YOLFTbeta
SLM Corp Pb Pref

SLM Corp Pb Pref

SLMBP · NASDAQ · Financial Services / Credit Services

66.97USD-0.03 (-0.04%)

Price History

Full chart

Market Stats

Previous Close67.00
Open67.00
Day Range66.97 – 67.00
52-Week Range66.62 – 74.75
Volume527
Market Cap4.83B
P/E (TTM)34.36
Forward P/E0.00
EPS2.15
Dividend Yield7.85%
Beta0.97
50-Day Avg74.58
200-Day Avg74.58

About

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 provides retail deposit accounts, including high-yield savings accounts, money market accounts, and certificates of deposit; and interest-bearing omnibus accounts. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.

Company Details

  • SectorFinancial Services
  • IndustryCredit Services
  • CEOMr. Jonathan W. Witter
  • Employees1.79K
  • Headquarters300 Continental Drive, Newark, DE, United States, 19713, USA
  • Websitehttps://www.salliemae.com

Leadership

  • Mr. Jonathan W. WitterCEO & Director · b. 1970
  • Ms. Kerri A. PalmerCo-President, Chief Operational Officer & Head of Financial Services · b. 1971
  • Mr. Peter M. Graham CPACo-President, CFO & Treasurer · b. 1966
  • Mr. Nicolas JafariehExecutive VP and Chief Legal, Government Affairs & Communications Officer · b. 1975
  • Mr. Steven A. TurnerExecutive VP and Chief Technology & Enablement Officer · b. 1966
  • Kate deLacySenior Director & Head of Investor Relations
  • Mr. William WolfExecutive VP & Chief People Officer · b. 1966
  • Mr. Munish PahwaExecutive VP & Chief Risk Officer · b. 1970
  • Mr. Jeremy BrandonExecutive VP & Chief Audit Officer
  • Mr. Richard M. NelsonSenior VP, Chief Regulatory Counsel & Corporate Secretary

