SLM Corporation is a holding company for Sallie Mae Bank, which is a saving, planning and paying for college company. 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. SLM is engaged in originating and servicing Private Education Loans it makes to students and their families; it also operates Upromise, a consumer savings network that provides financial rewards on everyday purchases to help families save for college. 

Type
Public
HQ
Newark, US
Founded
1972
Size (employees)
1,300 (est)
SLM Corporation was founded in 1972 and is headquartered in Newark, US
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Key People/Management at SLM Corporation

Raymond Quinlan

Raymond Quinlan

Chairman and Chief Executive Officer
Steven McGarry

Steven McGarry

Executive Vice President and Chief Financial Officer
Charles Rocha

Charles Rocha

Executive Vice President and Chief Marketing Officer
Jeffrey Dale

Jeffrey Dale

Senior Vice President and Chief Risk Officer
Laurent Lutz

Laurent Lutz

Executive Vice President, General Counsel, and Corporate Secretary

SLM Corporation Office Locations

SLM Corporation has offices in Indianapolis and Newark
Newark, US (HQ)
300 Continental Dr
Indianapolis, US
8425 Woodfield Crossing Blvd
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SLM Corporation Financials and Metrics

SLM Corporation Financials

SLM Corporation's revenue was reported to be $1.08 b in FY, 2016 which is a 29.6% increase from the previous period.
USD

Revenue (Q1, 2018)

450.8 m

Gross profit (Q1, 2018)

346.1 m

Gross profit margin (Q1, 2018), %

76.8%

Net income (Q1, 2018)

126.3 m

EBIT (Q1, 2018)

332.6 m

Market capitalization (23-May-2018)

5.1 b

Closing share price (23-May-2018)

11.7

Cash (31-Mar-2018)

1.4 b

EV

7.4 b
SLM Corporation's current market capitalization is $5.1 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

5.4 b674.3 m831.1 m1.1 b

Revenue growth, %

(87%)23%30%

Cost of goods sold

128.6 m185.9 m

Gross profit

702.5 m891.3 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

287.9 m218.8 m270.1 m271.1 m295.5 m335.5 m349.1 m372.3 m450.8 m

Cost of goods sold

30.2 m33.5 m39.6 m42.5 m49.3 m61.4 m72.2 m84.2 m104.6 m

Gross profit

257.6 m185.4 m230.5 m228.6 m246.2 m274 m276.9 m288.2 m346.1 m

Gross profit Margin, %

90%85%85%84%83%82%79%77%77%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

5.2 b2.4 b2.4 b1.9 b

Accounts Receivable

469.7 m564.5 m21.7 m

PP&E

78.5 m81.3 m87.1 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

4.3 b3.7 b1.5 b1.6 b875.6 m1.3 b1.3 b938.5 m1 b1.5 b1.1 b1.3 b1.2 b1.4 b

Inventories

996 m787 m

PP&E

77.8 m78.8 m79.8 m80.4 m80.2 m81.3 m86.5 m86.7 m88 m89 m89 m97.2 m

Total Assets

162 b156 b11.4 b11.7 b12.9 b12.9 b14.5 b15.3 b15.6 b17.7 b19.2 b19.5 b21 b23.4 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

1.4 b193.8 m274.3 m250.3 m

Dividends Paid

(20 m)(12.9 m)(19.6 m)(21.2 m)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

1.1 b219 m91.1 m174.1 m47.7 m138.7 m184.4 m123.1 m180.1 m94.9 m165.6 m241.9 m126.3 m

Accounts Payable

(61 m)(2.9 m)(352 k)

Dividends Paid

(15 m)(5 m)(3.2 m)(8.1 m)(4.8 m)(9.7 m)(14.6 m)(5.1 m)(10.4 m)(15.7 m)(5.6 m)(9.5 m)(12.6 m)(3.4 m)

Cash From Financing Activities

(7.6 b)(3 b)405.6 m650.8 m(97.1 m)(217.2 m)1.3 b31.3 m320.5 m2.3 b590.9 m879.6 m2.3 b1.5 b
USDY, 2018

EV/EBIT

22.2 x

Revenue/Employee

346.7 k

Financial Leverage

9 x
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SLM Corporation Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

FFELP Loans Issued

$1.35 b$1.21 b$1.18 m$1.14 b$1.18 b$1.09 b$1.06 b$1.03 b$1.06 b$990.61 m$968.40 k

Merchants

1 k850

Non-performing Loans

$10.70 m$12.90 m$10.07 m$12.84 m$20.99 m$29.48 m$23.67 m$21.83 m$24.17 m$32.64 m$30.34 m

Total Cardholders

340 k390 k380 k
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SLM Corporation News and Updates

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