SLM Corporation

SLM Corporation

SLMBP
SLM CorporationUS flagNASDAQ
74.15
USD
-0.60
- -
6.65BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
2.71
2.98
3.59
4.15
4.8
5.9
6.91
6.16
6.81
6.13
7.4
9.07
11.04
11.83
Tangible Book Value per Share
2.69
2.98
3.59
4.15
4.8
5.9
6.91
6.16
6.81
5.64
7.08
8.77
10.74
11.52
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
760
736
885
960
1,126
1,361
1,672
1,800
2,027
1,823
1,809
1,849
1,984
1,961
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
8
9
9
10
11
14
15
15
16
17
18
18
16
16
Net Income, GAAP
259
194
274
250
289
487
578
881
1,161
469
581
608
745
736
Effective Tax Rate (%)
38.16
41.94
37.53
39.6
41.21
12.85
22.25
23.68
24.65
25.64
25.3
23.83
24.96
25.15
Profit Margin (%)
34.05
26.4
30.99
26.07
25.65
35.81
34.58
48.92
57.25
25.72
32.13
32.9
37.54
37.51
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
131,801
- -
579
2,168
3,275
4,284
4,354
5,189
5,931
5,235
5,228
6,440
5,362
5,844
Total Equity
1,166
1,830
2,096
2,347
2,474
2,973
3,312
2,563
2,150
1,727
1,881
2,160
2,451
2,475
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
8.45
14.94
18.22
13.83
14.17
20.31
20.47
33.35
54.9
27.26
36.3
33.35
35.49
33.15

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
498
499
- -
LT Borrowings
5,362
5,670
5,844
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
251
251
251
Shares Outstanding
199
189
188
Market Capitalization
14,521
13,833
13,893

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
4,241
5,701
5,663
Accounts Receivable, Net
1,563
1,532
1,602
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
498
499
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.78%
0.29%
13.49%
Free Cash Flow
-196.85%
-606.32%
21%
Net Income, GAAP
16.95%
4.64%
22.44%
Sales/Revenue/Turnover
8.85%
2.26%
7.32%
Total Cash Common Dividend
- -
22.69%
8.59%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
561
514
384
390
1,849
2025
581
404
546
454
1,984
2026
560
401
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Jonathan W. Witter
Full Time Employees
1,788
Sector
Financial Services
Industry
Financial - Credit Services
Address
300 Continental Drive Newark DE United States of America 19713
IPO Date
Jul 11, 2005
Business
SLM Corporation (SLM), operating as Sallie Mae, is a leading provider of private education financing solutions, including originating, servicing, and collecting student loans for undergraduates, graduates, parents, and career training programs; high-yield savings accounts; credit cards; college savings plans such as 529 accounts; and online planning tools including scholarship databases and financial aid resources. Headquartered in Newark, Delaware, the company was founded in 1972 as the Student Loan Marketing Association, a government-sponsored enterprise, and fully privatized by 2004, with subsidiaries like Sallie Mae Bank funding its private education loan portfolio. SLM primarily serves students, families, and alumni in the U.S. higher education market through its Lending segment and Asset Performance Group, focusing on non-federally guaranteed credit products without international operations beyond domestic activities. In recent developments, SLM announced a multi-year strategic partnership with KKR on November 12, 2025, under which KKR will purchase an initial seed portfolio of private education loans and at least $2 billion in newly originated loans annually for three years, enabling off-balance-sheet capital efficiency while SLM retains customer servicing and earns ongoing fees. The company reported Q3 2025 loan originations of $2.9 billion, up 6.4% year-over-year, and completed a $1.9 billion loan sale generating $136 million in gains. SLM also reaffirmed its 2025 GAAP diluted earnings guidance at $3.35-$3.45 per share, reflecting provision releases and optimism around federal reforms like PLUS loan changes.

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