SLM CORP's ticker is SLM and the CUSIP is 78442P106. A total of 291 filers reported holding SLM CORP in Q3 2023. The put-call ratio across all filers is 0.87 and the average weighting 0.1%.
About SLM CORP
SLM Corp, commonly known as Sallie Mae, is a publicly traded company that specializes in providing education loans to students and their families. The company was founded in 1972 and has since become one of the largest providers of student loans in the United States.
Despite the challenges posed by the COVID-19 pandemic, Sallie Mae has continued to perform well. In the first quarter of 2021, the company reported net income of $346 million, up from $163 million in the same period last year. This increase was largely due to higher net interest income and lower provision for credit losses.
Sallie Mae has also been actively working to expand its offerings beyond traditional student loans. In 2020, the company launched a credit card aimed at college students, which offers rewards for good grades and responsible credit behavior. Additionally, Sallie Mae has partnered with colleges and universities to offer tuition payment plans and other financial services.
Investors have taken notice of Sallie Mae's strong performance, with the company's stock price increasing by over 50% in the past year. However, it's important to note that the education loan industry is subject to regulatory changes and economic fluctuations, which could impact Sallie Mae's future performance.
Overall, Sallie Mae's focus on innovation and diversification, combined with its strong financial performance, make it an interesting company to watch in the education finance space.
It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.
External links
This page lists SLM CORP's shareholders in Q3 2023. To view SLM CORP's shareholder history, click here.