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SLM SLM Secured Borrowings - issued, net of discount and deferred fees

Secured Borrowings - issued, net of discount and deferred fees at other companies

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Bread Financial HoldingsBFH
$0-100%
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Live Nation EntertainmentLYV
$226.16M+1,945%
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SynapticsSYNA
$0
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Simon Property GroupSPG
$1.81B+111%
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First American FinancialFAF
$1.08B+46.6%

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$4.34B-31.4%
Enterprise value$5.63B-34.6%
P/E5.8×-4.3×

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 slm:BorrowingsIssuesDiscountAndDeferredFeesNet.

The official record: SLM’s 10-K, filed February 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is SLM's secured borrowings - issued, net of discount and deferred fees?
SLM (SLM) reported secured borrowings - issued, net of discount and deferred fees of $134.15M in Q4 2025.
How has SLM's secured borrowings - issued, net of discount and deferred fees changed year-over-year?
SLM's secured borrowings - issued, net of discount and deferred fees decreased by 75.7% year-over-year, from $551.68M to $134.15M.
What is the long-term trend for SLM's secured borrowings - issued, net of discount and deferred fees?
Over 2 years (2023 to 2025), SLM's secured borrowings - issued, net of discount and deferred fees has grown at a -31.2% compound annual growth rate (CAGR), from $1.14B to $536.61M.
What does secured borrowings - issued, net of discount and deferred fees mean?
Reflects the net proceeds received from the issuance of secured debt instruments after accounting for original issue discounts and associated issuance costs. This metric highlights the company's ability to access secured capital markets to fund loan originations.