SLM Quarterly Income Statements Chart
Quarterly
|
Annual
SLM Quarterly Income Statements Table
Quarterly
|
Annual
| Unit: USD | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2011-06-30 | 2011-03-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2005-12-31 | 2005-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| interest income: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| loans | 597,609,000 | 598,767,000 | 587,426,000 | 565,046,000 | 565,338,000 | 596,607,000 | 595,537,000 | 581,080,000 | 568,342,000 | 582,784,000 | 527,143,000 | 483,327,000 | 446,040,000 | 458,044,000 | 452,466,000 | 442,576,000 | 430,099,000 | 431,804,000 | 475,725,000 | 477,833,000 | 480,170,000 | 555,277,000 | 577,087,000 | 564,698,000 | 553,905,000 | 553,479,000 | 524,597,000 | 485,997,000 | 454,045,000 | 430,048,000 | 392,399,000 | 359,610,000 | 324,757,000 | 295,241,000 | 268,341,000 | ||||||||||||||||||||||
| investments | 13,710,000 | 14,746,000 | 15,467,000 | 16,299,000 | 15,139,000 | 14,507,000 | 14,174,000 | 13,268,000 | 12,037,000 | 11,331,000 | 11,052,000 | 10,260,000 | 8,513,000 | 5,479,000 | 4,597,000 | 3,366,000 | 3,168,000 | 2,728,000 | 2,657,000 | 3,327,000 | 2,489,000 | 2,517,000 | 2,335,000 | 2,145,000 | 1,706,000 | 1,421,000 | 1,181,000 | 1,340,000 | 1,694,000 | 1,947,000 | 2,016,000 | 1,928,000 | 2,143,000 | 2,005,000 | 2,193,000 | ||||||||||||||||||||||
| cash and cash equivalents | 45,440,000 | 42,577,000 | 58,480,000 | 71,294,000 | 60,999,000 | 52,444,000 | 58,839,000 | 57,902,000 | 53,526,000 | 43,483,000 | 45,405,000 | 26,324,000 | 8,478,000 | 1,515,000 | 1,378,000 | 1,613,000 | 1,423,000 | 1,626,000 | 1,173,000 | 1,218,000 | 2,136,000 | 17,139,000 | 21,044,000 | 23,548,000 | 18,111,000 | 11,553,000 | 12,435,000 | 10,260,000 | 6,572,000 | 5,236,000 | 5,081,000 | 4,686,000 | 2,588,000 | 2,767,000 | 2,003,000 | ||||||||||||||||||||||
| total interest income | 656,759,000 | 656,090,000 | 661,373,000 | 652,639,000 | 641,476,000 | 663,558,000 | 668,550,000 | 652,250,000 | 633,905,000 | 637,598,000 | 583,600,000 | 519,911,000 | 463,031,000 | 465,038,000 | 458,441,000 | 447,555,000 | 434,690,000 | 436,158,000 | 479,555,000 | 482,378,000 | 484,795,000 | 574,933,000 | 600,466,000 | 590,391,000 | 573,722,000 | 566,453,000 | 538,213,000 | 497,597,000 | 462,311,000 | 437,231,000 | 399,496,000 | 366,224,000 | 329,488,000 | 300,013,000 | 272,537,000 | 1,460,000,000 | 1,492,000,000 | 1,510,533,000 | 1,464,855,000 | 1,385,861,000 | -3,639,057,635 | 1,199,046,000 | 1,203,160,000 | 1,241,610,000 | 1,740,081,000 | 1,869,282,000 | 1,768,461 | 1,891,814 | 2,311,113,000 | 2,321,121,000 | 2,095,882,000 | 1,945,906,000 | 1,834,703,000 | 1,701,092,000 | 1,560,872,000 | 227,743,000 | 910,972,000 |
| interest expense: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| deposits | 201,478,000 | 204,139,000 | 223,976,000 | 225,749,000 | 211,286,000 | 220,445,000 | 223,206,000 | 209,921,000 | 191,407,000 | 183,531,000 | 153,441,000 | 105,468,000 | 60,468,000 | 49,537,000 | 49,887,000 | 51,629,000 | 57,256,000 | 66,598,000 | 74,336,000 | 83,500,000 | 100,246,000 | 135,112,000 | 141,769,000 | 143,393,000 | 136,597,000 | 125,987,000 | 116,195,000 | 105,093,000 | 90,605,000 | 77,456,000 | 66,218,000 | 61,890,000 | 44,852,000 | 40,775,000 | 38,210,000 | ||||||||||||||||||||||
| interest expense on short-term borrowings | 3,613,000 | 3,401,000 | 3,476,000 | 3,467,000 | 3,310,000 | 3,562,000 | 3,608,000 | 3,576,000 | 3,299,000 | 3,018,000 | 3,054,000 | 3,054,000 | 2,973,000 | 2,875,000 | 4,585,000 | 5,458,000 | 5,700,000 | 3,202,000 | 3,418,000 | 3,424,000 | 3,399,000 | 4,217,000 | 2,493,000 | 1,400,000 | 1,135,000 | 1,165,000 | 1,156,000 | 1,156,000 | 1,128,000 | 2,393,000 | 2,107,000 | 1,804,000 | 1,236,000 | 1,495,000 | 1,604,000 | ||||||||||||||||||||||
| interest expense on long-term borrowings | 74,848,000 | 73,580,000 | 71,730,000 | 64,020,000 | 54,708,000 | 52,535,000 | 55,850,000 | 54,125,000 | 52,568,000 | 45,981,000 | 45,674,000 | 41,879,000 | 36,782,000 | 37,594,000 | 36,619,000 | 32,950,000 | 32,950,000 | 35,244,000 | 35,264,000 | 30,887,000 | 32,375,000 | 35,488,000 | 37,103,000 | 40,533,000 | 39,122,000 | 37,020,000 | 37,995,000 | 34,715,000 | 29,628,000 | 24,768,000 | 21,980,000 | 20,469,000 | 15,323,000 | 12,309,000 | 9,448,000 | ||||||||||||||||||||||
