SLM Corp
NASDAQ:SLM
Income Statement
Income Statement
SLM Corp
| Mar-2002 | Jun-2002 | Sep-2002 | Dec-2002 | Mar-2003 | Jun-2003 | Sep-2003 | Dec-2003 | Mar-2004 | Jun-2004 | Sep-2004 | Dec-2004 | Mar-2005 | Jun-2005 | Sep-2005 | Dec-2005 | Mar-2006 | Jun-2006 | Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Interest Income |
1 836
|
1 909
|
1 920
|
2 891
|
2 472
|
2 895
|
3 118
|
3 114
|
2 863
|
2 799
|
2 909
|
2 645
|
3 055
|
3 132
|
2 933
|
2 939
|
3 062
|
3 405
|
3 811
|
3 630
|
4 212
|
3 630
|
3 330
|
3 009
|
2 492
|
2 311
|
2 316
|
2 177
|
1 926
|
1 982
|
2 293
|
3 036
|
3 537
|
4 026
|
4 113
|
4 539
|
4 232
|
4 196
|
4 211
|
6 618
|
4 156
|
5 415
|
6 017
|
382
|
5 764
|
3 560
|
2 010
|
442
|
477
|
520
|
547
|
579
|
610
|
634
|
665
|
703
|
741
|
786
|
834
|
891
|
950
|
1 007
|
1 066
|
1 129
|
1 194
|
1 265
|
1 339
|
1 413
|
1 483
|
1 539
|
1 587
|
1 623
|
1 621
|
1 573
|
1 533
|
1 480
|
1 411
|
1 401
|
1 394
|
1 395
|
1 439
|
1 463
|
1 475
|
1 489
|
1 519
|
1 543
|
1 558
|
1 562
|
1 544
|
1 530
|
1 504
|
1 481
|
1 469
|
1 473
|
1 487
|
1 502
|
|
| Interest Income |
3 582
|
3 399
|
3 209
|
4 101
|
3 615
|
3 985
|
4 151
|
4 136
|
3 914
|
3 899
|
4 136
|
4 079
|
4 767
|
5 202
|
5 458
|
5 998
|
6 650
|
7 532
|
8 473
|
8 752
|
9 775
|
9 685
|
9 902
|
10 095
|
9 662
|
9 149
|
8 669
|
8 083
|
7 243
|
6 752
|
6 342
|
6 072
|
6 078
|
6 315
|
6 368
|
6 814
|
6 570
|
6 557
|
6 524
|
6 618
|
6 627
|
6 629
|
6 640
|
465
|
5 120
|
3 604
|
2 075
|
531
|
567
|
609
|
639
|
674
|
714
|
747
|
787
|
831
|
879
|
936
|
1 000
|
1 077
|
1 157
|
1 244
|
1 338
|
1 437
|
1 545
|
1 665
|
1 797
|
1 935
|
2 065
|
2 176
|
2 269
|
2 331
|
2 340
|
2 251
|
2 143
|
2 022
|
1 883
|
1 833
|
1 798
|
1 777
|
1 806
|
1 834
|
1 906
|
2 032
|
2 204
|
2 375
|
2 507
|
2 592
|
2 618
|
2 626
|
2 626
|
2 619
|
2 612
|
2 627
|
2 632
|
2 627
|
|
| Interest Expense |
1 746
|
1 489
|
1 288
|
1 210
|
1 143
|
1 090
|
1 033
|
1 022
|
1 050
|
1 100
|
1 228
|
1 434
|
1 712
|
2 070
|
2 526
|
3 059
|
3 587
|
4 127
|
4 662
|
5 123
|
5 562
|
6 055
|
6 572
|
7 086
|
7 169
|
6 838
|
6 353
|
5 905
|
5 317
|
4 770
|
4 049
|
3 036
|
2 541
|
2 290
|
2 255
|
2 275
|
2 338
|
2 361
|
2 313
|
0
|
2 471
|
0
|
0
|
83
|
23
|
44
|
65
|
89
|
89
|
89
|
92
|
96
|
104
|
