Slm CORP
Market Movers (8-K)
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Slm CORPSallie Mae announced its second quarter 2026 financial results, highlighting a 4.5% increase in private education loan originations and reaffirming full-year guidance.
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Slm CORPSLM Corporation's annual meeting saw the election of 13 directors, approval of executive compensation, and ratification of KPMG LLP as auditors.
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Slm CORPSLM Corporation provided an update on its private education loan portfolio, market share growth, and strategic initiatives at the Morgan Stanley U.S. Financials Conference.
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Slm CORPSLM Corporation has closed an offering of $500 million in 6.495% Fixed-to-Floating Rate Senior Notes due 2032, with proceeds intended for repurchasing existing senior notes.
Capital raise
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Slm CORPSLM Corporation announces a cash tender offer for all outstanding 3.125% senior notes due 2026, funded by a new senior debt offering.
Capital raise
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Slm CORPSLM Corporation (Sallie Mae) announced its first-quarter 2026 financial results, showcasing continued earnings and originations growth, alongside strategic capital deployment and a positive outlook driven by anticipated federal student lending reforms.
Quarterly Earnings (10-Q)
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Slm CORPSLM Corporation reported a decrease in net income for Q2 2026 compared to the prior year, driven by lower net interest income and increased operating expenses, despite a reduction in provisions for credit losses.
Worse than expected
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Slm CORPSallie Mae reported Q1 2026 net income of $308 million, driven by strategic loan sales and stable net interest income.
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Slm CORPSallie Mae reported a significant turnaround in third-quarter 2025 profitability, driven by substantial loan sales and reduced credit loss provisions, while maintaining strong capital levels.
Better than expected
Capital raise
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Slm CORP10-Q: Sallie Mae Reports Steep Decline in Q2 Earnings Amid Higher Credit Provisions and Reduced Loan Sales
Sallie Mae's second-quarter net income attributable to common stock plummeted by 73% to $67 million, driven by a substantial increase in credit loss provisions and the absence of significant loan sale gains compared to the prior year.
Worse than expected
Capital raise
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Slm CORPSLM Corporation's first quarter 2025 results show an increase in earnings per share, influenced by loan sales, portfolio adjustments, and changes in economic outlook weightings.
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Slm CORPSallie Mae reported a net loss attributable to common stock of $50 million for the third quarter of 2024, a significant downturn compared to the $25 million profit in the same period last year, primarily due to increased provisions for credit losses.
Worse than expected
Annual Reports (10-K)
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Slm CORPSLM Corporation announced robust financial results for 2025, driven by increased private education loan originations and strategic partnerships, alongside a positive outlook from federal student loan reforms.
Better than expected
Capital raise
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Slm CORPSLM Corporation's 2024 10-K filing highlights a 10% increase in private education loan originations, totaling $7 billion, and a commitment to responsible lending practices.
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Slm CORPSLM Corporation, known as Sallie Mae, announces a 7% increase in Private Education Loan originations for 2023, reaching $6.4 billion.
Better than expected
Insider Trading (Form 4)
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Slm CORPKirsten O. Wolberg, a Director at SLM Corp, received restricted common stock as part of her annual retainer.
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Slm CORPVivian C. Schneck-Last, a Director at SLM Corp, received an award of 7,349 shares of Restricted Common Stock as partial payment for her annual retainer.
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Slm CORPSLM Corp director Gary Millerchip received a restricted stock award as partial payment for his annual retainer.
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Slm CORPJames D. Matheson, a Director at SLM Corp, acquired 7,349 shares of Restricted Common Stock as partial payment for his annual retainer.
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Slm CORPTed Manvitz, a Director at SLM Corp, acquired shares of common stock through restricted stock awards and in lieu of cash retainers.
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Slm CORPChristopher T. Leech, a Director at SLM Corp, received an award of 7,349 shares of Restricted Common Stock as partial payment for his annual retainer.
Proxy Statements (Def-14A)
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Slm CORPSallie Mae's 2026 proxy statement outlines director elections, executive compensation, and strategic initiatives following a strong 2025 performance.
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Slm CORPSLM Corporation's 2025 Annual Meeting will be held on June 17, 2025, with stockholders voting on director elections, the employee stock purchase plan, executive compensation, and auditor ratification.
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Slm CORPSallie Mae's proxy statement outlines proposals for the 2025 Annual Meeting of Stockholders, including the election of directors, approval of the 2025 Employee Stock Purchase Plan, an advisory vote on executive compensation, and ratification of the appointment of KPMG LLP as the independent registered public accounting firm.
Better than expected
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SLM
Slm CORPSLM Corporation's annual stockholder meeting will be held on June 18, 2024, and proxy materials are now available for review and voting.
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Slm CORPSLM Corporation's proxy statement outlines proposals for director elections, executive compensation approval, and auditor ratification at the upcoming virtual annual meeting on June 18, 2024.
Better than expected
Schedule 13D - Activist Investments
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Slm CORPImpactive Capital LP and its affiliates have reduced their beneficial ownership in SLM Corp to approximately 4.4% of outstanding shares, citing portfolio rebalancing as the reason for the sales.
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Slm CORPActivist investor Impactive Capital LP has reduced its beneficial ownership in SLM Corp (Sallie Mae) to 5.4% through recent share sales, citing portfolio rebalancing as the reason.
Schedule 13G - Passive Investments
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Slm CORPCapital Research Global Investors has reported a 2.8% stake in SLM Corp. as of March 31, 2026.
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Slm CORPSCHEDULE: Barrow Hanley Discloses SLM Corp Stake
Barrow Hanley Mewhinney & Strauss LLC has reported beneficial ownership of 5,230,959 shares of SLM Corp common stock, representing 2.64% of the class.
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Slm CORPVanguard Capital Management has reported beneficial ownership of 10,093,938 shares, representing 5.09% of SLM Corp's common stock, as of March 31, 2026.
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Slm CORPVanguard Portfolio Management has reported beneficial ownership of 5.5% of SLM Corp's common stock as of March 31, 2026.
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Slm CORPThe Vanguard Group, Inc. has amended its Schedule 13G for SLM Corp, reporting 0% beneficial ownership due to an internal realignment where subsidiaries will now report separately.
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Slm CORPBarrow Hanley Mewhinney & Strauss LLC has reported a 7.15% beneficial ownership stake in SLM Corp, totaling 14,525,854 shares of common stock.