| total interest expense | 279,939,000 | 281,120,000 | 299,182,000 | 293,236,000 | 269,304,000 | 276,542,000 | 282,664,000 | 267,622,000 | 247,274,000 | 232,530,000 | 202,169,000 | 150,401,000 | 100,223,000 | 90,006,000 | 91,091,000 | 90,037,000 | 95,906,000 | 105,044,000 | 113,018,000 | 117,811,000 | 136,020,000 | 174,817,000 | 181,365,000 | 185,326,000 | 176,854,000 | 164,172,000 | 155,346,000 | 140,964,000 | 121,361,000 | 104,617,000 | 90,305,000 | 84,163,000 | 61,412,000 | 54,579,000 | 49,262,000 | 592,000,000 | 594,000,000 | 638,599,000 | 568,933,000 | 531,384,000 | -2,516,840,361 | 673,870,000 | 819,459,000 | 1,026,547,000 | 1,529,522,000 | 1,394,533,000 | 1,365,918 | 1,615,445 | 1,976,642,000 | 1,879,811,000 | 1,697,229,000 | 1,532,090,000 | 1,462,733,000 | 1,363,271,000 | 1,204,067,000 | 141,053,000 | 564,212,000 |
| net interest income | 376,820,000 | 374,970,000 | 362,191,000 | 359,403,000 | 372,172,000 | 387,016,000 | 385,886,000 | 384,628,000 | 386,631,000 | 405,068,000 | 381,431,000 | 369,510,000 | 362,808,000 | 375,032,000 | 367,350,000 | 357,518,000 | 338,784,000 | 331,114,000 | 366,537,000 | 364,567,000 | 348,775,000 | 400,116,000 | 419,101,000 | 405,065,000 | 396,868,000 | 402,281,000 | 382,867,000 | 356,633,000 | 340,950,000 | 332,614,000 | 309,191,000 | 282,061,000 | 268,076,000 | 245,434,000 | 223,275,000 | 868,000,000 | 898,000,000 | 871,934,000 | 895,922,000 | 854,477,000 | -1,122,217,274 | 525,176,000 | 383,701,000 | 215,063,000 | 210,559,000 | 474,749,000 | 402,543 | 276,369 | 334,471,000 | 441,310,000 | 398,653,000 | 413,816,000 | 371,970,000 | 337,821,000 | 356,805,000 | -346,744,788 | 346,760,000 |
| less: provisions for credit losses | 148,718,000 | 23,286,000 | 108,179,000 | 271,465,000 | 16,830,000 | 12,041,000 | 15,599,000 | 198,023,000 | 17,729,000 | 114,112,000 | 297,260,000 | 207,598,000 | 30,545,000 | 98,050,000 | -15,309,000 | 138,442,000 | 69,677,000 | -225,767,000 | -316,372,000 | -3,640,000 | 351,887,000 | 61,258,000 | 97,558,000 | 99,526,000 | 93,375,000 | 63,790,000 | 57,619,000 | 70,047,000 | 63,267,000 | 53,931,000 | 55,324,000 | 54,930,000 | 25,296,000 | 43,226,000 | 41,784,000 | ||||||||||||||||||||||
| net interest income after provisions for credit losses | 228,102,000 | 351,684,000 | 254,012,000 | 87,938,000 | 355,342,000 | 374,975,000 | 370,287,000 | 186,605,000 | 368,902,000 | 290,956,000 | 84,171,000 | 161,912,000 | 332,263,000 | 276,982,000 | 382,659,000 | 219,076,000 | 269,107,000 | 556,881,000 | 682,909,000 | 368,207,000 | -3,112,000 | 338,858,000 | 321,543,000 | 305,539,000 | 303,493,000 | 338,491,000 | 325,248,000 | 286,586,000 | 277,683,000 | 278,683,000 | 253,867,000 | 227,131,000 | 242,780,000 | 202,208,000 | 181,491,000 | ||||||||||||||||||||||
| non-interest income: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| gains on sales of loans | -13,000 | 187,735,000 | -9,000 | -31,000 | 111,929,000 | 143,039,000 | 35,550,000 | -5,000 | 124,754,000 | -9,000 | 2,894,000 | 74,978,000 | 239,997,000 | 9,881,000 | 145,535,000 | -10,000 | 3,679,000 | 399,111,000 | -247,000 | -4,000 | -369,000 | 238,935,000 | 2,060,000 | ||||||||||||||||||||||||||||||||||
| gains on securities | -2,641,000 | -10,378,000 | 82,000 | -3,836,000 | 2,103,000 | 2,118,000 | 690,000 | 1,490,000 | -1,213,000 | 1,711,000 | |||||||||||||||||||||||||||||||||||||||||||||||
| other income | 29,430,000 | 28,687,000 | 27,709,000 | 28,390,000 | 27,773,000 | 29,001,000 | 20,873,000 | 22,753,000 | 20,513,000 | 20,009,000 | 16,730,000 | 20,125,000 | 18,256,000 | 12,049,000 | 7,243,000 | 13,879,000 | 48,580,000 | 14,288,000 | 1,043,000 | 9,646,000 | 25,412,000 | 7,487,000 | -211,000 | 15,280,000 | 2,655,000 | 13,378,000 | 6,446,000 | -80,702,000 | 12,295,000 | 9,642,000 | -21,066,000 | 4,455,000 | 11,346,000 | 13,235,000 | 21,598,000 | 3,000,000 | 22,000,000 | ||||||||||||||||||||
| total non-interest income | 26,776,000 | 206,044,000 | 27,782,000 | 24,523,000 | 141,805,000 | 174,158,000 | 57,113,000 | 24,238,000 | 144,054,000 | 21,711,000 | -40,643,000 | 95,103,000 | 258,253,000 | 21,925,000 | 152,761,000 | 13,913,000 | 52,348,000 | 413,427,000 | 932,000 | 9,627,000 | 28,794,000 | 292,094,000 | -3,846,000 | 17,241,000 | 19,391,000 | 16,141,000 | 12,684,000 | -85,651,000 | 7,538,000 | 13,534,000 | -22,006,000 | 6,116,000 | 5,968,000 | 9,351,000 | 22,966,000 | ||||||||||||||||||||||
