Slm (SLM) Interest Expense - Deposits (2013 - 2026)
Slm (SLM) recorded Interest Expense - Deposits of $199.08 million in Q3 2026, down 2.2% from $203.58 million a year earlier but up 4.2% from the prior quarter.
Slm (SLM) Interest Expense - Deposits (2013 - 2026) Analysis & Trends
On a TTM basis, Slm's Interest Expense - Deposits came in at $790.37 million as of Sep 30, 2026, down 5.1% year-over-year; for FY2025, it was $808.8 million, down 8.2% from FY2024.
- Annual Interest Expense - Deposits has a five-year compound annual growth rate of 15.5% (FY2020 to FY2025).
- Across earlier years, Interest Expense - Deposits came in at $881.46 million in FY2024 (+9.1%), $808.07 million in FY2023 (+119.0%), $368.91 million in FY2022 (+63.7%) and $225.37 million in FY2021 (-42.7%).
- Quarterly Interest Expense - Deposits has ranged from $49.54 million in Q1 2022 to $225.75 million in Q3 2024 over the past five years.
- On a year-over-year basis, Interest Expense - Deposits has declined for seven consecutive quarters, with an average decline of 5.2% over the last eight quarters.
- Peak year-over-year performance for Interest Expense - Deposits in the last five years was growth of 270.5% in Q1 2023, against a decline of 32.9% in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $191.08 million (Q2 2026), $200.61 million (Q1 2026) and $199.6 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 41.00 Bn | 29.82 Bn | - | - |
| 2 | Royalty Pharma | 39.88 Bn | 40.21 Bn | - | - |
| 3 | Orix | 36.75 Bn | 7.39 Bn | 13.83 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 25.40 Bn | -16,108.71 Bn | - | - |
| 5 | Royal Gold | 23.20 Bn | 22.41 Bn | 402.46 Mn | - |
| 6 | Affirm Holdings | 22.35 Bn | 15.40 Bn | - | - |
| 7 | Synchrony Financial | 22.29 Bn | -45.34 Bn | - | 767.00 Mn |
| 8 | Annaly Capital Management | 14.69 Bn | 5.72 Bn | - | - |
| 9 | Ares Capital | 14.04 Bn | 11.79 Bn | - | - |
| 10 | Slm | 3.07 Bn | -13.28 Bn | - | 199.08 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 199.08 Mn |
| Jun 30, 2026 | 191.08 Mn |
| Mar 31, 2026 | 200.61 Mn |
| Dec 31, 2025 | 199.60 Mn |
| Sep 30, 2025 | 203.58 Mn |
| Jun 30, 2025 | 201.48 Mn |
| Mar 31, 2025 | 204.14 Mn |
| Dec 31, 2024 | 223.98 Mn |
| Sep 30, 2024 | 225.75 Mn |
| Jun 30, 2024 | 211.29 Mn |
| Mar 31, 2024 | 220.45 Mn |
| Dec 31, 2023 | 223.21 Mn |
| Sep 30, 2023 | 209.92 Mn |
| Jun 30, 2023 | 191.41 Mn |
| Mar 31, 2023 | 183.53 Mn |
| Dec 31, 2022 | 153.44 Mn |
| Sep 30, 2022 | 105.47 Mn |
| Jun 30, 2022 | 60.47 Mn |
| Mar 31, 2022 | 49.54 Mn |
| Dec 31, 2021 | 49.89 Mn |
Slm Interest Expense - Deposits API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-deposits&ticker=SLM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-deposits", "ticker": "SLM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-deposits&ticker=SLM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();