See more : Xi S&D Inc. (317400.KS) Income Statement Analysis – Financial Results
Complete financial analysis of SLM Corporation (SLM) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of SLM Corporation, a leading company in the Financial – Credit Services industry within the Financial Services sector.
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SLM Corporation (SLM)
About SLM Corporation
SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It also offers retail deposit accounts, including certificates of deposit, money market deposit accounts, and high-yield savings accounts; and omnibus accounts, as well as credit card loans. It serves students and families through financial aid, federal loans, and student and family resources. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.46B | 1.82B | 2.03B | 1.81B | 1.67B | 1.36B | 1.13B | 960.15M | 885.09M | 735.76M | 4.05B | 3.55B | 3.36B | 4.50B | 3.11B | 1.78B | 2.09B | 3.63B | 3.46B | 3.78B | 3.14B | 2.23B | 1.84B | 1.33B | 1.14B | 1.14B | 1.26B | 1.01B | 673.00M | 709.10M | 936.80M | 802.70M | 559.20M | 478.90M | 417.60M | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | 573.44M | 530.52M | 495.29M | 233.64M | 263.17M | 271.84M | 206.35M | 182.20M | 349.10M | 274.88M | 1.04B | 996.00M | 1.10B | 1,207.70B | 1.26B | 0.00 | 773.86M | 703.21M | 625.02M | 497.17M | 0.00 | 376.38B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 890.43M | 1.29B | 1.53B | 1.58B | 1.41B | 1.09B | 919.97M | 777.95M | 536.00M | 460.88M | 3.01B | 2.55B | 2.26B | -1,203.20B | 1.85B | 1.78B | 1.31B | 2.93B | 2.83B | 3.29B | 3.14B | -374.15B | 1.84B | 1.33B | 1.14B | 1.14B | 1.26B | 1.01B | 673.00M | 709.10M | 936.80M | 802.70M | 559.20M | 478.90M | 417.60M | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit Ratio | 60.83% | 70.91% | 75.57% | 87.10% | 84.26% | 80.03% | 81.68% | 81.02% | 60.56% | 62.64% | 74.29% | 71.94% | 67.21% | -26,728.57% | 59.62% | 100.00% | 62.89% | 80.62% | 81.93% | 86.86% | 100.00% | -16,750.17% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Research & Development | 0.00 | 0.27 | 0.65 | 0.50 | 0.31 | 0.30 | 0.34 | 0.36 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 372.32M | 291.29M | 281.69M | 304.45M | 311.08M | 285.13M | 242.27M | 203.21M | 158.98M | 129.71M | 504.00M | 491.00M | 521.00M | 561.13M | 549.14M | 610.02M | 773.86M | 703.21M | 625.02M | 497.17M | 435.93M | 376.38M | 362.90M | 280.89M | 184.10M | 189.90M | 224.60M | 0.00 | 74.70M | 68.00M | 62.30M | 54.80M | 52.90M | 48.80M | 44.20M | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 372.32M | 291.29M | 281.69M | 304.45M | 311.08M | 285.13M | 242.27M | 203.21M | 158.98M | 129.71M | 504.00M | 491.00M | 521.00M | 561.13M | 549.14M | 610.02M | 773.86M | 703.21M | 625.02M | 497.17M | 435.93M | 376.38M | 362.90M | 280.89M | 184.10M | 189.90M | 224.60M | 0.00 | 74.70M | 68.00M | 62.30M | 54.80M | 52.90M | 48.80M | 44.20M | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | 0.00 | 551.46M | -768.64M | -961.89M | -1.24B | 1.04B | 700.73M | 528.80M | 409.03M | 326.29M | -75.00M | -75.00M | 4.20B | 5.04B | 4.72B | 3.13B | 8.82B | 6.05B | 3.77B | 1.12B | 256.68B | 689.77B | 525.07M | 1.93B | 1.53B | 1.33B | 1.79B | 2.17B | 2.91B | 1.93B | 1.17B | 1.56B | 2.42B | 2.90B | 2.64B | 225.10M | 181.00M | 144.60M | 123.30M |