Financials

Income Statement

Currency: USD1986-12-311987-12-311988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue---417.60M478.90M559.20M802.70M936.80M709.10M673.00M1.01B1.26B1.14B1.14B1.33B1.84B3.44B3.14B5.22B6.52B8.75B9.12B1.78B6.09B6.78B5.66B757.79M849.47M831.58M1.01B1.15B1.43B1.88B2.38B2.34B2.41B2.37B2.59B2.99B3.11B
Growth (%)----+14.68%+16.77%+43.54%+16.71%-24.31%-5.09%+50.56%+24.21%-9.45%+0.43%+16.15%+38.67%+86.41%-8.67%+66.25%+24.92%+34.27%+4.21%-80.44%+241.42%+11.25%-16.48%-86.61%+12.10%-2.11%+21.90%+13.06%+25.16%+31.31%+26.36%-1.60%+2.88%-1.79%+9.55%+15.24%+4.10%
Cost of Revenue---2.75B3.02B2.56B1.81B1.48B2.14B3.02B2.61B2.57B1.96B2.15B2.87B2.19B1.32B1.17B1.54B3.26B5.41B8.10B-51.00M4.15B3.69B3.70B149.03M158.42M181.34M218.67M345.31M493.85M767.15M1.06B634.80M349.12M1.18B573.44M1.55B1.46B
Gross Profit---417.60M478.90M559.20M802.70M936.80M709.10M673.00M1.01B1.26B1.14B1.14B1.33B1.84B2.12B3.14B3.67B3.26B3.34B1.02B1.78B1.94B3.08B1.96B608.76M691.04M650.23M795.04M800.75M940.55M1.12B1.32B1.71B2.06B1.19B2.02B1.44B1.65B
Gross Margin---100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%61.61%100.00%70.39%49.95%38.18%11.17%100.00%31.80%45.48%34.69%80.33%81.35%78.19%78.43%69.87%65.57%59.27%55.38%72.89%85.51%50.29%77.88%48.22%53.11%
Operating Expense----2.68B-2.95B-2.47B-1.62B-1.23B-2.00B-2.99B-2.17B-2.02B-1.52B-1.71B-2.21B-887.98M893.68M-196.53M1.12B1.14B1.35B1.51B-3.74B1.13B1.99B1.04B266.89M274.52M316.48M355.97M386.31M449.09M556.98M574.25M552.97M519.91M559.24M619.21M641.90M659.14M
Operating Income144.60M181.00M225.10M3.10B3.42B3.03B2.42B2.17B2.71B3.66B3.18B3.28B2.66B2.86B3.54B2.73B1.22B3.33B2.56B2.12B2.00B-492.08M5.53B808.00M1.09B925.00M341.87M416.53M333.75M439.06M414.44M491.46M559.33M743.74M1.15B1.54B630.73M1.40B798.64M992.56M
Operating Margin---742.07%715.01%542.19%301.53%231.73%382.43%543.60%313.80%260.37%233.79%249.49%266.11%148.17%35.60%106.26%49.01%32.49%22.80%-5.40%309.71%13.27%16.09%16.35%45.11%49.03%40.13%43.31%36.16%34.26%29.70%31.25%49.28%63.93%26.66%53.99%26.73%31.92%
EBITDA144.60M181.00M225.10M3.10B3.42B3.03B2.42B2.17B2.71B3.66B3.18B3.28B2.66B2.86B3.54B2.73B1.22B3.33B2.56B2.12B2.00B-492.08M5.53B847.00M1.13B946.00M361.83M424.90M343.14M447.98M424.03M502.64M573.16M758.41M1.17B1.56B648.06M1.40B816.29M1.01B
EBITDA Margin---742.07%715.01%542.19%301.53%231.73%382.43%543.60%313.80%260.37%233.79%249.49%266.11%148.17%35.60%106.26%49.01%32.49%22.80%-5.40%309.71%13.91%16.66%16.72%47.75%50.02%41.26%44.19%37.00%35.04%30.43%31.87%49.92%64.60%27.39%53.99%27.33%32.44%
Net Income144.60M181.00M225.10M257.60M300.90M345.10M393.90M430.10M402.80M496.40M419.40M507.90M501.50M500.80M465.02M384.00M792.00M1.53B1.91B1.38B1.16B-896.39M-212.63M324.00M530.00M633.00M217.62M258.94M194.22M274.28M250.33M288.93M487.48M578.28M880.69M1.16B469.01M563.69M608.33M744.85M
Net Income Margin---61.69%62.83%61.71%49.07%45.91%56.80%73.76%41.39%40.35%44.00%43.75%34.98%20.83%23.05%48.87%36.67%21.21%13.22%-9.83%-11.92%5.32%7.82%11.19%28.72%30.48%23.36%27.06%21.84%20.14%25.88%24.30%37.61%48.17%19.82%21.74%20.36%23.95%
R&D--------------------------00000.360.340.30.310.50.650.270.27--
R&D as % of Total Revenue--------------------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense0002.75B3.02B2.56B1.81B1.48B2.14B3.02B2.58B2.53B1.93B2.11B2.84B2.12B1.20B1.02B1.43B3.06B5.12B7.09B5.91B3.04B2.27B2.40B82.91M89.08M95.81M128.62M185.91M308.08M522.29M707.72M541.67M382.08M542.80M13.50M1.14B1.13B
Interest Expense % of Total Revenue---658.79%631.47%458.24%225.76%158.06%302.14%448.84%254.30%200.72%168.90%184.76%213.39%115.22%35.00%32.56%27.48%46.93%58.54%77.70%331.02%49.83%33.57%42.43%10.94%10.49%11.52%12.69%16.22%21.48%27.73%29.74%23.13%15.86%22.94%0.52%38.10%36.19%

