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SLM Corporation (SLM) stock surged +1.76%, trading at $30.14 on NASDAQ, up from the previous close of $29.62. The stock opened at $29.23, fluctuating between $29.10 and $30.69 in the recent session.
SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It also offers retail deposit accounts, including certificates of deposit, money market deposit accounts, and high-yield savings accounts; and omnibus accounts, as well as credit card loans. It serves students and families through financial aid, federal loans, and student and family resources. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.
Employees | 1710 |
Beta | 1.25 |
Sales or Revenue | $1.81B |
5Y Sales Change% | 1.022% |
Fiscal Year Ends | December |
Sector | Financial Services |
Industry | Financial - Credit Services |