SLM RSI Chart
Last 7 days
2.4%
Last 30 days
1.3%
Last 90 days
11.6%
Trailing 12 Months
44.7%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 2.6B | 0 | 0 | 0 |
2023 | 2.2B | 2.4B | 2.5B | 2.6B |
2022 | 1.8B | 1.8B | 1.9B | 2.0B |
2021 | 1.9B | 1.8B | 1.8B | 1.8B |
2020 | 2.3B | 2.3B | 2.1B | 2.0B |
2019 | 2.1B | 2.2B | 2.3B | 2.3B |
2018 | 1.5B | 1.7B | 1.8B | 1.9B |
2017 | 1.2B | 1.2B | 1.3B | 1.4B |
2016 | 879.2M | 936.0M | 999.6M | 1.1B |
2015 | 713.8M | 746.7M | 787.4M | 831.1M |
2014 | 574.8M | 611.5M | 642.0M | 674.3M |
2013 | 813.2M | 1.1B | 1.5B | 1.8B |
2012 | 477.0M | 481.8M | 486.5M | 491.3M |
2011 | 0 | 0 | 0 | 472.3M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 20, 2024 | manvitz ted | acquired | - | - | 1,154 | - |
Mar 20, 2024 | blackley richard scott | acquired | - | - | 1,125 | - |
Mar 20, 2024 | lavelle mark l | acquired | - | - | 1,243 | - |
Feb 29, 2024 | boyles jonathan | sold | -1,949,020 | 20.7171 | -94,078 | svp & controller |
Feb 27, 2024 | boyles jonathan | sold (taxes) | -11,331 | 20.02 | -566 | svp & controller |
Feb 18, 2024 | boyles jonathan | sold (taxes) | -42,741 | 20.18 | -2,118 | svp & controller |
Feb 18, 2024 | jafarieh nicolas | sold (taxes) | -43,447 | 20.18 | -2,153 | evp -legal, govt, comm officer |
Feb 18, 2024 | vieira donna f | sold (taxes) | -46,676 | 20.18 | -2,313 | evp & chief commercial officer |
Feb 18, 2024 | witter jonathan w. | sold (taxes) | -444,424 | 20.18 | -22,023 | ceo |
Feb 18, 2024 | pahwa munish | sold (taxes) | -34,326 | 20.18 | -1,701 | chief risk officer |
Which funds bought or sold SLM recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 07, 2024 | SEI INVESTMENTS CO | reduced | -0.14 | 731,888 | 6,032,770 | 0.01% |
May 07, 2024 | Headlands Technologies LLC | added | 257 | 136,939 | 181,489 | 0.04% |
May 07, 2024 | M&T Bank Corp | sold off | -100 | -222,634 | - | -% |
May 07, 2024 | Arnhold LLC | reduced | -3.89 | 2,261,590 | 25,995,200 | 2.75% |
May 07, 2024 | QRG CAPITAL MANAGEMENT, INC. | added | 0.66 | 28,133 | 219,379 | -% |
May 07, 2024 | ASSETMARK, INC | new | - | 22.00 | 22.00 | -% |
May 07, 2024 | Swiss National Bank | added | 0.27 | 1,094,610 | 8,761,500 | 0.01% |
May 07, 2024 | Williams Jones Wealth Management, LLC. | unchanged | - | 49,361 | 402,832 | -% |
May 07, 2024 | NEW YORK STATE COMMON RETIREMENT FUND | reduced | -38.45 | -4,500,000 | 10,573,000 | 0.01% |
May 07, 2024 | Empowered Funds, LLC | new | - | 432,270 | 432,270 | -% |
Unveiling SLM Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to SLM Corp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
MA | 424.4B | 25.7B | 35.83 | 16.51 | ||||
AXP | 169.9B | 62.0B | 18.89 | 2.74 | ||||
PYPL | 66.7B | 30.4B | 15.38 | 2.19 | ||||
COF | 54.6B | 43.4B | 14.06 | 1.26 | ||||
DFS | 31.0B | 17.8B | 13.7 | 1.74 | ||||
ALLY | 12.0B | 14.3B | 13.99 | 0.84 | ||||
MID-CAP | ||||||||
CACC | 6.2B | 2.0B | 24.81 | 3.18 | ||||
FCFS | 5.4B | 3.2B | 23.1 | 1.67 | ||||
WU | 4.5B | 4.4B | 7.33 | 1.04 | ||||
NNI | 3.6B | 1.1B | 39.55 | 3.26 | ||||
