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SLM SLM Interest Expense

Interest Expense at other companies

PNC Financial Services logo
PNC Financial ServicesPNC
$2.48B-6.4%
Citizens Financial Group logo
Citizens Financial GroupCFG
$858M-10.7%
Nelnet logo
NelnetNNI
$109.58M-12.4%
SoFi Technologies, Inc. logo
SoFi Technologies, Inc.SOFI
$308.01M+16.2%
Simmons First National logo
Simmons First NationalSFNC
$104.65M-27.5%
HOM
Home BancSharesHOMB
$87.12M-11.0%

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 us-gaap:InterestExpenseOperating.

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 interest expense?
SLM (SLM) reported interest expense of $273.9M in Q1 2026.
How has SLM's interest expense changed year-over-year?
SLM's interest expense decreased by 2.6% year-over-year, from $281.12M to $273.9M.
What is the long-term trend for SLM's interest expense?
Over 4 years (2021 to 2025), SLM's interest expense has grown at a 31.0% compound annual growth rate (CAGR), from $382.08M to $1.13B.
What does interest expense mean?
Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.