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SLM Corp

SLM
26.850USD
+0.240+0.90%
Close 10/31, 16:00ETQuotes delayed by 15 min
5.45BMarket Cap
8.99P/E TTM

SLM Corp

26.850
+0.240+0.90%

More Details of SLM Corp Company

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.

SLM Corp Info

Ticker SymbolSLM
Company nameSLM Corp
IPO dateSep 23, 1983
CEOMr. Jonathan W. (Jon) Witter
Number of employees1710
Security typeOrdinary Share
Fiscal year-endSep 23
Address300 Continental Drive
CityNEWARK
Stock exchangeNASDAQ Global Select Consolidated
CountryUnited States of America
Postal code19713
Phone13022838000
Websitehttps://www.salliemae.com/
Ticker SymbolSLM
IPO dateSep 23, 1983
CEOMr. Jonathan W. (Jon) Witter

Company Executives of SLM Corp

Name
Name/Position
Position
Shareholding
Change
Mr. Jonathan W. (Jon) Witter
Mr. Jonathan W. (Jon) Witter
Chief Executive Officer, Director
Chief Executive Officer, Director
882.03K
--
Mr. Nicolas Jafarieh
Mr. Nicolas Jafarieh
Executive Vice President, Chief Legal, Government Affairs and Communications Officer
Executive Vice President, Chief Legal, Government Affairs and Communications Officer
166.30K
+5.72%
Ms. Donna F. Vieira
Ms. Donna F. Vieira
Executive Vice President, Chief Commercial Officer
Executive Vice President, Chief Commercial Officer
131.12K
+6.50%
Ms. Vivian C. Schneck-Last
Ms. Vivian C. Schneck-Last
Independent Director
Independent Director
91.45K
+6.13%
Mr. Mark L. Lavelle
Mr. Mark L. Lavelle
Independent Director
Independent Director
78.27K
+8.47%
Ms. Kirsten O. Wolberg
Ms. Kirsten O. Wolberg
Independent Director
Independent Director
72.86K
+0.85%
Mr. Munish Pahwa
Mr. Munish Pahwa
Executive Vice President, Chief Risk Officer
Executive Vice President, Chief Risk Officer
68.58K
-12.73%
Mr. Ted Manvitz
Mr. Ted Manvitz
Independent Director
Independent Director
64.39K
+1.36%
Ms. Kerri A. Palmer
Ms. Kerri A. Palmer
Chief Operational Officer, Executive Vice President, President, Sallie Mae Bank
Chief Operational Officer, Executive Vice President, President, Sallie Mae Bank
33.85K
-61.90%
Dr. Janaki Akella
Dr. Janaki Akella
Independent Director
Independent Director
12.45K
+73.65%
View more
Name
Name/Position
Position
Shareholding
Change
Mr. Jonathan W. (Jon) Witter
Mr. Jonathan W. (Jon) Witter
Chief Executive Officer, Director
Chief Executive Officer, Director
882.03K
--
Mr. Nicolas Jafarieh
Mr. Nicolas Jafarieh
Executive Vice President, Chief Legal, Government Affairs and Communications Officer
Executive Vice President, Chief Legal, Government Affairs and Communications Officer
166.30K
+5.72%
Ms. Donna F. Vieira
Ms. Donna F. Vieira
Executive Vice President, Chief Commercial Officer
Executive Vice President, Chief Commercial Officer
131.12K
+6.50%
Ms. Vivian C. Schneck-Last
Ms. Vivian C. Schneck-Last
Independent Director
Independent Director
91.45K
+6.13%
Mr. Mark L. Lavelle
Mr. Mark L. Lavelle
Independent Director
Independent Director
78.27K
+8.47%
Ms. Kirsten O. Wolberg
Ms. Kirsten O. Wolberg
Independent Director
Independent Director
72.86K
+0.85%

Revenue Breakdown

FY2020
FY2019
No Data
By RegionUSD
Name
Revenue
Proportion
United States
0.00
0.00%
By Business
By Region
No Data

Shareholding Stats

Updated: Fri, Sep 26
Updated: Fri, Sep 26
Shareholders
Shareholder Types
Shareholders
Shareholders
Proportion
The Vanguard Group, Inc.
12.36%
BlackRock Institutional Trust Company, N.A.
8.53%
Fidelity Management & Research Company LLC
7.40%
Barrow Hanley Global Investors
6.95%
Boston Partners
5.46%
Other
59.30%
Shareholders
Shareholders
Proportion
The Vanguard Group, Inc.
12.36%
BlackRock Institutional Trust Company, N.A.
8.53%
Fidelity Management & Research Company LLC
7.40%
Barrow Hanley Global Investors
6.95%
Boston Partners
5.46%
Other
59.30%
Shareholder Types
Shareholders
Proportion
Investment Advisor
71.16%
Investment Advisor/Hedge Fund
29.79%
Hedge Fund
7.64%
Research Firm
1.93%
Sovereign Wealth Fund
1.47%
Pension Fund
1.47%
Bank and Trust
1.00%
Individual Investor
0.99%
Insurance Company
0.12%

Institutional Shareholding

Updated: Wed, Oct 1
Updated: Wed, Oct 1
Reporting Period
No. of institutions
Shares Held
Proportion
Change
2025Q3
746
231.73M
111.15%
+866.09K
2025Q2
745
219.15M
105.12%
-1.06M
2025Q1
748
223.45M
106.43%
-8.39M
2024Q4
723
224.14M
106.49%
-2.49M
2024Q3
691
216.37M
101.86%
-19.12M
2024Q2
690
221.72M
101.97%
-35.79M
2024Q1
700
229.71M
104.30%
-23.25M
2023Q4
694
227.00M
102.97%
-29.76M
2023Q3
693
229.24M
101.22%
-31.55M
2023Q2
706
229.31M
100.88%
-43.08M
View more