SMALL-CAP | ||||||||
ENVA | 1.7B | 2.2B | 9.66 | 0.74 | ||||
ATLC | 412.0M | 1.2B | 4.01 | 0.36 | ||||
CPSS | 182.6M | 352.0M | 4.03 | 0.52 | ||||
AIHS | 7.5M | 7.3M | -1.93 | 1.02 | ||||
CURO | 3.3M | 853.2M | -0.01 | 0 |
SLM Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -0.7% | 664 | 669 | 652 | 634 | 638 | 584 | 520 | 463 | 465 | 458 | 448 | 435 | 436 | 480 | 482 | 485 | 575 | 600 | 590 | 574 | 566 |
Operating Expenses | - | - | - | - | - | - | - | - | - | - | 125 | 141 | 128 | 124 | 122 | 127 | 142 | 147 | 142 | 154 | 139 | 140 |
EBITDA Margin | 8.0% | 0.98* | 0.91* | 0.81* | 0.88* | 0.98* | 1.05* | 1.38* | 1.42* | 1.28* | 1.66* | 1.72* | 1.77* | 1.56* | 1.31* | 1.08* | 1.02* | 1.13* | 1.02* | 1.04* | - | - |
Interest Expenses | 0.3% | 387 | 386 | 385 | 387 | 405 | 381 | 370 | 363 | 375 | 367 | 358 | 339 | 331 | 367 | 365 | 349 | 400 | 419 | 405 | 397 | 402 |
Income Taxes | 71.6% | 98.00 | 57.00 | 11.00 | 91.00 | 37.00 | -19.49 | 30.00 | 114 | 37.00 | 104 | 19.00 | 53.00 | 204 | 127 | 55.00 | -30.66 | 121 | 35.00 | 41.00 | 34.00 | 56.00 |
Earnings Before Taxes | 72.0% | 387 | 225 | 41.00 | 357 | 156 | -96.53 | 105 | 456 | 166 | 410 | 92.00 | 193 | 845 | 560 | 226 | -115 | 484 | 176 | 169 | 184 | 214 |
EBT Margin | 28.5% | 0.39* | 0.30* | 0.18* | 0.22* | 0.28* | 0.31* | 0.60* | 0.61* | 0.48* | 0.87* | 0.94* | 1.00* | 0.80* | 0.57* | 0.36* | 0.32* | 0.43* | 0.32* | 0.33* | - | - |
Net Income | 77.1% | 290 | 164 | 25.00 | 261 | 119 | -80.51 | 73.00 | 340 | 128 | 305 | 72.00 | 139 | 640 | 431 | 169 | -87.69 | 359 | 137 | 124 | 146 | 154 |
Net Income Margin | 29.8% | 0.28* | 0.22* | 0.13* | 0.15* | 0.20* | 0.23* | 0.44* | 0.46* | 0.36* | 0.65* | 0.71* | 0.75* | 0.61* | 0.43* | 0.27* | 0.24* | 0.33* | 0.24* | 0.25* | - | - |
Free Cashflow | -182.6% | -76.71 | -27.14 | -59.35 | -67.03 | 9.00 | -0.87 | 3.00 | -60.29 | 63.00 | 46.00 | 85.00 | -225 | 46.00 | 26.00 | -147 | -206 | 144 | 62.00 | -14.36 | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -3.1% | 28,277 | 29,169 | 29,273 | 27,708 | 29,454 | 28,811 | 29,139 | 27,499 | 29,052 | 29,222 | 28,791 | 28,925 | 30,628 | 30,770 | 30,642 | 30,412 | 31,761 | 32,686 | 31,160 | 29,585 | 27,614 |
Cash Equivalents | -13.6% | 3,584 | 4,150 | 3,548 | 3,876 | 3,716 | 4,773 | 4,847 | 3,650 | 3,263 | 4,335 | 2,718 | 4,497 | 6,207 | 4,610 | 4,351 | 4,989 | 7,293 | 5,721 | 3,852 | 3,999 | 2,156 |
Net PPE | -1.6% | 127 | 130 | 133 | 135 | 138 | 141 | 144 | 147 | 148 | 151 | 153 | 154 | 155 | 155 | 149 | 148 | 144 | 135 | 135 | 130 | 131 |
Liabilities | -4.1% | 26,164 | 27,289 | 27,474 | 25,902 | 27,627 | 27,084 | 27,157 | 25,522 | 27,008 | 27,072 | 26,660 | 26,622 | 28,020 | 28,208 | 28,442 | 28,395 | 29,640 | 29,375 | 27,977 | 26,488 | 24,566 |
Short Term Borrowings | - | - | - | - | - | - | - | - | - | - | - | 200 | 199 | - | - | - | - | - | 289 | 298 | - | - |
Long Term Debt | -4.8% | 4,977 | 5,228 | 5,516 | 5,214 | 5,514 | 5,235 | 5,522 | 5,219 | 5,552 | 5,931 | 5,220 | 4,989 | 4,919 | 5,189 | 4,948 | 4,450 | 4,708 | 4,354 | 4,602 | 4,863 | 4,476 |
