SLM reported $748.3M in net income over the trailing twelve months.

What is SLM's earnings per share?

SLM's diluted EPS over the trailing twelve months is $3.60.

Where does SLM's income statement data come from?

Every line is extracted from SLM's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

SLM SLM Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q4 '26	Q1 '26	Q4 '25	Q3 '25	Q2 '25
Net interest income	——	$375.41M+0.1%	$377.06M+4.1%	$372.98M+3.8%	$376.82M+1.2%
Net interest income after provision for credit losses	——	$386.88M+10.0%	$395.84M+55.8%	$193.52M+120%	$228.1M-35.8%
Total noninterest income	——	$184.58M-10.4%	$77.05M+177%	$172.7M+604%	$26.78M-81.1%
Total interest income	——	$649.31M-1.0%	$656.82M-0.7%	$657.59M+0.8%	$656.76M+2.4%
Total interest expense (banking)	——	$68.16M-7.4%	$76.47M+6.6%	$80.32M+25.5%	$74.85M+36.8%
Compensation and benefits	——	$103.45M+13.9%	$86.42M+7.9%	$83.67M-4.5%	$84.9M-0.4%
Depreciation and amortization	——	$1M0.0%	——	$1M0.0%	$1M0.0%
Provision for credit losses	——	$45.92M+3.3%	——	$154.76M-2.0%	$56.53M+19.9%
Other operating expenses	——	$62.47M+24.1%	$64.08M+17.7%	$89.38M+27.2%	$71.66M+19.0%
Total noninterest expense	——	$171.1M+10.7%	$156.89M+4.9%	$180.4M+4.9%	$167.24M+5.5%
Interest expense	——	$273.9M-2.6%	$279.76M-6.5%	$284.61M-2.9%	$279.94M+3.9%
Interest income	——	$602.26M+0.6%	$602.31M+2.5%	$593.73M+5.1%	$597.61M+5.7%
Other income (expense), net	——	$239K+106%	——	-$3.56M-9.5%	-$3.34M-25.6%
Income before income taxes	——	$400.35M-0.7%	$316M+139%	$185.81M+412%	$87.63M-74.1%
Income tax expense	——	$92.4M-6.3%	$82.81M+302%	$49.96M+447%	$16.36M-81.1%
Net income	——	$307.95M+1.1%	$233.19M+109%	$135.85M+401%	$71.27M-71.7%
Preferred stock dividends	——	$3.56M-10.1%	$3.8M-12.9%	$3.99M-14.1%	$3.97M-14.2%
Diluted earnings per share	——	$1.54+10.0%	$1.11+122%	$0.63+374%	$0.32-71.2%
Basic earnings per share	——	$1.56+9.1%	$1.13+117%	$0.64+378%	$0.32-71.7%
Weighted-average shares, diluted	——	197.9M-8.0%	210.9M-4.1%	210.6M-2.0%	213.2M-4.2%
Weighted-average shares, basic	——	195.5M-7.2%	207.2M-4.2%	207.1M-3.6%	209.3M-4.4%
Accretion (Amortization) of Discounts and Premiums, Investments	——	$122K-62.7%	——	$106K-75.5%	$64K-85.7%
Share-Based Payment Arrangement, Decrease for Tax Withholding Obligation	——	$18.12M-30.2%	——	$1.08M+38.2%	$585K+242%
Share-based compensation expense related to employee stock plans	——	$14.8M+11.5%	——	$8.94M+6.7%	$9.34M-2.5%
Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity	——	-$383.92M+14.8%	——	-$185.19M-171%	-$210M+46.9%
Income tax credits and Other income tax benefits recognized in tax provision	——	$2M+100%	$12M—	$0—	$1M-91.7%
Low income housing tax credit investments, expected tax benefits recognized	——	25%0.0%	——	——	——
Amortization of Secured Borrowing Facility upfront fee	——	$735K+25.9%	——	$705K+19.9%	$624K+35.4%
Acquired intangible assets amortization expense	——	$740K-27.5%	$793K-47.0%	$846K-30.9%	$898K-35.6%
Amortization of brokered deposit placement fee	——	$1.95M-11.9%	——	$1.86M-29.0%	$2.16M-19.4%
Stock options excluded as their inclusion would be anti-dilutive (in shares)	——	1M0.0%	——	1M-83.3%	1M0.0%
