Financial insights of SLM

MyFinsight

For the quarter ending 2025-09-30, SLM made $1,295,303K in revenue. $131,856K in net income. Net profit margin of 10.18%.

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

Income Statement	2025-09-30	2025-06-30
Loans	593,734	597,609
Investments	14,955	13,710
Cash and cash equivalents	48,898	45,440
Total interest income	657,587	656,759
Deposits	203,577	201,478
Interest expense on short-term borrowings	717	3,613
Interest expense on long-term borrowings	80,316	74,848
Total interest expense	284,610	279,939
Net interest income	372,977	376,820
Less provisions for credit losses	179,462	148,718
Net interest income after provisions for credit losses	193,515	228,102
Gains (losses) on sales of loans, net	135,958	-13
Gains (losses) on securities, net	4,876	-2,641
Other income	31,868	29,430
Total non-interest income	172,702	26,776
Compensation and benefits	83,667	84,900
Fdic assessment fees	6,511	9,782
Other operating expenses	89,380	71,664
Total operating expenses	179,558	166,346
Acquired intangible assets amortization expense	846	898
Total non-interest expenses	180,404	167,244
Income (loss) before income tax expense (benefit)	185,813	87,634
Income tax expense (benefit)	49,963	16,362
Net income (loss)	135,850	71,272
Preferred stock dividends	3,994	3,972
Net income (loss) attributable to slm corporation common stock	131,856	67,300

Average common and common equivalent shares outstanding (in shares)	210,607,000	213,220,000
Average common shares outstanding (in shares)	207,144,000	209,282,000
Basic earnings per common share (in dollars per share)	0.64	0.32
Diluted earnings per common share (in dollars per share)	0.63	0.32