SLM Corp (NAS:SLM)
$ 21.94 0.18 (0.83%) Market Cap: 4.82 Bil Enterprise Value: 6.46 Bil PE Ratio: 6.86 PB Ratio: 2.59 GF Score: 79/100

SLM Corp at Barclays Americas Select Franchise Conference Transcript

May 14, 2019 / 07:00AM GMT
Release Date Price: $10.08 (+0.90%)
Mark C. DeVries
Barclays Bank PLC, Research Division - Director & Senior Research Analyst

Good morning, thank you for joining us and welcome to the Barclays Americas Select conference. Iâm very pleased to lead off this morning with the team from SLM Corp or Sallie Mae. Sallie Mae is the largest private student lender in the United States, with over half of the market, and have done a great job since separating from Navient, of delivering very strong earnings growth and trade at a very, very reasonable multiple. So with that brief comment, I will hand it off to the CFO, Steve McGarry.

Steven J. McGarry
SLM Corporation - Executive VP & CFO

Thank you very much, Mark. Let me start off by thanking Mark for inviting us to this conference once again. We have been presenting here for over a decade. And it's always a great conference to come to. Try and spread the word about Sallie Mae to European investors.

Today I'm going to give a pretty thorough overview of Sallie Mae. We'll talk about how we market student loans, how we underwrite them, how we

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