10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001628280-18-004888 |
| Period End Date | 20180331 |
| Filing Date | 20180423 |
| Fiscal Year | 2018 |
| Fiscal Period | Q1 |
| XBRL Instance | slm-20180331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
75 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.53B | USD | Point-in-time |
| Amortized cost |
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
$236.76M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.08B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.44B | USD | Point-in-time |
| Amortized cost |
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
$247.61M | USD | Point-in-time |
| Available-for-sale investments at fair value (cost of $236,761 and $247,607, respectively) |
AvailableForSaleSecuritiesDebtSecurities
|
$244.09M | USD | Point-in-time |
| Allowance for loan losses |
LoansAndLeasesReceivableAllowance
|
$272.12M | USD | Point-in-time |
| Available-for-sale investments at fair value (cost of $236,761 and $247,607, respectively) |
AvailableForSaleSecuritiesDebtSecurities
|
$229.11M | USD | Point-in-time |
| Allowance for loan losses |
LoansAndLeasesReceivableAllowance
|
$187.09M | USD | Point-in-time |
| Allowance for loan losses |
LoansAndLeasesReceivableAllowance
|
$184.70M | USD | Point-in-time |
| Allowance for loan losses |
LoansAndLeasesReceivableAllowance
|
$251.47M | USD | Point-in-time |
| Loans held for investment (net of allowance for losses of $272,123 and $251,475, respectively) |
LoansAndLeasesReceivableNetReportedAmount
|
$20.17B | USD | Point-in-time |
| Tax benefit for accumulated other comprehensive (loss) income |
AociTaxAttributableToParent
|
$-1.70M | USD | Point-in-time |
| Tax benefit for accumulated other comprehensive (loss) income |
AociTaxAttributableToParent
|
$-5.00M | USD | Point-in-time |
| Loans held for investment (net of allowance for losses of $272,123 and $251,475, respectively) |
LoansAndLeasesReceivableNetReportedAmount
|
$18.57B | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndInvestments
|
$101.84M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndInvestments
|
$120.08M | USD | Point-in-time |
| Preferred stock, stated value (in dollars per share) |
PreferredStockParOrStatedValuePerShare
|
$0.20 | USD | Point-in-time |
| Preferred stock, stated value (in dollars per share) |
PreferredStockParOrStatedValuePerShare
|
$0.20 | USD | Point-in-time |
| Other interest-earning assets |
OtherInterestEarningAssets
|
$31.64M | USD | Point-in-time |
| Preferred stock shares authorized (in shares) |
PreferredStockSharesAuthorized
|
20.00M | shares | Point-in-time |
| Other interest-earning assets |
OtherInterestEarningAssets
|
$21.59M | USD | Point-in-time |
| Preferred stock shares authorized (in shares) |
PreferredStockSharesAuthorized
|
20.00M | shares | Point-in-time |
| Accrued interest receivable |
InterestReceivable
|
$1.06B | USD | Point-in-time |
| Accrued interest receivable |
InterestReceivable
|
$967.48M | USD | Point-in-time |
| Premises and equipment, net |
PropertyPlantAndEquipmentNet
|
$89.75M | USD | Point-in-time |
| Common stock par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.20 | USD | Point-in-time |
| Common stock par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.20 | USD | Point-in-time |
| Premises and equipment, net |
PropertyPlantAndEquipmentNet
|
$97.21M | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
1.12B | shares | Point-in-time |
| Tax indemnification receivable |
IncomeTaxReceivable
|
$169.24M | USD | Point-in-time |
| Tax indemnification receivable |
IncomeTaxReceivable
|
$168.01M | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
1.12B | shares | Point-in-time |
| Common stock shares issued (in shares) |
CommonStockSharesIssued
|
449.00M | shares | Point-in-time |
| Common stock shares issued (in shares) |
CommonStockSharesIssued
|
443.50M | shares | Point-in-time |
| Other assets |
OtherAssets
|
$84.85M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$93.33M | USD | Point-in-time |
| Common stock held in treasury (in shares) |
TreasuryStockShares
|
11.10M | shares | Point-in-time |
| Total assets |
Assets
|
$21.78B | USD | Point-in-time |