Balance Sheet

Currency: USD1986-12-311987-12-311988-12-311989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets---35.49B41.12B45.32B46.62B46.51B52.96B50.00B47.63B39.83B37.21B44.02B48.79B52.87B53.18B64.61B84.09B99.34B116.14B155.56B168.77B169.99B205.31B193.34B181.26B10.71B12.97B15.21B18.53B21.78B26.64B32.69B30.77B29.22B28.81B29.17B30.07B29.75B
Total Liabilities---34.45B40.03B44.17B45.40B45.23B51.49B48.92B46.58B38.94B36.34B42.97B47.16B51.20B51.18B61.98B80.92B95.54B111.77B150.33B163.76B164.71B200.29B188.09B176.19B9.54B11.14B13.12B16.19B19.31B23.67B29.37B5.19B5.93B27.08B27.29B27.91B27.29B
Total Equity---1.04B1.09B1.15B1.22B1.28B1.47B1.08B1.05B674.60M653.60M840.90M1.42B1.67B2.00B2.63B3.10B3.79B4.36B5.22B5.00B5.28B5.01B5.24B5.06B1.16B1.83B2.10B2.35B2.47B2.97B3.31B25.58B23.29B1.73B1.88B2.16B2.45B
Cash---7.32B7.03B6.04B6.77B1.11B2.26B1.25B270.90M54.00M115.90M589.80M734.47M715.00M758.30M1.65B3.40B2.50B2.62B7.58B4.07B6.07B4.34B2.79B3.90B2.18B2.36B2.42B1.92B1.53B2.56B5.56B4.46B4.33B4.62B4.15B4.70B4.24B
Total Debt---33.59B39.04B43.14B44.44B44.54B50.34B47.53B44.76B37.72B35.40B41.99B45.37B48.35B47.86B58.54B78.12B91.93B108.09B147.05B157.90B155.81B191.53B175.41B162.10B139.42B10.54B1.08B15.60B18.78B23.23B4.64B5.19B5.93B5.24B5.23B6.44B5.86B
Net Debt---26.27B32.01B37.10B37.67B43.43B48.07B46.28B44.49B37.66B35.28B41.40B44.64B47.64B47.10B56.89B74.73B89.43B105.47B139.46B153.83B149.74B187.19B172.61B158.20B137.24B-2.36B-1.34B249.19M1.74B1.73B-920.61M733.92M1.60B619.00M1.08B1.74B1.62B

Cash Flow

Currency: USD1989-12-311990-12-311991-12-311992-12-311993-12-311994-12-311995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow140.80M350.10M358.40M370.80M239.30M467.20M185.90M573.60M55.10M124.00M338.20M744.65M839.39M762.64M674.45M-317.22M-698.83M808.42M-51.30M-5.70B-15.91B-6.69B3.08B2.64B2.00B-436.77M-91.20M-200.93M-166.91M-102.74M-15.64M-182.67M-49.52M4.99M-144.64M-329.39M575.52M
Investing Cash Flow-2.87B-5.85B-5.16B-5.41B-833.90M-4.60B2.57B1.64B7.84B2.77B-4.17B851.82M-3.16B-105.15M-7.16B-8.78B-15.67B-14.47B-31.26B-10.67B311.05M7.41B9.47B11.85B9.21B-1.39B-1.85B-3.33B-3.21B-3.25B-2.31B947.33M2.60B1.08B-12.46M675.99M-
Financing Cash Flow6.58B5.21B3.81B977.80M-266.60M5.28B-3.76B-3.20B-8.12B-2.83B4.31B-1.45B2.30B-614.19M7.65B10.64B15.47B13.78B36.27B12.85B17.60B-2.45B-14.10B-13.38B-9.92B2.00B2.00B3.03B2.99B4.40B5.36B-1.88B-2.62B-854.89M-316.23M228.16M-500.21M
Capital Expenditure0000000000317.70M448.75M049.91M00013.82B013.35B000000000002.33B00207.63M00
Free Cash Flow140.80M350.10M358.40M370.80M239.30M467.20M185.90M573.60M55.10M124.00M20.50M295.89M839.39M712.73M674.45M-317.22M-698.83M-13.01B-51.30M-19.05B-15.91B-6.69B3.08B2.64B2.00B-436.77M-91.20M-200.93M-166.91M-102.74M-15.64M2.15B-49.52M4.99M-144.64M-329.39M575.52M
Dividends Paid48.40M67.60M90.30M105.90M118.90M123.60M110.90M101.70M93.60M95.30M99.10M116.15M126.41M142.26M278.38M332.81M376.90M433.33M139.16M110.56M115.78M71.85M172.00M257.00M284.00M12.93M19.59M21.20M15.71M15.64M67.95M56.09M65.20M121.99M118.94M117.47M700.00M
FCF to OCF100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%6.06%39.74%100.00%93.46%100.00%100.00%100.00%-1608.96%100.00%334.24%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%-1175.77%100.00%100.00%100.00%100.00%100.00%
Dividend Paid to FCF34.38%19.31%25.20%28.56%49.69%26.46%59.66%17.73%169.87%76.85%483.41%39.25%15.06%19.96%41.28%-104.92%-53.93%-3.33%-271.27%-0.58%-0.73%-1.07%5.58%9.75%14.20%-2.96%-21.49%-10.55%-9.41%-15.22%-434.44%2.61%-131.65%2443.71%-82.23%-35.66%121.63%

