NASDAQ · SLMBPFinancialsBanking & Credit

SLM Corporation Floating-Rate Non-Cumulative Series B (SLMBP)

$74.00+0.14%
Close Sep 28, 2026 · split-adjusted
Sep 28, 2026$74.00▼ 1.72% in range
Sep 29, 2025Low $72.00 · High $76.34Sep 28, 2026
What changed · written from our data
As of Sep 28, 2026

SLM Corporation Floating-Rate Non-Cumulative Series B closed at $74.00 on Sep 28, up 0.14%, within 2.8% of its 52-week closing low. Volume of 628 shares was 0.32× its 20-day average (below normal).

Split-adjusted performance: -1.6% over one month, -1.1% over six months.

In the quarter ended Jun 30, 2026, revenue was $670.34M, down 1.9% from a year earlier, with a net margin of 8.2%.

Short interest was 4.2K shares at the Sep 15 settlement, down 17.1% from the prior report (1.7 days to cover).

Market cap$185.8M2.5M shares
Revenue · quarter$670.3M−1.9% YoY
Diluted EPS$0.29−9.4% YoY
P/E · TTM0.3×P/S 0.1×
Net margin8.2%Gross 59.8%
Dividend yield7.78%$1.4393 last paid
52-week range72.00 – 76.34−3.1% from high
Volume6280.32× 20-day avg
Volatility · 60d7.8%Annualised
Short % of float—1.7 days to cover
Net cash$830.7MCash $6.67B
Next earnings—Not scheduled
Split-adjusted performance
1W +0.7%1M −1.6%3M −0.4%6M −1.1%YTD +1.6%1Y —3Y +19.4%5Y +20.8%

Earnings reactions

History →

No reported quarters with price history yet.

Rank within Banking & Credit

Percentile among 440 companies (100 = best)

6-month momentum—
Revenue growth—
Net margin—
Value (low P/E)—
Size—

Industry medians: 6-month return +14.9%, revenue growth +5.5%, net margin 18.0%, P/E 12.1×.

Short interest

Details →
Shares short4.2K−17.1% vs prior
Days to cover1.7Settled Sep 15
% of float—
Short vol. 10d55.4%of daily volume

Closest peers by size in Banking & Credit

CompanyPriceToday6MRev. growthNet marginP/EMkt cap
SLMBPSLM Corporation Floating-Rate Non-Cumulative Series B$74.00+0.14%−1.1%−1.9%8.2%0.3$185.8M
AUBpAAtlantic Union Bankshares Corporation Depositary Shares, Each Representing a 1/400th Interest in a Share of 6.875% Perpetual Non-Cumulative Preferred Stock, Series A$23.34−1.02%−5.1%−2.5%27.4%0.3$161.0MCompare
TCBIOTexas Capital Bancshares, Inc. Depositary Shares 5.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock Series B$18.35−1.56%−15.7%+4.3%15.7%0.6$220.2MCompare
VLYPNValley National Bancorp 8.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series C$25.37−0.04%+0.4%+4.1%18.1%0.2$152.2MCompare
BPOPMPopular, Inc. Popular Capital Tr II 6.125%$25.09−0.16%−0.8%+4.5%23.9%0.1$130.5MCompare
FLGpAFlagstar Bank, National Association Depositary shares, each representing a 1/40th interest in a share of Fixed-to-Floating Rate Series A Noncumulative Perpetual Preferred Stock$23.73+0.08%+15.0%−13.8%2.5%7.9$118.7MCompare
NTRSONorthern Trust Corporation Depositary Shares Each Representing a 1/1,000th Interest in a Share of Series E Non-Cumulative Perpetual Preferred Stock$18.21−0.16%−3.3%+17.0%18.6%0.1$291.4MCompare
MSBIPMidland States Bancorp, Inc. Depositary Shares Each Representing a 1/40th Interest in a Share of 7.750% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A$25.300.00%+2.0%−7.8%15.8%3.4$116.4MCompare
VLYPPValley National Bancorp 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A$25.01+0.25%+0.5%+4.1%18.1%0.2$115.1MCompare

Quick answers

What does SLM Corporation Floating-Rate Non-Cumulative Series B do?
SLM Corp is an education solutions company. Its business is to originate and service loans to students and their families to finance the cost of their education.
What is SLMBP's market cap?
$185.79M, based on the Sep 28 close of $74.00.
What is SLMBP's P/E ratio?
0.3× trailing-twelve-month earnings of $720.58M.
Does SLM Corporation Floating-Rate Non-Cumulative Series B pay a dividend?
Yes. The latest regular dividend was $1.439 per share (ex-date Sep 4), an annualised yield of 7.78%.
What sector is SLMBP in?
Financials, in the Banking & Credit industry.

About SLM Corporation Floating-Rate Non-Cumulative Series B

SLM Corp is an education solutions company. Its business is to originate and service loans to students and their families to finance the cost of their education. The term' Private Education Loans to mean education loans to students or their families that are not made, insured, or guaranteed by any state or federal government.

HQ: Newark, DE1,788 employeesListed Jul 11, 2005salliemae.com

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology