SLM Corp. engages in the provision and administration of education loans. Its services include private education loans, banking, college savings, and insurance services. The company was founded in 1972 and is headquartered in Newark, DE.

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SLM reports solid Q4 performance amidst charge off challenges

SLM's Q4 2022 performance showcased strong loan originations and improved net interest income, despite challenges from elevated charge offs.
The company's strategic focus on market share growth, capital return, and technology enhancements positions it well for future growth.
Addressing challenges related to charge offs and risk segments while leveraging opportunities in buyback programs and loss mitigation will be key for SLM's success.

SLM reports robust Q1 performance and plans for loan sales

SLM delivered a strong Q1 performance with improved credit quality and strategic initiatives driving growth in private education loan originations.
Despite challenges in managing post-COVID repayment habits and interest rate sensitivity, the company's focus on financial stability and market competitiveness positions it well for future opportunities.
With a positive outlook for 2023 and plans for additional loan sales, Sallie Mae remains focused on optimizing performance and maintaining investor confidence.

Sallie Mae reports Q2 earnings decline but eyes growth opportunities

Sallie Mae's Q2 performance saw a decline in EPS but strong loan originations and strategic actions. The company faces challenges from economic uncertainties and higher expenses. However, opportunities lie in application growth and earnings potential from premium and reserve release.

SLM reports successful Q3 with focus on credit quality and growth prospects

SLM's Q3 2023 earnings call highlighted strong performance, strategic focus on credit quality, and growth prospects. Challenges include refinancing obstacles and low consolidation rates. Opportunities lie in market share gains and underwriting high-return loans.

SLM posts robust Q4 earnings, eyes growth amid market challenges

SLM delivered strong financial performance in Q4 2023, showcasing growth in loan originations and improved credit quality. While facing challenges such as market constraints and competition dynamics, the company remains optimistic about growth opportunities and strategic initiatives for 2024.

SLM (SLM) reports robust Q1 earnings, eyes growth amid challenges

SLM's Q1 '24 earnings call showcases strong financial performance, credit quality improvements, and a focus on capital return strategies.
While facing challenges such as rising operating expenses and industry changes, SLM remains optimistic about the year ahead and its growth prospects.
By addressing challenges, leveraging opportunities, and maintaining a focus on financial strength, SLM aims to navigate market dynamics successfully in 2024.

SLM reports steady Q2 growth, focuses on risk management

SLM's Q2 2024 performance showed incremental growth in EPS and loan originations, supported by improved credit quality and strategic loan sales.
While challenges like credit provisions persist, the company's strengths in risk management and capital allocation position it well for future opportunities.
By capitalizing on positive outlooks and optimizing operations, SLM aims to navigate challenges and drive sustainable growth in the education loan market.

SLM reports solid Q3 results, focuses on shareholder value

SLM showcased strong performance in originations and credit improvement, while focusing on enhancing shareholder value through capital return strategies.
Despite challenges such as increased noninterest expenses, the company maintains solid liquidity and capital positions, with a proactive approach to risk management.
Opportunities lie in exploring potential loan sales, gaining market share from competitors' exits, and leveraging stable enrollment trends for future growth.

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Sallie Mae's (SLM) dominant position as an education loan provider, its cost reduction efforts and solid earnings growth projections make it worth betting on.

Here Are 6 Reasons Why Sallie Mae (SLM) Stock Is Worth Buying

Does Sallie Mae (SLM) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here's Why Sallie Mae (SLM) is a Great Momentum Stock to Buy

Enova Int.

Weak consumer sentiments and relatively lower rates hurt the interest income of Zacks Consumer Loans industry players. Yet, robust asset quality and efforts to digitize operations will aid consumer loan providers like SLM Corporation (SLM) and Enova (ENVA).

2 Consumer Loan Stocks to Buy Despite Industry Challenges

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM) today announced CFO Steven McGarry will speak at the 2022 RBC Capital Markets Global Financial Institutions Conference on Tuesday, March 8, at 2 p.m. ET. A live audio webcast and replay, along with presentation slides, 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 financin

Sallie Mae Chief Financial Officer to Present at 2022 RBC Capital Markets Global Financial Institutions Conference

NEWARK, Del.--(BUSINESS WIRE)--Eight in ten college-bound juniors and seniors (81%) view higher education as a path to better opportunities, yet fewer than half (42%) of families feel confident about financing that education, according to “College Confidence: What America Knows About Paying for College,” the latest national study from Sallie Mae® and Ipsos. In addition, 42% of college-bound families agree they need help planning to pay for college, and 43% believe there are too few resources to

New Research Shows College-Bound Families Strongly Believe in the Value of College, but Lack Confidence and Understanding About Funding Their Education

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM) today announced CEO Jon Witter will speak at the Credit Suisse Financial Services Forum on Thursday, Feb. 17, at 3:30 p.m. ET. A live audio webcast and replay, along with presentation slides, 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-how to support a

Sallie Mae Chief Executive Officer to Present at Credit Suisse Financial Services Forum

While a higher fee income drives Sallie Mae's (SLM) Q4 results, muted net interest income and increased expenses act as spoilsports.

