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Sallie Mae, a major private student loan lender, has seen significant growth, capturing 64% market share and increasing originations YoY. The company has improved its financials by shedding federal loan portfolios and leveraging economies of scale, boosting net income. SLM's banking component, with $21.1 billion in deposits, diversifies funding through retail and brokered deposits, and securitizes loans with high borrower interest rates.
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today announced its 2025 annual meeting of stockholders will take place on June 17, 2025, at 1 p.m. ET. The annual meeting will be held virtually and will be open to stockholders of record as of the close of business on April 21, 2025. Additional details will be included in the company's proxy statement to be filed with the Securities and Exchange Commission in late April. Sallie Mae (Nasdaq: SLM) believes educat.
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced Chief Executive Officer Jon Witter will speak at the 2025 RBC Capital Markets Global Financial Institutions Conference on Tuesday, March 4, at 9:20 a.m. ET. A live audio webcast and replay will be available at SallieMae.com/investors. Sallie Mae (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we pro.
SLM's inorganic expansion efforts and a focus on improving private student loans look encouraging. Read more to find out whether it is right to buy the stock.
This article analyzes the Sallie Mae Series B preferred stock (SLMBP), highlighting its unique characteristics and investment implications. SLMBP's features include its perpetual nature, floating rate structure (SOFR + 170 bps + Libor adjustment), non-cumulative dividends, and unusual $100 par value. The current yield is a key driver of SLMBP's price and explains the sensitivity to changes in SOFR. The discussion of "higher for longer" and its impact is crucial.
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced Chief Financial Officer Pete Graham will speak at the Bank of America Securities 2025 Financial Services Conference on Wednesday, Feb. 12, at 12:10 p.m. ET. A live audio webcast and replay will be available at SallieMae.com/investors. Sallie Mae (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we pro.
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced Chief Financial Officer Pete Graham will speak at the 2025 UBS Financial Services Conference on Monday, Feb. 10, at 12:10 p.m. ET. A live audio webcast and replay will be available at SallieMae.com/investors. Sallie Mae (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-ho.
SLM Corporation has shown strong performance with a 50% one-year return, driven by increased private education loan originations and improved credit quality. SLM's 2024 highlights include record loan originations, improved credit quality, and a robust capital return strategy, indicating management's confidence in long-term growth. Despite regulatory risks and operational cash flow challenges, SLM's appealing valuation and growth prospects make it a potential buy for investors comfortable with some uncertainty.
SLM's fourth-quarter 2024 results benefit from a rise in NII and robust originations. However, the increase in expenses plays spoilsport.
SLM Corporation (NASDAQ:SLM ) Q4 2024 Earnings Conference Call January 23, 2025 5:30 PM ET Company Participants Melissa Bronaugh - VP & Head, IR Jon Witter - CEO & Director Pete Graham - EVP & CFO Conference Call Participants Terry Ma - Barclays Mark DeVries - Deutsche Bank Michael Kaye - Wells Fargo Moshe Orenbuch - TD Cowen Jeff Adelson - Morgan Stanley John Hecht - Jefferies Nate Richam - Bank of America Rick Shane - JPMorgan Sanjay Sakhrani - KBW Giuliano Bologna - Compass Point Jon Arfstrom - RBC Capital Markets Operator Welcome to the Sallie Mae Fourth Quarter and Full Year 2024 Earnings Conference Call. At this time, all participants have been placed on a listen-only mode and the floor will be open for your questions following the prepared remarks.