SLM Corp Income Statement

Income Statement Dec2009 Dec2010 Dec2011 Dec2012 Dec2013 Dec2014 Dec2015 Dec2016 Dec2017 Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & Cost
Provisions 1,119.00M1,419.00M1,295.00M66.12M69.34M85.53M90.06M159.41M185.76M244.86M354.25M-190.90M232.71M633.45M345.46M409.00M
Revenue 3,056.00M4,501.00M3,258.00M674.88M760.38M735.76M885.09M960.15M1,126.32M1,361.17M1,672.24M1,811.44M2,027.21M1,823.42M1,809.33M1,849.05M
Interest income
Interest income - Loans 462.64M527.26M660.79M817.12M1,060.49M1,413.51M1,894.69M2,249.17M1,989.00M1,756.94M1,914.55M2,327.74M2,314.42M
Interest income - Investments 26.00M26.00M19.00M2.30M3.85M4.59M3.75M7.60M15.51M34.50M74.26M20.91M6.04M81.72M213.75M243.22M
Interest Income - Debt Securities 503.00M647.00M512.00M144.19M163.68M139.02M175.77M183.11M206.82M271.84M263.17M233.63M236.96M260.17M246.89M235.58M
Interest Income - Trading Account Assets 1.00M1.00M
Interest Income - Total 4,758.00M5,754.00M5,930.00M491.28M551.20M674.29M831.12M1,077.25M1,437.30M1,935.35M2,331.03M2,021.66M1,776.84M2,031.58M2,592.30M2,619.05M
Interest expenses
Interest Expense - Deposits 82.17M88.02M95.77M116.39M148.41M223.69M389.35M547.75M393.19M225.37M368.91M808.07M881.46M
Interest Expense - Debt 6.49M30.18M78.05M127.11M153.78M134.01M137.76M161.93M208.52M242.99M
Interest Expense - Others 0.74M1.07M0.04M
Interest Expenses 3,035.00M2,275.00M2,401.00M82.91M89.08M95.81M128.62M185.91M308.08M522.29M707.72M541.67M382.08M542.80M1,030.09M1,138.26M
Interest Income - Net 1,723.00M3,479.00M3,529.00M408.37M462.12M578.48M702.50M891.34M1,129.22M1,413.06M1,623.32M1,479.99M1,394.77M1,488.78M1,562.21M1,480.78M
Non-interest income
Interest Income - Total 604.00M2,060.00M2,234.00M342.25M392.78M492.95M612.44M731.93M943.46M1,168.20M1,269.07M1,386.86M1,427.72M855.33M1,216.75M1,072.27M
Financial Services Fees 135.56M
Investment Gain (Loss) 0.13M63.81M
Investment Banking Income 0.17M196.60M35.80M2.06M238.31M548.32M327.75M160.29M254.93M
Other Non-Interest Income 88.00M43.00M69.00M36.64M37.22M39.92M74.31M69.54M28.95M175.53M284.11M39.22M44.89M67.16M84.15M112.87M
Non-Interest Income 1,333.00M1,022.00M-271.00M266.51M298.27M157.28M182.59M68.82M-2.90M-51.90M48.93M331.45M632.45M334.64M247.12M368.27M
Operating Items
Amortization - Intangibles 3.29M1.48M0.91M0.47M8.00M10.00M5.00M
Wages, Salaries and Other 540.00M561.00M493.00M109.58M106.80M129.71M158.97M184.00M213.32M252.35M278.23M282.50M258.32M270.35M326.55M349.39M
Restructuring Costs 10.00M85.00M12.00M0.73M38.31M5.40M26.21M1.25M
Other Operating Expenses 1,119.00M1,907.00M1,026.00M266.89M273.79M278.17M350.57M386.31M449.09M556.98M574.25M538.09M518.65M559.24M685.57M641.90M
Operating Expenses 1,129.00M1,992.00M1,038.00M266.89M274.52M316.48M355.97M386.31M449.09M556.98M574.25M564.30M519.91M559.24M685.57M641.90M
EBIT 3,843.00M3,365.00M3,326.00M424.78M505.61M429.57M567.68M600.34M799.55M1,081.62M1,451.46M1,695.67M1,922.34M1,173.52M1,808.39M1,936.90M
Non-operating items
Non Operating Investment Income -604.00M-361.00M-959.00M-5.46M0.64M-4.00M5.30M-0.96M-8.27M-0.09M17.82M49.54M0.14M-0.01M
Interest & Investment Income -1.55M4.37M39.10M-60.27M2.68M0.47M
Other Non Operating Income 317.00M38.00M145.00M42.00M
Net income details
EBT 808.00M1,090.00M925.00M341.87M416.53M333.75M439.06M414.44M491.46M559.33M743.74M1,154.01M1,540.26M630.73M778.30M798.64M
Tax Provisions 264.00M493.00M474.00M126.14M158.93M139.97M164.78M164.11M202.53M71.85M165.46M273.32M379.75M161.71M196.91M190.31M
Profit After Tax 544.00M597.00M633.00M217.62M258.94M194.22M274.28M250.33M288.93M487.48M578.28M880.69M1,160.51M469.01M581.39M608.33M
Net Income - Minority -0.01M-8.00M-4.67M
Income from Non-Controlling Interests 0.85M-1.00M-1.89M-1.35M-0.43M
Income from Continuing Operations 544.00M597.00M451.00M215.73M257.59M193.78M274.28M250.33M288.93M487.48M578.28M880.69M1,160.51M469.01M581.39M608.33M
Consolidated Net Income -220.00M-91.00M55.00M-3.00M126.00M193.78M274.28M250.33M288.93M487.48M578.28M880.69M1,160.51M469.01M581.39M608.33M
Income towards Parent Company -220.01M-91.00M47.00M-3.00M121.33M193.78M274.28M250.33M288.93M487.48M578.28M880.69M1,160.51M469.01M581.39M608.33M
Preferred Dividend Payments 146.00M72.00M18.00M12.93M19.59M21.20M15.71M15.64M16.84M9.73M4.74M9.03M17.70M18.30M
Net Income towards Common Stockholders 178.00M458.00M615.00M217.62M258.94M181.29M254.69M229.12M273.22M471.84M561.44M870.96M1,155.78M459.99M563.69M590.03M
Additional items
EPS (Basic) 0.00M0.00M0.00M0.00M0.00M0.00M0.00M0.00M0.00M0.00M0.00M0.00M0.00M0.00M0.00M0.00M
EPS (Weighted Average and Diluted) 0.00M0.00M0.00M0.00M0.00M0.00M0.00M0.00M0.00M0.00M0.00M0.00M0.00M0.00M0.00M0.00M
Shares Outstanding (Weighted Average) 484.91M485.59M508.74M462.16M436.26M423.16M426.11M428.27M431.89M435.66M422.17M375.24M293.18M250.20M226.27M210.42M
Shares Outstanding (Diluted Average) 472.00M488.00M523.00M482.89M448.55M
EBITDA 3,843.00M3,365.00M3,326.00M424.78M505.61M429.57M567.68M600.34M799.55M1,081.62M1,451.46M1,695.67M1,922.34M1,173.52M1,808.39M1,936.90M
Tax Rate 32.67%45.23%51.24%36.90%38.16%41.94%37.53%39.60%41.21%12.85%22.25%23.68%24.65%25.64%25.30%23.83%