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SLM SLM Monthly payment that is smaller than the interest accrued on the loan in that month

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$4.34B-31.4%
Enterprise value$5.63B-34.6%
P/E5.8×-4.3×

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:FixedPayLoanMonthlyPaymentAmountBelowMonthlyAccruedInterest.

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

Questions, answered.

What is SLM's monthly payment that is smaller than the interest accrued on the loan in that month?
SLM (SLM) reported monthly payment that is smaller than the interest accrued on the loan in that month of $25 in Q1 2026.
How has SLM's monthly payment that is smaller than the interest accrued on the loan in that month changed year-over-year?
SLM's monthly payment that is smaller than the interest accrued on the loan in that month decreased by 0.0% year-over-year, from $25 to $25.