| non-interest expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| operating expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| compensation and benefits | 84,900,000 | 90,830,000 | 80,084,000 | 87,566,000 | 85,261,000 | 96,476,000 | 77,095,000 | 83,577,000 | 78,233,000 | 87,649,000 | 67,359,000 | 65,003,000 | 66,011,000 | 71,981,000 | 57,895,000 | 66,229,000 | 62,616,000 | 71,581,000 | 63,084,000 | 62,743,000 | 72,448,000 | 84,222,000 | 68,016,000 | 64,980,000 | 66,495,000 | 78,738,000 | 61,524,000 | 62,260,000 | 60,245,000 | 68,317,000 | 55,796,000 | 51,052,000 | 55,464,000 | 45,337,000 | 43,380,000 | ||||||||||||||||||||||
| fdic assessment fees | 9,782,000 | 12,403,000 | 13,594,000 | 12,973,000 | 11,727,000 | 13,312,000 | 12,103,000 | 12,283,000 | 9,851,000 | 11,529,000 | 9,438,000 | 4,592,000 | 1,225,000 | 5,684,000 | 5,734,000 | 6,521,000 | 5,925,000 | 5,188,000 | 4,448,000 | 1,455,000 | 7,163,000 | 8,890,000 | 9,064,000 | 8,814,000 | 7,356,000 | 7,618,000 | 6,853,000 | 9,136,000 | 8,001,000 | 8,796,000 | 7,473,000 | 7,626,000 | 7,229,000 | 5,661,000 | 5,095,000 | ||||||||||||||||||||||
| other operating expenses | 71,664,000 | 50,355,000 | 54,455,000 | 70,259,000 | 60,218,000 | 50,645,000 | 53,903,000 | 71,542,000 | 66,080,000 | 55,361,000 | 60,965,000 | 80,369,000 | 64,494,000 | 54,341,000 | 61,866,000 | 67,899,000 | 59,469,000 | 47,730,000 | 54,211,000 | 63,292,000 | 61,946,000 | 54,186,000 | 64,599,000 | 79,827,000 | 64,955,000 | 53,791,000 | 77,870,000 | 79,236,000 | 66,977,000 | 47,761,000 | 55,281,000 | 57,464,000 | 39,984,000 | 47,038,000 | 51,234,000 | 180,120,000 | 206,287,000 | 177,635,000 | -515,806,831 | 176,185,000 | 175,766,000 | 164,562,000 | 175,272,000 | 209,744,000 | 185,900 | 175,919 | |||||||||||
| total operating expenses | 166,346,000 | 153,588,000 | 148,133,000 | 170,798,000 | 157,206,000 | 160,433,000 | 143,101,000 | 167,402,000 | 154,164,000 | 154,539,000 | 137,762,000 | 149,964,000 | 131,730,000 | 132,006,000 | 125,495,000 | 140,649,000 | 128,010,000 | 124,499,000 | 121,743,000 | 127,490,000 | 102,682,250 | 150,632,000 | 135,223,000 | 124,874,000 | 118,550,000 | 116,142,000 | 102,677,000 | 98,036,000 | 99,709,000 | 440,974,000 | 355,899,000 | 398,800,000 | 356,174,000 | 352,747,000 | 353,494,000 | 316,602,000 | 65,572,750 | 262,291,000 | |||||||||||||||||||
| acquired intangible assets amortization expense | 898,000 | 1,021,000 | 958,500 | 1,225,000 | 1,394,000 | 1,215,000 | 1,837,750 | 2,834,000 | 2,245,000 | 2,272,000 | 2,301,000 | 2,328,000 | 2,417,000 | 733,000 | |||||||||||||||||||||||||||||||||||||||||||
| total non-interest expenses | 167,244,000 | 154,609,000 | 149,628,000 | 172,023,000 | 158,600,000 | 161,648,000 | 202,114,000 | 170,236,000 | 156,409,000 | 156,811,000 | 140,063,000 | 152,292,000 | 134,147,000 | 132,739,000 | 125,495,000 | 140,757,000 | 128,080,000 | 125,576,000 | 123,831,000 | 151,617,000 | 141,557,000 | 147,298,000 | 141,679,000 | 153,621,000 | 138,806,000 | 140,147,000 | 145,971,000 | 150,724,000 | 135,315,000 | 124,966,000 | 118,668,000 | 116,259,000 | 102,794,000 | 98,195,000 | 99,935,000 | ||||||||||||||||||||||
| income before income tax expense | 87,634,000 | 403,119,000 | 338,547,000 | 387,485,000 | 225,286,000 | 40,607,000 | 356,547,000 | 155,856,000 | -96,535,000 | 104,723,000 | 456,369,000 | 166,168,000 | 409,925,000 | 92,232,000 | 844,732,000 | 560,010,000 | 226,217,000 | 483,654,000 | 184,078,000 | 214,485,000 | 149,906,000 | 167,251,000 | 113,193,000 | 116,988,000 | 145,954,000 | 113,364,000 | 104,522,000 | ||||||||||||||||||||||||||||||
| income tax expense | 16,362,000 | 98,579,000 | 86,554,000 | 97,554,000 | 56,843,000 | 11,242,000 | 91,482,000 | 37,338,000 | -19,492,000 | 29,551,000 | 114,296,000 | 37,356,000 | 103,660,000 | 19,392,000 | 203,525,000 | 127,310,000 | 55,189,000 | 121,481,000 | 33,801,000 | 56,296,000 | 40,074,000 | 40,997,000 | 66,190,000 | 40,617,000 | 51,011,000 | 43,122,000 | 47,557,000 | 99,000,000 | 153,074 | ||||||||||||||||||||||||||||
