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SLM SLM Allowance for credit losses

Allowance for credit losses at other companies

PNC Financial Services logo
PNC Financial ServicesPNC
$4.66B+2.6%
Citizens Financial Group logo
Citizens Financial GroupCFG
$1.96B-2.8%
Simmons First National logo
Simmons First NationalSFNC
$229.91M-8.8%
HOM
Home BancSharesHOMB
$297.63M+6.3%
Community Financial System logo
Community Financial SystemCBU
$90.19M+8.9%
SoFi Technologies, Inc. logo
SoFi Technologies, Inc.SOFI

Other financials

Income statement

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Net income$308.0M+1.1%
EPS (diluted)$1.54+10.0%

Balance sheet

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Cash & equivalents$5.4B+39.1%
Total debt$6.7B+8.5%
Total equity$2.4B+1.5%
Total assets$29.4B+1.8%

Cash flow

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Operating cash flow-$76.0M+48.0%

Valuation

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Market cap$4.38B-31.4%

Returns & leverage

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Return on equity30.9%+3.3pp
Debt / equity2.7×+0.2×

Where this comes from

Reported directly by SLM in its filing.

Tagged under the XBRL concept us-gaap:FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest.

The official record: SLM’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is SLM's allowance for credit losses?
SLM (SLM) reported allowance for credit losses of $1.38B in Q1 2026.
How has SLM's allowance for credit losses changed year-over-year?
SLM's allowance for credit losses decreased by 4.2% year-over-year, from $1.44B to $1.38B.
What is the long-term trend for SLM's allowance for credit losses?
Over 4 years (2021 to 2025), SLM's allowance for credit losses has grown at a 5.3% compound annual growth rate (CAGR), from $1.17B to $1.43B.
What does allowance for credit losses mean?
Reserve held against the loan portfolio for estimated future credit losses under the CECL methodology — a contra-asset reducing net loans.