About Sallie Mae
Sallie Mae is a publicly listed company based in Newark (United States) founded in 1972. Commercial banking services in education financing are provided nationwide. The company has 1,710 employees. Sallie Mae has completed 2 acquisitions, including Sallie and Upromise. Its website salliemae.com draws about 2.6 million monthly visits. Sallie Mae offers products and services including Private Student Loans, High-Yield Savings Account, Money Market Account, and Certificates of Deposit. Its focus areas include Banks and Commercial Banks. Its legal entity is SLM CORPORATION. Its competitors include Truist, First Republic Bank and Equity Bank; 1 of its 3 listed competitors has raised funding.
Company details
Sallie Mae was founded in 1972 and is headquartered in Newark, United States. Operations are conducted in the financial services sector as a commercial bank, with a focus on education-related lending and financing. Services include student loan origination and management. In 2014, annual revenues of 6.26 billion were achieved, accompanied by a net profit of 1.41 billion. The company serves customers across the United States through its online domain, salliemae.com.
- Headquarters Newark, United States
- Employees 1,710
- Stage Public
- SectorsFinancial Services
- Website category Finance · Financial Planning and Management
- Email••••••••
- Website salliemae.com
- Social LinkedIn X Facebook Instagram
- Legal Name Slm Corporation
- Annual Revenue$3.13 B (USD)3.44as on Dec 31, 2025
- Net Profit$744.85 M (USD)22.44as on Dec 31, 2025
- EBITDA$1.68 B (USD)10.22as on Dec 31, 2025
- Employee Count1,710
- Investments & AcquisitionsSallie
& 1 more
Products & Services of Sallie Mae
Sallie Mae offers a comprehensive portfolio of products and services, including Private Student Loans, High-Yield Savings Account, Money Market Account, and Certificates of Deposit.
Loans for undergraduate, graduate, and career training to cover education costs.
Account offering higher interest rates with no fees for money growth.
Account with higher interest and no monthly fees for savings.
Fixed-term deposits earning guaranteed interest rates.
People of Sallie Mae
377 people are tracked at Sallie Mae (200 in leadership, 12 in board & advisors, 165 in team); the tracked headcount is 1,710.
| Name | Role | Group |
|---|---|---|
Jonathan Witter | Chief Executive Officer | Leadership |
Dave Hallgarth Mba | Vice President, Office Of The CIO | Leadership |
Ashok Anthey | Vice President, Financial Planning & Analysis | Leadership |
Lynn Israel | Director Enterprise Risk | Leadership |
Grace Qian | Director Of Fair And Responsible Banking, CRA And Udaap | Leadership |
Steve Pett | Director - Fp&a | Leadership |
Max Schmidt | Head Of Business Development | Leadership |
Lindsay Glessner | Vice President, Aml/cft Officer | Leadership |
Steve Lodin | Vice President, Information Security | Leadership |
Nicolas Jafarieh | EVP & Chief Legal, Government Affairs & Communications Officer | Leadership |
Jonathan O'Donnell | Vice President, Strategy & Operations | Education Services | Leadership |
Steve Arnold | Director Of Digital Engineering | Leadership |
Kerri Palmer | EVP, Chief Operational Officer, & President of Sallie Mae Bank | Leadership |
Mark Mouradian II | Director Information Security | Leadership |
Patrick Chaing | Senior Director, Associate General Counsel | Leadership |
Chad H. | Director - Threat And Vulnerability Management | Leadership |
David Skibicki | Senior Director Of Operations Support Management | Leadership |
Mike Bandy | Senior Director, Distributed Operations | Leadership |
Nikki Manus | Director Technology Project Management | Leadership |
Kerry Wood | Director, Technology Operations | Leadership |
357 more people are available in the full profile.
Complete people profiles for Sallie Mae
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IPO & Listings of Sallie Mae
Sallie Mae is a publicly listed company on the NASDAQ with ticker symbol SLM in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date16 Mar 2014
- Listed onNASDAQ: SLM
- Listed entitySLM Corporation
- Exchange sectorFinance
- ISINUS78442P1066
- Share price$22.70 (-1.05% on the day) · 2026-10-13
- Market capitalisation$4.27B
- Price to earnings6.4
- EPS (diluted, trailing year)$3.57
- Dividend yield2.27%
- Volume (last session)3,143,293
Financials of Sallie Mae
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $3.13B | $744.9M | $1.68B |
| 2024 | $3.03B | $608.3M | $1.53B |
| 2023 | $2.89B | $581.4M | $1.48B |
| 2022 | $2.37B | $469.0M | $1.47B |
| 2021 | $2.37B | $1.16B | $1.66B |
Detailed financial statements for Sallie Mae
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Investments & Acquisitions by Sallie Mae
Sallie Mae has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Sallie and Upromise.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Education consulting services are provided by Nitro since 2016. | nitrocollege.com | Wilmington, United States | 2016 | Jan 2022 | •••• | |
Cashback rewards for college savings are earned via Upromise platform. | upromise.com | Newton, United States | 2000 | Jun 2006 | •••• |
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Competitors of Sallie Mae
Sallie Mae has 3 listed competitors in our database, 1 of them funded. They include Truist, First Republic Bank and Equity Bank.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| truist.com | 1872 | Charlotte, United States | 55,480 | Wealth advisory and banking services are offered to clients. | ||
| firstrepublic.com | 1985 | San Francisco, United States | 7,065 | Commercial bank | ||
| equitybank.com | 2002 | Wichita, United States | $89.7M | Commercial banking services are provided to businesses and individuals. |
Detailed competitors of Sallie Mae
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Web traffic of Sallie Mae
The website of Sallie Mae (salliemae.com) receives about 2.6M visits a month and ranks #20,647 among all websites worldwide, #1,322 in Financial Planning and Management.
- Monthly visits2.6M
▲ 50.4% vs previous month
- Unique visitors813.5K
per month
- Global rank#20,647
among all websites
- Category rank#1,322
Finance · Financial Planning and Management
- Bounce rate25%
- Pages per visit8.0
- Average visit4 min 30 sec
- DevicesDesktop 55% · Mobile 45%
Websites whose visitors overlap most with Sallie Mae. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| nelnet.com | 100% | #102,648 | View details | ||
collegeave.com | collegeave.com | 86% | #84,413 | – | |
| credible.com | 86% | 847.2K | #44,104 | View details | |
studentloan.com | studentloan.com | 83% | – | ||
| smartasset.com | 77% | 7.2M | #8,499 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
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Related news about Sallie Mae
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Frequently Asked Questions about Sallie Mae
Sallie Mae was founded in 1972.
Sallie Mae is headquartered in Newark, United States. It is registered at Newark, New Jersey, United States.
Sallie Mae has 1,710 employees.
Annual revenue of Sallie Mae is $3.13B as on Dec 31, 2025.
Sallie Mae was founded in 1972 and is headquartered in Newark, United States. Operations are conducted in the financial services sector as a commercial bank, with a focus on education-related lending and financing. Services include student loan origination and management. In 2014, annual revenues of 6.26 billion were achieved, accompanied by a net profit of 1.41 billion. The company serves customers across the United States through its online domain, salliemae.com.
Sallie Mae's top competitors include Truist, First Republic Bank and Equity Bank.
Sallie Mae offers Private Student Loans, High-Yield Savings Account, Money Market Account, and Certificates of Deposit.
Yes, Sallie Mae is publicly traded on NASDAQ under the ticker symbol SLM.
Sallie Mae operates through Slm Corporation.
The website of Sallie Mae receives about 2.6 million visits a month and ranks #20,647 among all websites worldwide.