SLM
SLM Corp.
Halal Rating :
Last Price
$27.97
Last updated:
Market Cap
$5.94b
7D Change
2.64%
1 Year Change
44.7%
Company Overview
Industries
Exchange
Nasdaq
Next Earnings Date
SLM Corporation, commonly known as Sallie Mae, is a consumer banking organization specializing in private student loans, credit cards, and other financial products. The company was originally created as a government-sponsored enterprise but has since become fully privatized. Their core business involves providing private education loans to students and their families.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $383.93m | $293.24m | $359.4m | $293.24m | 93.61% | 100.00% |
| June 30, 2024 | $513.98m | $269.3m | $372.17m | $269.3m | 72.41% | 100.00% |
| March 31, 2024 | $561.17m | $276.54m | $387.02m | $276.54m | 68.97% | 100.00% |
Company Impact
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