SLM News and Press, SLM Corporation From 08/17/23

2023-08-17 03:48:11 ET Summary SLMBP, the preference stock listing of Sallie Mae, has outperformed the common stock listing and the S&P 500 Financials index in 2023. SLMBP's performance is attributed to its higher dividend yield tied to rising interest rates. Sallie Mae's ...

2023-08-16 16:22:37 ET Summary SLM Corporation's beaten-down valuation presents an appealing buying opportunity despite potential hurdles like higher interest rates. SLM, also known as Sallie Mae, originates and services private education loans in the US, benefiting from the growi...

2023-08-13 16:12:00 ET For more than three years, repayments of federal student loans have been paused. With the Supreme Court ruling against President Biden's student loan forgiveness, loan payments will restart in October, with interest beginning to accrue again in September. That rai...

FAFSA ® Completion Rates Hold Steady But 72% of Families Unable to Correctly Identify When the FAFSA ® Becomes Available Families reported spending $28,026 on college for academic year 2022-23—an 11% increase from $25,313 in 2021-22— and covered...

2023-07-27 12:23:09 ET SLM Corp. (SLM) Q2 2023 Earnings Conference Call July 27, 2023, 08:00 AM ET Company Participants Melissa Bronaugh - VP & Head, IR Jonathan Witter - CEO & Director Steven McGarry - EVP & CFO Conference Call Participants ...

2023-07-26 17:21:07 ET Sallie Mae ( NASDAQ: SLM ), a private student lender, said on Wednesday that it acquired several key assets of scholarship search app Scholly. The transaction aligns with SLM's "mission to power confidence in students and families," said CEO Jon Witter. ...

2023-07-26 16:45:31 ET Sallie Mae press release ( NASDAQ: SLM ): Q2 Non-GAAP EPS of $1.10 misses by $0.07 . Revenue of $386.6M (+13.0% Y/Y) beats by $19.32M . Shares +1.05% . Full-year diluted non-GAAP Core Earnings per common share of $2.50 - $2.70,&#x...

Asset Acquisition Adds to Sallie Mae’s Growing Suite of Education Solutions That Help Families Effectively Plan and Pay for Higher Education Sallie Mae to Make Scholly’s Scholarship Search App Free For Students and Families Sallie Mae (Nasdaq: SLM), formally ...

Second-Quarter GAAP Net Income Attributable to Common Stock of $261 Million, or $1.10 Per Diluted Share Private Education Loan Originations Increase 6% from Year-Ago Quarter to $651 Million Completed $2.1 Billion in Private Education Loan Sales During the Quarter Resulting...

Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, has named Munish Pahwa Executive Vice President and Chief Risk Officer. Pahwa will be accountable for the company’s integrated risk and compliance function and maintaining strong relationships with regulators. He succeeds Kerri Palm...