NASDAQ Framework: SLM Corporation

Private student loans and banking services 1.

SLM Corporation, commonly known as Sallie Mae, is a publicly traded U.S. corporation that provides consumer banking services, with a primary focus on originating and servicing private education loans to students and their families to finance the cost of education in the United States 2 3. In addition to student loans, the company offers retail deposit accounts, including certificates of deposit, money market accounts, and high-yield savings accounts 4. Founded in 1972 and headquartered in Newark, Delaware, SLM Corporation has evolved from a government entity servicing federal education loans to a private organization concentrating on private student loans, banking products, and credit cards for college students and their families 5 6.

2: SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It is also involved in the provision of retail deposit accounts, including certificates of deposit, money market accounts, and high-yield savings accounts; and interest-bearing omnibus accounts. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware. View Source3: SLM Corporation (commonly known as Sallie Mae; originally the Student Loan Marketing Association) is a publicly traded U.S. corporation that provides consumer banking. Its nature has changed dramatically since it was set up in the early 1970s; initially a government entity that serviced federal education loans, it then became private and began offering private student loans. View Source4: SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It is also involved in the provision of retail deposit accounts, including certificates of deposit, money market accounts, and high-yield savings accounts; and interest-bearing omnibus accounts. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware. View Source5: SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It is also involved in the provision of retail deposit accounts, including certificates of deposit, money market accounts, and high-yield savings accounts; and interest-bearing omnibus accounts. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware. View Source6: SLM Corporation, the company that operates Sallie Mae, was formed in 2013.[20] On February 25, 2014, Sallie Mae announced the launch of Navient, a separate entity for federal student loan servicing. On April 30, Sallie Mae legally separated from Navient, and made its primary focus private student loans, banking products, and credit cards for college students and their families.[21] View Source

NO

SLM Corporation, originally founded as a government entity, has undergone significant changes since its inception in 1972. The company transitioned to a private organization and changed its name to SLM Corporation in December 2013. There is no indication that the founders are still leading or heavily involved in the company 7 8 9.

7: SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It is also involved in the provision of retail deposit accounts, including certificates of deposit, money market accounts, and high-yield savings accounts; and interest-bearing omnibus accounts. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware. View Source8: SLM Corporation (commonly known as Sallie Mae; originally the Student Loan Marketing Association) is a publicly traded U.S. corporation that provides consumer banking. Its nature has changed dramatically since it was set up in the early 1970s; initially a government entity that serviced federal education loans, it then became private and began offering private student loans. View Source9: SLM Corporation, the company that operates Sallie Mae, was formed in 2013.[20] On February 25, 2014, Sallie Mae announced the launch of Navient, a separate entity for federal student loan servicing. On April 30, Sallie Mae legally separated from Navient, and made its primary focus private student loans, banking products, and credit cards for college students and their families.[21] View Source

MEDIUM RISK

SLM Corporation, commonly known as Sallie Mae, has shown positive financial performance indicators, such as a significant increase in earnings per share and a strong total shareholder return over the last five years 10 11. However, the company has also experienced fluctuations in its credit ratings, with Fitch recently affirming its rating at 'BBB-' with a stable outlook 12. Additionally, there have been instances of insider trading, which could indicate varying levels of confidence among the company's leadership 13. These mixed signals suggest that while SLM Corporation is not in immediate financial distress, there are enough uncertainties to classify it as medium risk.

10: Over half a decade, SLM managed to grow its earnings per share at 24% a year. The EPS growth is more impressive than the yearly share price gain of 18% over the same period. So one could conclude that the broader market has become more cautious towards the stock. The reasonably low P/E ratio of 7.03 also suggests market apprehension. View Source11: When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. We note that for SLM the TSR over the last 5 years was 156%, which is better than the share price return mentioned above. This is largely a result of its dividend payments! View Source12: Fitch Affirms SLM Corporation's Ratings at 'BBB-': Outlook Remains Stable View Source13: SLM Corp (NASDAQ:SLM), commonly known as Sallie Mae, disclosed in a recent filing that director Robert Strong has sold a portion of his company stock. The transaction, which took place on July 1, 2024, involved the sale of 4,500 shares at a weighted average price of $20.8931, totaling approximately $94,018. View Source

NO

There is no evidence to suggest that SLM Corporation is launching any new product offerings [f30312-f30221]NO

There is no evidence to suggest that SLM Corporation is launching any new product offerings [f30312-f30221].

SLM Corporation's product roadmap and expansion strategy for 2024 through 2026 focuses on enhancing its market share in the private student loan sector, driven by increasing enrollments and operational strategies aimed at financial performance improvement 14. The company has also showcased robust earnings growth, with significant increases in earnings per share and total shareholder returns 15 16. Additionally, SLM Corporation plans to continue offering retail deposit accounts, including certificates of deposit, money market accounts, and high-yield savings accounts, while maintaining a strong focus on private education loans 17. The strategy includes leveraging partnerships and possibly expanding its product offerings to support its growth trajectory 18 19.