Shareholder's Equity | 12.4% | 2,114 | 1,881 | 1,799 | 1,806 | 1,827 | 1,727 | 1,982 | 1,977 | 2,044 | 2,150 | 2,131 | 2,303 | 2,608 | 2,563 | 2,200 | 2,017 | 2,121 | 3,312 | 3,183 | 3,097 | 3,048 |
Retained Earnings | 7.2% | 3,885 | 3,625 | 3,486 | 3,486 | 3,250 | 3,164 | 3,271 | 3,226 | 2,914 | 2,817 | 2,543 | 2,481 | 2,351 | 1,722 | 1,303 | 1,133 | 1,244 | 953 | 1,726 | 1,601 | 1,481 |
Additional Paid-In Capital | 1.3% | 1,164 | 1,149 | 1,141 | 1,130 | 1,121 | 1,109 | 1,102 | 1,095 | 1,087 | 1,074 | 1,068 | 1,059 | 1,053 | 1,331 | 1,243 | 1,234 | 1,227 | 1,308 | 1,302 | 1,296 | 1,291 |
Shares Outstanding | -4.8% | 220 | 231 | 234 | 235 | 241 | 258 | 263 | 261 | 277 | 315 | 300 | 336 | 361 | 384 | 387 | 375 | 410 | 427 | 429 | - | - |
Float | - | - | - | - | 3,700 | - | - | - | 4,000 | - | - | - | 6,400 | - | - | - | 2,600 | - | - | - | 4,100 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -182.6% | -76,711 | -27,141 | -59,350 | -67,034 | 8,888 | -875 | 3,368 | -60,289 | 62,788 | 45,602 | 84,809 | -225,685 | 45,752 | 26,482 | -147,006 | -206,559 | 144,414 | 61,760 | -14,357 | -79,759 | 16,715 |
Share Based Compensation | 79.1% | 13,790 | 7,700 | 8,472 | 8,292 | 11,536 | 6,848 | 6,856 | 8,375 | 11,921 | 6,395 | 6,686 | 6,444 | 11,124 | 6,211 | 9,244 | 7,399 | 13,610 | 6,159 | 5,368 | 5,582 | 13,891 |
Cashflow From Investing | -38.0% | 572,330 | 922,779 | -1,695,271 | 2,231,084 | -1,471,052 | 63,191 | -343,795 | 2,346,863 | -988,867 | 1,422,781 | -1,605,298 | 396,828 | 2,390,362 | 334,436 | -464,127 | -1,041,201 | 2,118,222 | 278,544 | -1,541,809 | 150,228 | -1,193,677 |
Cashflow From Financing | -232.9% | -1,063,304 | -319,417 | 1,451,564 | -2,035,850 | 587,471 | -314,151 | 1,568,343 | -1,940,374 | -168,710 | 183,736 | -247,551 | -1,881,587 | -674,114 | -264,702 | 20,473 | -1,130,455 | -501,028 | 1,386,002 | 1,410,665 | 1,759,677 | 804,876 |
Dividend Payments | -0.6% | 24,278 | 24,416 | 24,879 | 25,303 | 26,635 | 26,742 | 27,643 | 28,083 | 30,493 | 31,358 | 8,934 | 9,264 | 10,906 | 11,254 | 11,253 | 11,249 | 12,595 | 12,629 | 12,661 | 12,804 | 13,020 |
Buy Backs | -72.0% | 25,457 | 90,933 | - | 255,326 | 4,005 | 157,590 | 10,109 | 376,176 | 169,322 | 616,612 | 94.00 | 578 | 550,790 | - | - | - | 558,167 | 9,604 | 37,477 | 60,120 | 60,000 |
CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Interest income: | ||
Loans | $ 596,607 | $ 582,784 |
Investments | 14,507 | 11,331 |
Cash and cash equivalents | 52,444 | 43,483 |
Total interest income | 663,558 | 637,598 |
Interest expense: | ||
Deposits | 220,445 | 183,531 |
Interest expense on short-term borrowings | 3,562 | 3,018 |
Interest expense on long-term borrowings | 52,535 | 45,981 |
Total interest expense | 276,542 | 232,530 |
Net interest income | 387,016 | 405,068 |
Less: provisions for credit losses | 12,041 | 114,112 |
Net interest income after provisions for credit losses | 374,975 | 290,956 |
Non-interest income: | ||
Gains (losses) on sales of loans, net | 143,039 | (9) |
