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SLM SLM Business Segments — Technology expenses

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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-22.3%
Enterprise value$6.43B-26.7%
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:InformationTechnologyAndDataProcessing.

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
Non-interest expenses:
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

Item 1. Financial Statements

FAQ

What is SLM's business segments — technology expenses?
SLM (SLM) reported business segments — technology expenses of $21.23M in Q1 2026.
How has SLM's business segments — technology expenses changed year-over-year?
SLM's business segments — technology expenses increased by 15.7% year-over-year, from $18.34M to $21.23M.
What is the long-term trend for SLM's business segments — technology expenses?
Over 3 years (2022 to 2025), SLM's business segments — technology expenses has grown at a 16.1% compound annual growth rate (CAGR), from $48.56M to $76.06M.
What does business segments — technology expenses mean?
This metric measures the costs incurred by the reportable segment for software, hardware, data processing, and digital infrastructure maintenance. It reflects the segment's investment in technological capabilities to support loan processing, customer service, and operational efficiency. Increasing trends often indicate a strategic focus on digital transformation and platform modernization.

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