SLM Corporation

NasdaqGS SLM

SLM Corporation Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2024: 31.63%

SLM Corporation Return on Equity (ROE) is 31.63% for the Trailing 12 Months (TTM) ending September 30, 2024, a 68.56% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.

SLM Corporation Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2023 was 18.77%.

Key data

Date	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio	Debt to Equity Ratio

NasdaqGS: SLM

SLM Corporation

CEO	Mr. Jonathan W. Witter
IPO Date	Sept. 23, 1983
Location	United States
Headquarters	300 Continental Drive
Employees	1,740
Sector	Finance
Industries Banking & Lending Education Private Equity Universities

Description

SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It also offers retail deposit accounts, including certificates of deposit, money market deposit accounts, and high-yield savings accounts; and omnibus accounts, as well as credit card loans. It serves students and families through financial aid, federal loans, and student and family resources. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.

Key trends

Past 5 years