What is SLM's noninterest expense?

SLM (SLM) reported noninterest expense of $171.1M in Q1 2026.

How has SLM's noninterest expense changed year-over-year?

SLM's noninterest expense increased by 10.7% year-over-year, from $154.61M to $171.1M.

What is the long-term trend for SLM's noninterest expense?

Over 4 years (2021 to 2025), SLM's noninterest expense has grown at a 6.1% compound annual growth rate (CAGR), from $519.91M to $659.14M.

SLM (SLM) Noninterest Expense — Quarterly & Annual

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Segments

By segment

See full

Reportable Segment$171.1M+10.7%

Other financials

Income statement

See full

Net income$308.0M+1.1%

EPS (diluted)$1.54+10.0%

Balance sheet

See full

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

See full

Operating cash flow-$76.0M+48.0%

Valuation

See full

Market cap$5.15B-22.4%

Enterprise value$6.44B-26.8%

P/E6.9×-8.1×

Returns & leverage

See full

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 us-gaap:NoninterestExpense.

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
Other operating expenses	62,474	50,355
Total operating expenses	170,361	153,588
Acquired intangible assets amortization expense	740	1,021
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

Item 1. Financial Statements

FAQ

What is SLM's noninterest expense?: SLM (SLM) reported noninterest expense of $171.1M in Q1 2026.
How has SLM's noninterest expense changed year-over-year?: SLM's noninterest expense increased by 10.7% year-over-year, from $154.61M to $171.1M.
What is the long-term trend for SLM's noninterest expense?: Over 4 years (2021 to 2025), SLM's noninterest expense has grown at a 6.1% compound annual growth rate (CAGR), from $519.91M to $659.14M.