SLM Corporation

Sallie Mae (NASDAQ: SLM) is the nation’s saving, planning, and paying for college company. Whether college is a long way off or just around the corner, Sallie Mae offers products that promote responsible personal finance including private education loans, Upromise rewards, scholarship search, college financial planning tools and online retail banking. 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.

Company Growth (employees)
Type
Public
HQ
Newark, US
Founded
1972
Size (employees)
1,300 (est)+9%
SLM Corporation was founded in 1972 and is headquartered in Newark, US

Key People 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 an office in Newark
Newark, US (HQ)
300 Continental Dr

SLM Corporation Data and Metrics

SLM Corporation Financial Metrics

SLM Corporation's revenue was reported to be $335.5 m in Q1, 2017
USD

Revenue (Q1, 2017)

335.5 m

Gross profit (Q1, 2017)

274 m

Gross profit margin (Q1, 2017), %

82%

Net income (Q1, 2017)

94.9 m

EBIT (Q1, 2017)

268.1 m

Market capitalization (21-Sep-2017)

4.7 b

Cash (31-Mar-2017)

1.1 b
SLM Corporation's current market capitalization is $4.7 b.
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
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

287.9 m218.8 m270.1 m271.1 m295.5 m335.5 m

Cost of goods sold

30.2 m33.5 m39.6 m42.5 m49.3 m61.4 m

Gross profit

257.6 m185.4 m230.5 m228.6 m246.2 m274 m

Gross profit Margin, %

90%85%85%84%83%82%
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

Total Assets

160 b13 b15.2 b18.5 b
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

1.5 b1.6 b875.6 m1.3 b1.3 b938.5 m1 b1.5 b1.1 b

PP&E

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

Total Assets

11.4 b11.7 b12.9 b12.9 b14.5 b15.3 b15.6 b17.7 b19.2 b

Accounts Payable

8.9 b9.2 b10.5 b10.3 b10.6 b11.5 b11.9 b12.9 b13.4 b
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)

Cash From Financing Activities

(9.9 b)2 b2 b3 b

Interest Paid

2.2 b90.3 m111.6 m169.9 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

91.1 m174.1 m47.7 m138.7 m184.4 m123.1 m180.1 m94.9 m

Accounts Payable

(2.9 m)(352 k)

Dividends Paid

(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)

Cash From Financing Activities

405.6 m650.8 m(97.1 m)(217.2 m)1.3 b31.3 m320.5 m2.3 b590.9 m
Y, 2017

Financial Leverage

7.9 x
Show all financial metrics

SLM Corporation Operating Metrics

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

Non-performing Loans

$10.7 m$12.9 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

Merchants

1 k850

Consumers (Sallie Mae)

700 k400 k200 k
Show all operating metrics

SLM Corporation Market Value History

Traffic Overview of SLM Corporation

SLM Corporation Online and Social Media Presence

SLM Corporation News and Updates

Fair Game: At Student Loan Giant Navient, Troubled Past Was Prologue

Allegations against student loan servicing company appear to follow a tainted pattern.

In Navient Lawsuits, Unsettling Echoes of Past Lending Crisis

The largest U.S. collector of student loan payments is accused of engaging in the sloppiness and misleading tactics seen in the subprime market.

Breakingviews: Student Loan Suit Is Bold Gambit on Eve of Trump Presidency

A government lawsuit accusing Navient of misleading borrowers raises issues similar to those that tripped up subprime lenders a decade ago.

Student Loan Collector Cheated Millions, Lawsuits Say

Navient made serious mistakes at every step of the loan collection process, the Consumer Financial Protection Bureau said in a lawsuit.

Taking the Long View Paid Off in the Short Term, Too

Three of the top-performing mutual funds for the fourth quarter stuck with stocks much longer than most do. That paid off.

Your Money Adviser: Sallie Mae Now Offers Education Loans to Parents, Too

As college costs continue to increase and the student debt burden grows, more lenders are offering flexible, and possibly cheaper, options.

SLM Corporation Company Life and Culture

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