Sallie Mae - About the company
Sallie Mae is a public company based in Newark (United States), founded in 1972. It operates as a Commercial Bank. The company has 7106 active competitors, including 198 funded and 1447 that have exited. Its top competitors include companies like Truist, Citi and KeyBank.
Company Details
In 2014 the company recorded annual revenues of $6.26B, and a net profit of $1.41B.
- Website
- www.salliemae.com/
- Email ID
- *****@banking.salliemae.com
- Registered Address
- Newark, Delaware
Key Metrics
Founded Year
1972
Location
Newark, United States
Stage
Public
Ranked
40th among 7106 active competitors
Employee Count
3,192 as on Sep 30, 2026
Similar Companies
Exit Details
Public
Legal entities associated with Sallie Mae
Sallie Mae is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
SLM CORPORATION CIN: 32057213699 , United States, Active | - | - | - | |
SLM CORPORATION CIN: 522013874 , Belgium, Active | Dec 26, 999 | - | 1740 (As on Dec 31, 2023) | - |
Sallie Mae's IPO details
Sallie Mae got listed on Mar 16, 2014.
Click here to take a look at Sallie Mae's IPO in detail
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Sallie Mae's funding and investors
Sallie Mae is a funded company.
Sallie Mae's founders and board of directors
Founder? Claim ProfileSallie Mae's employee count trend
Sallie Mae has 3,192 employees as of Sep 26. Here is Sallie Mae's employee count trend over the years:
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Sallie Mae's Competitors and alternates
Top competitors of Sallie Mae include Truist, Citi and KeyBank. Here is the list of Top 10 competitors of Sallie Mae, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Truist 1872, Charlotte (United States), Acquired | Commercial Bank that also provides other wealth management services | $900K | 78/100 | |
2nd | Citi 1812, New York City (United States), Public | Provider of financial services including banking, markets, international, and wealth management | - | 78/100 | |
3rd | KeyBank 1849, Cleveland (United States), Public | Provider of personal banking, small business, and wealth management services | - | 77/100 | |
4th | Bank of America 1998, Charlotte (United States), Public | Commercial bank and asset management firm | - | 76/100 | |
5th | United Bank for Africa 1949, Lagos (Nigeria), Public | Commercial bank | $7M | 75/100 | |
6th | Capital One 1988, Mclean (United States), Public | Provider of loans, credit cards, and savings services | - | 75/100 | |
7th | Huntington National Bank 1866, Shelton (United States), Public | Commercial bank | - | 74/100 | |
8th | First National Bank 1864, Pittsburgh (United States), Public | Commercial bank | $56.3M | 74/100 | |
9th | Charles Schwab 1971, El Paso (United States), Public | Commercial bank | - | 73/100 | |
10th | United Community Bank 1950, Blairsville (United States), Acquired | Provider of personal and business banking, mortgage, and wealth management services | $490M | 73/100 | |
40th | Sallie Mae 1972, Newark (United States), Public | Commercial Bank | - | - | 67/100 |
Looking for more details on Sallie Mae's competitors? Click here to see the top ones
Sallie Mae's Investments and acquisitions
Sallie Mae has made 4 investments in companies including Deserve and Deserve. Sallie Mae has also acquired 2 companies including Nitro and Pioneer.Here is the list of investments & acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jan 26, 2022 | Acquisition | 2016 | Wilmington (United States) | |
Oct 27, 2021 | Investments | 2013 | Murray (United States) | |
Jun 24, 2021 | Investments | 2013 | Murray (United States) |
Reports related to Sallie Mae
Here is the latest report on Sallie Mae's sector:
News related to Sallie Mae
Media has covered Sallie Mae for a total of 18 events in the last 1 year, 3 of them have been about company updates and 2 about partnerships.
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SLM Corporation Investigation Notice: Levi & Korsinsky Notifies Investors of Pending Investigation Into SLM Corporation (SLM)PR Newswire•Oct 24, 2026•Sallie Mae
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Sallie Mae GAAP EPS of -$0.19 misses by $0.39, revenue of $375M beats by $13.52M (NASDAQ:SLM)Seeking Alpha•Oct 22, 2026•Sallie Mae
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Bronstein, Gewirtz & Grossman, LLC Is Investigating LENZ Therapeutics, Inc. (LENZ) And Encourages Shareholders to ConnectAccess Newswire•Sep 08, 2026•Bronstein, Gewirtz & Grossman, Sallie Mae, Via, Fiserv and 1 other
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Sallie Mae GAAP EPS of $0.29 misses by $0.15, revenue of $401M beats by $52.79M (NASDAQ:SLM)Seeking Alpha•Jul 23, 2026•Sallie Mae
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Sallie Mae Selects Nova Credit's Income Navigator for Income VerificationGlobal Fintech Series•Jul 01, 2026•Nova Credit, Sallie Mae
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Sallie Launches Backpack Media, an Education-Powered Media NetworkBusiness Wire•Mar 04, 2026•Sallie Mae
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