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SLM

17.09USD-0.07(-0.41%)Market Closed

SLM Corp

Market Summary

USD17.09-0.07Market Closed
-0.41%

SLM Stock Price

RSI Chart

Valuation

Market Cap

4.4B

Price/Earnings

5.17

Price/Sales

2.3

Price/Cashflow

85.2

MarketCap/EBT

3.86

Price/Sales

Profitability

EBT Margin

59.65%

Return on Equity

42.82%

Return on Assets

2.91%

Fundamentals

Revenue

Revenue (TTM)

1.9B

Revenue Y/Y

16.17%

Revenue Q/Q

12.28%

Earnings

Earnings (TTM)

848.8M

Earnings Y/Y

143.99%

Earnings Q/Q

165.56%

Price Action

52 Week Range

13.7220.76
(Low)(High)

Last 7 days

3.6%

Last 30 days

7.1%

Last 90 days

15.2%

Trailing 12 Months

-6.5%

Financial Health

Debt/Equity

2.79

Debt/Cashflow

0.01

Investor Care

Dividend Yield

2.89%

Dividend/Share (TTM)

0.44

Buy Backs (1Y)

16.29%

Diluted EPS (TTM)

3.07

Peers (Alternatives to SLM)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
112.4B
41.6B
4.95% -9.01%
14.67
2.7
29.77% -1.52%
41.1B
28.9B
0.40% -33.37%
4.13
1.51
14.14% -31.75%
28.9B
11.8B
6.37% -7.60%
6.52
2.46
10.13% -14.57%
MID-CAP
8.7B
9.2B
-0.82% -44.76%
3.49
0.95
8.32% -12.52%
6.1B
1.8B
4.21% -26.34%
7.72
3.3
-0.20% -30.97%
4.7B
4.4B
21.58% -17.47%
4.88
1.06
2.14% -31.84%
4.5B
2.5B
8.19% 42.70%
25.3
2.03
56.13% 58.11%
4.4B
1.9B
7.08% -6.52%
5.17
2.3
6.03% -38.64%
3.4B
1.3B
13.19% 10.72%
7.4
2.84
1.58% 2.76%
SMALL-CAP
1.2B
1.6B
23.71% -1.67%
5.7
0.72
45.60% -53.19%
486.1M
623.7M
-30.57% -66.84%
16.57
0.8
14.50% -82.26%
426.3M
995.1M
1.14% -57.69%
2.42
0.46
47.76% 4.52%
320.5M
494.7M
-8.05% -52.63%
3.92
0.68
21.74% -15.37%
318.5M
1.0B
4.15% -80.48%
12.95
0.29
-2.01% -1102.19%

Financials for SLM

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue3.9%1,9061,8341,8061,7771,798
Operating Expenses0.7%519515
Earnings Before Taxes1.1%1,1371,1258621,5401,690
Net Income31.2%8496471,1591,285
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets6.0%29,13927,49929,05229,22228,791
    Cash Equivalents32.8%4,8473,6503,2634,3352,718
  Net PPE-1.9%144147148151153
  Goodwill0%515151--
Liabilities6.4%27,15725,52227,00827,07226,660
.    Short Term BorrowingsNaN%----200
  Long Term Debt5.8%5,5225,2195,5525,9315,220
Shareholder's Equity0.3%1,9821,9772,0442,1502,131
  Retained Earnings1.4%3,2713,2262,9142,8172,543
  Additional Paid-In Capital0.6%1,1021,0951,0871,0741,068
Accumulated Depreciation-103----
Shares Outstanding-5.6%261277300--
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-61.3%51133-32.49-49.52-68.64
  Share Based Compensation0.5%3433313130
Cashflow From Investing107.3%2,4371,175-774.562,6051,516
Cashflow From Financing83.6%-357.00-2,172.90-2,114.11-2,619.52-3,067.95
  Dividend Payments23.5%99806040
  Buy Backs1.3%8108004241,531551

Risks

What is the probability of a big loss on SLM?

66.2%


Probability that SLM stock will be more than 20% underwater in next one year

38.5%


Probability that SLM stock will be more than 30% underwater in next one year.