113
|
122
|
129
|
138
|
150
|
166
|
186
|
208
|
237
|
272
|
308
|
351
|
401
|
457
|
522
|
582
|
637
|
682
|
708
|
718
|
678
|
610
|
542
|
472
|
432
|
404
|
382
|
367
|
371
|
432
|
543
|
685
|
832
|
950
|
1 030
|
1 074
|
1 096
|
1 122
|
1 138
|
1 143
|
1 153
|
1 145
|
1 125
|
|
| Non Interest Income |
162
|
(143)
|
39
|
(862)
|
(418)
|
(432)
|
11
|
12
|
26
|
492
|
392
|
1 139
|
1 173
|
736
|
1 043
|
520
|
675
|
982
|
578
|
(1)
|
(324)
|
387
|
37
|
(975)
|
(994)
|
(1 466)
|
(1 253)
|
(341)
|
271
|
(319)
|
(296)
|
20
|
37
|
381
|
221
|
(38)
|
75
|
(612)
|
(762)
|
(959)
|
(999)
|
(566)
|
(320)
|
298
|
(244)
|
(84)
|
202
|
318
|
264
|
184
|
227
|
157
|
127
|
209
|
123
|
183
|
192
|
118
|
132
|
69
|
54
|
45
|
29
|
(3)
|
5
|
5
|
(87)
|
(52)
|
(49)
|
(38)
|
65
|
49
|
325
|
334
|
327
|
331
|
453
|
476
|
481
|
632
|
241
|
447
|
528
|
335
|
335
|
220
|
149
|
247
|
400
|
397
|
398
|
368
|
400
|
285
|
433
|
483
|
|
| Revenue |
1 998
N/A
|
1 766
-12%
|
1 959
+11%
|
2 030
+4%
|
2 053
+1%
|
2 463
+20%
|
3 129
+27%
|
3 126
0%
|
2 890
-8%
|
3 292
+14%
|
3 300
+0%
|
3 784
+15%
|
4 228
+12%
|
3 868
-9%
|
3 976
+3%
|
3 459
-13%
|
3 737
+8%
|
4 387
+17%
|
4 389
+0%
|
3 628
-17%
|
3 889
+7%
|
4 017
+3%
|
3 367
-16%
|
2 034
-40%
|
1 499
-26%
|
845
-44%
|
1 064
+26%
|
1 836
+73%
|
2 197
+20%
|
1 663
-24%
|
1 997
+20%
|
3 056
+53%
|
3 574
+17%
|
4 407
+23%
|
4 335
-2%
|
4 502
+4%
|
4 307
-4%
|
3 584
-17%
|
3 449
-4%
|
5 659
+64%
|
3 156
-44%
|
4 849
+54%
|
5 697
+17%
|
680
-88%
|
5 519
+711%
|
3 476
-37%
|
2 213
-36%
|
760
-66%
|
742
-2%
|
705
-5%
|
775
+10%
|
736
-5%
|
738
+0%
|
843
+14%
|
788
-6%
|
885
+12%
|
933
+5%
|
904
-3%
|
965
+7%
|
960
-1%
|
1 004
+5%
|
1 052
+5%
|
1 094
+4%
|
1 126
+3%
|
1 198
+6%
|
1 270
+6%
|
1 253
-1%
|
1 361
+9%
|
1 433
+5%
|
1 501
+5%
|
1 653
+10%
|
1 672
+1%
|
1 946
+16%
|
1 907
-2%
|
1 859
-3%
|
1 811
-3%
|
1 864
+3%
|
1 877
+1%
|
1 874
0%
|
2 027
+8%
|
1 680
-17%
|
1 910
+14%
|
2 003
+5%
|
1 823
-9%
|
1 853
+2%
|
1 763
-5%
|
1 707
-3%
|
1 809
+6%
|
1 944
+7%
|
1 927
-1%
|
1 902
-1%
|
1 849
-3%
|
1 869
+1%
|
1 759
-6%
|
1 920
+9%
|
1 984
+3%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Loan Loss Provision |
(73)
|
(87)
|
(106)
|
(117)
|
(139)
|
(148)
|
(155)
|
(148)
|
(145)
|
(137)
|
(106)
|
