SLM (SLM) Net Interest Income (for Banks) : $1,469 Mil (As of Mar. 2025)

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What is SLM Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. SLM's net interest income for the three months ended in Mar. 2025 was $375 Mil. Its net interest income for the trailing twelve months (TTM) ended in Mar. 2025 was $1,469 Mil.

SLM's quarterly net interest income increased from Sep. 2024 ($359 Mil) to Dec. 2024 ($362 Mil) and increased from Dec. 2024 ($362 Mil) to Mar. 2025 ($375 Mil).

SLM's annual net interest income increased from Dec. 2022 ($1,489 Mil) to Dec. 2023 ($1,562 Mil) but then declined from Dec. 2023 ($1,562 Mil) to Dec. 2024 ($1,481 Mil).

SLM Net Interest Income (for Banks) Historical Data

The historical data trend for SLM's Net Interest Income (for Banks) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SLM Net Interest Income (for Banks) Chart

SLM Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Net Interest Income (for Banks)

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1,479.99

1,394.77

1,488.78

1,562.21

1,480.78

SLM Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Net Interest Income (for Banks)	Get a 7-Day Free Trial															387.02	372.17	359.40	362.19	374.97

SLM Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,469 Mil.

SLM Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » SLM Corp (NAS:SLM) » Definitions » Net Interest Income (for Banks)

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Traded in Other Exchanges

SLMBP.PFD:USA SM1:Germany SM1:Germany

Address

300 Continental Drive, Newark, DE, USA, 19713

Website

https://www.salliemae.com

SLM Corp is an education solutions company. It business is to originate and service loans to students and their families to finance the cost of their education. The provide Private Education Loans to mean education loans to students or their families that are not made, insured, or guaranteed by any state or federal government.

Executives

Robert S. Strong	director	300 CONTINENTAL DR., NEWARK DE 19713
Kerri A. Palmer	officer: EVP & Chief Risk and Comp Off	300 CONTINENTAL DRIVE, NEWARK DE 19713
Donna F Vieira	officer: EVP & Chief Marketing Officer	300 CONTINENTAL DRIVE, NEWARK DE 19713
Ted Manvitz	director	300 CONTINENTAL DRIVE, NEWARK DE 19713
Richard Scott Blackley	director	1680 CAPITAL ONE DRIVE, MCLEAN VA 22102
Nicolas Jafarieh	officer: SVP, General Counsel	SLM CORPORATION, 300 CONTINENTAL DRIVE, NEWARK DE 19713
Munish Pahwa	officer: Chief Risk Officer	300 CONTINENTAL DRIVE, NEWARK DE 19713
Jonathan Boyles	officer: SVP & Controller	300 CONTINENTAL DRIVE., NEWARK DE 19713
Peter M Graham	officer: EVP	150 CORPORATE BLVD, NORFOLK VA 23502
Steven Mcgarry	officer: Chief Financial Officer	300 CONTINENTAL DRIVE, NEWARK DE 19713
Samuel Theron Ramsey	director	6612 SAIN MILLING ROAD, VALE NC 28168
Franke Mary Carter Warren	director	300 CONTINENTAL DRIVE, NEWARK DE 19713
Paul F Thome	officer: EVP & Chief Admin Officer	300 CONTINENTAL DRIVE, NEWARK DE 19713
Daniel P Kennedy	officer: SVP, Chief Operational Officer	300 CONTINENTAL DRIVE, NEWARK DE 19713
Jonathan W. Witter	director, officer: CEO	1680 CAPITAL ONE DRIVE, MCLEAN VA 22102