14: These developments indicate a positive trajectory for both SLM Corp and Sylvamo. Analysts at TD Cowen have raised the stock price target for SLM Corp, citing expected growth in the company's market share in the private student loan sector, driven by increasing enrollments. All these highlights reflect the recent developments in the companies' financial health and market positions. View Source15: In other recent news, SLM Corp showcased robust first-quarter earnings for 2024, with a GAAP diluted EPS of $1.27 per share, a significant increase from $0.47 in the same period last year. The company also finalized a considerable loan sale of $1.5 billion, completed earlier than anticipated by analysts. TD Cowen has maintained a Buy rating for SLM Corp and set the price target at $27.00, reflecting confidence in the company's operational strategies and financial performance. View Source16: Over half a decade, SLM managed to grow its earnings per share at 24% a year. The EPS growth is more impressive than the yearly share price gain of 18% over the same period. So one could conclude that the broader market has become more cautious towards the stock. The reasonably low P/E ratio of 7.03 also suggests market apprehension. View Source17: SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It is also involved in the provision of retail deposit accounts, including certificates of deposit, money market accounts, and high-yield savings accounts; and interest-bearing omnibus accounts. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware. View Source18: Sallie Mae (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new goals and experiences, beyond college, happen. Learn more at SallieMae.com. Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America. View Source19: SLM Corporation, the company that operates Sallie Mae, was formed in 2013.[20] On February 25, 2014, Sallie Mae announced the launch of Navient, a separate entity for federal student loan servicing. On April 30, Sallie Mae legally separated from Navient, and made its primary focus private student loans, banking products, and credit cards for college students and their families.[21] View Source

Sources

1: SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It is also involved in the provision of retail deposit accounts, including certificates of deposit, money market accounts, and high-yield savings accounts; and interest-bearing omnibus accounts. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware. View Source2: SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It is also involved in the provision of retail deposit accounts, including certificates of deposit, money market accounts, and high-yield savings accounts; and interest-bearing omnibus accounts. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware. View Source3: SLM Corporation (commonly known as Sallie Mae; originally the Student Loan Marketing Association) is a publicly traded U.S. corporation that provides consumer banking. Its nature has changed dramatically since it was set up in the early 1970s; initially a government entity that serviced federal education loans, it then became private and began offering private student loans. View Source4: SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It is also involved in the provision of retail deposit accounts, including certificates of deposit, money market accounts, and high-yield savings accounts; and interest-bearing omnibus accounts. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware. View Source5: SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It is also involved in the provision of retail deposit accounts, including certificates of deposit, money market accounts, and high-yield savings accounts; and interest-bearing omnibus accounts. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware. View Source6: SLM Corporation, the company that operates Sallie Mae, was formed in 2013.[20] On February 25, 2014, Sallie Mae announced the launch of Navient, a separate entity for federal student loan servicing. On April 30, Sallie Mae legally separated from Navient, and made its primary focus private student loans, banking products, and credit cards for college students and their families.[21] View Source7: SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It is also involved in the provision of retail deposit accounts, including certificates of deposit, money market accounts, and high-yield savings accounts; and interest-bearing omnibus accounts. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware. View Source8: SLM Corporation (commonly known as Sallie Mae; originally the Student Loan Marketing Association) is a publicly traded U.S. corporation that provides consumer banking. Its nature has changed dramatically since it was set up in the early 1970s; initially a government entity that serviced federal education loans, it then became private and began offering private student loans. View Source9: SLM Corporation, the company that operates Sallie Mae, was formed in 2013.[20] On February 25, 2014, Sallie Mae announced the launch of Navient, a separate entity for federal student loan servicing. On April 30, Sallie Mae legally separated from Navient, and made its primary focus private student loans, banking products, and credit cards for college students and their families.[21] View Source10: Over half a decade, SLM managed to grow its earnings per share at 24% a year. The EPS growth is more impressive than the yearly share price gain of 18% over the same period. So one could conclude that the broader market has become more cautious towards the stock. The reasonably low P/E ratio of 7.03 also suggests market apprehension. View Source11: When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. We note that for SLM the TSR over the last 5 years was 156%, which is better than the share price return mentioned above. This is largely a result of its dividend payments! View Source12: Fitch Affirms SLM Corporation's Ratings at 'BBB-': Outlook Remains Stable View Source13: SLM Corp (NASDAQ:SLM), commonly known as Sallie Mae, disclosed in a recent filing that director Robert Strong has sold a portion of his company stock. The transaction, which took place on July 1, 2024, involved the sale of 4,500 shares at a weighted average price of $20.8931, totaling approximately $94,018. View Source14: These developments indicate a positive trajectory for both SLM Corp and Sylvamo. Analysts at TD Cowen have raised the stock price target for SLM Corp, citing expected growth in the company's market share in the private student loan sector, driven by increasing enrollments. All these highlights reflect the recent developments in the companies' financial health and market positions. View Source15: In other recent news, SLM Corp showcased robust first-quarter earnings for 2024, with a GAAP diluted EPS of $1.27 per share, a significant increase from $0.47 in the same period last year. The company also finalized a considerable loan sale of $1.5 billion, completed earlier than anticipated by analysts. TD Cowen has maintained a Buy rating for SLM Corp and set the price target at $27.00, reflecting confidence in the company's operational strategies and financial performance. View Source16: Over half a decade, SLM managed to grow its earnings per share at 24% a year. The EPS growth is more impressive than the yearly share price gain of 18% over the same period. So one could conclude that the broader market has become more cautious towards the stock. The reasonably low P/E ratio of 7.03 also suggests market apprehension. View Source17: SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It is also involved in the provision of retail deposit accounts, including certificates of deposit, money market accounts, and high-yield savings accounts; and interest-bearing omnibus accounts. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware. View Source18: Sallie Mae (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new goals and experiences, beyond college, happen. Learn more at SallieMae.com. Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America. View Source19: SLM Corporation, the company that operates Sallie Mae, was formed in 2013.[20] On February 25, 2014, Sallie Mae announced the launch of Navient, a separate entity for federal student loan servicing. On April 30, Sallie Mae legally separated from Navient, and made its primary focus private student loans, banking products, and credit cards for college students and their families.[21] View Source