SLM Corporation originates and services private education loans for students and their families in the United States. The company specializes in credit products designed to help borrowers finance undergraduate, graduate, and professional degree programs, as well as other education-related expenses. Through its subsidiaries, SLM operates as a personal credit institution within the financial services sector.
The company generates revenue through its lending operations and also offers retail deposit products, including high-yield savings accounts, money market accounts, and certificates of deposit. SLM maintains interest-bearing omnibus accounts as part of its deposit-gathering strategy. These deposit products serve both as a funding source for lending operations and as standalone financial products for retail customers.
Based in Newark, Delaware, SLM employs approximately 1,788 full-time employees and operates primarily across the United States. The company was founded in 1972 and incorporated in Delaware. It trades on the Nasdaq exchange under the ticker SLM, with a market capitalization of $4.9 billion.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $3.46 | $3.52 | +29.1% | |
| 2024 | $2.68 | $2.73 | +272.2% | |
| 2023 | $0.72 | $0.73 | +318.2% | |
| 2022 | $-0.33 | $-0.33 | -131.7% | |
| 2021 | $1.04 | $1.06 | -8.0% | |
| 2020 | $1.13 | $1.15 | +253.1% | |
| 2019 | $0.32 | $0.33 | -3.0% | |
| 2018 | $0.33 | $0.33 | +230.0% | |
| 2017 | $0.10 | $0.10 | -33.3% | |
| 2016 | $0.15 | $0.15 | -25.0% | |
| 2015 | $0.20 | $0.20 | +566.7% | |
| 2014 | $0.03 | $0.04 | -95.0% | |
| 2013 | $0.60 | $0.61 | -18.9% | |
| 2012 | $0.74 | $0.75 | -25.3% | |
| 2011 | $0.99 | $1.00 | +17.9% | |
| 2010 | $0.84 | $0.88 | +121.1% | |
| 2009 | $0.38 | $0.38 | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2025-12-31 | 2026-02-19 | 0001032033-26-000011 | SEC ↗ |
| 2024-12-31 | 2025-02-20 | 0001628280-25-006776 | SEC ↗ |
| 2023-12-31 | 2024-02-22 | 0001628280-24-006382 | SEC ↗ |
| 2022-12-31 | 2023-02-23 | 0001628280-23-004893 | SEC ↗ |
| 2021-12-31 | 2022-02-24 | 0001628280-22-003839 | SEC ↗ |
| 2020-12-31 | 2021-02-25 | 0001628280-21-003299 | SEC ↗ |
| 2019-12-31 | 2020-02-28 | 0001628280-20-002579 | SEC ↗ |
| 2018-12-31 | 2019-02-28 | 0001628280-19-002283 | SEC ↗ |
| 2017-12-31 | 2018-02-23 | 0001628280-18-002138 | SEC ↗ |
| 2016-12-31 | 2017-02-24 | 0001628280-17-001725 | SEC ↗ |
| 2015-12-31 | 2016-02-26 | 0001628280-16-011844 | SEC ↗ |