Earnings

Report DateOct 12, 1995Jan 12, 1996Apr 11, 1996Jul 11, 1996Oct 10, 1996Jan 14, 1997Apr 10, 1997Jul 11, 1997Oct 9, 1997Jan 13, 1998Apr 9, 1998Jul 14, 1998Oct 12, 1998Jan 14, 1999Apr 13, 1999Jul 13, 1999Oct 13, 1999Jan 13, 2000Apr 13, 2000Jul 17, 2000Oct 17, 2000Jan 18, 2001Apr 19, 2001Jul 19, 2001Oct 18, 2001Jan 17, 2002Apr 18, 2002Jul 18, 2002Oct 17, 2002Jan 16, 2003Apr 17, 2003Jul 17, 2003Oct 16, 2003Jan 15, 2004Apr 15, 2004Jul 15, 2004Oct 21, 2004Jan 19, 2005Apr 21, 2005Jul 21, 2005Oct 20, 2005Jan 19, 2006Apr 20, 2006Jul 20, 2006Oct 19, 2006Jan 18, 2007Apr 24, 2007Jul 17, 2007Oct 11, 2007Jan 23, 2008Apr 16, 2008Jul 23, 2008Oct 22, 2008Jan 21, 2009Apr 22, 2009Jul 21, 2009Oct 20, 2009Jan 20, 2010Apr 21, 2010Jul 20, 2010Oct 19, 2010Jan 19, 2011Apr 20, 2011Jul 20, 2011Oct 19, 2011Jan 18, 2012Apr 18, 2012Jul 18, 2012Oct 17, 2012Jan 16, 2013Apr 17, 2013Jul 17, 2013Oct 16, 2013Jan 16, 2014Apr 16, 2014Jul 23, 2014Oct 22, 2014Jan 21, 2015Apr 22, 2015Jul 22, 2015Oct 21, 2015Jan 20, 2016Apr 20, 2016Jul 20, 2016Oct 19, 2016Jan 18, 2017Apr 19, 2017Jul 19, 2017Oct 18, 2017Jan 17, 2018Apr 23, 2018Jul 24, 2018Oct 22, 2018Jan 23, 2019Apr 17, 2019Jul 24, 2019Oct 23, 2019Jan 22, 2020Apr 22, 2020Jul 22, 2020Dec 31, 2020Mar 31, 2021Jun 30, 2021Sep 30, 2021Feb 20, 2025Apr 24, 2025Jul 22, 2025
EPS Estimate0.110.130.150.150.160.160.180.200.220.240.250.260.210.220.240.260.250.270.260.230.240.260.280.290.320.340.350.370.400.410.420.440.470.490.500.520.560.570.590.590.630.660.650.700.720.750.750.720.740.550.380.400.350.170.120.040.040.440.290.290.270.710.400.420.340.490.520.540.540.530.610.970.590.730.550.090.170.050.070.200.080.180.110.110.110.140.150.160.170.190.240.230.240.270.300.300.250.300.830.080.000.000.000.000.000.00-
EPS Actual0.110.160.150.170.170.180.200.200.250.250.270.260.210.220.240.250.260.270.280.240.260.270.240.300.330.340.350.370.400.410.430.440.490.500.510.520.580.580.570.620.690.630.650.720.730.740.570.430.59-0.360.340.270.190.08-0.030.310.260.410.390.390.350.750.480.480.360.510.550.490.580.550.610.940.600.610.510.100.170.030.100.200.100.200.140.120.120.150.200.150.170.190.280.240.230.330.340.310.290.330.79-0.221.131.750.440.240.491.400.32
Surprise0.00%23.08%0.00%13.33%6.25%12.50%11.11%0.00%13.64%4.17%8.00%0.00%0.00%0.00%0.00%-3.85%4.00%0.00%7.69%4.35%8.33%3.85%-14.29%3.45%3.13%0.00%0.00%0.00%0.00%0.00%2.38%0.00%4.26%2.04%2.00%0.00%3.57%1.75%-3.39%5.08%9.52%-4.55%0.00%2.86%1.39%-1.33%-24.00%-40.28%-20.27%-165.45%-10.53%-32.50%-45.71%-52.94%-125.00%675.00%550.00%-6.82%34.48%34.48%29.63%5.63%20.00%14.29%5.88%4.08%5.77%-9.26%7.41%3.77%0.00%-3.09%1.69%-16.44%-7.27%11.11%0.00%-40.00%42.86%0.00%25.00%11.11%27.27%9.09%9.09%7.14%33.33%-6.25%0.00%0.00%16.67%4.35%-4.17%22.22%13.33%3.33%16.00%10.00%-4.82%-375.00%-------
Timing----------------------------------------------------------------------------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours------Pre-market

