# SLM Corporation (SLMBP)

> Source: Nexqual · https://nexqual.com/SLMBP · data as of 2026-10-23 20:00 UTC · cite as "Nexqual, SLM Corporation (SLMBP), nexqual.com/SLMBP" · informational, not investment advice.

**Price:** USD 70.21 (-1.79% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 71.49 · day 69.59–71.71 · 52w 69.59–76.27 · market cap null · NMS

## Key facts
- Last four reported quarters (through Sep 30, 2026): revenue $1.79B, net income $567M (31.7% margin) (SEC filings).
- Total return with dividends: 1Y +0.1% vs S&P 500 +13.4%; 5Y +73.1% vs S&P 500 +76.9%.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $2.03B | $1.82B | $1.81B | $1.85B | $1.98B | $1.79B |
| Net income | $1.16B | $469M | $581M | $608M | $745M | $567M |
| EPS (diluted) | $3.61 | $1.76 | $2.41 | $2.68 | $3.46 | — |
| Net margin | 57.2% | 25.7% | 32.1% | 32.9% | 37.5% | 31.7% |
| Revenue growth | +11.9% | -10.1% | -0.8% | +2.2% | +7.3% | — |
| Cash + short-term investments | $4.33B | $4.62B | $4.15B | $4.70B | $4.24B | — |
| Total debt | $5.93B | $5.24B | $5.23B | $6.44B | $5.86B | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Sep 30, 2026)

P/E at fiscal year-ends: Dec 2025 20.6x, Dec 2024 26.8x, Dec 2023 26.6x.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | +0.1% | +73.1% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | +0.1% | +11.6% |
| Volatility (annualized) | 9.0% | 13.4% |
| Max drawdown | -6.1% (Sep 2026→Oct 2026) | -14.0% (Feb 2023→May 2023) |

## Peers (Credit Services)
V (Visa Inc.) USD 407.92 -1.55% · MA (Mastercard Incorporated) USD 623.6 -1.52% · AXP (American Express Company) USD 313.22 -3.68% · COF (Capital One Financial Corporati) USD 201.34 -1.03% · PYPL (PayPal Holdings, Inc.) USD 57.02 -0.90% · SYF (Synchrony Financial) USD 73.64 -1.93%

## More
Full page: https://nexqual.com/SLMBP · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in SLMBP's own 10-K filed 2026-02-19 (https://www.sec.gov/Archives/edgar/data/1032033/000103203326000011/slm-20251231.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Scholly | "The decrease was a result of an increase in amortization recorded on our customer relationships in 2024 in accordance with the accelerated amortization method, and the impairment write-down of the Scholly partner relatio…" |
| Partner | NAVIENT CORP (NAVI) | "In connection with the Spin-Off, we entered into a Separation and Distribution Agreement with Navient (the "Separation and Distribution Agreement")." |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-12-31) | — | — | — | $340.5M | — |
| Next quarter (ends 2027-03-31) | — | — | — | $346.7M | — |
| Current fiscal year (ends 2026-12-31) | — | — | — | $1.39B | — |
| Next fiscal year (ends 2027-12-31) | — | — | — | $1.45B | — |