Rising Loan Originations Aid Sallie Mae Despite High Costs

Sallie Mae’s (SLM) growth in average loan balance has been supporting NII. Strategic inorganic growth moves will expand its operations and diversify revenue streams. Lower liquidity and rising expenses are a concern.Shares of Sallie Mae have increased 54.8% compared with the industry growth of 43.9% in the past year. Its 2024 earnings estimate has revised upward in the past 60 days.Image Source: Zacks Investment ResearchFactors Driving Salie Mae StockThe company is a dominant player in every phase of the st ...