Flagship explainer
How SLM Corp earns its spread
Start with net interest income, then follow the filed path to net income.
| Filed line | Value | % of net interest income | Source |
|---|---|---|---|
| $1.5B | 100% |
| |
| Income before tax | $993M | 66% |
|
| Income tax | $248M | 16% |
|
| $745M | 50% |
|
Source:
- SEC filing · FY 2025Filing detailsAccession 0001032033-26-000011