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SLM SLM Net Income
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Where this comes from
Reported directly by SLM in its filing.
Tagged under the XBRL concept us-gaap:NetIncomeLoss.
The source filing: SLM’s 10-Q, filed April 23, 2026.
- Filed
- Apr 23, 2026, 4:33 PM EDT
- Fiscal quarter
- Q4 FY2026
- Calendar quarter
- Q4 2026
- Accession
- 0001032033-26-000025
| CONSOLIDATED STATEMENTS OF INCOME (Unaudited) / (Dollars in thousands, except per share amounts) | Three Months Ended March 31, 2026 | Three Months Ended March 31, 2025 |
|---|---|---|
| Total non-interest expenses | 171,101 | 154,609 |
| Income before income tax expense | 400,353 | 403,119 |
| Income tax expense | 92,399 | 98,579 |
| Net income | 307,954 | 304,540 |
| Preferred stock dividends | 3,555 | 3,956 |
| Net income attributable to SLM Corporation common stock | $304,399 | $300,584 |
| Basic earnings per common share | $1.56 | $1.43 |
| Average common shares outstanding | 195,460 | 210,682 |
Item 1. Financial Statements
FAQ
- What is SLM's net income?
- SLM (SLM) reported net income of $307.95M in Q1 2026.
- How has SLM's net income changed year-over-year?
- SLM's net income increased by 1.1% year-over-year, from $304.54M to $307.95M.
- What is the long-term trend for SLM's net income?
- Over 4 years (2021 to 2025), SLM's net income has grown at a -10.5% compound annual growth rate (CAGR), from $1.16B to $744.85M.
- What does net income mean?
- The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.
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