SLM Corp - Company Profile
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SLM Corp (Sallie Mae), is an education solutions company focused on providing financial services in higher education. The company's main activities include originating and servicing private education loans and offering deposit products. Sallie Mae's major products include the smart option student loan and various graduate-specific loan products. It also offers banking products such as money market accounts, certificates of deposits, and manages a loan portfolio, including credit card loans and loans insured or guaranteed under Federal Family Education Loan Program. The company serves students and families seeking to finance higher education, offering loans that bridge the gap between education costs and available funding from other sources. Sallie Mae collaborates with higher education institutions through financial aid offices and employs online and direct marketing strategies. The company also provides scholarship search and college financial planning tools. Sallie Mae is headquartered in Newark, Delaware, the US.
Headquarters
United States of America
Address
300 Continental Drive, Newark, Delaware, 19713
Website
www.salliemae.com
Telephone
1 302 2838000
No of Employees
1,710
Industry
Financial Services
Ticker Symbol & Exchange
SLM (NASD)
Revenue (2025)
$3.1B
4.1%
(2025 vs 2024)
EPS
XYZ
Net Income (2025)
XYZ
22.4%
(2025 vs 2024)
Market Cap*
$4.3B
Net Profit Margin (2025)
XYZ
17.6%
(2025 vs 2024)
* As of and is in US$
SLM Corp premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Student loans: | Sallie Mae |
| Undergraduate Student Loans | Sallie |
| Graduate Student Loans | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In November, the company partnered with KKR to accelerate loan originations capacity and ability to serve students and families. |
| 2025 | Contracts/Agreements | In August, the company entered into a Letter of Intent with Adtalem Global Education Inc. to explore alternative financing solutions for healthcare students. |
| 2023 | Contracts/Agreements | In November, the company has partnered with Delaware State University to address barriers to college completion. |
Competitor Comparison
| Key Parameters | SLM Corp | Citizens Financial Group Inc | OneMain Holdings Inc | SoFi Technologies Inc | Synovus Financial Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Newark | Providence | Evansville | San Francisco | Columbus |
| State/Province | Delaware | Rhode Island | Indiana | California | Georgia |
| No. of Employees | 1,710 | 17,287 | 9,000 | 5,000 | 4,923 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Mary Carter Warren Franke | Chairman | Executive Board | 2014 | 69 |
| Jonathan W. Witter | Director; Chief Executive Officer | Executive Board | 2020 | 57 |
| Peter M. Graham | Chief Financial Officer; Executive Vice President | Senior Management | 2023 | 60 |
| Kerri A. Palmer | Chief Operating Officer; President - Sallie Mae Bank; Executive Vice President | Senior Management | 2023 | 55 |
| William Wolf | Executive Vice President; Chief People Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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