(111)
|
(118)
|
(168)
|
(170)
|
(203)
|
(217)
|
(205)
|
(260)
|
(287)
|
(377)
|
(458)
|
(533)
|
(1 015)
|
(1 002)
|
(997)
|
(1 041)
|
(720)
|
(833)
|
(968)
|
(1 102)
|
(1 119)
|
(1 228)
|
(1 332)
|
(1 368)
|
(1 419)
|
(1 363)
|
(1 272)
|
(1 323)
|
(1 295)
|
(1 245)
|
(1 197)
|
(1 058)
|
(66)
|
(848)
|
(604)
|
(354)
|
(69)
|
(88)
|
(90)
|
(84)
|
(86)
|
(63)
|
(78)
|
(90)
|
(90)
|
(106)
|
(132)
|
(147)
|
(159)
|
(152)
|
(161)
|
(174)
|
(186)
|
(214)
|
(227)
|
(243)
|
(245)
|
(255)
|
(285)
|
(314)
|
(354)
|
(352)
|
(610)
|
(507)
|
(93)
|
194
|
476
|
334
|
33
|
(291)
|
(252)
|
(321)
|
(633)
|
(650)
|
(637)
|
(627)
|
(345)
|
(243)
|
(242)
|
(316)
|
(409)
|
(420)
|
(552)
|
(460)
|
(333)
|
|
| Non Interest Expense |
(707)
|
(705)
|
(695)
|
(690)
|
(702)
|
(724)
|
(724)
|
(795)
|
(825)
|
(841)
|
(981)
|
(1 116)
|
(1 520)
|
(1 601)
|
(1 579)
|
(1 138)
|
(1 525)
|
(1 554)
|
(1 616)
|
(1 346)
|
(1 379)
|
(1 461)
|
(1 464)
|
(1 511)
|
(1 572)
|
(1 574)
|
(1 563)
|
(1 151)
|
(1 321)
|
(1 232)
|
(1 094)
|
(1 129)
|
(1 152)
|
(1 178)
|
(1 953)
|
(1 992)
|
(1 983)
|
(1 922)
|
(1 232)
|
(3 439)
|
(1 078)
|
(2 333)
|
(2 913)
|
(272)
|
(3 298)
|
(1 835)
|
(1 033)
|
(275)
|
(279)
|
(287)
|
(304)
|
(317)
|
(337)
|
(353)
|
(360)
|
(356)
|
(363)
|
(367)
|
(373)
|
(386)
|
(396)
|
(412)
|
(429)
|
(449)
|
(471)
|
(495)
|
(530)
|
(557)
|
(572)
|
(576)
|
(579)
|
(574)
|
(581)
|
(584)
|
(582)
|
(564)
|
(543)
|
(529)
|
(518)
|
(520)
|
(527)
|
(533)
|
(545)
|
(559)
|
(583)
|
(606)
|
(624)
|
(686)
|
(690)
|
(693)
|
(694)
|
(642)
|
(635)
|
(644)
|
(652)
|
(659)
|
|
| Pre-Tax Income |
1 219
N/A
|
974
-20%
|
1 158
+19%
|
1 223
+6%
|
1 212
-1%
|
1 591
+31%
|
2 251
+42%
|
2 183
-3%
|
1 920
-12%
|
2 314
+21%
|
2 213
-4%
|
2 557
+16%
|
2 591
+1%
|
2 099
-19%
|
2 227
+6%
|
2 118
-5%
|
1 995
-6%
|
2 627
+32%
|
2 513
-4%
|
1 995
-21%
|
2 133
+7%
|
2 098
-2%
|
1 370
-35%
|
(492)
N/A
|
(1 075)
-119%
|
(1 726)
-60%
|
(1 541)
+11%
|
(34)
+98%
|
44
N/A
|
(537)
N/A
|
(199)
+63%
|
808
N/A
|
1 194
+48%
|
1 897
+59%
|
1 014
-47%
|
1 090
+8%
|
961
-12%
|
390
-59%
|
894
+129%
|
925
+3%
|
833
-10%
|
1 319
+58%
|
1 726
+31%
|
342
-80%
|
1 373
+302%
|
1 037
-24%
|
826
-20%
|
417
-50%
|
375
-10%
|
328
-13%
|
386
+18%
|
334
-14%
|
338
+1%
|
413
+22%
|
339
-18%
|
