SLM Interest Expense from 2010 to 2024

SLM Stock  USD 24.86  0.89  3.71%   
SLM Corp Interest Expense yearly trend continues to be very stable with very little volatility. Interest Expense is likely to drop to about 12.8 M. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
1989-06-30
Previous Quarter
269.3 M
Current Value
293.2 M
Quarterly Volatility
394.1 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SLM Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SLM Corp's main balance sheet or income statement drivers, such as Interest Expense of 12.8 M, Other Operating Expenses of 1.1 B or Operating Income of 1.3 B, as well as many indicators such as Price To Sales Ratio of 2.62, Dividend Yield of 0.0459 or PTB Ratio of 1.98. SLM financial statements analysis is a perfect complement when working with SLM Corp Valuation or Volatility modules.
  
Check out the analysis of SLM Corp Correlation against competitors.
To learn how to invest in SLM Stock, please use our How to Invest in SLM Corp guide.

Latest SLM Corp's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of SLM Corp over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. SLM Corp's Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SLM Corp's overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

SLM Interest Expense Regression Statistics

Arithmetic Mean707,553,330
Geometric Mean0.00
Coefficient Of Variation127.32
Mean Deviation673,267,157
Median382,078,000
Standard Deviation900,847,154
Sample Variance811525.6T
Range2.6B
R-Value(0.51)
Mean Square Error645991.1T
R-Squared0.26
Significance0.05
Slope(102,877,762)
Total Sum of Squares11361358.3T

SLM Interest Expense History

202412.8 M
202313.5 M
2022542.8 M
2021382.1 M
2020541.7 M
2019707.7 M
2018522.3 M

About SLM Corp Financial Statements

SLM Corp investors utilize fundamental indicators, such as Interest Expense, to predict how SLM Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Interest Expense13.5 M12.8 M

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When determining whether SLM Corp is a strong investment it is important to analyze SLM Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SLM Corp's future performance. For an informed investment choice regarding SLM Stock, refer to the following important reports:
Check out the analysis of SLM Corp Correlation against competitors.
To learn how to invest in SLM Stock, please use our How to Invest in SLM Corp guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Consumer Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SLM Corp. If investors know SLM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SLM Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.009
Dividend Share
0.44
Earnings Share
2.9
Revenue Per Share
7.232
Quarterly Revenue Growth
(0.47)
The market value of SLM Corp is measured differently than its book value, which is the value of SLM that is recorded on the company's balance sheet. Investors also form their own opinion of SLM Corp's value that differs from its market value or its book value, called intrinsic value, which is SLM Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SLM Corp's market value can be influenced by many factors that don't directly affect SLM Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SLM Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if SLM Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SLM Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.