Name | Value |
---|---|
Revenues | 390.0M |
Cost of Revenue | 0.0M |
Gross Profit | 390.0M |
Operating Expense | 390.0M |
Operating I/L | 0.0M |
Other Income/Expense | 132.2M |
Interest Income | 661.4M |
Pretax | 132.2M |
Income Tax Expense | 20.6M |
Net Income/Loss | 111.6M |
SLM Corporation, operating through its subsidiaries, provides private education loans to students and families in the United States to fund education expenses. Additionally, the company offers retail deposit accounts, including certificates of deposit, money market deposit accounts, and high-yield savings accounts, as well as credit card loans. SLM Corporation serves its customers through financial aid, federal loans, and student and family resources, generating revenue from the interest and fees associated with the loans and deposit accounts.