Trade SLM Corp - SLM CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.12
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.021596 %(-$4.32)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: -0.02160%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.000626 %(-$0.13)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: -0.00063%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 1
• Margin: 5.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.021596 %
  (-$4.32)

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.000626 %
  (-$0.13)

Key Stats

• Prev. Close: 26.43
• Open: 26.15
• 1-Year Change: -14.99%
• Day's Range: 26.05 - 27.13

Trade SLM Corp - SLM

About SLM Corp

SLM Corporation is a holding company. The Company offers college planning process by providing tools, resources, and information to help students and families make informed decisions and to improve access and support college completion through its scholarship programs and financing options. Its primary business is to originate and service private education loans. It provides private education loans to bridge the gap between the cost of higher education and the amount funded through financial aid, federal loans, and student and family's resources. It offers a range of deposit products insured by the Federal Deposit Insurance Corporation (the FDIC). It also offers six loan products for specific graduate programs of study, which includes the Sallie Mae Law School Loan, the Sallie Mae MBA Loan, the Sallie Mae Health Professions Graduate Loan, the Sallie Mae Medical School Loan, the Sallie Mae Dental School Loan, and the Sallie Mae Graduate School Loan.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, SLM Corp interest income decreased 12% to $1.78B. Net interest income after loan loss provision increased 3% to $1.43B. Net income applicable to common stockholders increased 33% to $1.16B. Net interest income after loan loss provision reflects Investments increase of 18% to $13.9M. Net income benefited from Gains on sales of loans,net increase from $238.3M to $548.3M (income).

Equity composition

Common Stk $.20 Par, 12/11, 1,125M auth., 529,000,000 issd., Insiders control 0.68%. 7/87, 2M shares @ $82.25 by Morgan Stanley. Preferred Stock $.20 Par., 20M auth., Ser. A 3,300,000 issd., Ser. B 4,000,000 issd., Ser. C 0 issd.