What is SLM's provision for credit losses?

SLM (SLM) reported provision for credit losses of $45.92M in Q1 2026.

How has SLM's provision for credit losses changed year-over-year?

SLM's provision for credit losses increased by 3.3% year-over-year, from $44.46M to $45.92M.

What does provision for credit losses mean?

Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.

SLM SLM Provision for Credit Losses

Provision for Credit Losses at other companies

SoFi Technologies, Inc.SOFI

$8.9M+56.7%

Simmons First NationalSFNC

$14.62M-45.4%

Community Financial SystemCBU

$5.64M-15.8%

Eastern Bankshares, Inc.EBC

$5.76M-12.8%

TFS FinancialTFSL

$876K-59.8%

Independent Bank CorpINDB

$5.78M-86.0%

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$4.34B-31.4%

Enterprise value$5.63B-34.6%

P/E5.8×-4.3×

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:OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal.

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 provision for credit losses?: SLM (SLM) reported provision for credit losses of $45.92M in Q1 2026.
How has SLM's provision for credit losses changed year-over-year?: SLM's provision for credit losses increased by 3.3% year-over-year, from $44.46M to $45.92M.
What does provision for credit losses mean?: Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.