SLM Corporation (SLM)
NASDAQ: SLM · Real-Time Price · USD
33.09
+0.53 (1.63%)
At close: Aug 13, 2025, 4:00 PM
33.32
+0.23 (0.70%)
After-hours: Aug 13, 2025, 7:15 PM EDT

SLM Corporation Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTM FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 2015 - 2019
Period Ending
Jun '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 2015 - 2019
Interest and Dividend Income
2,6272,6192,5922,0321,7772,022
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Total Interest Expense
1,1531,1381,030542.8381.93492.12
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Net Interest Income
1,4731,4811,5621,4891,3951,530
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Gain (Loss) on Sale of Loans & Receivables
187.68254.93160.29327.75548.32238.32
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Gain (Loss) on Sale of Investments
-16.770.472.68-60.2739.14.37
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Other Revenue
114.22112.8784.1567.1644.8939.22
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Revenue Before Loan Losses
1,7591,8491,8091,8232,0271,811
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Provision for Loan Losses
551.65408.52345.46633.45-32.9693.13
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Revenue
1,2071,4411,4641,1902,0601,718
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Revenue Growth (YoY)
-28.36%-1.59%23.02%-42.24%19.89%30.37%
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Salaries & Employee Benefits
343.38349.39326.55270.35258.32282.5
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Cost of Services Provided
48.7551.6145.7720.9423.3721.96
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Other Operating Expenses
246.73235.58245.93257.57236.96233.64
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Total Operating Expenses
643.5641.9684.62556.64518.65538.09
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Operating Income
563.36798.64779.25633.331,5421,180
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EBT Excluding Unusual Items
563.36798.64779.25633.331,5421,180
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Restructuring Charges
-----1.26-26.22
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Pretax Income
563.36798.64778.3630.731,5401,154
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Income Tax Expense
121.14190.31196.91161.71379.75273.32
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Earnings From Continuing Ops.
442.21608.33581.39469.011,161880.69
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Net Income
442.21608.33581.39469.011,161880.69
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Preferred Dividends & Other Adjustments
16.9418.317.719.034.749.73
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Net Income to Common
425.27590.03563.69459.991,156870.96
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Net Income Growth
-40.22%4.63%23.96%-59.59%31.77%52.30%
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Shares Outstanding (Basic)
211216231258315384
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Shares Outstanding (Diluted)
215220234262320387
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Shares Change (YoY)
-4.42%-6.04%-10.49%-18.26%-17.38%-10.10%
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EPS (Basic)
2.012.732.441.783.672.27
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EPS (Diluted)
1.972.682.411.763.612.25
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EPS Growth
-38.53%11.20%36.93%-51.25%60.44%73.08%
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Dividend Per Share
0.5000.4600.4400.4400.2000.120
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Dividend Growth
13.64%4.54%-120.00%66.67%-
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Operating Margin
46.68%55.44%53.23%53.22%74.83%68.69%
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Profit Margin
35.24%40.96%38.51%38.66%56.10%50.69%
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Effective Tax Rate
21.50%23.83%25.30%25.64%24.65%23.68%
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Updated Jul 24, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.
SEC Filings: 10-K · 10-Q