| net income | 71,272,000 | 304,540,000 | 111,553,000 | -45,152,000 | 251,993,000 | 289,931,000 | 168,443,000 | 29,365,000 | 265,065,000 | 118,518,000 | -77,043,000 | 75,172,000 | 342,073,000 | 128,812,000 | 306,265,000 | 72,840,000 | 140,201,000 | 641,207,000 | 432,700,000 | 171,028,000 | -85,211,000 | 362,173,000 | 141,352,000 | 128,458,000 | 150,277,000 | 158,189,000 | 147,512,000 | 103,878,000 | 109,832,000 | 126,254,000 | 47,003,000 | 76,371,000 | 94,943,000 | 70,242,000 | 56,965,000 | -6,000,000 | 175,000,000 | -494,886,000 | 337,951,000 | 240,280,000 | -15,369,015 | 159,308,000 | -122,509,000 | -21,105,000 | -216,017,000 | -158,541,000 | 265,736 | -103,804 | -1,635,258,000 | -343,760,000 | 966,471,000 | 116,153,000 | 18,105,000 | 263,472,000 | 723,778,000 | 55,846,000 | 223,384,000 |
| yoy | -71.72% | 5.04% | -33.77% | -253.76% | -4.93% | 144.63% | -318.64% | -60.94% | -22.51% | -7.99% | -125.16% | 3.20% | 143.99% | -79.91% | -29.22% | -57.41% | -264.53% | 77.04% | 206.12% | 33.14% | -156.70% | 128.95% | -4.18% | 23.66% | 36.82% | 25.29% | 213.84% | 36.02% | 15.68% | 79.74% | -17.49% | -1372.85% | -45.75% | -114.19% | -83.14% | -102.50% | -1238.65% | -410.65% | -375.86% | -1238.50% | -92.89% | -200.48% | -46201.77% | 20231.59% | -86.79% | -53.88% | -99.97% | -100.09% | -9132.08% | -230.47% | 33.53% | 107.99% | -91.90% | ||||
| qoq | -76.60% | 173.00% | -347.06% | -117.92% | -13.09% | 72.12% | 473.62% | -88.92% | 123.65% | -253.83% | -202.49% | -78.02% | 165.56% | -57.94% | 320.46% | -48.05% | -78.13% | 48.19% | 153.00% | -300.71% | -123.53% | 156.22% | 10.04% | -14.52% | -5.00% | 7.24% | 42.01% | -5.42% | -13.01% | 168.61% | -38.45% | -19.56% | 35.17% | 23.31% | -1049.42% | -103.43% | -135.36% | -246.44% | 40.65% | -1663.41% | -109.65% | -230.04% | 480.47% | -90.23% | 36.25% | -59761.09% | -356.00% | -99.99% | 375.70% | -135.57% | 732.07% | 541.55% | -93.13% | -63.60% | 1196.02% | -75.00% | |
| net income margin % | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| preferred stock dividends | 3,972,000 | 3,956,000 | 4,367,000 | 4,648,000 | 4,628,000 | 4,653,000 | 4,726,000 | 4,642,000 | 4,274,000 | 4,063,000 | 3,466,000 | 2,531,000 | 1,757,000 | 1,275,000 | 1,177,000 | 1,166,000 | 1,192,000 | 1,201,000 | 1,734,000 | 2,058,000 | 2,478,000 | 3,464,000 | 3,885,000 | 4,153,000 | 4,331,000 | 4,468,000 | 4,199,000 | 4,124,000 | 3,920,000 | 3,397,000 | 3,137,000 | 3,028,000 | 5,575,000 | 5,506,000 | 5,316,000 | 4,000,000 | 4,000,000 | 18,787,000 | 18,711,000 | 18,678,000 | -94,676,164 | 42,627,000 | 25,800,000 | 26,395,000 | 27,316,000 | 27,474,000 | 27,391 | 29,025 | 9,622,000 | 9,274,000 | 9,156,000 | 9,093,000 | 9,258,000 | 9,221,000 | 8,787,000 | -2,873,917 | 2,875,000 |
| net income attributable to slm corporation common stock | 67,300,000 | 300,584,000 | 107,186,000 | -49,800,000 | 247,365,000 | 285,278,000 | 163,717,000 | 24,723,000 | 260,791,000 | 114,455,000 | -80,509,000 | 72,641,000 | 340,316,000 | 127,537,000 | 305,088,000 | 71,674,000 | 139,009,000 | 640,006,000 | 430,966,000 | 168,970,000 | -87,689,000 | 358,709,000 | 137,467,000 | 124,305,000 | 145,946,000 | 153,721,000 | 143,313,000 | 99,754,000 | 105,912,000 | 122,857,000 | 43,866,000 | 73,343,000 | 89,368,000 | 64,736,000 | 51,649,000 | -513,734,000 | 319,107,000 | 221,462,000 | 79,996,302 | 116,483,000 | -148,520,000 | -47,781,000 | |||||||||||||||
| basic earnings per common share | 320 | 1,430 | 520 | -230 | 1,130 | 1,290 | 730 | 110 | 1,110 | 470 | -270 | 290 | 1,300 | 460 | -520 | -400 | 0.51 | -0.28 | -3,990 | -850 | 2,320 | 260 | 20 | 620 | 1,740 | 130 | 520 | ||||||||||||||||||||||||||||||
| average common shares outstanding | 209,282,000 | 210,682,000 | -1,839,000 | 214,873,000 | 218,924,000 | 220,416,000 | -2,759,000 | 226,120,000 | 235,061,000 | 241,497,000 | -4,659,000 | 251,266,000 | 261,333,000 | 276,977,000 | -9,155,000 | 299,890,000 | 312,183,000 | 361,042,000 | -2,882,000 | 375,094,000 | 375,009,000 | 409,786,000 | -2,003,000 | 424,149,000 | 429,278,000 | 434,574,000 | 179,000 | 435,468,000 | 435,187,000 | 433,952,000 | 258,000 | 431,718,000 | 429,891,000 | 165,000 | 428,077,000 | 484,936,000 | 484,832,000 | 484,259,000 | -467,489,142 | 470,280,000 | 466,799,000 | 466,761,000 | 17,000 | 466,646,000 | 466,649 | 466,580 | 275,000 | 412,944,000 | 411,870,000 | 411,040,000 | -407,000 | 410,034,000 | 410,957,000 | 105,231,000 | 420,924,000 | ||
