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SLM SLM Low income housing tax credit investments, expected tax benefits recognized

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:AffordableHousingTaxCreditsAndOtherTaxBenefitsPercentage.

The official record: SLM’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

Questions, answered.

What is SLM's low income housing tax credit investments, expected tax benefits recognized?
SLM (SLM) reported low income housing tax credit investments, expected tax benefits recognized of 25% in Q1 2026.