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SLM SLM Less: provisions for credit losses

Less: provisions for credit losses at other companies

Prosperity Bancshares logo
Prosperity BancsharesPB
$0
Nelnet logo
NelnetNNI
$53.24M+247%
Hancock Whitney Corporation logo
Hancock Whitney CorporationHWC
$13.17M+25.9%
WEX logo
WEXWEX
$29.3M+84.3%
United Community Banks logo
United Community BanksUCB
$10.85M-29.6%
Axos Financial logo
Axos FinancialAX
$41M+183%

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:FinancingReceivableAndOffBalanceSheetExcludingAccruedInterestCreditLossExpenseReversal.

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 less: provisions for credit losses?
SLM (SLM) reported less: provisions for credit losses of -$11.47M in Q1 2026.
How has SLM's less: provisions for credit losses changed year-over-year?
SLM's less: provisions for credit losses decreased by 149.2% year-over-year, from $23.29M to -$11.47M.
What is the long-term trend for SLM's less: provisions for credit losses?
Over 4 years (2021 to 2025), SLM's less: provisions for credit losses has grown at a 80.7% compound annual growth rate (CAGR), from -$32.96M to $351.47M.
What does less: provisions for credit losses mean?
This represents the non-cash charge taken against earnings to account for expected future losses on the loan portfolio. It reflects management's assessment of credit risk and the adequacy of the allowance for loan losses. A higher provision indicates an expectation of deteriorating credit quality or portfolio growth.