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SLM ( (SLM) ) has provided an update.
On February 4, 2025, SLM Corporation released two presentations on its website detailing their fourth-quarter and full-year financial performance for 2024. The company reported a GAAP net income of $107 million for Q4 2024 and $590 million for the full year, with private education loan originations growing by 10% year-over-year. Sallie Mae’s focus on maintaining strong earnings, balance sheet strength, and regulatory compliance highlights its robust positioning in the private student loan market, signaling potential positive implications for stakeholders.
More about SLM
SLM Corporation, commonly known as Sallie Mae, operates in the financial services industry, focusing primarily on private education loans. The company has a strong presence in the student loan market, known for its brand recognition and a well-established client base. Sallie Mae’s operations include managing various financial products and services aimed at students and their families.
YTD Price Performance: 2.41%
Average Trading Volume: 2,639,144
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $5.95B
For detailed information about SLM stock, go to TipRanks’ Stock Analysis page.
