For the year ending 2025-12-31, SLMBP had -$455,732K decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 744,847 |
| Provisions for credit losses | 332,687 |
| Deferred tax provision (benefit) | 50,316 |
| Amortization of brokered deposit placement fee | 8,033 |
| Amortization of fees for secured borrowing facility | 2,696 |
| Amortization of deferred loan origination costs and loan premium/(discounts), net | -15,385 |
| Net amortization of discount on investments | 604 |
| Reduction of tax indemnification receivable | 0 |
| Depreciation of premises and equipment | 16,166 |
| Acquired intangible assets impairment and amortization expense | 3,558 |
| Stock-based compensation expense | 40,559 |
| Unrealized (gains) losses on derivative and hedging activities, net | 5 |
| Gains on sale of loans, net | 368,880 |
| (gains) losses on securities, net | -9,795 |
| Acquisition transaction costs, net | 0 |
| Other adjustments to net income, net | -7,080 |
| Increase in accrued interest receivable | 1,180,383 |
| Decrease in trading investments | -1,634 |
| Increase in non-marketable securities | 740 |
| Decrease in other interest-earning assets | -4,760 |
| Increase in other assets | 50,215 |
| Increase (decrease) in income tax payable, net | 30,278 |
| Increase (decrease) in accrued interest payable | -10,964 |
| Decrease in other liabilities | -54,584 |
| Total adjustments | -1,143,428 |
| Total net cash used in operating activities | -398,581 |
| Loans acquired and originated | 7,461,498 |
| Net proceeds from sales of loans held for investment and loans held for sale | 5,239,145 |
| Proceeds from ffelp loan claim payments | 0 |
| Net decrease in loans held for investment and loans held for sale (other than loans acquired and originated, and loan sales) | -2,901,589 |
| Purchases of available-for-sale securities | 81,336 |
| Proceeds from sales and maturities of available-for-sale securities | 448,860 |
| Purchase of subsidiary, net of cash acquired | 0 |
| Total net cash provided by (used in) investing activities | 1,046,760 |
| Brokered deposit placement fee | 8,282 |
| Net (decrease) increase in certificates of deposit | -662,401 |
| Net increase (decrease) in other deposits | 652,886 |
| Issuance costs for borrowings-Debt Securities | 42 |
| Secured borrowings - issued, net of discount and deferred fees | 536,610 |
| Secured borrowings - repaid | 1,119,518 |
| Fees paid on secured borrowing facility | -2,955 |
| Issuance costs for borrowings-Unsecured Debt | 1,942 |
| Unsecured borrowings - issued, net of discount and underwriting fees | 493,885 |
| Unsecured borrowings - repaid | 500,000 |
| Borrowings under secured borrowing facility | 700,000 |
| Repayments of borrowings under secured borrowing facility | 700,000 |
| Preferred stock dividends paid | 15,725 |
| Common stock dividends paid | 107,691 |
| Common stock repurchased | 368,736 |
| Net cash (used in) provided by financing activities | -1,103,911 |
| Net (decrease) increase in cash, cash equivalents and restricted cash | -455,732 |
SLM Corp (SLMBP)
SLM Corp (SLMBP)