SLM Corp (SLM) Interest Expense - Deposits (2013 - 2026)
Slm (SLM) recorded Interest Expense - Deposits of $191.08 million in Q2 2026, down 5.2% from $201.48 million a year earlier and down 4.8% from the prior quarter.
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Analysis
SLM Corp (SLM) Interest Expense - Deposits (2013 - 2026) Analysis & Trends
On a TTM basis, Slm's Interest Expense - Deposits came in at $794.87 million as of Jun 30, 2026, down 7.1% 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%).
- The Q2 2026 figure is the lowest quarterly Interest Expense - Deposits since Q1 2023.
- On a year-over-year basis, Interest Expense - Deposits has declined for six consecutive quarters, with an average decline of 4.0% 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 38.2% in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $200.61 million (Q1 2026), $199.6 million (Q4 2025) and $203.58 million (Q3 2025).
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Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 51.63 Mn |
API Access
SLM Corp 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_KEYimport 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();