What is SLM's loans held for sale?

SLM (SLM) reported loans held for sale of $236.05M in Q1 2026.

What is the long-term trend for SLM's loans held for sale?

Over 5 years (2020 to 2025), SLM's loans held for sale has grown at a -20.2% compound annual growth rate (CAGR), from $2.89B to $933.26M.

What does loans held for sale mean?

Originated mortgage loans intended for sale into the secondary market, carried at fair value or lower of cost/market.

SLM SLM Loans held for sale

Loans held for sale at other companies

PNC Financial ServicesPNC

$1.33B+7.8%

Citizens Financial GroupCFG

$1.54B-45.5%

SoFi Technologies, Inc.SOFI

$25.45B+39.7%

Simmons First NationalSFNC

$14.31M+71.4%

Eastern Bankshares, Inc.EBC

$25.81M+220%

TFS FinancialTFSL

$5.05M-13.0%

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$4.38B-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 us-gaap:LoansReceivableHeldForSaleNetNotPartOfDisposalGroup.

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 loans held for sale?: SLM (SLM) reported loans held for sale of $236.05M in Q1 2026.
What is the long-term trend for SLM's loans held for sale?: Over 5 years (2020 to 2025), SLM's loans held for sale has grown at a -20.2% compound annual growth rate (CAGR), from $2.89B to $933.26M.
What does loans held for sale mean?: Originated mortgage loans intended for sale into the secondary market, carried at fair value or lower of cost/market.