| Operating Expenses | 372.32M | 551.46M | -486.95M | -657.44M | -928.50M | 1.32B | 943.00M | 732.00M | 568.00M | 456.00M | 429.00M | 416.00M | 4.72B | 5.60B | 5.27B | 3.74B | 9.59B | 6.76B | 4.40B | 1.12B | 256.68B | 689.77B | 887.98M | 2.21B | 1.71B | 1.52B | 2.02B | 2.17B | 2.99B | 2.00B | 1.23B | 1.62B | 2.47B | 2.95B | 2.68B | 225.10M | 181.00M | 144.60M | 123.30M |
| Cost & Expenses | 372.32M | 551.46M | -486.95M | -657.44M | -928.50M | 1.32B | 654.97M | 567.61M | 698.19M | 549.76M | 2.08B | 1.99B | 2.20B | 2,415.40B | 4.28B | 3.74B | 2.33B | 2.05B | 1.76B | 1.61B | 256.68B | 1,066.15B | 887.98M | 2.21B | 1.71B | 1.52B | 2.02B | 2.17B | 2.99B | 2.00B | 1.23B | 1.62B | 2.47B | 2.95B | 2.68B | 225.10M | 181.00M | 144.60M | 123.30M |
| Interest Income | 2.59B | 2.03B | 1.78B | 2.02B | 2.33B | 1.94B | 1.44B | 1.08B | 831.12M | 674.29M | 5.38B | 5.77B | 5.93B | 5.75B | 4.76B | 7.27B | 8.67B | 6.58B | 4.51B | 2.73B | 2.35B | 2.21B | 3.00B | 3.48B | 2.81B | 2.59B | 3.28B | 3.44B | 3.69B | 2.85B | 2.42B | 0.00 | 3.12B | 3.50B | 3.17B | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 1.03B | 542.80M | 382.08M | 541.67M | 707.72M | 522.29M | 308.08M | 185.91M | 128.62M | 95.82M | 2.21B | 2.56B | 2.40B | 2.27B | 3.04B | 5.91B | 7.09B | 5.12B | 3.06B | 1.43B | 1.02B | 1.20B | 2.12B | 2.84B | 2.11B | 1.93B | 2.53B | 2.58B | 3.02B | 2.14B | 1.48B | 1.81B | 2.56B | 3.02B | 2.75B | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 84.18M | 1.56B | 687.69M | 984.70M | 1.63B | 1.32B | 944.54M | 744.39M | 1.48M | 5.29M | 13.00M | 19.00M | 24.00M | 698.90M | 3.12B | 0.00 | 253.35M | 2.59B | 2.42B | 2.87B | 0.00 | -1,143.18B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | 1.13B | 0.00 | 762.91M | 1.25B | 758.41M | 0.00 | 503.11M | 424.93M | 132.93M | 124.53M | 0.00 | 3.87B | 919.00M | 659.90M | 0.00 | 5.68B | 8.11B | 4.53B | 2.75B | 3.99B | 3.33B | 2.43B | 2.73B | 3.54B | 2.86B | 2.66B | 3.28B | 0.00 | 0.00 | 2.71B | 2.17B | 2.42B | 3.03B | 3.42B | 3.10B | 225.10M | 181.00M | 144.60M | 123.30M |
| EBITDA Ratio | 77.36% | 35.39% | 76.77% | 64.54% | 45.35% | 80.48% | 72.02% | 63.62% | 65.15% | 59.72% | 108.66% | 112.62% | 100.92% | 88.79% | 115.73% | 309.71% | 316.57% | 196.07% | 149.47% | 105.44% | 106.26% | 108.61% | 148.17% | 266.11% | 249.49% | 233.79% | 260.37% | 313.80% | 543.60% | 382.43% | 231.73% | 301.53% | 542.19% | 715.01% | 742.07% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | 1.09B | 637.55M | 1.54B | 1.15B | 743.74M | 1.08B | 782.33M | 509.64M | 132.93M | 124.53M | 1.31B | 936.00M | 599.00M | 597.53B | 482.68M | 5.53B | 6.35B | 4.53B | 2.75B | 1.12B | 3.33B | 1,145.61B | 2.73B | 3.54B | 2.86B | 2.66B | 3.28B | 3.18B | 3.66B | 2.71B | 2.17B | 2.42B | 3.03B | 3.42B | 3.10B | 225.10M | 181.00M | 144.60M | 123.30M |