| Total assets |
Assets
|
$23.41B | USD | Point-in-time |
| Common stock held in treasury (in shares) |
TreasuryStockShares
|
13.80M | shares | Point-in-time |
| Deposits |
Deposits
|
$16.50B | USD | Point-in-time |
| Deposits |
Deposits
|
$15.51B | USD | Point-in-time |
| Short-term borrowings |
ShortTermBorrowings
|
- | USD | Point-in-time |
| Short-term borrowings |
ShortTermBorrowings
|
- | USD | Point-in-time |
| Long-term borrowings |
LongTermDebt
|
$3.28B | USD | Point-in-time |
| Long-term borrowings |
LongTermDebt
|
$3.74B | USD | Point-in-time |
| Income taxes payable, net |
TaxesPayableCurrentAndNoncurrent
|
$145.17M | USD | Point-in-time |
| Income taxes payable, net |
TaxesPayableCurrentAndNoncurrent
|
$102.28M | USD | Point-in-time |
| Upromise member accounts |
Upromiserelatedliability
|
$243.08M | USD | Point-in-time |
| Upromise member accounts |
Upromiserelatedliability
|
$233.01M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$175.32M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$179.31M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$20.80B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$19.31B | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock, par value $0.20 per share, 1.125 billion shares authorized: 449.0 million and 443.5 million shares issued, respectively |
CommonStockValue
|
$89.81M | USD | Point-in-time |
| Common stock, par value $0.20 per share, 1.125 billion shares authorized: 449.0 million and 443.5 million shares issued, respectively |
CommonStockValue
|
$88.69M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$1.22B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$1.25B | USD | Point-in-time |
| Accumulated other comprehensive income (net of tax expense of $5,005 and $1,696, respectively) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$2.75M | USD | Point-in-time |
| Accumulated other comprehensive income (net of tax expense of $5,005 and $1,696, respectively) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$15.60M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$990.45M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$868.18M | USD | Point-in-time |
| Total SLM Corporation stockholders equity before treasury stock |
StockholdersEquityAttributabletoParentExcludingTreasuryStock
|
$2.58B | USD | Point-in-time |
| Total SLM Corporation stockholders equity before treasury stock |
StockholdersEquityAttributabletoParentExcludingTreasuryStock
|
$2.75B | USD | Point-in-time |
| Less: Common stock held in treasury at cost: 13.8 million and 11.1 million shares, respectively |
TreasuryStockValue
|
$107.64M | USD | Point-in-time |
| Less: Common stock held in treasury at cost: 13.8 million and 11.1 million shares, respectively |
TreasuryStockValue
|
$138.63M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.47B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.44B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.61B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.35B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$21.78B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$23.41B | USD | Point-in-time |
Income Statement
58 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Loans |
InterestAndFeeIncomeLoansAndLeases
|
$430.05M | USD | 1 Quarter |
| Loans |
InterestAndFeeIncomeLoansAndLeases
|
$324.76M | USD | 1 Quarter |
| Investments |
InterestAndDividendIncomeSecuritiesAvailableForSale
|
$1.95M | USD | 1 Quarter |
| Investments |
InterestAndDividendIncomeSecuritiesAvailableForSale
|
$2.14M | USD | 1 Quarter |
| Cash and cash equivalents |
CashAndInvestmentsInterestIncomeLoss
|
$5.24M | USD | 1 Quarter |
| Cash and cash equivalents |
CashAndInvestmentsInterestIncomeLoss
|
$2.59M | USD | 1 Quarter |
| Total interest income |
InterestAndDividendIncomeOperating
|
$329.49M | USD | 1 Quarter |
| Total interest income |
InterestAndDividendIncomeOperating
|
$437.23M | USD | 1 Quarter |
| Deposits |
InterestExpenseDeposits
|
$77.46M | USD | 1 Quarter |
| Deposits |
InterestExpenseDeposits
|
$44.85M | USD | 1 Quarter |
| Interest expense on short-term borrowings |
InterestExpenseShortTermBorrowings
|
$1.24M | USD | 1 Quarter |