Borrowings collateralized by loans in securitization trusts - issued	——	$615.45M—	——	——	$536.84M-19.3%
Borrowings Collateralized By Loans In Trust Repaid	——	$309.41M+7.1%	——	$274.23M+17.4%	$275.92M+14.5%
Brokered deposit placement fee	——	$2M0.0%	——	$2M-33.3%	$2M0.0%
Cash and cash equivalents	——	$32.08M-24.7%	$39.11M-33.1%	$48.9M-31.4%	$45.44M-25.5%
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation	——	$962.85M+196%	——	-$523.74M—	——
Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months	——	$100K-99.4%	——	——	——
Cash Paid For Brokered Deposit Placement Fee	——	$5.21M—	——	——	——
Change In Other Comprehensive Income (Loss) For Unrealized Gains (Losses) On Derivatives, Before Income Tax (Expense) Benefit	——	-$689K+88.1%	——	-$5.54M+65.6%	-$4.95M+46.5%
Cash dividend per common share (in dollars per share)	——	$0.130.0%	——	$0.13+18.2%	$0.13+18.2%
Dividends declared (in dollars per share)	——	$0.130.0%	$0.130.0%	$0.13+18.2%	$0.13+18.2%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	——	$310.03M-1.5%	——	$151.52M+1,008%	$66.07M-73.6%
Deferred taxes	——	$92.4M-6.3%	——	$49.96M+447%	$16.36M-81.1%
Depreciation	——	$4.33M+9.5%	$4.21M+1.2%	$4.03M-4.5%	$3.97M-13.0%
Derivative, Gain (Loss) on Derivative, Net	——	$696K-84.6%	——	$5.67M-12.3%	$5.66M-35.3%
Dividends, Common Stock, Cash	——	$25.6M-6.8%	——	$26.9M+14.3%	$27.15M+13.0%
Equity Securities without Readily Determinable Fair Value, Downward Price Adjustment, Annual Amount	——	——	——	——	——
Changes in Unrealized Gains (Losses) Included in Other Comprehensive Income (Loss) for Recurring Level 3 Instruments Held at End of Period	——	-$3K-200%	——	——	-$17K-135%
Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss	——	-$2.4M-360%	——	$4.88M—	-$2.61M-224%
Fair Value Disclosure, Off-balance Sheet Risks, Amount, Liability, Unfunded Loan Commitments	——	$523.17M—	——	——	——
Fair Value Disclosure, Off-balance Sheet Risks, Amount, Liability, Commitments Funded	——	$2.42B-12.6%	——	$2.94B+6.4%	$685.6M-0.8%
Provision/New commitments - net	——	$1.1B+5.0%	——	$4.25B+8.0%	$1.46B+10.8%
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3	——	$0—	——	$0—	$0—
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3	——	$0—	——	$0—	$0—
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Settlements	——	-$1.22M+27.3%	——	-$272K—	-$1.74M-154%
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1	——	-$2.39M-365%	——	$4.89M—	-$2.61M-223%
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss	——	-$3K-200%	——	——	-$17K-135%
FDIC assessments	——	$4.44M-64.2%	$5.6M-58.8%	$6.51M-49.8%	$9.78M-16.6%
Net addition to the allowance for credit losses	——	$35M+218%	——	——	$132M+13,300%
Less: provisions for credit losses	——	-$11.47M-149%	$0-100%	$179.46M-33.9%	$148.72M+784%
Average Balance	——	$23.35B+1.9%	——	$22.26B+8.6%	$22.56B+7.5%
Charge-off	——	——	——	——	——
% of total class of receivables	100%0.0%	100%0.0%	100%0.0%	——	——
Account Balances	——	$197.32M+37.4%	$129.46M—	$110.91M—	$130.92M—
Financing receivable, modified in period, subsequently charged off, amount	——	$15.2M-17.8%	$8M-20.8%	$0-100%	$13.7M+35.6%
