SLM Corporation (SLM)
NASDAQ: SLM · Real-Time Price · USD
23.43
0.00 (0.00%)
At close: Apr 28, 2026, 4:00 PM EDT
23.74
+0.31 (1.32%)
After-hours: Apr 28, 2026, 4:48 PM EDT
SLM Corporation Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2016 |
| Interest and Dividend Income | 2,620 | 2,627 | 2,619 | 2,592 | 2,032 | 1,777 | Upgrade
|
| Total Interest Expense | 1,118 | 1,125 | 1,138 | 1,030 | 542.8 | 381.93 | Upgrade
|
| Net Interest Income | 1,502 | 1,502 | 1,481 | 1,562 | 1,489 | 1,395 | Upgrade
|
| Gain (Loss) on Sale of Loans & Receivables | 327.46 | 368.88 | 254.93 | 160.29 | 327.75 | 548.32 | Upgrade
|
| Gain (Loss) on Sale of Investments | -1.82 | -9.8 | 0.47 | 2.68 | -60.27 | 39.1 | Upgrade
|
| Other Revenue | 135.46 | 123.48 | 112.87 | 84.15 | 67.16 | 44.89 | Upgrade
|
| Revenue Before Loan Losses | 1,963 | 1,984 | 1,849 | 1,809 | 1,823 | 2,027 | Upgrade
|
| Provision for Loan Losses | 297.94 | 332.69 | 408.52 | 345.46 | 633.45 | -32.96 | Upgrade
|
| Revenue | 1,665 | 1,652 | 1,441 | 1,464 | 1,190 | 2,060 | Upgrade
|
| Revenue Growth (YoY) | 14.93% | 14.66% | -1.59% | 23.02% | -42.24% | 19.89% | Upgrade
|
| Salaries & Employee Benefits | 358.43 | 345.81 | 349.39 | 326.55 | 270.35 | 258.32 | Upgrade
|
| Cost of Services Provided | 26.33 | 34.29 | 51.61 | 45.77 | 20.94 | 23.37 | Upgrade
|
| Other Operating Expenses | 287.6 | 275.48 | 235.58 | 245.93 | 257.57 | 236.96 | Upgrade
|
| Total Operating Expenses | 675.64 | 659.14 | 641.9 | 684.62 | 556.64 | 518.65 | Upgrade
|
| Operating Income | 989.8 | 992.56 | 798.64 | 779.25 | 633.33 | 1,542 | Upgrade
|
| EBT Excluding Unusual Items | 989.8 | 992.56 | 798.64 | 779.25 | 633.33 | 1,542 | Upgrade
|
| Restructuring Charges | - | - | - | - | - | -1.26 | Upgrade
|
| Pretax Income | 989.8 | 992.56 | 798.64 | 778.3 | 630.73 | 1,540 | Upgrade
|
| Income Tax Expense | 241.54 | 247.72 | 190.31 | 196.91 | 161.71 | 379.75 | Upgrade
|
| Net Income | 748.26 | 744.85 | 608.33 | 581.39 | 469.01 | 1,161 | Upgrade
|
| Preferred Dividends & Other Adjustments | 15.32 | 15.73 | 18.3 | 17.71 | 9.03 | 4.74 | Upgrade
|
| Net Income to Common | 732.94 | 729.12 | 590.03 | 563.69 | 459.99 | 1,156 | Upgrade
|
| Net Income Growth | 20.12% | 22.44% | 4.63% | 23.96% | -59.59% | 31.77% | Upgrade
|
| Shares Outstanding (Basic) | 203 | 207 | 216 | 231 | 258 | 315 | Upgrade
|
| Shares Outstanding (Diluted) | 207 | 211 | 220 | 234 | 262 | 320 | Upgrade
|
| Shares Change (YoY) | -5.09% | -4.10% | -6.04% | -10.49% | -18.26% | -17.38% | Upgrade
|
| EPS (Basic) | 3.60 | 3.52 | 2.73 | 2.44 | 1.78 | 3.67 | Upgrade
|
| EPS (Diluted) | 3.55 | 3.46 | 2.68 | 2.41 | 1.76 | 3.61 | Upgrade
|
| EPS Growth | 27.51% | 29.10% | 11.20% | 36.93% | -51.25% | 60.44% | Upgrade
|
| Dividend Per Share | 0.520 | 0.520 | 0.460 | 0.440 | 0.440 | 0.200 | Upgrade
|
| Dividend Growth | 8.33% | 13.04% | 4.54% | - | 120.00% | 66.67% | Upgrade
|
| Operating Margin | 59.43% | 60.09% | 55.44% | 53.23% | 53.22% | 74.83% | Upgrade
|
| Profit Margin | 44.01% | 44.14% | 40.96% | 38.51% | 38.66% | 56.10% | Upgrade
|
| Effective Tax Rate | 24.40% | 24.96% | 23.83% | 25.30% | 25.64% | 24.65% | Upgrade
|
Source: S&P Capital IQ. Financial Services template. Financial Sources.