Sallie Mae (SLM) Tops on Q4 Earnings, To Buy Nitro College

SLM Corp's (SLM) CEO Jon Witter on Q4 2021 Results - Earnings Call Transcript

Sallie Mae (SLM) delivered earnings and revenue surprises of 3.96% and 3.81%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Sallie Mae (SLM) Q4 Earnings Beat Estimates

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released fourth-quarter and full-year 2021 financial results. Highlights of those results are included in the attached supplement. Complete financial results are available at www.SallieMae.com/investors. Sallie Mae will host an earnings conference call tomorrow, Jan. 27, 2022, at 8 a.m. ET. Executives will be on hand to discuss various highlights of the quarter and to answer questions related to Sallie Mae'

Sallie Mae Reports Fourth-Quarter and Full-Year 2021 Financial Results

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today announced it has entered into a definitive agreement with Epic Research LLC to acquire Delaware-based Nitro College (Nitro), a digital marketing and education solutions company. The deal will bring innovative products, tools, and resources to help students and families confidently navigate their higher education journey and enhance future strategic growth opportunities for Sallie Mae. Nitro is a leader in h

Sallie Mae Agrees to Acquire Nitro College, a Delaware-based Digital Marketing and Education Solutions Company

After losing some value lately, a hammer chart pattern has been formed for Sallie Mae (SLM), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

Here's Why Sallie Mae (SLM) Could be Great Choice for a Bottom Fisher

NEWARK, Del.--(BUSINESS WIRE)--The Sallie Mae Fund, the charitable arm of Sallie Mae®, in partnership with Thurgood Marshall College Fund, today announced the latest recipients of the Bridging the Dream Scholarship for High School Seniors. Twenty-eight deserving students across the country have collectively been awarded nearly $250,000 in scholarships to make their dreams of higher education a reality. Now in its sixth year, The Bridging the Dream Scholarship for High School Seniors focuses on

Sallie Mae Awards Nearly $250,000 in Scholarships to Help High School Seniors Access Higher Education

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM) will release fourth-quarter and full-year 2021 financial results after market close on Wednesday, Jan. 26, 2022. The earnings release will be available through Sallie Mae's Investor Relations website. A live audio webcast and presentation slides will be available at SallieMae.com/investors and the hosting website on Thursday, Jan. 27, 2022, at 8 a.m. ET. Investors should log in at least 15 minutes prior to the broadcast. Participants may

Sallie Mae to Release Fourth-Quarter and Full-Year 2021 Financial Results on Jan. 26

NEWARK, Del.--(BUSINESS WIRE)--The Sallie Mae Fund, the charitable arm of Sallie Mae®, today announced grants of $125,000 each to Hispanic Association of Colleges and Universities (HACU) and Point Foundation. The grants are part of a multi-year, $4.5 million commitment by The Sallie Mae Fund announced last year to increase higher education access and completion among minority students and underserved communities. In total, The Sallie Mae Fund has contributed $500,000 to HACU and Point Foundatio

Sallie Mae Contributes $250,000 to Advance Access and Equity in Higher Education

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Sallie Mae (SLM) reported earnings 30 days ago. What's next for the stock?

Sallie Mae (SLM) Up 0.3% Since Last Earnings Report: Can It Continue?

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM) today announced CEO Jon Witter will speak at the Stephens Annual Investment Conference on Wednesday, Dec. 1, at 3 p.m. ET (2 p.m. CT). A live audio webcast and replay will be available at SallieMae.com/investors/webcasts-and-presentations/. 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-how to support

Sallie Mae® CEO Jon Witter to Speak at the Stephens Annual Investment Conference

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced the appointment of Samuel Ramsey to its board of directors, effective immediately. Mr. Ramsey joins the Board bringing more than 30 years of experience in consumer and commercial banking, with expertise in risk management, finance, treasury, and the capital markets. He has served as Chief Risk Officer for Chase, the consumer and small business organization within JP Morgan Chase & Co., and pr

Sallie Mae Appoints Samuel Ramsey to Its Board of Directors

NEWARK, Del.--(BUSINESS WIRE)--Latest research confirms that 44% of families didn't use scholarships last year to pay for college, and nearly three-quarters of those families simply didn't apply. The reality is, there are millions of scholarships available to students of all backgrounds and interests. They key is knowing where to find them, and of course, when, and how to apply. Sallie Mae's Scholarship Search is free and home to 6 million scholarships collectively worth up to $30 billion. Stud

Latest Research Confirms Families Underutilizing Scholarships for Higher Education

On Thursday, SLM Corp (NASDAQ:SLM) shares advanced by nearly 3% after announcing its most recent quarterly results. The company reported its fiscal Q3 revenue and earnings Wednesday after markets closed, beating analyst expectations.

Should you invest in SLM after a 267% dividend raise?

SLM Corporation (SLM) CEO Jon Witter on Q3 2021 Results - Earnings Call Transcript

Sallie Mae (SLM) delivered earnings and revenue surprises of 41.18% and 4.32%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Sallie Mae (SLM) Q3 Earnings and Revenues Surpass Estimates

NEWARK, Del.--(BUSINESS WIRE)--Please replace the document with the accompanying corrected document. The release reads: SALLIE MAE REPORTS THIRD-QUARTER 2021 FINANCIAL RESULTS Third-Quarter GAAP Net Income Attributable to Common Stock of $72 Million, or $0.24 Per Diluted Share; Third-Quarter “Core Earnings” Attributable to Common Stock of $74 Million, or $0.24 Per Diluted Share Private Education Loan Originations of $2.1 Billion in Third Quarter of 2021, an Increase of 10 Percent from Year-Ago

CORRECTING and REPLACING ATTACHMENT Sallie Mae Reports Third-Quarter 2021 Financial Results

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced an increase to its 2021 fourth-quarter dividend on its common stock from $0.03 to $0.11 per share. The company also announced a 2021 fourth-quarter dividend on its Preferred Stock Series B of $0.45955 per share. Both common stock and preferred stock dividends will be paid on Dec. 15, 2021, to the respective stockholders of record at the close of business on Dec. 3, 2021. Sallie Mae (Nasdaq: SLM)

News for SLM Stock (SLM)