18.9%


Probability that SLM stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does SLM drawdown profile look like?

Y-axis is the maximum loss one would have experienced if SLM was unfortunately bought at previous high price.

Returns

Cumulative Returns on SLM

11.5%


10-Year Cumulative Returns

15.0%


7-Year Cumulative Returns

11.0%


5-Year Cumulative Returns

27.9%


3-Year Cumulative Returns

What are the long-term rolling returns for SLM?

FIve years rolling returns for SLM.

Which funds bought or sold SLM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Repertoire Partners LP
ADDED
2,477.5
345,000
361,000
0.13%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
16,637,000
16,637,000
0.20%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
-1,016,000
4,658,000
0.01%
2022-11-18
Industrial Alliance Investment Management Inc.
NEW
-
11,000
11,000
-%
2022-11-17
M&T Bank Corp
-
-
73,000
217,000
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
REDUCED
-11.77
-54,000
188,000
-%
2022-11-16
GLENMEDE TRUST CO NA
REDUCED
-9.03
-1,489,000
5,900,000
0.04%
2022-11-16
Retirement Systems of Alabama
REDUCED
-7.2
-1,049,000
4,604,000
0.02%
2022-11-16
Neo Ivy Capital Management
SOLD OFF
-100
-81,000
-
-%
2022-11-15
Neuberger Berman Group LLC
REDUCED
-2.74
-62,000
359,000
-%

1–10 of 46

Latest Funds Activity

Are funds buying SLM calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own SLM

SLM News

Yahoo Eurosport UK

SLM Corporation (NASDAQ:SLM) Looks Like A Good Stock, And It's Going Ex-Dividend Soon.17 hours ago

SLM Fair Value

Recent SEC filings of SLM

View All Filings
Date Filed Form Type Document
Nov 17, 2022
3
Insider Trading
Nov 16, 2022
8-K
Current Report
Nov 14, 2022
8-K
Current Report
Nov 14, 2022
8-K
Current Report
Oct 26, 2022
10-Q
Quarterly Report
Oct 26, 2022
8-K
Current Report
Oct 04, 2022
25-NSE
25-NSE
Sep 23, 2022
4
Insider Trading
Sep 23, 2022
4
Insider Trading
Sep 12, 2022
8-K
Current Report

Latest Insider Trading transactions for SLM

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-09-21
Lavelle Mark L
ACQUIRED
-
-
1,655
-
2022-09-21
Manvitz Ted
ACQUIRED
-
-
1,572
-
2022-06-23
Matheson James D.
ACQUIRED
-
-
1,116
-
2022-06-23
Strong Robert S.
ACQUIRED
-
-
1,116
-
2022-06-23
Manvitz Ted
ACQUIRED
-
-
1,116
-
2022-06-23
Lavelle Mark L
ACQUIRED
-
-
1,116
-
2022-06-21
Franke Mary Carter Warren
ACQUIRED
-
-
7,971
-
2022-06-21
Child Paul G
ACQUIRED
-
-
7,971
-
2022-06-21
Matheson James D.
ACQUIRED
-
-
7,971
-
2022-06-21
Lavelle Mark L
ACQUIRED
-
-
7,971
-

1–10 of 50

Jonathan W. Witter
1450
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 also offers retail deposit accounts, including certificates of deposit, money market deposit accounts, and high-yield savings accounts; and omnibus accounts, as well as credit card loans. It serves students and families through financial aid, federal loans, and student and family resources. 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.

