Sallie Mae Bank
Major Rating Factors:
A current level of 17.4 percent of nonperforming loans to core capital combined with 14.4 percent from a year earlier contributes to the Weak asset quality (1.4). Operating profits as a percentage of assets at 3.8%, coupled with a return on assets of 2.9 has resulted in Excellent (8.3) profitability.
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to an Excellent overall stability index (10.0 on a scale of 0 to 10). Excellent current capitalization (8.8 on a scale of 0 to 10) based on a risk-based capital ratio of 12.8 and a capital leverage ratio of 10.2.
Asset Mix:
Consumer loans (77%), cash (14%), securities (6%), other (4%)
States with Branches:
UT
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
SLM Corporation
Investment Rating
--
Address
175 South West Temple
Salt Lake City, UT 84101
Salt Lake City, UT 84101
Phone Number
(801) 320-3700
Year Founded
2005
FDIC Number
Website
Largest Affiliates
No affiliate information available.