SLM (SLMBP.PFD) Allowance For Loans And Lease Losses : $-1,350.06 Mil (As of Mar. 2024)

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What is SLM Allowance For Loans And Lease Losses?

SLM's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was $-1,350.06 Mil.

SLM's quarterly Allowance For Loans And Lease Losses increased from Sep. 2023 ($-1,416.05 Mil) to Dec. 2023 ($-1,339.77 Mil) but then declined from Dec. 2023 ($-1,339.77 Mil) to Mar. 2024 ($-1,350.06 Mil).

SLM's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-1,165.34 Mil) to Dec. 2022 ($-1,357.08 Mil) but then increased from Dec. 2022 ($-1,357.08 Mil) to Dec. 2023 ($-1,339.77 Mil).

SLM Allowance For Loans And Lease Losses Historical Data

The historical data trend for SLM's Allowance For Loans And Lease Losses 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 Allowance For Loans And Lease Losses Chart

SLM Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-441.91

-1,361.72

-1,165.34

-1,357.08

-1,339.77

SLM Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-1,479.31	-1,364.72	-1,416.05	-1,339.77	-1,350.06

SLM Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

SLM Allowance For Loans And Lease Losses Related Terms

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SLM (SLMBP.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » SLM Corp (NAS:SLMBP.PFD) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

SLM:USA SM1:Germany

Address

300 Continental Drive, Newark, DE, USA, 19713

Website

https://www.salliemae.com

SLM Corp is the largest student lender in the country. It makes and holds student loans through the guaranteed Federal Family Education Loan Program as well as through private channels. It also engages in debt-management operations, including accounts receivable and collections services, and runs college savings programs.