SLM Corporation (SLMBP)

NASDAQ: SLMBP · Real-Time Price · USD · Preferred Stock
75.05
+0.13 (0.17%)
May 14, 2026, 2:56 PM EDT - Market open
Market Cap4.02B -33.3%
Revenue (ttm)1.67B +14.9%
Net Income732.94M +20.1%
EPS3.55 +27.5%
Shares Out 188.58M
PE Ratio5.49
Forward PE8.49
Dividend$5.96 (7.95%)
Ex-Dividend DateJun 4, 2026
Volume1,697
Open74.71
Previous Close74.92
Day's Range74.50 - 75.05
52-Week Range70.58 - 83.15
Beta1.02
Analystsn/a
Price Targetn/a
Earnings DateApr 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.

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

News

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...

1 day 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...

1 day 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...

6 days 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 days 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...

8 days 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...

14 days 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...

15 days 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...

16 days 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...

16 days ago - Business Wire

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…

20 days 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.

20 days 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…

20 days 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.

20 days ago - Transcripts

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...

20 days 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...

21 days 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…

24 days ago - TheFly

Understanding Financial Aid Offer Letters: What College-Bound Families Need to Know

NEWARK, Del.--(BUSINESS WIRE)--Each spring, students and families reach one of the most important milestones in the college decision process: receiving financial aid offer letters from colleges and un...

4 weeks ago - Business Wire

SLM price target lowered to $26 from $29 at Morgan Stanley

Morgan Stanley lowered the firm’s price target on SLM (SLM) to $26 from $29 and keeps an Equal Weight rating on the shares. The firm is lowering price targets for…

4 weeks ago - TheFly

David Einhorn signals caution as his hedge fund Greenlight prioritizes capital protection

Greenlight Capital's David Einhorn warned that investors may be underestimating potential downside risks. "It probably won't surprise anyone that we are again putting capital preservation at the top o...

4 weeks ago - CNBC

SLM price target lowered to $26 from $30 at BofA

BofA lowered the firm’s price target on SLM (SLM) to $26 from $30 and keeps a Buy rating on the shares. The firm is lowering price targets for a number…

4 weeks ago - TheFly

SLM price target lowered to $28 from $32 at RBC Capital

RBC Capital lowered the firm’s price target on SLM (SLM) to $28 from $32 and keeps an Outperform rating on the shares as part of a broader research note previewing…

4 weeks ago - TheFly

SLM price target lowered to $29 from $32 at Wells Fargo

Wells Fargo lowered the firm’s price target on SLM (SLM) to $29 from $32 and keeps an Overweight rating on the shares. With war risk receding, the next stock battle…

5 weeks ago - TheFly

SLM price target lowered to $22 from $26 at JPMorgan

JPMorgan analyst Richard Shane lowered the firm’s price target on SLM (SLM) to $22 from $26 and keeps an Underweight rating on the shares. The firm adjusted targets in the…

5 weeks ago - TheFly

Sallie Mae to Release First-Quarter Financial Results

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, will release first-quarter 2026 financial results after market close on Thursday, April 23, 2026. A live audio webca...

5 weeks ago - Business Wire

SLM price target lowered to $27 from $35 at Barclays

Barclays lowered the firm’s price target on SLM (SLM) to $27 from $35 and keeps an Overweight rating on the shares. The firm adjusted targets in the consumer finance group…

5 weeks ago - TheFly