Sallie Mae (SLM)
Financials · Private student lending and education finance
The nation's largest private student lender, offering education loans and banking products to help students bridge the gap between college costs and available financial aid.
What Sallie Mae does
SLM Corporation (Sallie Mae) is the largest private student loan originator and servicer in the United States. The company originates and services high-quality private education loans for students and families, bridges the gap between the cost of higher education and federal/family financial aid, and operates a bank offering FDIC-insured deposit products. As an education solutions company, Sallie Mae provides tools, resources, scholarships, and responsible financing options to support students navigating to, through, and immediately after higher education.
Themes: ["Private student lending","Higher education financing","Consumer banking","Education access and completion"]
Fundamentals
- Price$24.73 as of 2026-07-09 close
- Market cap$4.6B as of 2026-07-10
- 1-year return-25.4% as of 2026-07-09 close
- P/E6.09 as of 2026-07-10
- Net margin+19.7% as of 2026-07-10
- ROE+31.2% as of 2026-07-10
- Debt / equity2.53 as of 2026-07-10
- Revenue growth (YoY)+31.5% as of 2026-07-10
- Beta0.99 as of 2026-07-10
Dividend: yield +2.2%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Cyclical nature of private student lending with seasonal origination patterns tied to academic calendar","Interest rate sensitivity on deposits and borrowing costs, impacting net interest margin","Credit losses on education loans dependent on borrower employment outcomes and economic conditions"]
Competitors & peers
- CommonBond
- SoFi (Student Loan Corporation)
- Earnin
- Nelnet
- Major banks offering education lending (Chase, Wells Fargo, Bank of America)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.