SLM Corp (SLM)
At June 30, 2026 it held $4.6B in cash against $5.8B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on July 23, 2026.
Watch SLM in 60 secondsWhat SLM Corp does
SLM Corp is registered with the SEC under industry code SIC 6141 (Personal Credit Institutions). Its shares trade on NASDAQ under the ticker SLM.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | n/a | $744.8M | $3.46 | n/a |
| 2024 | n/a | $608.3M | $2.68 | n/a |
| 2023 | n/a | $581.4M | $2.41 | n/a |
| 2022 | n/a | $469M | $1.76 | n/a |
| 2021 | n/a | $1.2B | $3.61 | n/a |
| 2020 | n/a | $880.7M | $2.25 | n/a |
Full financial statements: income, balance sheet and cash flow
Dividends
SLM Corp declared $0.52 per share in fiscal 2025. At the current price that is a yield of 2.20%. It paid out $107.7M in cash dividends, 14% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $0.52 | $107.7M | 14% |
| 2024 | $0.46 | $99.2M | 16% |
| 2023 | $0.44 | $101.2M | 17% |
| 2022 | $0.44 | $113M | 24% |
| 2021 | $0.20 | $60.5M | 5% |
| 2020 | $0.12 | $46.4M | 5% |
Latest SEC filings
What SLM Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.
- August 14, 2026Passive stake (5% or more) SCHEDULE 13G
- August 5, 2026
- July 23, 2026
- July 23, 2026
- June 18, 2026
- June 10, 2026
- May 15, 2026
- May 14, 2026Passive stake changed SCHEDULE 13G/A
- May 13, 2026Passive stake (5% or more) SCHEDULE 13G
- May 7, 2026
Insider trades
What the people running SLM Corp did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 4 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| September 16, 2026 | Blackley Richard ScottDirector | Received as pay | 1,087 | - |
| September 16, 2026 | Greig Henry FDirector | Received as pay | 988 | - |
| September 16, 2026 | Lavelle Mark LDirector | Received as pay | 1,038 | - |
| September 16, 2026 | Leech Christopher T.Director | Received as pay | 914 | - |
| June 17, 2026 | Blackley Richard ScottDirector | Received as pay | 1,198 | - |
| June 17, 2026 | Greig Henry FDirector | Received as pay | 1,089 | - |
| June 17, 2026 | Manvitz TedDirector | Received as pay | 1,062 | - |
| June 16, 2026 | Akella JanakiDirector | Received as pay | 7,349 | - |
| June 16, 2026 | Blackley Richard ScottDirector | Received as pay | 7,349 | - |
| June 16, 2026 | Franke Mary Carter WarrenDirector | Received as pay | 7,349 | - |
| June 16, 2026 | Greenstein DanielDirector | Received as pay | 7,349 | - |
| June 16, 2026 | Greig Henry FDirector | Received as pay | 7,349 | - |
| June 16, 2026 | Lavelle Mark LDirector | Received as pay | 7,349 | - |
| June 16, 2026 | Leech Christopher T.Director | Received as pay | 7,349 | - |
| June 16, 2026 | Manvitz TedDirector | Received as pay | 7,349 | - |
Who owns SLM
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Fmr LLC13G, passive with 1 related filers | 8.9% | May 12, 2025 |
| T. Rowe Price Associates, Inc.13G, passive | 6.6% | August 14, 2026 |
| Brave Warrior Advisors, LLC13G, passive | 6.29% | November 6, 2025 |
| Vanguard Portfolio Management13G, passive | 5.5% | April 29, 2026 |
| Vanguard Capital Management13G, passive | 5.09% | April 30, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 388 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 17,562,699 | -1,318,111 |
| Fmr LLC | 17,052,007 | -864,462 |
| Brave Warrior Advisors, LLC | 13,381,145 | -203,223 |
| Vanguard Portfolio Management LLC | 9,621,467 | -1,205,662 |
| Vanguard Capital Management LLC | 8,198,835 | -364,988 |
| Dimensional Fund Advisors LP | 7,898,402 | +383,372 |
| Hotchkis & Wiley Capital Management LLC | 7,216,318 | +730,130 |
| American Century Companies Inc | 7,206,261 | +890,666 |
| Barrow Hanley Mewhinney & Strauss LLC | 6,520,274 | +1,289,315 |
| State Street Corp | 6,510,300 | +58,070 |
| Massachusetts Financial Services Co | 6,188,078 | -441,105 |
| Impactive Capital LP | 5,307,934 | -2,514,630 |
| Goldman Sachs Group Inc | 5,204,786 | +3,151,211 |
| Capital Research Global Investors | 4,676,774 | -631,967 |
| Azora Capital LP | 3,774,739 | +568,931 |
| Geode Capital Management, LLC | 3,681,214 | -414,977 |
| Morgan Stanley | 3,330,268 | +560,033 |
| First Trust Advisors LP | 3,270,506 | +965,563 |
| Allianz Asset Management GmbH | 3,031,284 | -87,852 |
| Northern Trust Corp | 2,316,033 | +32,275 |
Insiders
19 insiders reported holding 3,032,356 shares in total, about $71.7M at the last price.
| Holder | Shares |
|---|---|
| Witter Jonathan W.CEO, Director | 1,423,878 |
| Jafarieh NicolasEVP -Legal, Govt, Comm Officer | 280,965 |
| Vieira Donna FEVP & Chief Commercial Officer | 179,359 |
| Palmer Kerri A.EVP, Chief Operational Officer | 169,037 |
| Graham Peter MEVP, CFO | 152,338 |
| Matheson James D.Director | 111,837 |
| Franke Mary Carter WarrenDirector | 104,998 |
| Schneck-Last Vivian C.Director | 98,945 |
| Lavelle Mark LDirector | 86,839 |
| Pahwa MunishEVP & Chief Risk Officer | 84,743 |
Questions about SLM
What does SLM Corp do?
SLM Corp is registered with the SEC under industry code SIC 6141 (Personal Credit Institutions). Its shares trade on NASDAQ under the ticker SLM.
Is SLM Corp profitable?
Yes. Over the twelve months to June 30, 2026 it reported net income of $735.5M.
When did SLM Corp last report?
Its most recent periodic report is the quarterly report (10-Q) filed on July 23, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from September 18, 2026.
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Follow SLM: get an email when it filesWhere the numbers come from
Financial figures are the values SLM Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.