| diluted earnings per common share | 320 | 1,400 | 500 | -230 | 1,110 | 1,270 | 720 | 110 | 1,100 | 470 | -270 | 290 | 1,290 | 450 | -520 | -400 | 0.5 | -0.28 | -3,950 | -850 | 1,030 | 260 | 70 | 600 | 1,520 | 122.5 | 490 | ||||||||||||||||||||||||||||||
| average common and common equivalent shares outstanding | 213,220,000 | 214,986,000 | -1,619,000 | 214,873,000 | 222,467,000 | 223,845,000 | -2,530,000 | 228,800,000 | 237,592,000 | 243,549,000 | -4,562,000 | 253,716,000 | 264,122,000 | 280,654,000 | -9,152,000 | 304,511,000 | 317,119,000 | 366,240,000 | -2,196,000 | 377,918,000 | 375,009,000 | 412,755,000 | -1,898,000 | 427,336,000 | 432,253,000 | 438,248,000 | 197,000 | 440,019,000 | 439,445,000 | 438,977,000 | 129,000 | 438,419,000 | 438,735,000 | 840,000 | 433,523,000 | 484,936,000 | 527,391,000 | 526,631,000 | -467,488,416 | 471,058,000 | 466,799,000 | 466,761,000 | 17,000 | 466,646,000 | 517,954 | 466,580 | -8,072,000 | 412,944,000 | 452,406,000 | 418,449,000 | -842,000 | 449,841,000 | 454,314,000 | 115,753,500 | 463,014,000 | ||
| declared dividends per common share | 130 | 130 | 130 | 110 | 110 | 110 | 110 | 110 | 110 | 110 | 110 | 110 | 110 | 110 | |||||||||||||||||||||||||||||||||||||||||||
| income before income tax benefit | 166,617,500 | -59,562,000 | 193,375,000 | -115,875,000 | 141,930,500 | 169,159,000 | -52,801,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| income tax benefit | 42,424,500 | -14,410,000 | 53,174,000 | -30,664,000 | 32,699,500 | 40,701,000 | -10,000,000 | -127,558,000 | 196,103,000 | 155,795,000 | 4,122,364 | 74,363,000 | -46,551,000 | -31,696,000 | -154,341,000 | -103,819,000 | -62,488 | ||||||||||||||||||||||||||||||||||||||||
| gains on derivatives and hedging activities | -5,000 | -17,000 | 44,000 | 89,000 | 28,000 | 3,751,000 | 45,672,000 | -3,635,000 | 1,961,000 | 16,736,000 | 2,763,000 | -1,581,250 | -4,949,000 | 3,892,000 | -940,000 | 1,661,000 | -4,114,000 | 1,368,000 | |||||||||||||||||||||||||||||||||||||||
| restructuring expenses | 108,000 | 70,000 | 1,077,000 | 2,088,000 | 24,127,000 | 2,000,000 | 4,000,000 | 11,082,000 | 17,666,000 | 26,282,000 | -12,781,233 | 3,592,000 | 4,430,000 | 4,773,000 | 5,849,000 | 10,508,000 | 46,740 | 20,678 | |||||||||||||||||||||||||||||||||||||||
| basic earnings per common share attributable to slm corporation | 655 | 240 | 450 | 1,770 | 1,130 | 450 | -230 | 880 | 320 | 290 | 340 | 350 | 320 | 230 | 240 | 280 | 100 | 170 | 210 | 160 | 120 | ||||||||||||||||||||||||||||||||||||
| diluted earnings per common share attributable to slm corporation | 647.5 | 240 | 440 | 1,750 | 1,120 | 450 | -230 | 870 | 320 | 290 | 340 | 350 | 320 | 230 | 240 | 280 | 100 | 170 | 200 | 150 | 120 | ||||||||||||||||||||||||||||||||||||
| declared dividends per common share attributable to slm corporation | 22.5 | 30 | 30 | 30 | 30 | 60 | 30 | 30 | |||||||||||||||||||||||||||||||||||||||||||||||||
| gains (loss) on derivatives and hedging activities | 12,352,000 | -15,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| losses on sales of securities | -1,549,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| dividends per common share attributable to slm corporation | 60 | 30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| acquired intangible asset amortization expense | 69,000 | 92,000 | 92,000 | 92,000 | 118,000 | 117,000 | 117,000 | 159,000 | 226,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
| income before income tax (benefit) expense | 91,842,000 | 50,211,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| income tax (benefit) expense | 6,851,000 | -53,667,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| losses on derivatives and hedging activities | -5,268,000 | -5,378,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| other interest expense | 1,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| restructuring and other reorganization expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ffelp loans | 850,000,000 | 877,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| private education loans | 600,000,000 | 604,000,000 | 610,893,000 | 575,340,000 | 565,154,000 | -1,174,816,486 | 396,339,000 | 393,019,000 | 387,041,000 | 439,137,000 | 445,572,000 | 409,323 | 443,522 | 395,962,000 | 392,737,000 | 329,351,000 | 338,421,000 | 291,425,000 | 254,747,000 | 233,696,000 | 32,404,000 | 129,616,000 | |||||||||||||||||||||||||||||||||||