| Operating Income Ratio | 74.57% | 34.96% | 75.98% | 63.71% | 44.48% | 79.46% | 69.46% | 53.08% | 15.02% | 16.93% | 32.35% | 26.37% | 17.85% | 13,273.87% | 15.52% | 309.71% | 304.42% | 124.78% | 79.42% | 29.60% | 106.26% | 51,287.44% | 148.17% | 266.11% | 249.49% | 233.79% | 260.37% | 313.80% | 543.60% | 382.43% | 231.73% | 301.53% | 542.19% | 715.01% | 742.07% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | -313.25M | -267.95M | 777.36M | -95.93M | 0.00 | 0.00 | -206.82M | -173.11M | 306.14M | 209.22M | 1.50B | -2.42B | 29.00M | 492.77M | 238.36M | -5.41B | -3.00B | 4.81B | 4.80B | -269.11M | 255.72B | -365.11B | -348.17M | 1.58B | 1.31B | 1.12B | 1.51B | 4.91B | 2.82B | 1.86B | 987.30M | 1.42B | 2.38B | 2.87B | 2.61B | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax | 778.30M | 630.73M | 1.54B | 1.15B | 743.74M | 559.33M | 491.47M | 414.44M | 439.06M | 333.75M | 2.09B | 1.43B | 927.00M | 1.09B | 721.04M | -376.27M | -481.80M | 2.00B | 2.11B | 2.56B | 2.18B | 1.22B | 607.32M | 700.90M | 740.90M | 739.50M | 750.80M | 602.90M | 507.60M | 569.30M | 690.10M | 608.20M | 469.40M | 400.10M | 347.80M | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | 53.17% | 34.59% | 75.98% | 63.71% | 44.48% | 41.09% | 43.63% | 43.16% | 49.61% | 45.36% | 51.49% | 40.38% | 27.63% | 24.22% | 23.19% | -21.09% | -23.10% | 54.99% | 61.03% | 67.55% | 69.56% | 54.77% | 32.94% | 52.72% | 64.73% | 64.89% | 59.65% | 59.50% | 75.42% | 80.28% | 73.67% | 75.77% | 83.94% | 83.55% | 83.29% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 196.91M | 161.71M | 379.75M | 273.32M | 165.46M | 71.85M | 202.53M | 164.11M | 164.78M | 139.97M | 776.00M | 497.00M | 328.00M | 492.77M | 238.36M | -167.57M | 412.28M | 834.31M | 728.77M | 642.69M | 779.38M | 431.40M | 223.32M | 235.88M | 240.10M | 238.00M | 242.90M | 183.50M | 141.30M | 166.50M | 260.00M | 214.30M | 124.30M | 99.20M | 90.20M | -225.10M | -181.00M | -144.60M | -123.30M |
| Net Income | 581.39M | 469.01M | 1.16B | 880.69M | 578.28M | 487.48M | 288.93M | 250.33M | 274.28M | 194.22M | 1.42B | 939.00M | 633.00M | 530.38M | 324.14M | -212.63M | -896.39M | 1.16B | 1.38B | 1.91B | 1.53B | 792.00M | 384.00M | 465.02M | 500.80M | 501.50M | 507.90M | 419.40M | 496.40M | 402.80M | 430.10M | 393.90M | 345.10M | 300.90M | 257.60M | 225.10M | 181.00M | 144.60M | 123.30M |
| Net Income Ratio | 39.72% | 25.72% | 57.25% | 48.62% | 34.58% | 35.81% | 25.65% | 26.07% | 30.99% | 26.40% | 34.99% | 26.46% | 18.87% | 11.78% | 10.43% | -11.92% | -42.99% | 31.89% | 39.96% | 50.56% | 48.87% | 35.46% | 20.83% | 34.98% | 43.75% | 44.00% | 40.35% | 41.39% | 73.76% | 56.80% | 45.91% | 49.07% | 61.71% | 62.83% | 61.69% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | 2.44 | 1.78 | 3.67 | 2.27 | 1.35 | 1.12 | 0.67 | 0.59 | 0.64 | 0.46 | 3.23 | 1.97 | 1.22 | 1.09 | 0.69 | -0.46 | -2.17 | 2.82 | 3.30 | 4.39 | 3.39 | 1.71 | 0.80 | 0.97 | 1.04 | 1.00 | 0.93 | 0.96 | 0.70 | 0.48 | 0.47 | 0.41 | 0.35 | 0.29 | 0.25 | 0.21 | 0.17 | 0.13 | 0.11 |
| EPS Diluted | 2.41 | 1.76 | 3.61 | 2.25 | 1.34 | 1.11 | 0.66 | 0.58 | 0.63 | 0.45 | 3.16 | 1.94 | 1.21 | 1.09 | 0.69 | -0.46 | -2.17 | 2.56 | 3.00 | 4.02 | 3.31 | 1.66 | 0.78 | 0.94 | 1.02 | 0.98 | 0.93 | 0.95 | 0.70 | 0.48 | 0.47 | 0.41 | 0.35 | 0.29 | 0.25 | 0.21 | 0.17 | 0.13 | 0.11 |
| Weighted Avg Shares Out | 231.41M | 258.44M | 314.99M | 383.71M | 427.29M | 435.05M | 431.22M | 427.88M | 425.57M | 423.97M | 439.62M | 476.12M | 517.00M | 487.00M | 471.00M | 466.64M | 412.23M | 410.81M | 418.37M | 436.13M | 452.04M | 461.83M | 477.23M | 478.45M | 481.73M | 503.05M | 544.66M | 438.57M | 708.04M | 840.41M | 912.65M | 965.72M | 984.51M | 1.03B | 1.03B | 1.05B | 1.08B | 1.13B | 1.14B |
