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SLM SLM Gross loans

Gross loans at other companies

PNC Financial Services logo
PNC Financial ServicesPNC
$367.95B+12.8%
Citizens Financial Group logo
Citizens Financial GroupCFG
$147.49B+5.9%
Nelnet logo
NelnetNNI
$10.01B-4.0%
Navient logo
NavientNAVI
$43.59B-6.4%
SoFi Technologies, Inc. logo
SoFi Technologies, Inc.SOFI
$1.38B+6.5%
MainStreet Bancshares, Inc. logo
MainStreet Bancshares, Inc.MNSBP

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$5.15B-22.4%
Enterprise value$6.44B-26.8%
P/E6.9×-8.1×

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:FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss.

The source filing: SLM’s 10-Q, filed April 23, 2026.

Filed
Apr 23, 2026, 4:33 PM EDT
Fiscal quarter
Q4 FY2026
Calendar quarter
Q4 2026
Accession
0001032033-26-000025
CONSOLIDATED BALANCE SHEETS (Unaudited) / (Dollars in thousands, except share and per share amounts)March 31, 2026December 31, 2025
Available-for-sale investments at fair value (cost of $1,795,093 and $1,812,408, respectively)1,744,2241,758,070
Other investments112,442115,394
Total investments1,902,4831,922,714
Loans held for investment (net of allowance for losses of $1,383,166 and $1,430,318, respectively)19,886,73520,332,124
Loans held for sale236,049933,256
Restricted cash223,923177,263
Other interest-earning assets101120
Accrued interest receivable1,532,0511,562,811

Item 1. Financial Statements

FAQ

What is SLM's gross loans?
SLM (SLM) reported gross loans of $19.89B in Q1 2026.
How has SLM's gross loans changed year-over-year?
SLM's gross loans decreased by 5.7% year-over-year, from $21.09B to $19.89B.
What is the long-term trend for SLM's gross loans?
Over 5 years (2020 to 2025), SLM's gross loans has grown at a 1.2% compound annual growth rate (CAGR), from $19.18B to $20.33B.
What does gross loans mean?
Total loans outstanding before deducting the allowance for credit losses — the gross lending portfolio across all categories.

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