Shareholder Activity

Name
Shares Held
Proportion
Change
Chg %
Date
The Vanguard Group, Inc.
25.09M
12.04%
-483.59K
-1.89%
Jun 30, 2025
BlackRock Institutional Trust Company, N.A.
17.32M
8.31%
-82.04K
-0.47%
Jun 30, 2025
Fidelity Management & Research Company LLC
15.03M
7.21%
-290.58K
-1.90%
Jun 30, 2025
Barrow Hanley Global Investors
14.10M
6.76%
+5.42M
+62.46%
Jun 30, 2025
Boston Partners
11.08M
5.31%
+408.63K
+3.83%
Jun 30, 2025
Brave Warrior Advisors, LLC
10.54M
5.06%
+1.09M
+11.48%
Jun 30, 2025
Capital World Investors
7.49M
3.59%
+2.22M
+42.10%
Jun 30, 2025
Capital Research Global Investors
8.31M
3.99%
+2.36M
+39.62%
Jun 30, 2025
Impactive Capital LP
8.03M
3.85%
-1.16M
-12.66%
Jun 30, 2025
State Street Investment Management (US)
6.87M
3.3%
-94.95K
-1.36%
Jun 30, 2025
View more

Related ETFs

Updated: Mon, Oct 6
Updated: Mon, Oct 6
Name
Proportion
Adaptiv Select ETF
3.09%
InfraCap Small Cap Income ETF
2.24%
Invesco Dorsey Wright Financial Momentum ETF
1.65%
Cambria Shareholder Yield ETF
1.4%
First Trust Financials AlphaDEX Fund
1.14%
Cambria Micro and SmallCap Shareholder Yield ETF
0.9%
Fidelity Fundamental Small-Mid Cap ETF
0.81%
Invesco S&P MidCap 400 Pure Growth ETF
0.71%
Avantis US Small Cap Value ETF
0.71%
Invesco S&P MidCap Momentum ETF
0.63%
View more
Adaptiv Select ETF
Proportion3.09%
InfraCap Small Cap Income ETF
Proportion2.24%
Invesco Dorsey Wright Financial Momentum ETF
Proportion1.65%
Cambria Shareholder Yield ETF
Proportion1.4%
First Trust Financials AlphaDEX Fund
Proportion1.14%
Cambria Micro and SmallCap Shareholder Yield ETF
Proportion0.9%
Fidelity Fundamental Small-Mid Cap ETF
Proportion0.81%
Invesco S&P MidCap 400 Pure Growth ETF
Proportion0.71%
Avantis US Small Cap Value ETF
Proportion0.71%
Invesco S&P MidCap Momentum ETF
Proportion0.63%

Dividend

A total of 479.68M USD has been distributed in dividends over the past 5 years.
Date
Dividend
Record Date
Payment Date
Ex-dividend Date
Jan 22, 2025
SLM.NB Interim Cash Dividend of gross USD 0.13 paid on Mar 17, 2025 going ex on Mar 05, 2025
Mar 05, 2025
Mar 17, 2025
Mar 05, 2025
Oct 23, 2024
SLM.NB Final Cash Dividend of gross USD 0.13 paid on Dec 16, 2024 going ex on Dec 05, 2024 with reinvestment option
Dec 05, 2024
Dec 16, 2024
Dec 05, 2024
Jul 23, 2024
SLM.NB Interim Cash Dividend of gross USD 0.11 paid on Sep 16, 2024 going ex on Sep 05, 2024 with reinvestment option
Sep 05, 2024
Sep 16, 2024
Sep 05, 2024
Apr 22, 2024
SLM.NB Interim Cash Dividend of gross USD 0.11 paid on Jun 17, 2024 going ex on Jun 06, 2024 with reinvestment option
Jun 06, 2024
Jun 17, 2024
Jun 06, 2024
Jan 23, 2024
SLM.NB Interim Cash Dividend of gross USD 0.11 paid on Mar 15, 2024 going ex on Mar 01, 2024 with reinvestment option
Mar 04, 2024
Mar 15, 2024
Mar 01, 2024
Oct 24, 2023
SLM.NB Final Cash Dividend of gross USD 0.11 paid on Dec 15, 2023 going ex on Dec 01, 2023
Dec 04, 2023
Dec 15, 2023
Dec 01, 2023
Jul 25, 2023
SLM.NB Interim Cash Dividend of gross USD 0.11 paid on Sep 15, 2023 going ex on Aug 31, 2023
Sep 01, 2023
Sep 15, 2023
Aug 31, 2023
Apr 25, 2023
SLM.NB Interim Cash Dividend of gross USD 0.11 paid on Jun 15, 2023 going ex on Jun 01, 2023 with reinvestment option
Jun 02, 2023
Jun 15, 2023
Jun 01, 2023
Jan 24, 2023
SLM.NB Interim Cash Dividend of gross USD 0.11 paid on Mar 15, 2023 going ex on Mar 02, 2023 with reinvestment option
Mar 03, 2023
Mar 15, 2023
Mar 02, 2023
Oct 25, 2022
SLM.NB Final Cash Dividend of gross USD 0.11 paid on Dec 15, 2022 going ex on Dec 01, 2022 with reinvestment option
Dec 02, 2022
Dec 15, 2022
Dec 01, 2022
View more

Stock Split

Date
Type
Ratio
No Data
Date
Type
Ratio
No Data
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