SLM (SLM) Stock

SLM's results for the fourth quarter of 2024 show an increase in net interest income and strong loan originations. However, higher expenses are a drawback.

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM), previously known as SLM Corporation, has announced its financial results for the fourth quarter and the entire year of 2024. You can find the complete financial details and related documents at www.SallieMae.com/investors, and they will also be accessible on the Securities and Exchange Commission's website at www.sec.gov. Additionally, Sallie Mae will hold an earnings conference call today, January 23, 2025, at 5:30 p.m. ET, where executives will discuss key highlights.

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), previously known as SLM Corporation, has announced that Henry Greig will join its board of directors starting January 12, 2025. Mr. Greig has extensive experience in financial services, risk management, strategy, and operations. He served in several roles at Synchrony Financial from 2014 to 2023, including Chief Credit Officer and Chief Risk Officer.

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), previously known as SLM Corporation, will announce its financial results for the fourth quarter and full year of 2024 after the market closes on Thursday, January 23, 2025. A live audio webcast and presentation slides can be found at SallieMae.com/investors, and investors are encouraged to log in at least 15 minutes before the broadcast. The earnings news release will also be posted on the same site, along with a replay option.

NEWARK, Del.--(BUSINESS WIRE)--To celebrate Veterans Day, The Sallie Mae Fund has announced a $50,000 grant to Folds of Honor, showing its dedication to military members and their families. This funding will be used for scholarships aimed at the children and families of fallen or disabled servicemembers. “Sallie Mae's ongoing support for our scholarship program creates opportunities for higher education for these families, helping them shape better futures.”

NEWARK, Del.--(BUSINESS WIRE)--To honor National Scholarship Month, Sallie Mae has revealed the latest winners of its Bridging the Dream Scholarship. This year, 40 exceptional high school students from around the nation, who have shown excellence in academics and extracurricular activities while also needing financial support, received a $10,000 scholarship from The Sallie Mae Fund, in collaboration with the Thurgood Marshall College Fund. Among this year's winners, 30 are enrolled in Historically Black Colleges and Universities.

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM), previously known as SLM Corporation, has published its financial results for the third quarter of 2024. You can find the full financial details and related documents at www.SallieMae.com/investors, and they will also be accessible on the Securities and Exchange Commission's website at www.sec.gov. Additionally, Sallie Mae has increased its dividend for the fourth quarter of 2024 from $0.11 to $0.13 per share.

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), previously known as SLM Corporation, will announce its financial results for the third quarter of 2024 after the market closes on Wednesday, October 23, 2024. A live audio webcast and presentation slides can be found at SallieMae.com/investors, and investors are encouraged to log in at least 15 minutes before the broadcast. The earnings news release will also be posted on the same site, along with a replay option.

NEWARK, Del.--(BUSINESS WIRE)--The Sallie Mae Fund, Inc. has announced a donation of $200,000 to the HBCU Week Foundation, Inc. to help improve access to higher education at Historically Black Colleges and Universities (HBCUs). The Sallie Mae Fund will also be the main sponsor for the HBCU Week College Fair in Wilmington, Del., on September 27, and the national HBCU College Fair in Orlando, Fla., on October 24. These fairs draw thousands of potential HBCU students and help them connect with schools.