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SLM SLM Total Interest Expense

Total Interest Expense at other companies

Citizens Financial Group logo
Citizens Financial GroupCFG
$139M-12.0%
SoFi Technologies, Inc. logo
SoFi Technologies, Inc.SOFI
$287.23M+27.4%
Simmons First National logo
Simmons First NationalSFNC
$97.6M-25.2%
HOM
Home BancSharesHOMB
$79.15M-8.8%
Community Financial System logo
Community Financial SystemCBU
$39.37M+0.2%
Eastern Bankshares, Inc. logo
Eastern Bankshares, Inc.EBC
$90.44M+19.0%

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 us-gaap:InterestExpenseLongTermDebt.

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 total interest expense?
SLM (SLM) reported total interest expense of $68.16M in Q1 2026.
How has SLM's total interest expense changed year-over-year?
SLM's total interest expense decreased by 7.4% year-over-year, from $73.58M to $68.16M.
What is the long-term trend for SLM's total interest expense?
Over 4 years (2021 to 2025), SLM's total interest expense has grown at a 22.0% compound annual growth rate (CAGR), from $137.76M to $305.22M.
What does total interest expense mean?
This represents the total cost incurred by the institution on deposits, borrowings, and other interest-bearing liabilities used to fund its loan portfolio. It is a primary indicator of the company's cost of capital and funding efficiency. Managing this expense is critical for maintaining healthy net interest margins in a competitive lending environment.