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SLM

SLM

SLM Corporation, known as Sallie Mae, is a leading financial services company focused on the higher education market.

Market cap
$4.74B-28.6%
Net income$748.3M+20.1%
EPS (diluted)$3.60+29.5%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 22, 2026 (in 3 months)
Revenue estimate$489.4M
EPS estimate$0.40

Financials

Q1 2026

Income statement

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Net income$308.0M+1.1%
EPS (diluted)$1.54+10.0%

Balance sheet

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Cash & equivalents$5.4B+39.1%
Total debt$6.7B+8.5%
Total equity$2.4B+1.5%
Total assets$29.4B+1.8%

Cash flow

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Operating cash flow-$76.0M+48.0%

Valuation & ratios

Valuation

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Market cap$4.74B-28.6%
Enterprise value$6.02B-32.1%
P/E6.3×-8.9×

Returns & leverage

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Return on equity30.9%+3.3pp
Debt / equity2.7×+0.2×

Competitors

Profile

SLM Corporation, known as Sallie Mae, is a leading financial services company focused on the higher education market. The company provides private student loans, retail banking products, and digital tools to help students and families plan, finance, and manage the costs of post-secondary education. Its core value proposition centers on bridging the gap between federal aid and the total cost of attendance through responsible lending and education solutions.

Competitive position

Sallie Mae is the premier financial brand in higher education, serving more families than any other private student loan lender with a significant market share in the private education loan space.

GeographiesUnited States
Customer segmentsHigher education students, Retail banking customers, Graduate professionals
Business modelB2C Lending, Interest Income, Fee-based Servicing, Asset-backed Securitization
SuppliersCapital markets for ABS funding, Retail depositors, Credit reporting agencies, Higher education institutions for loan certification
CustomersUndergraduate and graduate students, Parents and cosigners, Institutional investors in asset-backed securities
Listed1983
Employees1.7K
CEOJonathan W. Witter
FilingsSEC EDGAR

Questions, answered.

What is SLM's market cap?
SLM (SLM) has a market capitalization of $4.7B and trades on NASDAQ.
Who are SLM's competitors?
SLM's key competitors include Navient Corporation, SoFi Technologies, Inc., Citizens Financial Group, Inc., and others. These companies compete in similar markets and product categories.
Who does SLM partner with?
SLM's notable partners include Chicago Mercantile Exchange, London Clearing House.
What subsidiaries does SLM have?
SLM's subsidiaries include Sallie Mae Bank, Epic Research Education Services, LLC, Scholly, Inc..
Where is SLM headquartered?
SLM is headquartered in United States of America and employs approximately 1,740 people. It has been publicly traded since 1983.