SLM (SLM) Total Noninterest Expense: $676 Mil (As of Mar. 2026)


SLM SLM Corp SLM
72 GF Score
Price $24.95
GF Value $23.54
Valuation Fairly Valued
! 2 Warning Signs
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What is SLM Total Noninterest Expense?

SLM SLM +0.91% 72 Total Noninterest Expense is $676 Mil as of Mar. 2026. GuruFocus rates SLM with a GF Score™ of 72/100 and a GF Value™ of $23.54 (Fairly Valued). The stock has 2 warning signs investors should review.

SLM's Total Noninterest Expense for the three months ended in Mar. 2026 was $171 Mil. SLM's Total Noninterest Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $676 Mil.

SLM Total Noninterest Expense Related Terms

SLM Total Noninterest Expense Historical Data

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The historical data trend for SLM's Total Noninterest Expense 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.

SLM Total Noninterest Expense Chart

SLM Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Noninterest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 518.65 556.64 628.62 641.90 659.14

SLM Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Noninterest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 154.61 167.24 180.40 156.89 171.10
SLM
72GF Score
SLM Corp SLM
Total Noninterest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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SLM Total Noninterest Expense Calculation

Total Noninterest Expense is any expenses incurred that not related to interest. It includes:
Selling, General, & Admin. Expense
Occupancy
Equipment
Professional fees
Amortization of intangibles
Any other special income/charges (too numerous to list)
Some banks can do choose to report each of these items separately. Yet, there are a variety of noninterest expense which are simply too numerous to list.

Total Noninterest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $676 Mil.

* 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.

What does a Total Noninterest Expense of $676 Mil mean?
SLM (SLM) has a Total Noninterest Expense of $676 Mil as of Mar. 2026. Total noninterest expense is any expenses incurred that not related to interest. View historical data on SLM and its competitors.
Is SLM's Total Noninterest Expense too high?
SLM's current Total Noninterest Expense is $676 Mil. Overall, SLM has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SLM's Total Noninterest Expense compare to NNI and BFH?
SLM's Total Noninterest Expense of $676 Mil can be compared against companies in the Credit Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Noninterest Expense for a Credit Services company?
A good Total Noninterest Expense depends on the Credit Services industry context. However, Total Noninterest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Noninterest Expense mean?
A high Total Noninterest Expense can signal that a stock is expensive relative to its fundamentals. Total noninterest expense is any expenses incurred that not related to interest. View historical data on SLM and its competitors. SLM's current Total Noninterest Expense is $676 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SLM stock overvalued right now?
Based on GuruFocus' analysis, SLM (SLM) is currently considered Fairly Valued. The stock's GF Value™ is $23.54, compared to a current price of $24.95 — trading 6% above its estimated fair value. The current Total Noninterest Expense is $676 Mil. SLM's overall GF Score™ is 72/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Noninterest Expense calculated?
Total Noninterest Expense is calculated from a company's financial statements. For SLM (SLM), the current Total Noninterest Expense is $676 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is SLM (SLM) Overvalued in 2026?

Based on GuruFocus' analysis, SLM stock appears to be overvalued. The current stock price of $24.95 is trading 6% above its estimated GF Value™ of $23.54. GuruFocus considers SLM to be Fairly Valued.

Key valuation signals for SLM:

  • Total Noninterest Expense: $676 Mil
  • GF Value™: $23.54 vs. price of $24.95 (6% above fair value)
  • GF Score™: 72/100 with 2 warning signs

No single metric tells the full story. See the SLM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

SLM Business Description

Other Exchanges SLMBP.PFD:USASM1:Germany
Address 300 Continental Drive, Newark, DE, USA, 19713
SLM Corp is an education solutions company. Its business is to originate and service loans to students and their families to finance the cost of their education. The term' 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.
72GF Score

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Total Noninterest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$24.95
Price
$23.54
GF Value