| Weighted Avg Shares Out (Dil) | 234.06M | 261.50M | 319.91M | 387.20M | 430.67M | 439.68M | 438.55M | 432.92M | 432.23M | 432.27M | 449.00M | 482.89M | 523.00M | 488.00M | 472.00M | 466.64M | 412.23M | 451.17M | 460.26M | 475.79M | 463.34M | 475.91M | 490.20M | 493.07M | 489.47M | 510.20M | 548.82M | 440.67M | 708.04M | 840.41M | 912.65M | 965.72M | 984.51M | 1.03B | 1.03B | 1.05B | 1.08B | 1.13B | 1.14B |
Sallie Mae Provides Tips and Tools to Help Students and Families Access Scholarships This National Scholarship Month
NEWARK, Del.--(BUSINESS WIRE)--November is National Scholarship Month, an ideal time for students and families to explore scholarship opportunities. The key is knowing where to find them, and when, and how to apply. While research from Sallie Mae and Ipsos confirms...
Sallie Mae Commemorates Veterans Day With $50,000 Grant to Folds Of Honor
NEWARK, Del.--(BUSINESS WIRE)--In honor of Veterans Day, The Sallie Mae Fund today announced a $50,000 grant to Folds of Honor, reinforcing its commitment to military servicemembers and their families. The grant will specifically support scholarships for the children and families...
Sallie Mae Awards $400,000 in Scholarships to Support Access to Higher Education
NEWARK, Del.--(BUSINESS WIRE)--In celebration of National Scholarship Month, Sallie Mae today announced the newest recipients of its Bridging the Dream Scholarship. This year, 40 outstanding high school students from across the country, who excelled both inside and outside the classroom—and...
Sallie Mae Q3 Loss Widens on Lower NII & Higher Expenses, Stock Dips
SLM's third-quarter 2024 results reflect a decline in NII and a rise in expenses. Higher loan originations and lower provisions are positives.
SLM Corporation (SLM) Q3 2024 Earnings Call Transcript
SLM Corporation (NASDAQ:SLM ) Q3 2024 Earnings Conference Call October 23, 2024 5:30 PM ET Company Participants Melissa Bronaugh - VP & Head, Investor Relations Jon Witter - CEO & Director Pete Graham - EVP & CFO Conference Call Participants...
Sallie Mae (SLM) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Sallie Mae (SLM) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street...
Sallie Mae (SLM) Reports Q3 Loss, Misses Revenue Estimates
Sallie Mae (SLM) came out with a quarterly loss of $0.23 per share versus the Zacks Consensus Estimate of $0.07. This compares to earnings of $0.11 per share a year ago.
Sallie Mae Reports Third-Quarter 2024 Financial Results and Increases Dividend on Common Stock for Fourth-Quarter 2024
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released third-quarter 2024 financial results. Complete financial results and related materials are available at www.SallieMae.com/investors. The materials will also be available on the Securities and Exchange Commission's website at www.sec.gov....
Sallie Mae (SLM) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Besides Wall Street's top -and-bottom-line estimates for Sallie Mae (SLM), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.
Earnings Preview: Sallie Mae (SLM) Q3 Earnings Expected to Decline
Sallie Mae (SLM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Source: https://incomestatements.info
Category: Stock Reports