slmbp: the income statement

MyFinsight

For the quarter ending 2025-09-30, SLMBP 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
Loans	593,734
Investments	14,955
Cash and cash equivalents	48,898
Total interest income	657,587
Deposits	203,577
Interest expense on short-term borrowings	717
Interest expense on long-term borrowings	80,316
Total interest expense	284,610
Net interest income	372,977
Less provisions for credit losses	179,462
Net interest income after provisions for credit losses	193,515
Gains (losses) on sales of loans, net	135,958
Gains (losses) on securities, net	4,876
Other income	31,868
Total non-interest income	172,702
Compensation and benefits	83,667
Fdic assessment fees	6,511
Other operating expenses	89,380
Total operating expenses	179,558
Acquired intangible assets amortization expense	846
Total non-interest expenses	180,404
Income (loss) before income tax expense (benefit)	185,813
Income tax expense (benefit)	49,963
Net income (loss)	135,850
Preferred stock dividends	3,994
Net income (loss) attributable to slm corporation common stock	131,856

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