Last €7.64 EUR
Change Today -0.022 / -0.29%
Volume 0.0
SM1 On Other Exchanges
Symbol
Exchange
NASDAQ GS
Berlin
As of 7:06 AM 11/27/14 All times are local (Market data is delayed by at least 15 minutes).

slm corp (SM1) Snapshot

Open
€7.63
Previous Close
€7.66
Day High
€7.74
Day Low
€7.63
52 Week High
11/12/14 - €8.06
52 Week Low
02/5/14 - €5.76
Market Cap
3.2B
Average Volume 10 Days
77.6
EPS TTM
--
Shares Outstanding
423.2M
EX-Date
06/5/14
P/E TM
--
Dividend
--
Dividend Yield
2.87%
Current Stock Chart for SLM CORP (SM1)

slm corp (SM1) Details

SLM Corporation, also known as Sallie Mae, together with its subsidiaries, operates as a financial services company specializing in education in the United States. It offers education loan options for undergraduates, graduate students, and professional students, as well as families with children in private K–12 schools; and banking products, such as money market accounts, high yield savings accounts, and certificates of deposits. The company also provides auto, tuition, life, health, travel, and renters insurance coverage for students, recent graduates, and young adults. In addition, its products and services include Upromise rewards, scholarship search and planning tools, private education loans, and online banking services. SLM Corporation is based in Newark, Delaware.

slm corp (SM1) Top Compensated Officers

Executive Vice President, General Counsel and...
Total Annual Compensation: $525.0K
Compensation as of Fiscal Year 2013.

slm corp (SM1) Key Developments

Sallie Mae Declares Fourth-Quarter Dividend on its Preferred Stock Series B, Payable on December 15, 2014

Sallie Mae announced a 2014 fourth-quarter dividend on its Preferred Stock Series B of $0.4890239 per share. The dividend will be paid on December 15, 2014, to stockholders of record at the close of business on December 5, 2014.

Sallie Mae Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Earnings Guidance for the Year 2014

Sallie Mae announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the third-quarter 2014, net income attributable to the company common stock was $79.076 million or $0.18 diluted earnings per share, up from $49.390 million or $0.11 diluted earnings per share in the year-ago quarter. The year-over-year increase was attributable to a $42 million increase in gains on sales of loans and a $27 million increase in net interest income. These gains were partially offset by a $17 million operating expense increase. Core earnings for the quarter were $79 million or $0.17 diluted earnings per share, compared with $49 million or $0.11 diluted earnings per share in the year-ago quarter. Total interest income was $168.203 million against $137.693 million a year ago. Net interest income was $144.026 million against $116.783 million a year ago. Income before income tax expense was $137.829 million against $79.329 million a year ago. Core ROA for the quarter was 2.7% compared to 1.7% in second quarter of 2014 and 2.1% in the year-ago quarter. Core return on equity was 24% compared to 15.4% in second quarter of 2014 and 16.3% in the year-ago quarter. For the nine months, the company reported total interest income of $495.645 million against $404.869 million a year ago. Net interest income was $427.803 million against $339.902 million a year ago. Income before income tax expense was $289.570 million against $319.734 million a year ago. Net income attributable to the company common stock was $166.424 million or $0.38 diluted earnings per share against $198.743 million or $0.44 diluted earnings per share a year ago. Core earnings were $175.514 million or $0.39 diluted earnings per share, compared with $198.816 million or $0.44 diluted earnings per share a year ago. The company provided earnings guidance for the year 2014. The company expects full-year 2014 diluted core earnings per share between $0.42 and $0.43. The company expects tax rate for the full year will be close to 40%. The company expects ROA will settle down at around 1.7% and 15.7%, respectively, for the full year.

Sallie Mae Launches New Term Life Insurance Product

Sallie Mae launched a new Term Life Insurance product. The product is underwritten by Minnesota Life Insurance Company. Individuals can opt for coverage of up to USD 250,000 and the length or term of the plan is based on customers' family's needs.

 

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Industry Analysis

SM1

Industry Average

Valuation SM1 Industry Range
Price/Earnings 17.7x
Price/Sales 5.9x
Price/Book 3.2x
Price/Cash Flow 16.9x
TEV/Sales 2.7x
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