SLM Corp.
- SLM ยท Nasdaq
- Personal Credit Institutions
- Newark, DE
- 1,788 employees
- CIK 0001032033
Updated from SEC filings through
Top things to know
Executives
- Jonathan W. Witter CEO 4, 2026-03-04
- Peter M. Graham Co-President and CFO 4, 2026-03-04
- Steven Allen Turner EVP, Chief Tech. & Enablement 4/A, 2026-06-18
- Steven A. Turner Executive Vice President and Chief Technology and Enablement Officer DEF 14A, 2026-04-27
- Kerri A. Palmer EVP, Chief Operational Officer 4, 2026-03-04
- Munish Pahwa EVP & Chief Risk Officer 4, 2026-03-04
SLM Corp is a U.S. public company in personal credit institutions (SIC 6141), headquartered in Newark, DE. It trades as SLM on Nasdaq. Revenue was $2.6B in the fiscal year ending December 31, 2025, +0.3% from the year before. It reported about 1,788 employees. Jonathan W. Witter is CEO.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $2.6B 10-K, 2026-02-19 | $2.6B 10-K, 2026-02-19 | $2.6B 10-K, 2026-02-19 | $2.0B 10-K, 2025-02-20 | $1.8B 10-K, 2024-02-22 |
| Operating income | Not on file | Not on file | Not on file | Not on file | Not on file |
| SG&A | Not on file | Not on file | Not on file | Not on file | Not on file |
| Net income | $745M 10-K, 2026-02-19 | $608M 10-K, 2026-02-19 | $581M 10-K, 2026-02-19 | $469M 10-K, 2025-02-20 | $1.2B 10-K, 2024-02-22 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Jonathan W. Witter Chief Executive Officer at Sallie Mae | CEO | 4, 2026-03-04 |
| Peter M. Graham Co-President and Chief Financial Officer at Sallie Mae (Nasdaq: SLM) | Co-President and CFO | 4, 2026-03-04 |
| Steven Allen Turner | EVP, Chief Tech. & Enablement | 4/A, 2026-06-18 |
| Steven A. Turner | Executive Vice President and Chief Technology and Enablement Officer | DEF 14A, 2026-04-27 |
| Kerri A. Palmer COO and Bank President at Sallie Mae | EVP, Chief Operational Officer | 4, 2026-03-04 |
| Munish Pahwa | EVP & Chief Risk Officer | 4, 2026-03-04 |
| Donna F. Vieira | EVP & Chief Commercial Officer | 4, 2025-12-03 |
| Nicolas Jafarieh | EVP -Legal, Govt, Comm Officer | 4, 2026-05-05 |
| Mary Carter Warren Franke | Chair of the Board of Directors | 10-K, 2026-02-19 |
| Christopher T. Leech | Director | 10-K, 2026-02-19 |
| Daniel Greenstein | Director | 10-K, 2026-02-19 |
| Gary Millerchip | Director | 10-K, 2026-02-19 |
| Henry F. Greig | Director | 10-K, 2026-02-19 |
| Janaki Akella | Director | 10-K, 2026-02-19 |
| Jim Matheson | Director | 10-K, 2026-02-19 |
| Kirsten O. Wolberg | Director | 10-K, 2026-02-19 |
What SLM Corp does
SLM Corporation, more commonly known as Sallie Mae, is the premier financial brand in higher education. As an education solutions company, we provide students and their families with the products and services needed to confidently and successfully navigate their higher education journey. We support students and families navigating to, through, and immediately after higher education. We simplify the college planning process and advance higher education access and completion by providing free tools, resources, scholarships, and responsible financing options.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 182.8 million (as of September 30, 2026) | 10-Q, October 22, 2026 |
|---|---|---|
| Public float | $6.8B (as of June 30, 2025) | 10-K, February 19, 2026 |
| Reportable segments | 1 (period ending September 30, 2026) | 10-Q, October 22, 2026 |
| Latest proxy statement | Meeting June 16, 2026 (filed April 27, 2026) | DEF 14A, April 27, 2026 |
| Auditor | Kpmg LLP (McLean, Virginia) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| July 29, 2025 | Kerri A. Palmer EVP, Chief Operational Officer | Sale | 55,000 | $1.8M | Form 4, July 31, 2025 |
Recent 8-K events
- 8-K filed 2026-10-22
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-08-05
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-07-23
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-06-18
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-06-10
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-05-15
- Item 1.01 Entry into a material definitive agreement
- Item 8.01 Other events
- 8-K filed 2026-05-06
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-05-05
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-04-27
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-04-23
- Item 2.02 Results of operations and financial condition (earnings release)
Frequently asked questions about SLM Corp
- What does SLM Corp do?
- In its own words, from Item 1 of its 10-K: "SLM Corporation, more commonly known as Sallie Mae, is the premier financial brand in higher education. As an education solutions company, we provide students and their families with the products and services needed to confidently and successfully navigate their higher education journey. We support students and families navigating to, through, and immediately after higher education. We simplify the college planning process and advance higher education access and completion by providing free tools, resources, scholarships, and responsible financing options."
- What is SLM Corp's revenue?
- $2.6B for the fiscal year ending December 31, 2025, from its 10-K filed February 19, 2026.
- Is SLM Corp profitable?
- SLM Corp reported net income of $745M for the fiscal year ending December 31, 2025.
- How many employees does SLM Corp have?
- About 1,788 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of SLM Corp?
- Jonathan W. Witter, CEO, as named in a 4 filed March 4, 2026.
- Who is the CFO of SLM Corp?
- Peter M. Graham, Co-President and CFO, as named in a 4 filed March 4, 2026.
- Where is SLM Corp headquartered?
- Newark, DE.
- What is SLM Corp's stock ticker?
- SLM, SLMBP on Nasdaq.
- What industry is SLM Corp in?
- Personal Credit Institutions, SIC code 6141.
- What is SLM Corp's website?
- salliemae.com.
- When does SLM Corp report earnings next?
- January 21, 2027. Source: estimate_8k_pattern.
- Is SLM Corp a public company?
- Yes. SLM Corp files with the SEC under CIK 0001032033 and trades as SLM.
- Who audits SLM Corp?
- Kpmg LLP, McLean, Virginia, as named in its latest annual report (10-K).
- How many shares of SLM Corp are outstanding?
- 182.8 million shares as of September 30, 2026, from its 10-Q filed October 22, 2026.
- What is SLM Corp's public float?
- $6.8B as of June 30, 2025, as reported on the cover of its 10-K filed February 19, 2026.
- How many business segments does SLM Corp report?
- 1 reportable segment for the period ending September 30, 2026, from its 10-Q filed October 22, 2026.
- When is SLM Corp's annual shareholder meeting?
- June 16, 2026, per its proxy statement (DEF 14A) filed April 27, 2026.
- Have SLM Corp insiders traded stock recently?
- Since July 29, 2025, officers and directors reported 1 open-market sale worth about $1.8M and 0 purchases on Forms 4 and 5. The most recent: Kerri A. Palmer (EVP, Chief Operational Officer) sold 55,000 shares on July 29, 2025.