| other loans | 5,000,000 | 6,000,000 | 7,190,000 | 7,254,000 | 8,996,000 | -45,873,995 | 11,042,000 | 18,468,000 | 16,420,000 | 18,161,000 | 19,874,000 | 21,355 | 23,344 | 25,427,000 | 25,990,000 | 26,453,000 | 27,973,000 | 26,556,000 | 24,550,000 | 23,541,000 | 5,038,250 | 20,153,000 | |||||||||||||||||||||||||||||||||||
| cash and investments | 5,000,000 | 5,000,000 | 7,630,000 | 6,299,000 | 4,949,000 | -19,869,936 | 6,881,000 | 7,044,000 | 5,971,000 | 24,773,000 | 57,154,000 | 70,521 | 123,816 | 240,846,000 | 211,303,000 | 141,524,000 | 113,904,000 | 141,155,000 | 141,083,000 | 124,954,000 | 15,512,250 | 62,049,000 | |||||||||||||||||||||||||||||||||||
| less: provisions for loan losses | 291,000,000 | 303,000,000 | 358,110,000 | 382,239,000 | 359,120,000 | -848,399,040 | 321,127,000 | 278,112,000 | 250,279,000 | 252,415,000 | 186,909,000 | 143,015 | 137,311 | 574,178,000 | 142,600,000 | 148,200,000 | |||||||||||||||||||||||||||||||||||||||||
| net interest income after provisions for loan losses | 577,000,000 | 595,000,000 | 513,824,000 | 513,683,000 | 495,357,000 | -273,818,234 | 204,049,000 | 105,589,000 | -35,216,000 | -41,856,000 | 287,840,000 | 259,528 | 139,058 | -239,707,000 | 298,710,000 | 250,453,000 | |||||||||||||||||||||||||||||||||||||||||
| other income: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| gains on sales of loans and securities | 1,607,000 | -3,515,000 | 8,653,000 | -12,468,164 | 12,452,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| gains on derivative and hedging activities | -510,000,000 | -344,458,000 | 95,316,000 | -82,410,000 | 568,721,465 | -111,556,000 | -561,795,000 | 104,025,000 | -292,903,000 | -241,757,000 | 362,043 | -272,796 | -1,337,703,000 | -487,478,000 | 821,566,000 | -356,969,000 | -244,521,000 | -130,855,000 | 122,719,000 | ||||||||||||||||||||||||||||||||||||||
| servicing revenue | 93,000,000 | 98,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| contingency revenue | 86,000,000 | 78,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| gains on debt repurchases | 38,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| total other income | -328,000,000 | -6,000,000 | -139,510,000 | 384,557,000 | 255,020,000 | -684,084,654 | 351,834,000 | 44,966,000 | 288,671,000 | -41,759,000 | -171,996,000 | 562,636 | 70,911 | -1,040,944,000 | -202,045,000 | 1,220,238,000 | 519,860,000 | 203,102,000 | 551,172,000 | 1,134,154,000 | 93,524,500 | 374,098,000 | |||||||||||||||||||||||||||||||||||
| expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| operating expenses | 268,000,000 | 303,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| goodwill and acquired intangible assets impairment and amortization expense | 6,000,000 | 6,000,000 | 669,668,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| total expenses | 276,000,000 | 313,000,000 | 999,969,000 | 364,186,000 | 354,302,000 | -946,813,927 | 322,212,000 | 319,615,000 | 306,256,000 | 286,216,000 | 377,660,000 | 400,428 | 376,326 | ||||||||||||||||||||||||||||||||||||||||||||
| income from continuing operations before income tax benefit | -27,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| net income from continuing operations | -17,000,000 | 177,000,000 | -498,097,000 | 337,951,000 | 240,280,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| income from discontinued operations, net of tax expense | 11,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| net income attributable to common stock | -10,000,000 | 171,000,000 | -243,333,000 | -186,015,000 | 238,345 | -132,829 | -1,644,880,000 | -353,034,000 | 957,315,000 | 107,060,000 | 8,847,000 | 254,251,000 | 714,991,000 | 55,127,250 | 220,509,000 | ||||||||||||||||||||||||||||||||||||||||||
