SLM (FRA:SM1) Net Interest Income (for Banks) : €1,427 Mil (As of Mar. 2024)

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What is SLM Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. SLM's net interest income for the three months ended in Mar. 2024 was €356 Mil. Its net interest income for the trailing twelve months (TTM) ended in Mar. 2024 was €1,427 Mil.

SLM's quarterly net interest income declined from Sep. 2023 (€360 Mil) to Dec. 2023 (€354 Mil) but then increased from Dec. 2023 (€354 Mil) to Mar. 2024 (€356 Mil).

SLM's annual net interest income increased from Dec. 2021 (€1,234 Mil) to Dec. 2022 (€1,405 Mil) and increased from Dec. 2022 (€1,405 Mil) to Dec. 2023 (€1,433 Mil).

SLM Net Interest Income (for Banks) Historical Data

The historical data trend for SLM's Net Interest Income (for Banks) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SLM Net Interest Income (for Banks) Chart

SLM Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Interest Income (for Banks)

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1,460.98

1,216.55

1,234.37

1,405.41

1,432.55

SLM Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Interest Income (for Banks)	Get a 7-Day Free Trial															378.33	356.86	360.40	353.86	356.06

SLM Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,427 Mil.

SLM (FRA:SM1) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » SLM Corp (FRA:SM1) » Definitions » Net Interest Income (for Banks)

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SLMBP.PFD:USA SLM:USA SM1:Germany

Address

300 Continental Drive, Newark, DE, USA, 19713

Website

https://www.salliemae.com

SLM Corp is the largest student lender in the country. It makes and holds student loans through the guaranteed Federal Family Education Loan Program as well as through private channels. It also engages in debt-management operations, including accounts receivable and collections services, and runs college savings programs.

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