| Interest expense on short-term borrowings |
InterestExpenseShortTermBorrowings
|
$2.39M | USD | 1 Quarter |
| Interest expense on long-term borrowings |
InterestExpenseLongTermDebt
|
$15.32M | USD | 1 Quarter |
| Interest expense on long-term borrowings |
InterestExpenseLongTermDebt
|
$24.77M | USD | 1 Quarter |
| Total interest expense |
InterestExpense
|
$104.62M | USD | 1 Quarter |
| Total interest expense |
InterestExpense
|
$61.41M | USD | 1 Quarter |
| Net interest income |
InterestIncomeExpenseNet
|
$332.61M | USD | 1 Quarter |
| Net interest income |
InterestIncomeExpenseNet
|
$268.08M | USD | 1 Quarter |
| Less: provisions for credit losses |
ProvisionForLoanLeaseAndOtherLosses
|
$25.30M | USD | 1 Quarter |
| Less: provisions for credit losses |
ProvisionForLoanLeaseAndOtherLosses
|
$53.93M | USD | 1 Quarter |
| Net interest income after provisions for credit losses |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$278.68M | USD | 1 Quarter |
| Net interest income after provisions for credit losses |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$242.78M | USD | 1 Quarter |
| Gains (losses) on derivatives and hedging activities, net |
GainLossOnDerivativeInstrumentsNetPretax
|
$-5.38M | USD | 1 Quarter |
| Gains (losses) on derivatives and hedging activities, net |
GainLossOnDerivativeInstrumentsNetPretax
|
$3.89M | USD | 1 Quarter |
| Other income |
NoninterestIncomeOtherOperatingIncome
|
$9.64M | USD | 1 Quarter |
| Other income |
NoninterestIncomeOtherOperatingIncome
|
$11.35M | USD | 1 Quarter |
| Total non-interest income |
NoninterestIncome
|
$5.97M | USD | 1 Quarter |
| Total non-interest income |
NoninterestIncome
|
$13.53M | USD | 1 Quarter |
| Compensation and benefits |
LaborAndRelatedExpense
|
$68.32M | USD | 1 Quarter |
| Compensation and benefits |
LaborAndRelatedExpense
|
$55.46M | USD | 1 Quarter |
| FDIC assessment fees |
FederalDepositInsuranceCorporationPremiumExpense
|
$7.23M | USD | 1 Quarter |
| FDIC assessment fees |
FederalDepositInsuranceCorporationPremiumExpense
|
$8.80M | USD | 1 Quarter |
| Other operating expenses |
OtherNoninterestExpense
|
$39.98M | USD | 1 Quarter |
| Other operating expenses |
OtherNoninterestExpense
|
$47.76M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$124.87M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$102.68M | USD | 1 Quarter |
| Acquired intangible asset amortization expense |
AcquiredIntangibleAssetsImpairmentAndAmortizationExpense
|
$92.00K | USD | 1 Quarter |
| Acquired intangible asset amortization expense |
AcquiredIntangibleAssetsImpairmentAndAmortizationExpense
|
$117.00K | USD | 1 Quarter |
| Total non-interest expenses |
NoninterestExpense
|
$124.97M | USD | 1 Quarter |
| Total non-interest expenses |
NoninterestExpense
|
$102.79M | USD | 1 Quarter |
| Income before income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$167.25M | USD | 1 Quarter |
| Income before income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$145.95M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$41.00M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$51.01M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$94.94M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$126.25M | USD | 1 Quarter |
| Preferred stock dividends |
PreferredStockDividendsIncomeStatementImpact
|
$5.58M | USD | 1 Quarter |
| Preferred stock dividends |
PreferredStockDividendsIncomeStatementImpact
|
$3.40M | USD | 1 Quarter |
| Net income attributable to SLM Corporation common stock |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$122.86M | USD | 1 Quarter |
| Net income attributable to SLM Corporation common stock |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$89.37M | USD | 1 Quarter |
| Basic earnings per common share attributable to SLM Corporation (in dollars per share) |
EarningsPerShareBasic
|
$0.28 | USD | 1 Quarter |
| Basic earnings per common share attributable to SLM Corporation (in dollars per share) |
EarningsPerShareBasic
|
$0.21 | USD | 1 Quarter |
| Average common shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
429.89M | shares | 1 Quarter |
| Average common shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
433.95M | shares | 1 Quarter |
