SLMNasdaqPersonal Credit InstitutionsFiscal year ends December 31Also trades as SLMBP

SLM Corp

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 22, 2026

$21.57−0.24 (-1.10%)

Close on Oct 19, 2026

Market cap: $4.11B
P/E (TTM): 6.0
Dividend yield: 2.41%

SLM Corp income statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31	FY 2008 2008-12-31	FY 2007 2007-12-31
Revenue	1,984	1,849	1,809	1,823	2,027	1,811	1,672	1,361	1,126	960	885	736	760	675	3,258	4,501	3,056	1,836	2,034
Operating Expenses	–	–	–	–	519	538	574	557	449	385	349	275	270	254	1,005	1,208	1,043	1,029	–
Interest Expense	–	–	1,030	543	382	542	708	522	308	186	129	96	89	83	2,401	2,275	3,035	5,905	7,086
Merger & Restructuring Charges	–	–	0	0	1.26	26	0	0	0	0	5.40	38	0.73	0	12	85	10	72	23
Asset Impairment Charges	–	0	–	–	–	–	–	–	–	–	–	–	0	–	–	–	–	–	–
Gain (Loss) on Investments	–	–	4.00	13	35	–	–	–	–	–	–	–	–	–	–	0	0	14	–
Gain (Loss) on Sale of Assets	–	–	–	0	0	11	0	0	–	–	–	–	–	–	–	–	–	–	–
Pretax Income	993	799	778	631	1,540	1,154	744	559	491	414	439	334	417	342	925	1,090	808	-34	-492
Income Tax Expense	248	190	197	162	380	273	165	72	203	164	165	140	159	126	328	493	264	-37	408
Income from Continuing Operations	–	–	–	–	–	–	–	–	–	–	–	–	1,311	939	597	597	544	2.48	-903
Income from Discontinued Operations	–	–	–	–	–	–	–	–	–	–	–	–	106	-2.00	35	-67	-220	-215	6.28
Net Income incl. Noncontrolling Interests	–	608	581	469	1,161	881	578	487	289	250	274	194	258	216	632	530	324	-213	-894
Minority Interest in Earnings	–	–	–	–	–	–	–	–	–	0	0	-0.43	-1.35	-1.89	-1.00	–	0.85	3.93	2.32
Net Income	745	608	581	469	1,161	881	578	487	289	250	274	194	259	218	633	530	324	-213	-896
Preferred Dividends	16	18	18	9.03	4.74	9.73	17	16	16	21	20	13	0	0	18	72	146	–	–
Net Income to Common	729	590	564	460	1,156	871	561	472	273	229	255	181	259	218	615	458	178	-324	-934
EPS (Basic)(per share)	3.52	2.73	2.44	1.78	3.67	2.27	1.31	1.08	0.63	0.54	0.60	0.43	0.59	0.46	1.19	0.94	0.38	-0.69	-2.26
EPS (Diluted)(per share)	3.46	2.68	2.41	1.76	3.61	2.25	1.30	1.07	0.62	0.53	0.59	0.42	0.58	0.45	1.18	0.94	0.38	-0.69	-2.26
Shares Outstanding (Basic, Weighted)(shares)	207	216	231	258	315	384	427	435	431	428	426	424	440	476	517	487	471	467	412
Shares Outstanding (Diluted, Weighted)(shares)	211	220	234	262	320	387	431	440	439	433	432	432	449	483	523	488	472	467	412
Dividend per Share(per share)	0.52	0.46	0.44	0.44	0.20	0.12	0.12	0.00	0.00	–	–	–	0.60	0.50	0.30	0.00	0.00	0.00	0.25
Total Interest Income	2,627	2,619	2,592	2,032	1,777	2,022	2,331	1,935	1,437	1,077	831	674	551	491	5,930	5,754	4,758	7,270	8,674
Net Interest Income	1,502	1,481	1,562	1,489	1,395	1,480	1,623	1,413	1,129	891	702	578	462	408	3,529	3,479	1,723	1,364	1,588
Non-Interest Income	483	368	247	335	632	331	49	-52	-2.90	69	183	157	298	267	-271	1,022	1,333	472	445
Provision for Credit Losses	–	–	–	–	-233	191	354	245	186	159	90	86	69	66	1,295	1,419	1,119	720	1,015
Non-Interest Expense	659	642	686	559	520	564	574	557	449	386	356	316	275	267	1,038	1,992	1,129	1,151	1,510

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: –
Operating margin: –
Net margin: 37.5%
Return on equity, FY2025: 32.3%

Financial strength

Current ratio: –
Debt to equity: –
Debt to assets: –
Cash to current liabilities: –

Valuation

P/E ratio: 6.0
Price to sales: 2.09
Price to book: 1.66
Dividend yield: 2.41%