Name | Value |
---|---|
Revenues | 530.7M |
Cost of Revenue | 144.3M |
Gross Profit | 386.4M |
Operating Expense | 154.2M |
Operating I/L | 331.2M |
Other Income/Expense | -68.3M |
Interest Income | 633.9M |
Pretax | 356.5M |
Income Tax Expense | 91.5M |
Net Income/Loss | 265.1M |
SLM Corporation, operating through its subsidiaries, specializes in originating and servicing private education loans for students and families in the United States. 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, providing them with the necessary financial support to cover the costs of education.