Financial insights of SLM

MyFinsight

For the year ending 2025-12-31, SLM made $4,904,193K in revenue. $729,122K in net income. Net profit margin of 14.87%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-12-31
Loans	2,392,417
Investments	58,815
Cash and cash equivalents	176,023
Total interest income	2,627,255
Deposits	808,798
Interest expense on short-term borrowings	11,418
Interest expense on long-term borrowings	305,215
Total interest expense	1,125,431
Net interest income	1,501,824
Less provisions for credit losses	332,687
Net interest income after provisions for credit losses	1,169,137
Gains on sales of loans, net	368,880
Gains (losses) on securities, net	-9,795
Other income	123,484
Total non-interest income	482,569
Compensation and benefits	345,814
Fdic assessment fees	34,291
Other operating expenses	275,480
Total operating expenses	655,585
Acquired intangible assets impairment and amortization expense	3,558
Total non-interest expenses	659,143
Income before income tax expense	992,563
Income tax expense	247,716
Net income	744,847
Preferred stock dividends	15,725
Net income attributable to slm corporation common stock	729,122

Average common and common equivalent shares outstanding (in shares)	210,914,000
Average common shares outstanding (in shares)	207,155,000
Basic earnings per common share (in usd per share)	3.52
Diluted earnings per common share (in usd per share)	3.46