SLM Income Statement

2022-09-30
CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Interest income:    
Loans$ 483,327,000$ 442,576,000$ 1,387,411,000$ 1,304,479,000
Investments10,260,0003,366,00024,252,0009,262,000
Cash and cash equivalents26,324,0001,613,00036,317,0004,662,000
Total interest income519,911,000447,555,0001,447,980,0001,318,403,000
Interest expense:    
Deposits105,468,00051,629,000215,473,000175,483,000
Interest expense on short-term borrowings3,054,0005,458,0008,902,00014,360,000
Interest expense on long-term borrowings41,879,00032,950,000116,255,000101,144,000
Total interest expense150,401,00090,037,000340,630,000290,987,000
Net interest income369,510,000357,518,0001,107,350,0001,027,416,000
Less: provisions for credit losses207,598,000138,442,000336,193,000(17,648,000)
Net interest income after provisions for credit losses161,912,000219,076,000771,157,0001,045,064,000
Non-interest income:    
Gains (losses) on sales of loans, net74,978,000(10,000)324,856,000402,780,000
Gains (losses) on derivatives and hedging activities, net044,000(5,000)161,000
Other income20,125,00013,879,00050,430,00076,747,000
Total non-interest income95,103,00013,913,000375,281,000479,688,000
Operating expenses:    
Compensation and benefits65,003,00066,229,000202,995,000200,426,000
FDIC assessment fees4,592,0006,521,00011,501,00017,634,000
Other operating expenses80,369,00067,899,000199,204,000175,098,000
Total operating expenses149,964,000140,649,000413,700,000393,158,000
Acquired intangible assets amortization expense2,328,00005,478,0000
Restructuring expenses0108,00001,255,000
Total non-interest expenses152,292,000140,757,000419,178,000394,413,000
Income before income tax expense104,723,00092,232,000727,260,0001,130,339,000
Income tax expense29,551,00019,392,000181,203,000276,091,000
Net income75,172,00072,840,000546,057,000854,248,000
Preferred stock dividends2,531,0001,166,0005,563,0003,559,000
Net income attributable to SLM Corporation common stock$ 72,641,000$ 71,674,000$ 540,494,000$ 850,689,000
Basic earnings per common share (in dollars per share)$ 0.29$ 0.24$ 2.05$ 2.62
Average common shares outstanding (in shares)251,266299,890263,098324,148
Diluted earnings per common share (in dollars per share)$ 0.29$ 0.24$ 2.03$ 2.59
Average common and common equivalent shares outstanding (in shares)253,716304,511266,065329,064
Declared dividends per common share (in dollars per share)$ 0.11$ 0.03$ 0.33$ 0.09

SLM Balance Sheet

2022-09-30
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Assets  
Cash and cash equivalents$ 4,846,754$ 4,334,603
Investments:  
Trading investments at fair value (cost of $46,051 and $29,049, respectively)52,45037,465
Available-for-sale investments at fair value (cost of $2,643,540 and $2,535,568, respectively)2,427,5402,517,956
Other investments136,803140,037
Total investments2,616,7932,695,458
Loans held for investment (net of allowance for losses of $1,194,238 and $1,165,335, respectively)19,622,30220,341,283
Loans held for sale28,8800
Restricted cash177,917210,741
Other interest-earning assets11,0259,655
Accrued interest receivable1,223,6471,205,667
Premises and equipment, net144,031150,516
Goodwill and acquired intangible assets, net120,5700
Income taxes receivable, net305,836239,578
Tax indemnification receivable8,3928,047
Other assets32,94126,351
Total assets29,139,08829,221,899
Liabilities  
Deposits21,276,74820,828,124
Long-term borrowings5,522,3115,930,990
Other liabilities357,801313,074
Total liabilities27,156,86027,072,188
Commitments and contingencies
Equity  
Preferred stock, par value $0.20 per share, 20 million shares authorized: Series B: 2.5 million and 2.5 million shares issued, respectively, at stated value of $100 per share251,070251,070
Common stock, par value $0.20 per share, 1.125 billion shares authorized: 435.1 million and 432.0 million shares issued, respectively87,02286,403
Additional paid-in capital1,101,7611,074,384
Accumulated other comprehensive loss (net of tax benefit of ($29,809) and ($5,707), respectively)(93,477)(17,897)
Retained earnings3,270,8962,817,134
Total SLM Corporation stockholders’ equity before treasury stock4,617,2724,211,094
Less: Common stock held in treasury at cost: 184.9 million and 153.1 million shares, respectively(2,635,044)(2,061,383)
Total equity1,982,2282,149,711
Total liabilities and equity$ 29,139,088$ 29,221,899