SLM Corp

Overview

SLM Corp (Sallie Mae) is a saving, planning, and paying for college company that offers personal finance solutions. It offers private education loans and retail banking solutions. The company provides education loans for graduate, undergraduate, MBA, K-12, career training, parent, medical and dental school, medical and dental residency, and law study. It offers banking products such as money market accounts, certificates of deposits, originates Private Education Loans, and manages a loan portfolio, including credit card loans and loans insured or guaranteed under Federal Family Education Loan Program. The company also provides scholarship search, and college financial planning tools. Sallie Mae is headquartered in Newark, Delaware, the US.
Key Stats
Address
300 Continental Dr, NEWARK, Delaware
Headquarters

United States of America

Contact

1 302 2838000

No of Employees

1,600

Industry

Financial Services

Ticker Symbol & Exchange​

SLM [NASD]

Revenue (2020)

$2,353 m

-1.1% (2020 vs 2019)
Net Income (2020)

$881 m

52.4% (2020 vs 2019)
Net Profit Margin

37 %

54% (2020 vs 2019)
Market Cap *

$5,471 m

EPS *

$2.2

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters SLM CorpCitizens Financial Group IncNavient CorpNelnet Inc
Key Information
Headquarters United States of America United States of America United States of America United States of America
Headquarter City NEWARK PROVIDENCE WILMINGTON LINCOLN
Headquarter State/Province Delaware Rhode Island Delaware Nebraska
No. of Employees 1,600 17,407 5,560 6,199
Entity Type Public Public Public Public

Products & Services

Sallie Mae is a provider of educational finance. The company's major products and services include the following:

Products
  • Student loans:
  • 529 College Savings Plans
  • Undergraduate Student Loans
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Services
  • Student Loan
  • College Planning Services
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Kerri Palmer Executive Vice President; Chief Risk and Compliance Officer Senior Management 2021 - Ms. Kerri Palmer has been the Executive Vice President and Chief Risk and Compliance Officer of the company since 2021....
Lori Aiken Chief Diversity Officer Senior Management 2021 - Ms. Lori Aiken has been the Chief Diversity Officer of the company since 2021. She also held various leadership position...
Jonathan W. Witter Director; Chief Executive Officer Executive Board 2020 51 Mr. Jonathan W. Witter has been the Chief Executive Officer and a Director of the company since April 2020. He...
Donna Vieira Chief Commercial Officer; Executive Vice President Senior Management 2019 56 Ms. Donna Vieira is the Executive Vice President and Chief Commercial Officer of the company. Prior to this, she served...
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History

Year Event Description
2020 Contracts/Agreements In December, Sallie Mae partnered with EVERFI to offer new digital financial literacy curriculum to…
2019 Corporate Awards In January, the company’s subsidiary, Sallie Mae Bank was recognized as one of the 10…
2019 Corporate Awards In January, the company’s subsidiary, Sallie Mae Bank was recognized as one of the 10…
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2018 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2018 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam

Locations


Sallie Mae

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
26 Oct 2020 Sallie Mae (SLM) Announces Public Offering of Senior Notes Debt Offering SLM Corp
01 Jun 2020 Prodege Acquires Upromise from SLM Acquisition Prodege, LLC Upromise, Inc.
31 Mar 2017 Sallie Mae Raises USD200 Million in Public Offering of Senior Notes Due 2022 Debt Offering SLM Corp
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19 Jun 2012 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit

Jobs Overview

38

Active Jobs

55

Posted

17

Closed

Job Trends

Latest Jobs

Job title Company Country
Software Engineer II SLM Corp United States
Software Engineer II SLM Corp United States
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Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
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