Detail akcie SLM online

Business Summary: SLM Corporation is a holding company, which operates through various subsidiaries and is a financial brand for higher education. The Company’s primary business is to originate and service loans it makes to students and their families to finance the cost of their education. It also offers a range of deposit products insured by the Federal Deposit Insurance Corporation. Its primary private education loan product is the Smart Option Student Loan, which emphasizes in-school payment features that can produce shorter terms and reduce customers’ total finance charges. Smart Option Student Loan generally runs for six months after the borrower separates from school but can run for up to 36 months for a small subset of graduate loans. It also offers six loan products for specific graduate programs of study. These include the Sallie Mae Law School Loan, the Sallie Mae MBA Loan, the Sallie Mae Graduate School Loan for Health Professions, the Sallie Mae Medical School Loan, and others.
Financial Summary: BRIEF: For the six months ended 30 June 2024, SLM Corp interest income increased 3% to $1.31B. Net interest income after loan loss provision increased 11% to $730.3M. Net income applicable to common stockholders increased 42% to $532.6M. Net interest income after loan loss provision reflects Cash and cash equivalents increase of 17% to $113.4M, Loans increase of 1% to $1.16B. Net income benefited from Gains on sales of loans.