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SLM Corp (OQ:SLM)

Business Focus: Personal & Car Loans

INK Edge Outlook

Insider Chart - Past 6 Months

Insider Filings

Latest 10 SEC Form 4 filings for SLM*US within the last 6 months
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Company News

Apr 26, 2024 11:22 ET
The Sallie Mae Fund Grants $75,000 to DC College Access Program to Support Higher Education Access and Completion
The Sallie Mae Fund today announced a $75,000 grant to the DC College Access Program (DC-CAP) to help increase higher education access and completion among students in the District. The contribution will also support DC-CAP’s 2050 Moonshot Goal of an 80% city-wide six-year college graduation rate.
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Apr 10, 2024 16:30 ET
Sallie Mae to Release First-Quarter 2024 Financial Results on April 24
Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, will release first-quarter 2024 financial results after market close on Wednesday, April 24, 2024.
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Valuation Ratios

Industry
Sector
Beta
1.16
--
--
Price to Sales - TTM
2.38
0.59
3.77
Price to Book - most recent quarter
2.49
0.74
1.34
Price to Cash Flow per share - TTM
5.65
5.65
12.72
Price to Free Cash Flow per share - TTM
--
0.44
15.73
See all valuations

Business Summary

Sector:  Financials Industry:  Consumer Lending

SLM Corporation is a holding company, which operates through various subsidiaries and is a financial brand for higher education. The Company's primary business is to originate and service loans it makes to students and their families to finance the cost of their education. It also offers a range of deposit products insured by the Federal Deposit Insurance Corporation. Its primary private education loan product is the Smart Option Student Loan, which emphasizes in-school payment features that can produce shorter terms and reduce customers' total finance charges. Smart Option Student Loan generally runs for six months after the borrower separates from school but can run for up to 36 months for a small subset of graduate loans. It also offers six loan products for specific graduate programs of study. These include the Sallie Mae Law School Loan, the Sallie Mae MBA Loan, the Sallie Mae Graduate School Loan for Health Professions, the Sallie Mae Medical School Loan, and others.

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