| basic earnings per common share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| continuing operations | -40,000 | 320,000 | -1,070 | 660 | 460 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| discontinued operations | 20,000 | 10 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| total | -20,000 | 320,000 | -1,060 | 660 | 460 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| diluted earnings per common share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| dividends per common share | 100,000 | 250 | 250 | 250 | 250 | -189.889 | 190 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| • | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| losses on derivative and hedging activities | -242,000,000 | -8,562,750 | -34,251,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| income from continuing operations, before income tax expense | 276,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| income from discontinued operations, net of tax | -2,000,000 | 3,211,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ffelp stafford and other student loans | 320,234,000 | 325,042,000 | 283,437,000 | -968,735,413 | 303,192,000 | 323,939,000 | 342,816,000 | 516,204,000 | 516,116,000 | 497,598 | 464,476 | 553,313,000 | 545,618,000 | 511,300,000 | 450,762,000 | 408,727,000 | 364,621,000 | 337,090,000 | |||||||||||||||||||||||||||||||||||||||
| ffelp consolidation loans | 564,586,000 | 550,920,000 | 523,325,000 | -1,429,761,805 | 481,592,000 | 460,690,000 | 489,362,000 | 741,806,000 | 830,566,000 | 769,664 | 836,656 | 1,095,565,000 | 1,145,473,000 | 1,087,254,000 | 1,014,846,000 | ||||||||||||||||||||||||||||||||||||||||||
| securitization servicing and residual interest revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| contingency fee revenue | 83,746,000 | 88,181,000 | 80,311,000 | -230,087,117 | 82,200,000 | 73,368,000 | 74,815,000 | 81,626,000 | 89,418,000 | 83,790 | 85,306 | ||||||||||||||||||||||||||||||||||||||||||||||
| collections revenue | 13,097,000 | 17,219,000 | 21,966,000 | -16,266,848 | 15,580,000 | 22,068,000 | -21,330,000 | 23,050,000 | -170,692,000 | 26,365 | 57,239 | 76,105,000 | 52,788,000 | 77,092,000 | 65,562,000 | 57,878,000 | 57,913,000 | 67,357,000 | |||||||||||||||||||||||||||||||||||||||
| guarantor servicing fees | 15,996,000 | 22,457,000 | 36,090,000 | -106,731,438 | 48,087,000 | 24,772,000 | 34,008,000 | 26,199,000 | 36,848,000 | 23,663 | 34,653 | 40,980,000 | 45,935,000 | 30,273,000 | 39,241,000 | 33,089,000 | 38,848,000 | 33,256,000 | 8,135,000 | 32,540,000 | |||||||||||||||||||||||||||||||||||||
| other | 90,502,000 | 164,899,000 | 190,410,000 | -740,299,849 | 150,006,000 | 399,065,000 | 192,458,000 | 96,719,000 | 93,096,000 | 108,728 | 93,533 | 92,954,000 | 106,684,000 | 89,004,000 | 96,433,000 | 103,927,000 | 87,923,000 | 66,557,000 | 15,579,750 | 62,319,000 | |||||||||||||||||||||||||||||||||||||
| salaries and benefits | 139,099,000 | 140,233,000 | 150,385,000 | -418,225,863 | 142,435,000 | 139,419,000 | 136,921,000 | 105,095,000 | 157,408,000 | 167,788 | 179,729 | 210,140,000 | 185,741,000 | 191,632,000 | 186,350,000 | 179,233,000 | 179,910,000 | 168,727,000 | 36,733,000 | 146,932,000 | |||||||||||||||||||||||||||||||||||||
| income from continuing operations, before income tax benefit | -625,655,000 | 534,054,000 | 396,075,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| less: net income attributable to noncontrolling interest | 61,000 | 133,000 | 140,000 | -689,153 | 198,000 | 211,000 | 281,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| net income attributable to slm corporation | -494,947,000 | 337,818,000 | 240,140,000 | -14,679,862 | 159,110,000 | -122,720,000 | -21,386,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| net income attributable to slm corporation: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| continuing operations, net of tax | -498,158,000 | 337,818,000 | 240,140,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| discontinued operations, net of tax | 3,211,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| basic earnings per common share attributable to slm corporation common shareholders: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| diluted earnings per common share attributable to slm corporation common shareholders: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| dividends per common share attributable to slm corporation common shareholders | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| income from discontinued operations, net of tax benefit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| servicing and securitization revenue | -146,952,703 | 155,065,000 | 87,488,000 | -95,305,000 | 87,557,000 | 64,990,000 | 1,630 | 107,642 | 23,289,000 | 28,883,000 | 132,987,000 | 251,938,000 | 184,686,000 | 187,082,000 | 82,842,000 | 35,740,250 | 142,961,000 | ||||||||||||||||||||||||||||||||||||||||
