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Last $9.22 USD
Change Today +0.09 / 0.99%
Volume 1.9M
SLM On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 4:30 PM 07/30/15 All times are local (Market data is delayed by at least 15 minutes).

slm corp (SLM) Snapshot

Open
$9.10
Previous Close
$9.13
Day High
$9.25
Day Low
$9.10
52 Week High
05/18/15 - $10.76
52 Week Low
10/1/14 - $8.34
Market Cap
3.9B
Average Volume 10 Days
4.6M
EPS TTM
$0.55
Shares Outstanding
425.9M
EX-Date
06/5/14
P/E TM
16.8x
Dividend
--
Dividend Yield
--
Current Stock Chart for SLM CORP (SLM)

slm corp (SLM) Details

SLM Corporation, together with its subsidiaries, operates as a saving, planning, and paying for education company in the United States. The company offers private education loans to students and their families. It also provides banking products, such as high yield savings accounts, money market accounts, and certificates of deposits; and operates a consumer savings network that offers financial rewards on everyday purchases to help families save for college. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.

1,000 Employees
Last Reported Date: 02/26/15
Founded in 1972

slm corp (SLM) Top Compensated Officers

Executive Chairman, Chief Executive Officer a...
Total Annual Compensation: $660.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $402.5K
Executive Vice President, General Counsel and...
Total Annual Compensation: $2.2M
Chief Risk Officer and Senior Vice President
Total Annual Compensation: $810.0K
Chief Marketing Officer and Executive Vice Pr...
Total Annual Compensation: $407.5K
Compensation as of Fiscal Year 2014.

slm corp (SLM) Key Developments

Sallie Mae Announces Dividend on its Series B Preferred Stock for the Third-Quarter of 2015, Payable on September 15, 2015

Sallie Mae announced a 2015 third-quarter dividend on its Preferred Stock Series B of $0.5075461 per share. The dividend will be paid on September 15, 2015, to stockholders of record at the close of business on September 4, 2015.

SLM Corporation Reports Unaudited Consolidated Earnings Results for Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Outlook for the Year 2015

SLM Corporation reported unaudited consolidated earnings results for second quarter and six months ended June 30, 2015. For the quarter, the company’s net interest income was $168,257,000 against $144,539,000 a year ago. Income before income tax expense was $151,174,000 against $76,069,000 a year ago. Net income attributable to SLM Corporation common stock was $86,146,000 against $40,900,000 a year ago. Diluted earnings per common share attributable to SLM Corporation were $0.20 against $0.09 a year ago. Core Earnings’ attributable to SLM Corporation common stock was $85,766,000 against $45,223,000 a year ago. Core Earnings’ diluted earnings per common share were $0.20 against $0.10 a year ago. The increase in net income was primarily due to earnings-per-share contributions from a previously announced private education loan sale. Return on assets was 2.8% against 1.6% a year ago. For the six months, the company’s net interest income was $339,211,000 against $283,777,000 a year ago. Income before income tax expense was $230,595,000 against $151,741,000 a year ago. Net income attributable to SLM Corporation common stock was $129,022,000 against $88,348,000 a year ago. Diluted earnings per common share attributable to SLM Corporation were $0.30 against $0.20 a year ago. Core Earnings’ attributable to SLM Corporation common stock was $127,278,000 against $93,423,000 a year ago. Core Earnings’ diluted earnings per common share were $0.29 against $0.22 a year ago. Return on assets was 2.2% against 1.7% a year ago. For the year 2015, the company expects full-year diluted core earnings per share between $0.57 and $0.59. The company expects full year tax rates to remain around 30%.

Sallie Mae Appoints Charles Rocha as a New Executive Vice President

Sallie Mae has named Charles Rocha as a new executive vice president. Mr. Rocha continues as the company's chief marketing officer, a position he has held since 2013, overseeing product development, sales, marketing, and communications for Sallie Mae's consumer businesses, including private education loans, retail banking.

 

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Industry Analysis

SLM

Industry Average

Valuation SLM Industry Range
Price/Earnings 17.8x
Price/Sales 5.1x
Price/Book 2.8x
Price/Cash Flow 16.0x
TEV/Sales 2.6x
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