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SLM SLM Business Segments — Noninterest Expense

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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$5.15B-22.4%
Enterprise value$6.44B-26.8%
P/E6.9×-8.1×

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 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
(Dollars in thousands)Three Months Ended March 31, 2026Three Months Ended March 31, 2025
Compensation and benefits$103,446$90,830
Professional fees28,76920,314
Technology expenses21,22618,341
FDIC assessment fees4,44112,403
Other operating expenses12,47911,700
Total operating expenses170,361153,588
Acquired intangible assets impairment and amortization expense7401,021
Total non-interest expenses$171,101$154,609

Item 1. Financial Statements

FAQ

What is SLM's business segments — noninterest expense?
SLM (SLM) reported business segments — noninterest expense of $171.1M in Q1 2026.
How has SLM's business segments — noninterest expense changed year-over-year?
SLM's business segments — noninterest expense increased by 10.7% year-over-year, from $154.61M to $171.1M.
What is the long-term trend for SLM's business segments — noninterest expense?
Over 3 years (2022 to 2025), SLM's business segments — noninterest expense has grown at a 5.6% compound annual growth rate (CAGR), from $559.24M to $659.14M.
What does business segments — noninterest expense mean?
This metric encompasses all operating expenses for the reportable segment excluding interest-related costs. It provides a comprehensive view of the segment's total overhead, including personnel, technology, and administrative burdens. It is a critical component in calculating the efficiency ratio and assessing the segment's overall cost-to-income profile.

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