Every 10-Q that Slm Corp (SLM) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow SLM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SLM filings page.
SLM Corporation reported first-half 2026 net income of $366.5 million, with net income attributable to common stock of $359.3 million and diluted EPS of $1.85, compared with $1.72 a year earlier. Net interest income was $708.2 million, while provisions for credit losses declined to $114.2 million from $172.0 million, influenced by Private Education Loan sales and changes in economic outlook. Non-interest income was $252.9 million and non-interest expenses were $366.1 million.
Total assets were $28.58 billion at June 30, 2026. Private Education Loans held for investment totaled $20.79 billion gross and $19.53 billion net of a $1.35 billion allowance for loan losses, with total allowance for credit losses of $1.42 billion. The company sold $3.75 billion of Private Education Loans year-to-date, generating $161 million of gains. Deposits were $19.89 billion, long-term borrowings $5.84 billion, and total equity $2.47 billion, with 187,946,958 common shares outstanding.
Credit metrics show net charge-offs at an annualized 2.55% of average loans in repayment for the first six months of 2026, versus 2.11% in the prior-year period. The Total Allowance Percentage of Private Education Loan Exposure was 5.89%. Delinquent Private Education Loans in repayment represented 3.7% of loans in repayment, slightly below the 4.0% level at December 31, 2025, while loans in forbearance were 2.1% of loans in repayment and forbearance combined.
SLM Corporation reports solid first-quarter 2026 results, driven mainly by its private education loan franchise and loan sale activity. Net income was $307.9 million, slightly above $304.5 million a year earlier, with basic EPS of $1.56 versus $1.43. Total interest income was $649.3 million and net interest income held steady at $375.4 million. The company sold $3.33 billion of private education loans, generating net gains of $146 million, though loan sale gains were lower than in 2025. Provision for credit losses was a net benefit of $11.5 million, compared with an expense of $23.3 million a year earlier, reflecting large negative provisions tied to loan sales and transfers to held-for-sale. Loans held for investment, all private education loans, totaled $21.17 billion gross, with an allowance for credit losses of $1.41 billion. Deposits were $20.5 billion, down modestly from year-end, while borrowings rose with new term ABS issuance. SLM was highly active in capital returns, repurchasing about 12.0 million common shares for roughly $291 million, including a $200 million accelerated share repurchase under a new $500 million program.
SLM Corporation reported a return to profitability in Q3, posting net income of $135.9 million versus a loss a year ago. Basic EPS was $0.64 and diluted EPS was $0.63. Net interest income rose to $373.0 million as funding costs eased and loan yields remained solid, while the provision for credit losses fell to $179.5 million, reflecting stable credit trends and the accounting impact of loan sales.
Non‑interest income improved sharply, led by $136.0 million of gains on loan sales. For the quarter, SLM sold $1.936 billion of Private Education Loans and recorded strong margins on those transactions. Operating expenses were $180.4 million. On the balance sheet, loans held for investment totaled $23.03 billion (gross) and deposits were $20.01 billion. The allowance for credit losses was $1.53 billion. Capital returned to shareholders included a $0.13 quarterly dividend and the repurchase of 5.63 million shares. Shares outstanding were 203,038,649 as of September 30, 2025.