
SLM · NASDAQ
SLM Corporation
$19.52 +0.10 (+0.51%)
Company overview
SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It also offers retail deposit accounts, including certificates of deposit, money market deposit accounts, and high-yield savings accounts; and omnibus accounts, as well as credit card loans. The company serves students and families through financial aid, federal loans, and student and family resources. SLM Corporation was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. The company was founded in 1972 and is headquartered in Newark, Delaware.
- Sector
- Financial Services
- Industry
- Financial - Credit Services
- Exchange
- NASDAQ
- Market cap
- $3.7B
- Employees
- 1,710
- Headquarters
- Newark, DE
- Website
- salliemae.com
- CEO
- Jonathan W. Witter
- Listed
- September 23, 1983
- P/E
- 5.34
- Dividend yield
- 1.92%
Company financials
- Revenue
- $3.1B
- Gross profit
- $1.7B
- Operating income
- $990M
- EBITDA
- $1B
- Net income
- $748M
- EPS
- $3.65
- Total assets
- $29.4B
- Total debt
- $6.2B
- Gross margin
- 54.04%
- Net margin
- 24.28%
- Earnings yield
- 18.72%