Number of monthly payments required by a borrower between successive grants of forbearance	——	120.0%	——	——	——
Financing Receivable, Transfer to Held-for-Sale, Allowance for Credit Loss, Expense Reversal	——	$10M—	——	——	——
Monthly payment that is smaller than the interest accrued on the loan in that month	——	$250.0%	——	——	——
Net gains/(losses) on sales of loans	——	$146.31M-22.1%	$45.2M—	$135.96M+438,674%	-$13K-100%
Securities gains, net – non-qualifying hedges on MSRs	——	-$2.4M+76.9%	-$1.65M-2,115%	$4.88M+227%	-$2.64M-226%
Income taxes paid	——	$4.64M-59.2%	——	$9.06M-87.2%	$126.61M-19.6%
Increase Decrease In Accrued Income Taxes Payable	——	-$4.74M+58.8%	$172.08M—	-$3.93M+94.4%	-$126.38M+19.7%
Increase Decrease In Accrued Interest Receivable Net	——	$298.13M+0.5%	$293.34M+4.3%	$296.05M+6.4%	$294.46M+11.6%
Changes in the fair value of equity securities	——	$130K—	——	$275K-97.3%	$234K—
Increase Decrease In Interest Payable Net	——	-$18.98M+29.7%	——	-$32.08M-5,743%	$27.7M+173%
Increase (Decrease) in Other Operating Assets	——	$1.18M-97.5%	$12.85M—	——	$6.13M+1,687%
Other liabilities	——	-$24.28M+43.2%	-$24.31M-84.4%	——	-$3.45M—
Add - Incremental shares under stock-based compensation plans (in shares)	——	$2.42M-43.9%	——	$3.46M—	$3.94M+11.1%
Interest and Dividend Income, Operating	——	$649.31M-1.0%	$656.82M-0.7%	$657.59M+0.8%	$656.76M+2.4%
Interest and Fee Income, Loans and Leases	——	$602.26M+0.6%	$602.31M+2.5%	$593.73M+5.1%	$597.61M+5.7%
Interest Expense, Deposits	——	$200.61M-1.7%	$199.6M-10.9%	$203.58M-9.8%	$201.48M-4.6%
Interest Expense, Long-Term Debt	——	$68.16M-7.4%	$76.47M+6.6%	$80.32M+25.5%	$74.85M+36.8%
Interest Income, Available-for-sale	——	$14.97M+1.5%	$15.4M-0.4%	$14.96M-8.2%	$13.71M-9.4%
Interest Income (Expense), after Provision for Loan Loss	——	$386.88M+10.0%	$395.84M+55.8%	$193.52M+120%	$228.1M-35.8%
Interest Income (Expense), Operating	——	$375.41M+0.1%	$377.06M+4.1%	$372.98M+3.8%	$376.82M+1.2%
Interest Paid, Excluding Capitalized Interest, Operating Activity	——	$287.34M-4.4%	$253.88M-10.8%	$310.94M+7.5%	$246.43M-1.9%
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation	——	-$550.35M+59.4%	-$88.1M—	-$220.62M-119%	——
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation	——	$1.59B+220%	$838.61M+212%	——	——
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation	——	-$75.96M+48.0%	-$64.46M—	-$49.34M+56.5%	-$138.73M+3.5%
Net Decrease in Loans Held for Investment and Loans Held for Sale	——	-$866.78M-11.9%	——	-$708.15M-10.5%	-$650.09M-3.3%
Net increase (decrease) in certificates of deposit	——	$142.93M+116%	——	-$497.76M-173%	——
Fees paid on Secured Borrowing Facility	——	-$1K—	——	-$34K—	-$2.92M-25.0%
Net decrease in other deposits	——	-$674.31M-515%	——	$29.66M—	$268.91M—
Net proceeds from sales of loans held for investment and loans held for sale	——	$3.51B+58.8%	——	$1.96B—	——
Noninterest Expense	——	$171.1M+10.7%	$156.89M+4.9%	$180.4M+4.9%	$167.24M+5.5%
Number of reportable segments	——	1—	——	——	——
Off-Balance Sheet, Credit Loss, Liability, Unfunded Loan Commitments	——	$0—	——	——	——
Off-Balance Sheet, Credit Loss, Liability, Writeoff	——	$99.29M-5.6%	——	$109.42M-5.2%	$27.88M-6.2%
