Slm Corporation · NASDAQ:SLM
Slm — Shareholder Meeting (October 2007)
8 slides from Slm's shareholder meeting presentation, Oct 11, 2007
Slide 1: Shareholder Meeting October 11, 2007
Shareholder Meeting October 11, 2007
Slide 2: Forward-looking statements
This presentation contains forward-looking statements and information that are based on management's current expectations as of the date of this document. When used in this report,the words "anticipate," "believe," "estimate," "intend" and "expect" and similar expressions are intended to identify fo
Slide 3: Non-GAAP Financial Measures and Additional Information
Non-GAAP Financial Measures - The following presentation includes non-GAAP performance measures. A presentation of the most comparable GAAP financial measures and a reconciliation of the non-GAAP performance measures to the most directly comparable GAAP financial measures are included in the our mos
Slide 4: Q3 Core Earnings Results Show Foundation for Future Growth
EPS $.70 before non-recurring items and merger-related costs FFELP Origination Volume Increased 15% in Q3 07 Future growth both organic and market share driven Portfolio consolidations down nearly 50% 2008 FFELP growth mid to high teens vs. current ytd of 10% Private Lending Not-for-profit undergrad
Slide 5: Q3 Core Earnings Results Show Foundation for Future Growth (cont.)
Q3 Core Earnings Results Show Foundation for Future Growth (cont.) Student Loan Margin Student loan spread remained stable at 1.81%1 Private spread of 5.43% 2008 student loan spread in high 170's to low 180's Fee Income Record portfolio purchases in the quarter APG is poised to take advantage of cre
Slide 6: Legislation and Market Disruption Will Lead to Market Share Gains
Legislation and Market Disruption Will Lead to Market Share Gains Price competition is neutralized Competitors will exit as a result of lower margins FFELP/DL cost debate ends Scale and depth uniquely positions SLM for future growth
Slide 7: Demonstrated Ability to Grow Market Share
Demonstrated Ability to Grow Market Share Federal Student Loan Originations Federal Student Loan Originations Federal Student Loan Originations Federal Student Loan Originations Federal Student Loan Originations Federal Student Loan Originations Rank Lender 2006 Market Share 2003 Market Share 2000 M
Slide 8: GAAP to Core Earnings EPS Reconciliation
GAAP to Core Earnings EPS Reconciliation