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NASDAQ · Finance

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.

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Price
$23.66
+2.65% on the day · September 25, 2026
52-week range $17.77 to $31.06
Market cap
$4.4B
P/E
6.8
on FY2025 diluted EPS

What 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

Net income
FY18: $487.5M $487.5M FY18FY19: $578.3M $578.3M FY19FY20: $880.7M $880.7M FY20FY21: $1.2B $1.2B FY21FY22: $469M $469M FY22FY23: $581.4M $581.4M FY23FY24: $608.3M $608.3M FY24FY25: $744.8M $744.8M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025n/an/a$744.8M$3.46n/a
2024n/an/a$608.3M$2.68n/a
2023n/an/a$581.4M$2.41n/a
2022n/an/a$469M$1.76n/a
2021n/an/a$1.2B$3.61n/a
2020n/an/a$880.7M$2.25n/a

Full financial statements: income, balance sheet and cash flow

Next report expected around October 22, 2026.

Estimated from its filing rhythm: about 91 days after its last report of July 23, 2026, its usual gap. Not a date the company has announced. See the report calendar

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 yearPer sharePaid outOf profit
2025$0.52$107.7M14%
2024$0.46$99.2M16%
2023$0.44$101.2M17%
2022$0.44$113M24%
2021$0.20$60.5M5%
2020$0.12$46.4M5%

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What SLM Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. August 14, 2026
  2. August 5, 2026
  3. July 23, 2026
    Quarterly report 10-Q · period to June 30, 2026Diluted EPS $0.29 versus $0.32.
  4. July 23, 2026
  5. June 18, 2026
  6. June 10, 2026
  7. May 15, 2026
  8. May 14, 2026
  9. May 13, 2026
  10. May 7, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 18, 2026. Insider transactions on SEC

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.

Bought (open market)
$0
last 90 days
Sold
$0
last 90 days
DateInsiderWhatSharesPriceValueFiling
September 16, 2026 Blackley Richard ScottDirector Received as pay 1,087 - - Form 4
September 16, 2026 Greig Henry FDirector Received as pay 988 - - Form 4
September 16, 2026 Lavelle Mark LDirector Received as pay 1,038 - - Form 4
September 16, 2026 Leech Christopher T.Director Received as pay 914 - - Form 4
June 17, 2026 Blackley Richard ScottDirector Received as pay 1,198 - - Form 4
June 17, 2026 Greig Henry FDirector Received as pay 1,089 - - Form 4
June 17, 2026 Manvitz TedDirector Received as pay 1,062 - - Form 4
June 16, 2026 Akella JanakiDirector Received as pay 7,349 - - Form 4
June 16, 2026 Blackley Richard ScottDirector Received as pay 7,349 - - Form 4
June 16, 2026 Franke Mary Carter WarrenDirector Received as pay 7,349 - - Form 4
June 16, 2026 Greenstein DanielDirector Received as pay 7,349 - - Form 4
June 16, 2026 Greig Henry FDirector Received as pay 7,349 - - Form 4
June 16, 2026 Lavelle Mark LDirector Received as pay 7,349 - - Form 4
June 16, 2026 Leech Christopher T.Director Received as pay 7,349 - - Form 4
June 16, 2026 Manvitz TedDirector Received as pay 7,349 - - Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

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

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
Fmr LLC13G, passive with 1 related filers 8.9% 18,682,257 May 12, 2025
T. Rowe Price Associates, Inc.13G, passive 6.6% 12,524,989 August 14, 2026
Brave Warrior Advisors, LLC13G, passive 6.29% 12,771,928 November 6, 2025
Vanguard Portfolio Management13G, passive 5.5% 10,913,361 April 29, 2026
Vanguard Capital Management13G, passive 5.09% 10,093,938 April 30, 2026

Latest filings below 5%: Capital Research Global Investors 2.8% (May 14, 2026); Barrow Hanley Mewhinney & Strauss LLC 2.64% (May 13, 2026); The Vanguard Group 0% (March 27, 2026); Boston Partners 4.76% (May 12, 2025); Impactive Capital LP 4.4% (May 9, 2025).

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.

HolderSharesValueChange on quarter
BlackRock, Inc.17,562,699$455.6M-1,318,111
Fmr LLC17,052,007$442.3M-864,462
Brave Warrior Advisors, LLC13,381,145$347.1M-203,223
Vanguard Portfolio Management LLC9,621,467$249.6M-1,205,662
Vanguard Capital Management LLC8,198,835$212.7M-364,988
Dimensional Fund Advisors LP7,898,402$204.9M+383,372
Hotchkis & Wiley Capital Management LLC7,216,318$187.2M+730,130
American Century Companies Inc7,206,261$186.9M+890,666
Barrow Hanley Mewhinney & Strauss LLC6,520,274$169.1M+1,289,315
State Street Corp6,510,300$168.9M+58,070
Massachusetts Financial Services Co6,188,078$160.5M-441,105
Impactive Capital LP5,307,934$137.7M-2,514,630
Goldman Sachs Group Inc5,204,786$135M+3,151,211
Capital Research Global Investors4,676,774$121.3M-631,967
Azora Capital LP3,774,739$97.9M+568,931
Geode Capital Management, LLC3,681,214$95.5M-414,977
Morgan Stanley3,330,268$86.4M+560,033
First Trust Advisors LP3,270,506$84.8M+965,563
Allianz Asset Management GmbH3,031,284$78.5M-87,852
Northern Trust Corp2,316,033$60.1M+32,275

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

19 insiders reported holding 3,032,356 shares in total, about $71.7M at the last price.

HolderSharesAs of
Witter Jonathan W.CEO, Director 1,423,878 March 3, 2026
Jafarieh NicolasEVP -Legal, Govt, Comm Officer 280,965 May 1, 2026
Vieira Donna FEVP & Chief Commercial Officer 179,359 December 1, 2025
Palmer Kerri A.EVP, Chief Operational Officer 169,037 March 3, 2026
Graham Peter MEVP, CFO 152,338 March 3, 2026
Matheson James D.Director 111,837 June 16, 2026
Franke Mary Carter WarrenDirector 104,998 June 16, 2026
Schneck-Last Vivian C.Director 98,945 June 16, 2026
Lavelle Mark LDirector 86,839 September 16, 2026
Pahwa MunishEVP & Chief Risk Officer 84,743 March 3, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

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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Where 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.