SLM Corporation (SLMBP)

NASDAQ: SLMBP · Real-Time Price · USD · Preferred Stock
74.50
-0.29 (-0.39%)
Jun 26, 2026, 4:00 PM EDT - Market closed
-0.39%
Market Cap 4.80B
Revenue (ttm) 1.67B
Net Income (ttm) 732.94M
Shares Out 188.58M
EPS (ttm) 3.55
PE Ratio 6.55
Forward PE 10.13
Dividend $5.96 (7.97%)
Ex-Dividend Date Jun 4, 2026
Volume 4,859
Open 74.69
Previous Close 74.79
Day's Range 74.50 - 74.69
52-Week Range 70.58 - 83.05
Beta 0.99
Analysts n/a
Price Target n/a
Earnings Date Jul 23, 2026

About SLMBP

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 provides retail deposit accounts, including high-yield savings accounts, money market accounts, and certificates of deposit; 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. [Read more]

Industry Credit Services
Sector Financials
Founded 1972
Employees 1,788
Stock Exchange NASDAQ
Ticker Symbol SLMBP
Full Company Profile

News

SLM Corporation Transcript: AGM 2026

The meeting covered board elections, executive compensation, and auditor ratification, with all proposals approved by majority vote. No questions were raised during the Q&A session. The meeting concluded with thanks to stockholders and team members.

10 days ago - Transcripts

SLM Corporation Transcript: Morgan Stanley US Financials Conference 2026

Recent loss pressures are being addressed through changes in recovery practices and contract terminations, while loan modification programs are outperforming expectations. New graduate products and strategic partnerships are driving growth, with a 70% increase in originations targeted by 2028.

16 days ago - Transcripts

The Sallie Mae Fund Expands Scholarship Program for Students Pursuing Graduate Degrees

NEWARK, Del.--(BUSINESS WIRE)--The Sallie Mae Fund today announced it is expanding its Bridging the Dream Scholarship for Graduate Students. The Sallie Mae Fund is doubling the number of scholarships ...

24 days ago - Business Wire

Sallie Mae Co-President and CFO to Speak at 2026 Morgan Stanley US Financials Conference

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced Co-President and Chief Financial Officer Pete Graham will speak at the 2026 Morgan Stanley US Financ...

4 weeks ago - Business Wire

Sallie Mae Announces Final Results and Expiration of Tender Offer for Its 3.125% Senior Notes Due 2026

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation (“SLM” or the “Company”), announced today the final results and expiration of its previously announced cash tender of...

6 weeks ago - Business Wire

Sallie Mae Announces Pricing Terms of Tender Offer for Its 3.125% Senior Notes Due 2026

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation (“SLM” or the “Company”), announced today the pricing terms of its previously announced cash tender offer (the “Tende...

6 weeks ago - Business Wire

Sallie Mae Expands Access to Responsible Financing For Students Pursuing Graduate and Law Degrees

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM) today announced expanded access to responsible financing for students pursuing graduate and law degrees. The Sallie Mae ® Graduate Loan and Sall...

7 weeks ago - Business Wire

SLM Corporation Prices Public Offering of Senior Notes

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, announced that it priced its public offering of $500 million aggregate principal amount of 6.495% Fixed-to-Floating ...

7 weeks ago - Business Wire

Sallie Mae Announces Tender Offer for Its 3.125% Senior Notes Due 2026

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation (“SLM” or the “Company”) announced today the commencement of a cash tender offer (the “Tender Offer”) to purchase any...

7 weeks ago - Business Wire

The Sallie Mae Fund Commemorates Military Appreciation Month With $50,000 Contribution to Folds of Honor

NEWARK, Del.--(BUSINESS WIRE)--In recognition of Military Appreciation Month, The Sallie Mae Fund today announced a contribution of $50,000 to Folds of Honor, a nonprofit organization dedicated to pro...

2 months ago - Business Wire

Scholly and Path Founder Files Whistleblower Lawsuit Against Sallie Mae, Alleging the Company Is Using a Shell Company to Sell Millions of Students' Data

Complaint alleges Sallie Mae established a plan and scheme to circumvent federal data-privacy protections related to the use and disclosure of student data, and retaliated against the executive who re...

2 months ago - PRNewsWire

Founder of Shark Tank-backed startup Scholly sues his acquirer Sallie Mae

When Chris Gray sold his Shark Tank-backed scholarship search startup Scholly to Sallie Mae in 2023, he thought he had it all. Now he's suing the student loan giant for wrongful termination and allegi...

2 months ago - TechCrunch

Sallie Mae Announces Senior Leadership Appointments

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced it has named Chief Financial Officer Peter Graham and Chief Operational Officer Kerri Palmer Co-Pres...

2 months ago - Business Wire

SLM Corporation Proxy statement: Proxy filing

SLM Corporation filed a proxy statement on April 27, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings

SLM Corporation Proxy statement: Proxy filing

SLM Corporation filed a proxy statement on April 27, 2026, providing details for shareholder voting and corporate governance matters.

2 months ago - Filings

SLM price target raised to $27 from $26 at Morgan Stanley

Morgan Stanley raised the firm’s price target on SLM (SLM) to $27 from $26 and keeps an Equal Weight rating on the shares. Post Q1 earnings, the firm is increasing…

2 months ago - TheFly

SLM price target raised to $29 from $28 at BofA

BofA raised the firm’s price target on SLM (SLM) to $29 from $28 and keeps a Buy rating on the shares following a Q1 EPS beat and 2026 guidance raise.

2 months ago - TheFly

SLM price target raised to $30 from $27 at Barclays

Barclays analyst Terry Ma raised the firm’s price target on SLM (SLM) to $30 from $27 and keeps an Overweight rating on the shares post the Q1 report. The company’s…

2 months ago - TheFly

SLM Corporation Earnings Call Transcript: Q1 2026

Q1 2026 saw EPS rise to $1.54 and loan originations grow 5% year-over-year, with strong credit quality and robust capital returns. 2026 EPS guidance was raised, supported by loan sales and share repurchases, while strategic investments position the business for multi-year growth.

2 months ago - Transcripts

SLM Corporation Earnings release: Q1 2026

SLM Corporation released its Q1 2026 earnings on April 23, 2026, summarizing the period's financial results.

2 months ago - Filings

SLM Corporation Quarterly report: Q1 2026

SLM Corporation has published its Q1 2026 quarterly earnings report on April 23, 2026.

2 months ago - Filings

SLM Corporation Slides: Q1 2026

SLM Corporation has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 23, 2026.

2 months ago - Filings

Sallie Mae Reports First Quarter 2026 Financial Results and Raises Full-Year 2026 Diluted Earnings per Common Share Guidance

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released first quarter 2026 financial results and raised full-year 2026 diluted earnings per common share guida...

2 months ago - Business Wire

Sallie Mae Declares Dividends on Preferred Stock Series B and Common Stock

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today announced a 2026 second-quarter dividend on its Preferred Stock Series B of $1.4269028 per share. The company a...

2 months ago - Business Wire

SLM price target raised to $28 from $26 at BofA

BofA raised the firm’s price target on SLM (SLM) to $28 from $26 and keeps a Buy rating on the shares. The firm raised the multiple it applies to its…

2 months ago - TheFly