439
+30%
|
465
+6%
|
405
-13%
|
446
+10%
|
414
-7%
|
456
+10%
|
479
+5%
|
492
+3%
|
492
0%
|
513
+4%
|
547
+7%
|
481
-12%
|
559
+16%
|
607
+8%
|
641
+6%
|
760
+19%
|
744
-2%
|
1 013
+36%
|
713
-30%
|
770
+8%
|
1 154
+50%
|
1 515
+31%
|
1 824
+20%
|
1 690
-7%
|
1 540
-9%
|
862
-44%
|
1 125
+31%
|
1 137
+1%
|
631
-45%
|
621
-2%
|
521
-16%
|
457
-12%
|
778
+70%
|
1 010
+30%
|
992
-2%
|
892
-10%
|
799
-10%
|
814
+2%
|
563
-31%
|
809
+44%
|
993
+23%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(435)
|
(349)
|
(404)
|
(431)
|
(426)
|
(558)
|
(805)
|
(779)
|
(642)
|
(794)
|
(686)
|
(643)
|
(740)
|
(564)
|
(616)
|
(729)
|
(679)
|
(885)
|
(938)
|
(834)
|
(1 007)
|
(730)
|
(611)
|
(408)
|
(40)
|
(88)
|
31
|
37
|
20
|
216
|
94
|
(264)
|
(429)
|
(671)
|
(458)
|
(493)
|
(433)
|
(225)
|
(305)
|
(328)
|
(297)
|
(475)
|
(625)
|
(126)
|
(475)
|
(354)
|
(280)
|
(159)
|
(143)
|
(128)
|
(152)
|
(140)
|
(143)
|
(171)
|
(134)
|
(165)
|
(172)
|
(146)
|
(176)
|
(164)
|
(176)
|
(186)
|
(179)
|
(188)
|
(201)
|
(217)
|
(143)
|
(136)
|
(128)
|
(101)
|
(175)
|
(166)
|
(231)
|
(166)
|
(181)
|
(273)
|
(355)
|
(439)
|
(403)
|
(380)
|
(214)
|
(275)
|
(285)
|
(162)
|
(162)
|
(139)
|
(121)
|
(197)
|
(257)
|
(252)
|
(227)
|
(190)
|
(191)
|
(121)
|
(186)
|
(248)
|
|
| Income from Continuing Operations |
784
|
625
|
754
|
792
|
786
|
1 033
|
1 445
|
1 404
|
1 279
|
1 521
|
1 527
|
1 914
|
1 851
|
1 535
|
1 611
|
1 389
|
1 316
|
1 742
|
1 574
|
1 161
|
1 126
|
1 368
|
759
|
(900)
|
(1 115)
|
(1 814)
|
(1 509)
|
3
|
64
|
(321)
|
(105)
|
544
|
766
|
1 227
|
556
|
598
|
527
|
165
|
589
|
597
|
536
|
844
|
1 101
|
216
|
899
|
684
|
546
|
258
|
232
|
200
|
234
|
194
|
194
|
241
|
204
|
274
|
292
|
259
|
270
|
250
|
279
|
293
|
312
|
304
|
312
|
331
|
338
|
424
|
478
|
540
|
585
|
578
|
782
|
547
|
589
|
881
|
1 160
|
1 385
|
1 287
|
1 161
|
648
|
850
|
852
|
469
|
459
|
382
|
336
|
581
|
753
|
740
|
665
|
608
|
623
|
442
|
623
|
745
|
|
| Income to Minority Interest |
(8)
|
(5)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(3)
|
(5)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(3)
|
(2)
|
(2)
|
(1)
|
(3)
|
(4)
|
0
|
(4)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
1
|
2
|
2
|
2
|
2
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