Gains on securities, net | 2,118 | 1,711 |
Other income | 29,001 | 20,009 |
Total non-interest income | 174,158 | 21,711 |
Operating expenses: | ||
Compensation and benefits | 96,476 | 87,649 |
FDIC assessment fees | 13,312 | 11,529 |
Other operating expenses | 50,645 | 55,361 |
Total operating expenses | 160,433 | 154,539 |
Acquired intangible assets amortization expense | 1,215 | 2,272 |
Total non-interest expenses | 161,648 | 156,811 |
Income before income tax expense | 387,485 | 155,856 |
Income tax expense | 97,554 | 37,338 |
Net income | 289,931 | 118,518 |
Preferred stock dividends | 4,653 | 4,063 |
Net income attributable to SLM Corporation common stock | $ 285,278 | $ 114,455 |
Basic earnings per common share (in dollars per share) | $ 1.29 | $ 0.47 |
Average common shares outstanding (in shares) | 220,416 | 241,497 |
Diluted earnings per common share (in dollars per share) | $ 1.27 | $ 0.47 |
Average common and common equivalent shares outstanding (in shares) | 223,845 | 243,549 |
Declared dividends per common share (in dollars per share) | $ 0.11 | $ 0.11 |
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Assets | ||
Cash and cash equivalents | $ 3,584,013 | $ 4,149,838 |
Investments: | ||
Trading investments at fair value (cost of $44,978 and $43,412, respectively) | 58,166 | 54,481 |
Available-for-sale investments at fair value (cost of $2,423,183 and $2,563,984, respectively) | 2,271,108 | 2,411,622 |
Other investments | 89,765 | 91,567 |
Total investments | 2,419,039 | 2,557,670 |
Loans held for investment (net of allowance for losses of $1,350,058 and $1,339,772, respectively) | 20,200,789 | 20,306,357 |
Restricted cash | 147,809 | 149,669 |
Other interest-earning assets | 7,572 | 9,229 |
Accrued interest receivable | 1,386,487 | 1,379,904 |
Premises and equipment, net | 127,414 | 129,501 |
Goodwill and acquired intangible assets, net | 67,496 | 68,711 |
Income taxes receivable, net | 277,733 | 366,247 |
Other assets | 58,930 | 52,342 |
Total assets | 28,277,282 | 29,169,468 |
Liabilities | ||
Deposits | 20,903,456 | 21,653,188 |
Long-term borrowings | 4,976,882 | 5,227,512 |
Other liabilities | 283,205 | 407,971 |
Total liabilities | 26,163,543 | 27,288,671 |
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 share | 251,070 | 251,070 |
Common stock, par value $0.20 per share, 1.125 billion shares authorized: 440.2 million and 438.2 million shares issued, respectively | 88,032 | 87,647 |
Additional paid-in capital | 1,163,838 | 1,148,689 |
Accumulated other comprehensive loss (net of tax benefit of ($24,752) and ($24,176), respectively) | (77,291) | (75,104) |
Retained earnings | 3,884,694 | 3,624,859 |
Total SLM Corporation stockholders’ equity before treasury stock | 5,310,343 | 5,037,161 |
Less: Common stock held in treasury at cost: 219.9 million and 217.9 million shares, respectively | (3,196,604) | (3,156,364) |
Total equity | 2,113,739 | 1,880,797 |
Total liabilities and equity | $ 28,277,282 | $ 29,169,468 |