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SLM Corp. - SLM STOCK NEWS

Welcome to our dedicated news page for SLM (Ticker: SLM), a resource for investors and traders seeking the latest updates and insights on SLM.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SLM's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SLM's position in the market.

Rhea-AI Summary
Sallie Mae (Nasdaq: SLM) declares dividends on Preferred Stock Series B and Common Stock for the 2024 second quarter. The Preferred Stock Series B will receive $1.9038003 per share, while the common stock will receive $0.11 per share. The dividends will be paid on June 17, 2024. Sallie Mae focuses on education and lifelong learning to empower individuals. For more information, visit SallieMae.com.
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Rhea-AI Summary
Sallie Mae (SLM) to announce first-quarter 2024 financial results on April 24, 2024, with a live webcast scheduled. The company aims to provide insights into its performance and financial standing.
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End-of-Day
0.43%
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Rhea-AI Summary
The press release discusses the findings of the 'How America Completes College 2024' report, highlighting the differences between students on track for graduation and those at risk of non-completion. It reveals that first-generation students are more likely to consider leaving college before completion compared to students from college-educated families.
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0.95%
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The Sallie Mae Fund, in partnership with Thurgood Marshall College Fund, is offering 40 scholarships worth up to $10,000 each to high school students and $10,000 scholarships to 10 graduate students. The program aims to support underserved communities in accessing higher education.
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-0.05%
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Scholly founder Chris Gray and Sallie Mae's Donna Vieira join Shark Tank investors Daymond John and Lori Greiner to celebrate the success of the innovative scholarship app. The update includes a $1 million contribution from The Sallie Mae Fund to the Thurgood Marshall College Fund and scholarships for two students from Bayside High School in Queens.
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-1.14%
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Rhea-AI Summary
Sallie Mae and The Sallie Mae Fund, in partnership with Thurgood Marshall College Fund, award $10,000 scholarships to 10 graduate students advocating for social justice and community support. Recipients include students pursuing various graduate degrees with a focus on community engagement and advocacy.
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End-of-Day
2.5%
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Rhea-AI Summary
Sallie Mae (SLM) CFO Pete Graham to speak at 2024 RBC Capital Markets Conference. Webcast details provided.
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-0.4%
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Sallie Mae (Nasdaq: SLM) announces its 2024 annual meeting of stockholders to be held virtually on June 18, 2024. The company focuses on providing financing and support for education and life-long learning.
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Sallie Mae (SLM) CEO and CFO to speak at 2024 UBS Financial Services Conference. Live webcast scheduled for Feb. 27.
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End-of-Day
2.86%
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Rhea-AI Summary
Sallie Mae (SLM) reported fourth-quarter GAAP net income of $164 million, $0.72 per diluted share, and full-year 2023 GAAP net income of $564 million, $2.41 per diluted share. Full-year 2023 private education loan originations were $6.4 billion, up 7% from the year-ago period. The company also saw a decrease in private education loan net charge-offs from 3.15% to 2.43%. Sallie Mae's board of directors approved a new $650 million share repurchase program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.44%
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SLM Corp.

Nasdaq:SLM

SLM Rankings

SLM Stock Data

4.55B
197.84M
1.13%
102.17%
5.67%
Credit Card Issuing
Finance and Insurance
Link
US
Newark

About SLM

sallie mae (nasdaq: slm) is the nation’s saving, planning, and paying for college company. whether college is a long way off or just around the corner, sallie mae offers products that promote responsible personal finance including private education loans, upromise rewards, scholarship search, college financial planning tools and online retail banking. learn more at salliemae.com. commonly known as sallie mae, slm corporation and its subsidiaries are not sponsored by or agencies of the united states of america.