765
N/A
|
609
-20%
|
740
+22%
|
781
+5%
|
775
-1%
|
1 021
+32%
|
1 564
+53%
|
1 522
-3%
|
1 397
-8%
|
1 639
+17%
|
1 516
-8%
|
1 902
+25%
|
1 837
-3%
|
1 517
-17%
|
1 588
+5%
|
1 360
-14%
|
1 283
-6%
|
1 706
+33%
|
1 536
-10%
|
1 121
-27%
|
1 085
-3%
|
1 328
+22%
|
720
-46%
|
(934)
N/A
|
(1 173)
-26%
|
(1 892)
-61%
|
(1 725)
+9%
|
(324)
+81%
|
(239)
+26%
|
(626)
-162%
|
(323)
+48%
|
178
N/A
|
462
+159%
|
916
+98%
|
285
-69%
|
458
+61%
|
393
-14%
|
79
-80%
|
541
+589%
|
615
+14%
|
550
-11%
|
847
+54%
|
1 082
+28%
|
218
-80%
|
886
+307%
|
675
-24%
|
542
-20%
|
259
-52%
|
234
-10%
|
198
-15%
|
227
+15%
|
181
-20%
|
177
-2%
|
222
+26%
|
185
-17%
|
255
+38%
|
273
+7%
|
239
-13%
|
249
+5%
|
229
-8%
|
258
+12%
|
272
+6%
|
294
+8%
|
273
-7%
|
307
+12%
|
346
+13%
|
373
+8%
|
472
+27%
|
503
+7%
|
543
+8%
|
567
+5%
|
561
-1%
|
766
+37%
|
533
-30%
|
578
+8%
|
871
+51%
|
1 152
+32%
|
1 379
+20%
|
1 282
-7%
|
1 156
-10%
|
643
-44%
|
845
+31%
|
846
+0%
|
460
-46%
|
447
-3%
|
367
-18%
|
320
-13%
|
564
+76%
|
734
+30%
|
721
-2%
|
647
-10%
|
590
-9%
|
605
+3%
|
425
-30%
|
607
+43%
|
729
+20%
|
|
| EPS (Diluted) |
1.58
N/A
|
1.28
-19%
|
1.6
+25%
|
1.64
+2%
|
1.64
N/A
|
2.18
+33%
|
3.45
+58%
|
3.15
-9%
|
2.89
-8%
|
3.41
+18%
|
3.2
-6%
|
3.99
+25%
|
3.95
-1%
|
3.28
-17%
|
3.46
+5%
|
2.95
-15%
|
3.1
+5%
|
3.75
+21%
|
3.41
-9%
|
2.48
-27%
|
2.59
+4%
|
2.93
+13%
|
1.74
-41%
|
-2.28
N/A
|
-2.51
-10%
|
-3.65
-45%
|
-4.1
-12%
|
-0.69
+83%
|
-0.51
+26%
|
-1.33
-161%
|
-0.7
+47%
|
0.37
N/A
|
0.87
+135%
|
2.02
+132%
|
0.58
-71%
|
0.93
+60%
|
0.73
-22%
|
0.13
-82%
|
1.04
+700%
|
1.17
+12%
|
1.07
-9%
|
1.85
+73%
|
2.29
+24%
|
0.45
-80%
|
1.96
+336%
|
1.5
-23%
|
1.21
-19%
|
0.58
-52%
|
0.53
-9%
|
0.45
-15%
|
0.52
+16%
|
0.42
-19%
|
0.4
-5%
|
0.51
+27%
|
0.42
-18%
|
0.59
+40%
|
0.63
+7%
|
0.55
-13%
|
0.58
+5%
|
0.53
-9%
|
0.59
+11%
|
0.62
+5%
|
0.67
+8%
|
0.62
-7%
|
0.68
+10%
|
0.78
+15%
|
0.84
+8%
|
1.07
+27%
|
1.14
+7%
|
1.25
+10%
|
1.31
+5%
|
1.3
-1%
|
1.85
+42%
|
1.42
-23%
|
1.52
+7%
|
2.25
+48%
|
3.14
+40%
|
4.34
+38%
|
4.2
-3%
|
3.61
-14%
|
2.29
-37%
|
3.19
+39%
|
3.33
+4%
|
1.76
-47%
|
1.83
+4%
|
1.53
-16%
|
1.39
-9%
|
2.41
+73%
|
3.28
+36%
|
3.24
-1%
|
3
-7%
|
2.68
-11%
|
2.81
+5%
|
1.98
-30%
|
2.88
+45%
|
3.46
+20%
|
|