What is SLM's cash paid for brokered deposit placement fee?

SLM (SLM) reported cash paid for brokered deposit placement fee of $5.21M in Q1 2026.

What does cash paid for brokered deposit placement fee mean?

This captures the cash costs incurred to acquire brokered deposits through third-party intermediaries. It reflects the company's cost of funding and its reliance on external channels to maintain the liquidity necessary for lending operations.

SLM SLM Cash Paid For Brokered Deposit Placement Fee

Cash Paid For Brokered Deposit Placement Fee at other companies

First BanCorpFBP

$800K-20.0%

First BanCorpFBP

$191K+19.4%

First BanCorpFBP

$507.01M+5.1%

JAN

Janus Living JAN

$8.14M—

First BanCorpFBP

$6M-24.6%

First BanCorpFBP

$191K+19.4%

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 slm:CashPaidForBrokeredDepositPlacementFee.

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 cash paid for brokered deposit placement fee?: SLM (SLM) reported cash paid for brokered deposit placement fee of $5.21M in Q1 2026.
What does cash paid for brokered deposit placement fee mean?: This captures the cash costs incurred to acquire brokered deposits through third-party intermediaries. It reflects the company's cost of funding and its reliance on external channels to maintain the liquidity necessary for lending operations.