Rauch, the head of the arms company Diehl Defence, which produces IRIS-T SLM air defence systems, announced the ...

Aerospace part manufacturer invests $25m in production facilities

3d ago, source: Aerospace Manufacturing

Sintavia, an all-digital aerospace component manufacturer, has announced its single largest expansion in facilities and ...

Sanlam's (JSE:SLM) one-year total shareholder returns outpace the underlying earnings growth

11d ago, source:

Sanlam Limited ( JSE:SLM ) shareholders might be concerned after seeing the share price drop 12% in the last month.

Small language models too have powerful use cases

on MSN ago, source:

NoBroker co-founder Akhil Gupta, who is also the chief tech & product officer, and his small team of engineers have been ...

Best High-Yield Savings Accounts (up to 5.36%) of March 2024

22d ago, source:

Our expert picks for the best high-yield savings accounts earn up to 5.36% APY -- 10x more than the national average. See our ...

Sallie Mae (SLM) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

2d ago, source:

Sallie Mae (SLM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

SoFi Technologies upgraded at KBW after year-to-date slump

on MSN ago, source:

Keefe Bruyette & Woods upgraded SoFi Technologies' shares as the recent slump and debt offering reduce the risk for investors ...

Not All Tokens Are What You Need, Say Microsoft Researchers

7d ago, source: Analytics India Magazine

RHO-1 method selectively trains on useful tokens that align with the desired distribution, rather than predicting every next ...

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