$SLM Corp (SLM.US)$🎯 2023.8.21 The current price is 14.2, a...

New data: 2023Q1 and Q2

Revenue shrank by 6% in the first half of 2023, with net interest income increasing by 7.3%. Non-interest income decreased due to reduced income from asset sales, and non-interest expenses also increased quite a bit, causing net profit to shrink by 18.5%.

Total assets contracted in the first half of 2023, mainly due to a decline in customer deposits.

Currently, the price-earnings ratio is 8.1, and the price-earnings ratio has increased to 8.9. If the annual net profit shrinks by 18.5%, the price-earnings ratio will increase to 9.9. If the 5-year average net profit of 690 million yuan is calculated, the price-earnings ratio is 4.7, and the dividend ratio is 3.1%, so you can choose carefully (⭐️)