Operating Expenses, Excluding Amortization Of Intangible Assets	——	$170.36M+10.9%	$156.09M+5.4%	$179.56M+5.1%	$166.35M+5.8%
Other comprehensive loss (Note 13)	——	$3.47M-81.9%	——	$26.46M-50.8%	-$2.54M-136%
Other Comprehensive Income Loss Before Tax	——	$2.78M-79.2%	——	$20.91M-44.4%	-$7.49M-249%
Net gains (losses) deferred	——	-$689K+88.1%	——	-$5.54M+65.6%	-$4.95M+46.5%
Cash flow hedges	——	$25K-78.8%	——	$263K+104%	$891K-70.6%
Cash flow hedges, Gain or (loss) reclassified from accumulated OCI into income	——	$714K-87.9%	——	$5.81M-40.3%	$5.84M-52.5%
Other comprehensive income (loss)	——	$2.08M-79.7%	——	$15.67M-45.0%	-$5.2M-243%
Tax expense (benefit)	——	$701K-77.6%	——	$5.25M-42.8%	-$2.29M-266%
Other Liabilities Reserve	——	$24M0.0%	——	$98M+6.5%	$53M+8.2%
Other Noncash Income (Expense)	——	$239K+106%	——	-$3.56M-9.5%	-$3.34M-25.6%
Payments For Proceeds From Other Interest Earning Assets	——	-$19K+98.7%	——	-$1.26M-133%	-$1.28M-5.9%
Payments for Repurchase of Common Stock	——	$290.66M+879%	$123.82M+163%	$143.52M+25.5%	$71.71M+17.5%
Payments of Ordinary Dividends, Common Stock	——	$25.6M-6.8%	$26.17M-4.3%	$26.9M+14.3%	$27.15M+13.0%
Payments of Ordinary Dividends, Preferred Stock and Preference Stock	——	$3.56M-10.1%	$3.8M-12.9%	$3.99M-14.1%	$3.97M-14.2%
Payments to Acquire Debt Securities, Available-for-Sale	——	$24.75M-35.2%	$11.07M-25.8%	$0-100%	$32.09M-6.2%
Payments To Acquire Trading Securities Held-For-Sale	——	$0-100%	——	——	——
Proceeds From Income Tax Refunds	——	$73K+284%	——	$5.01M—	$531K+112%
Proceeds From Issuance Of Unsecured Debt	——	$0-100%	——	——	——
Proceeds from sales and redemptions of investments in debt securities classified as available for sale	——	$43.22M-87.1%	$40.98M-53.2%	$34.65M-89.6%	$37.88M-71.1%
Repayments of Unsecured Debt	——	$0-100%	——	——	——
Stock-based compensation	——	$14.8M+11.5%	$9.02M+9.2%	$8.94M+6.7%	$9.34M-2.5%
Tax withholding obligation, shares withheld (in shares)	——	834.8K+0.5%	——	33.6K-3.9%	19.9K+144%
New issues (in shares)	——	2.2M-2.0%	——	222.7K-10.6%	128.8K+4.4%
Issuance of common shares	——	-$27K-103%	——	$3.7M+18.7%	$160K-45.2%
Value of shares repurchased	——	$291.26M+847%	——	$165.87M+43.8%	$69.72M+12.4%
Student Loans Acquired And Originated	——	$2.8B+0.7%	——	$2.96B+6.4%	$690.86M-1.1%
Third party broker fees paid	——	$5M—	——	$4M-33.3%	$0—
Average price paid (in dollars per share)	——	$21.71-30.6%	——	$32.21+43.7%	$29.42+40.0%
Average purchase price per share (in dollars per share)	——	$21.50-27.5%	——	$29.45+36.5%	$29.46+39.2%
Number of shares purchased (in shares)	——	12M+1,060%	——	5.6M+5.4%	2.4M-19.2%
Change in fair value of interest rate swap	——	$0-100%	——	——	——
Vertical risk retention interest	——	5%0.0%	——	——	——

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Questions, answered.

Is SLM profitable?: SLM reported $748.3M in net income over the trailing twelve months.
What is SLM's earnings per share?: SLM's diluted EPS over the trailing twelve months is $3.60.
Where does SLM's income statement data come from?: Every line is extracted from SLM's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.