SLM (SLM) Net Interest Income (for Banks)

: $1,562 Mil (As of Dec. 2023)

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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 Dec. 2023 was $386 Mil. Its net interest income for the trailing twelve months (TTM) ended in Dec. 2023 was $1,562 Mil.

SLM's quarterly net interest income declined from Jun. 2023 ($387 Mil) to Sep. 2023 ($385 Mil) but then increased from Sep. 2023 ($385 Mil) to Dec. 2023 ($386 Mil).

SLM's annual net interest income increased from Dec. 2021 ($1,395 Mil) to Dec. 2022 ($1,489 Mil) and increased from Dec. 2022 ($1,489 Mil) to Dec. 2023 ($1,562 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.

* Premium members only.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 1,623.32 [6] => 1,479.99 [7] => 1,394.77 [8] => 1,488.78 [9] => 1,562.21 )

SLM Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Interest Income (for Banks)

1,623.32

1,479.99

1,394.77

1,488.78

1,562.21

SLM Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Interest Income (for Banks)																381.43	405.07	386.63	384.63	385.89

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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,562 Mil.

SLM (SLM) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

SLMBP.PFD: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.

Executives

Peter M Graham	officer: EVP	150 CORPORATE BLVD, NORFOLK VA 23502
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
Steven Mcgarry	officer: Chief Financial Officer	300 CONTINENTAL DRIVE, NEWARK DE 19713
Richard Scott Blackley	director	1680 CAPITAL ONE DRIVE, MCLEAN VA 22102
Samuel Theron Ramsey	director	6612 SAIN MILLING ROAD, VALE NC 28168
Robert S. Strong	director	300 CONTINENTAL DR., NEWARK DE 19713
Ted Manvitz	director	300 CONTINENTAL DRIVE, NEWARK DE 19713
Franke Mary Carter Warren	director	300 CONTINENTAL DRIVE, NEWARK DE 19713
Kerri A. Palmer	officer: EVP & Chief Risk and Comp Off	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
Earl A Goode	director	300 CONTINENTAL DRIVE, NEWARKD DE 19713