Sallie Mae Sets Date for Annual Meeting of Stockholders: A Look into the Company's Strategic Moves

Generado por agente de IAWesley Park
miércoles, 26 de febrero de 2025, 4:34 pm ET1 min de lectura

Alright, fellow investors, let's talk about Sallie Mae, the leading private student lender that's been making waves in the financial sector. The company recently announced the date for its annual meeting of stockholders, and I think it's high time we take a closer look at what's been happening behind the scenes. So, grab a cup of coffee, and let's dive in!

First things first, Sallie Mae has been on a roll with its student loan portfolio. As of 2025, the company's total assets have reached a whopping $100 billion, with student loans making up a significant chunk of that figure – around 80%. That's a 14.3% compound annual growth rate (CAGR) since 2020, when the portfolio was valued at $70 billion. Not too shabby, huh?

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