What is SLM's net addition to the allowance for credit losses?

SLM (SLM) reported net addition to the allowance for credit losses of $35M in Q1 2026.

How has SLM's net addition to the allowance for credit losses changed year-over-year?

SLM's net addition to the allowance for credit losses increased by 218.2% year-over-year, from $11M to $35M.

Independent Bank CorpINDB

——

Net income$308.0M+1.1%

EPS (diluted)$1.54+10.0%

Cash & equivalents$5.4B+39.1%

Total debt$6.7B+8.5%

Total equity$2.4B+1.5%

Total assets$29.4B+1.8%

Operating cash flow-$76.0M+48.0%

Market cap$4.34B-31.4%

Enterprise value$5.63B-34.6%

P/E5.8×-4.3×

Return on equity30.9%+3.3pp

Debt / equity2.7×+0.2×

Reported directly by SLM in its filing.

Tagged under the XBRL concept us-gaap:FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease.

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

Connect your AI assistant and compare it to peers, right in your chat.

What is SLM's net addition to the allowance for credit losses?: SLM (SLM) reported net addition to the allowance for credit losses of $35M in Q1 2026.
How has SLM's net addition to the allowance for credit losses changed year-over-year?: SLM's net addition to the allowance for credit losses increased by 218.2% year-over-year, from $11M to $35M.