| net income before income tax benefit | 2,952,500 | 233,671,000 | -169,060,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| basic earnings per common share attributable to slm corporation common shareholders | -42.5 | 250 | -320 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| diluted earnings per common share attributable to slm corporation common shareholders | -42.5 | 250 | -320 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| losses on sales of loans and securities | -64,007,000 | -43,899,000 | -43,583 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| basic loss per common share attributable to slm corporation common shareholders | -100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| diluted loss per common share attributable to slm corporation common shareholders | -100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| gains on student loan securitizations | 367,300,000 | 201,132,000 | 671,262,000 | -49,876,253 | 49,894,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| income before income taxes and minority interest in net earnings of subsidiaries | -369,831,000 | -261,816,000 | 421,736 | -166,357 | -1,721,625,000 | -259,234,000 | 1,071,891,000 | 427,172,000 | 130,320,000 | 468,257,000 | 1,106,961,000 | 103,011,000 | 412,044,000 | ||||||||||||||||||||||||||||||||||||||||||||
| income before minority interest in net earnings of subsidiaries | -215,490,000 | -157,997,000 | 268,662 | -103,869 | -1,634,721,000 | -343,683,000 | 967,167,000 | 117,158,000 | 18,568,000 | 264,571,000 | 725,133,000 | 56,394,500 | 225,578,000 | ||||||||||||||||||||||||||||||||||||||||||||
| minority interest in net earnings of subsidiaries | 527,000 | 544,000 | 2,926 | -65 | 537,000 | 77,000 | 696,000 | 1,005,000 | 463,000 | 1,099,000 | 1,355,000 | -2,188,500 | 2,194,000 | ||||||||||||||||||||||||||||||||||||||||||||
| losses on loans and securities | -34,666 | -28,441,000 | -25,163,000 | -10,921,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| debt management fees | 60,966,250 | 76,306,000 | 80,237,000 | 87,322,000 | 92,501,000 | 122,556,000 | 90,161,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| income taxes | 124,796,750 | 84,449,000 | 104,724,000 | 310,014,000 | 111,752,000 | 203,686,000 | 381,828,000 | -186,457,286 | 186,466,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
| less: provisions for losses | 150,330,000 | 92,005,000 | 67,242,000 | 67,396,000 | -46,513,717 | 46,523,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
| net interest income after provisions for losses | 263,486,000 | 279,965,000 | 270,579,000 | 289,409,000 | -300,236,395 | 300,237,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
| losses on securities | -30,967,000 | -24,458,000 | -13,427,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| consolidation loans | 644,754,250 | 916,091,000 | 841,591,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
| short-term debt | 40,543,000 | 57,414,000 | 55,523,000 | 7,551,500 | 30,206,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| long-term debt | 874,487,500 | 1,305,857,000 | 1,148,544,000 | 133,501,500 | 534,006,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| federally insured student loans | 174,788,500 | 699,154,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| debt management fees and collections revenue | 30,158,750 | 120,635,000 |
We provide you with 20 years income statements for SLM stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of SLM stock. Explore the full financial landscape of SLM stock with our expertly curated income statements.
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