Key Statistics & Ratios

Market Cap4.83B
Enterprise Value15.36B
Trailing P/E34.36
Forward P/E0.00
PEG Ratio0.00
Price / Sales2.90
Price / Book0.00
EPS2.15
Book Value11.83
Revenue (TTM)1.69B
Gross Profit (TTM)1.69B
Profit Margin43.63%
Operating Margin29.21%
Return on Equity30.33%
Return on Assets2.53%
Shares Outstanding435.66M
Shares Float185.75M
Beta0.97
Dividend Yield7.85%
Dividend Rate5.81
Payout Ratio0.00%

Ownership Breakdown

Institutions
25.04%
Insiders
0.00%
Retail / Other
74.96%

Top Institutional Holders

  • Atlas Wealth LLC
    107.37K0.00%
  • Shikiar Asset Management Inc
    71.33K0.00%
  • IAT REINSURANCE CO LTD
    4.50K0.00%

Dividends

20263×
1.44Sep 4, 20261.43Jun 4, 20261.43Mar 5, 2026
20254×
1.51Dec 4, 20251.58Sep 4, 20251.58Jun 5, 20251.59Mar 5, 2025
20244×
1.75Dec 5, 20241.85Sep 5, 20241.90Jun 6, 20241.85Mar 1, 2024
20234×
1.86Dec 1, 20231.84Aug 31, 20231.70Jun 1, 20231.61Mar 2, 2023
20224×
1.31Dec 1, 20220.95Sep 1, 20220.66Jun 2, 20220.48Mar 3, 2022
20214×
0.46Dec 2, 20210.47Sep 2, 20210.48Jun 3, 20210.48Mar 4, 2021
20201×
0.49Dec 3, 2020