Slm (SLM) Loans - Loss Allowance (2013 - 2026)
Slm's (SLM) quarterly Loans - Loss Allowance came in at $1.4 billion in Q1 2026, down 4.19% year-over-year from $1.4 billion in Q1 2025, and down 5.88% quarter-over-quarter from $1.5 billion in Q2 2025.
Analysis
Slm (SLM) Loans - Loss Allowance (2013 - 2026) Analysis & Trends
Slm (SLM) has reported Loans - Loss Allowance for 14 consecutive years, with $1.4 billion the latest figure, recorded in Q1 2026.
- On a quarterly basis, Loans - Loss Allowance fell 4.19% year-over-year to $1.4 billion in Q1 2026; TTM through Mar 2026 was $1.4 billion, a 4.19% decrease from a year earlier, with the FY2024 full-year figure at $1.4 billion, up 7.18% from the prior year.
- Loans - Loss Allowance was $1.4 billion for Q1 2026 at Slm, down from $1.5 billion in the prior quarter.
- Over five years, Loans - Loss Allowance peaked at $1.5 billion in Q1 2023 and troughed at $1.1 billion in Q2 2022.
- A 5-year average of $1.4 billion and a median of $1.4 billion in 2022 frame the typical range for Loans - Loss Allowance.
- Across the five-year window, Loans - Loss Allowance increased 26.24% in 2023 and fell 8.74% in 2024, its largest moves.
- Over 5 years, Loans - Loss Allowance stood at $1.4 billion in 2022, then retreated by 1.28% to $1.3 billion in 2023, then rose by 7.18% to $1.4 billion in 2024, then gained by 2.34% to $1.5 billion in 2025, then declined by 5.88% to $1.4 billion in 2026.
- The last three Loans - Loss Allowance figures came in at $1.4 billion (Q1 2026), $1.5 billion (Q2 2025), and $1.4 billion (Q1 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Loans - Loss Allowance (Qtr) |
|---|---|---|---|---|---|
| 1 | Synchrony Financial | 24.38 Bn | 8.19 Bn | - | 10.31 Bn |
| 2 | Affirm Holdings | 24.01 Bn | 22.38 Bn | - | 563.30 Mn |
| 3 | FirstCash Holdings | 9.50 Bn | 9.33 Bn | 533.67 Mn | - |
| 4 | Credit Acceptance | 6.00 Bn | 5.51 Bn | 569.30 Mn | - |
| 5 | Slm | 4.72 Bn | -77.52 Mn | - | - |
| 6 | Enova International | 4.35 Bn | 4.22 Bn | 568.07 Mn | - |
| 7 | Bread Financial Holdings | 4.20 Bn | -15.89 Bn | 957.00 Mn | 2.08 Bn |
| 8 | StoneCo | 2.99 Bn | 1.38 Bn | 308.97 Mn | - |
| 9 | Ezcorp | 1.88 Bn | 1.57 Bn | 246.19 Mn | - |
| 10 | Navient | 1.64 Bn | 275.03 Mn | - | 426.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 1.38 Bn |
| Jun 30, 2025 | 1.47 Bn |
| Mar 31, 2025 | 1.44 Bn |
| Dec 31, 2024 | 1.44 Bn |
| Jun 30, 2024 | 1.27 Bn |
| Mar 31, 2024 | 1.35 Bn |
| Dec 31, 2023 | 1.34 Bn |
| Jun 30, 2023 | 1.36 Bn |
| Mar 31, 2023 | 1.48 Bn |
| Dec 31, 2022 | 1.36 Bn |
| Jun 30, 2022 | 1.08 Bn |
| Mar 31, 2022 | 1.23 Bn |
| Dec 31, 2021 | 1.17 Bn |
| Jun 30, 2021 | 1.16 Bn |
| Mar 31, 2021 | 1.18 Bn |
| Dec 31, 2020 | 1.36 Bn |
| Jun 30, 2020 | 1.93 Bn |
| Mar 31, 2020 | 1.67 Bn |
| Dec 31, 2019 | 441.91 Mn |
| Jun 30, 2019 | 384.00 Mn |