SLM Corporation (SLM)
NASDAQ: SLM · Real-Time Price · USD
25.19
-0.23 (-0.90%)
Jul 28, 2026, 4:00 PM EDT - Market closed
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 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Net Interest Income | 1,458 | 1,502 | 1,481 | 1,562 | 1,489 | 1,395 |
Net Interest Income Growth | -1.03% | 1.42% | -5.21% | 4.93% | 6.74% | -5.76% |
Non-Interest Income | 502.61 | 482.57 | 368.27 | 247.12 | 334.64 | 632.45 |
Non-Interest Income Growth | 76.28% | 31.04% | 49.03% | -26.15% | -47.09% | 90.81% |
Revenues Before Loan Losses | 1,961 | 1,984 | 1,849 | 1,809 | 1,823 | 2,027 |
Provision for Credit Losses | 274.88 | 332.69 | 408.52 | 345.46 | 633.45 | -32.96 |
| 1,686 | 1,652 | 1,441 | 1,464 | 1,190 | 2,060 | |
Revenue Growth | 39.70% | 14.66% | -1.59% | 23.02% | -42.24% | 19.89% |
Compensation Expenses | 373.78 | 345.81 | 349.39 | 326.55 | 270.35 | 258.32 |
Selling, General & Admin | 21.69 | 34.29 | 51.61 | 45.77 | 20.94 | 23.37 |
Other Non-Interest Expenses | 307.9 | 279.04 | 240.91 | 313.25 | 267.95 | 238.22 |
Total Non-Interest Expense | 703.37 | 659.14 | 641.9 | 685.57 | 559.24 | 519.91 |
Pretax Income | 982.62 | 992.56 | 798.64 | 778.3 | 630.73 | 1,540 |
Provision for Income Taxes | 247.11 | 247.72 | 190.31 | 196.91 | 161.71 | 379.75 |
Net Income | 735.51 | 744.85 | 608.33 | 581.39 | 469.01 | 1,161 |
Net Income Attributable to Preferred Dividends | 14.93 | 15.73 | 18.3 | 17.71 | 9.03 | 4.74 |
Net Income to Common | 720.58 | 729.12 | 590.03 | 563.69 | 459.99 | 1,156 |
Net Income Growth | 69.44% | 23.57% | 4.67% | 22.54% | -60.20% | 32.70% |
Shares Outstanding (Basic) | 199 | 207 | 216 | 231 | 258 | 315 |
Shares Outstanding (Diluted) | 201 | 211 | 220 | 234 | 262 | 320 |
Shares Change | -6.29% | -4.10% | -6.04% | -10.49% | -18.26% | -17.38% |
EPS (Basic) | 3.62 | 3.52 | 2.73 | 2.44 | 1.78 | 3.67 |
EPS (Diluted) | 3.58 | 3.46 | 2.68 | 2.41 | 1.76 | 3.61 |
EPS Growth | 79.90% | 29.10% | 11.20% | 36.93% | -51.25% | 60.44% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | -324.6 | -398.58 | -329.4 | -144.64 | 4.99 | -49.52 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Per Share | -1.61 | -1.89 | -1.50 | -0.62 | 0.02 | -0.15 |
Dividends Per Share | 0.520 | 0.520 | 0.460 | 0.440 | 0.440 | 0.200 |
Dividend Growth | 4.00% | 13.04% | 4.54% | 0% | 120.00% | 66.67% |
Gross Margin | 70.19% | 70.78% | 74.44% | 83.12% | 71.88% | 69.30% |
Profit Margin | 43.62% | 45.10% | 42.23% | 39.72% | 39.41% | 56.33% |
FCF Margin | -19.25% | -24.13% | -22.87% | -9.88% | 0.42% | -2.40% |
Effective Tax Rate | 25.15% | 24.96% | 23.83% | 25.30% | 25.64% | 24.65% |