| Diluted earnings per common share attributable to SLM Corporation (in dollars per share) |
EarningsPerShareDiluted
|
$0.28 | USD | 1 Quarter |
| Diluted earnings per common share attributable to SLM Corporation (in dollars per share) |
EarningsPerShareDiluted
|
$0.20 | USD | 1 Quarter |
| Average common and common equivalent shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
438.74M | shares | 1 Quarter |
| Average common and common equivalent shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
438.98M | shares | 1 Quarter |
Cash Flow Statement
100 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$94.94M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$126.25M | USD | 1 Quarter |
| Provisions for credit losses |
ProvisionForDoubtfulAccounts
|
$53.93M | USD | 1 Quarter |
| Provisions for credit losses |
ProvisionForDoubtfulAccounts
|
$25.30M | USD | 1 Quarter |
| Income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$41.00M | USD | 1 Quarter |
| Income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$51.01M | USD | 1 Quarter |
| Amortization of brokered deposit placement fee |
AmortizationofBrokeredDepositPlacement
|
$2.79M | USD | 1 Quarter |
| Amortization of brokered deposit placement fee |
AmortizationofBrokeredDepositPlacement
|
$2.13M | USD | 1 Quarter |
| Amortization of ABCP Facility upfront fee |
AmortizationofUpfrontLoanFees
|
$301.00K | USD | 1 Quarter |
| Amortization of ABCP Facility upfront fee |
AmortizationofUpfrontLoanFees
|
$352.00K | USD | 1 Quarter |
| Amortization of deferred loan origination costs and loan premium/(discounts), net |
AmortizationOfDeferredLoanOriginationFeesNet
|
$-2.61M | USD | 1 Quarter |
| Amortization of deferred loan origination costs and loan premium/(discounts), net |
AmortizationOfDeferredLoanOriginationFeesNet
|
$-1.78M | USD | 1 Quarter |
| Net amortization of discount on investments |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$-452.00K | USD | 1 Quarter |
| Net amortization of discount on investments |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$-475.00K | USD | 1 Quarter |
| Income on tax indemnification receivable |
InterestIncomeonTaxIndemnificationReceivable
|
$1.50M | USD | 1 Quarter |
| Income on tax indemnification receivable |
InterestIncomeonTaxIndemnificationReceivable
|
$1.23M | USD | 1 Quarter |
| Depreciation of premises and equipment |
Depreciation
|
$2.58M | USD | 1 Quarter |
| Depreciation of premises and equipment |
Depreciation
|
$3.12M | USD | 1 Quarter |
| Amortization of acquired intangibles |
AmortizationOfIntangibleAssets
|
$117.00K | USD | 1 Quarter |
| Amortization of acquired intangibles |
AmortizationOfIntangibleAssets
|
$92.00K | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$9.43M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$14.74M | USD | 1 Quarter |
| Unrealized (gains) losses on derivatives and hedging activities, net |
UnrealizedGainLossOnDerivatives
|
$3.88M | USD | 1 Quarter |
| Unrealized (gains) losses on derivatives and hedging activities, net |
UnrealizedGainLossOnDerivatives
|
$-5.36M | USD | 1 Quarter |
| Other adjustments to net income, net |
OtherNoncashIncomeExpense
|
$-1.26M | USD | 1 Quarter |
| Other adjustments to net income, net |
OtherNoncashIncomeExpense
|
$-1.76M | USD | 1 Quarter |
| Increase in accrued interest receivable |
IncreaseDecreaseInAccruedInterestReceivableNet
|
$153.06M | USD | 1 Quarter |
| Increase in accrued interest receivable |
IncreaseDecreaseInAccruedInterestReceivableNet
|
$201.78M | USD | 1 Quarter |
| Increase in other interest-earning assets |
PaymentsForProceedsFromOtherInterestEarningAssets
|
$1.23M | USD | 1 Quarter |
| Increase in other interest-earning assets |
PaymentsForProceedsFromOtherInterestEarningAssets
|
$10.05M | USD | 1 Quarter |
| Increase in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$13.44M | USD | 1 Quarter |
| Increase in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$35.72M | USD | 1 Quarter |
| Decrease in income taxes payable, net |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$-1.16M | USD | 1 Quarter |
| Decrease in income taxes payable, net |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$-1.69M | USD | 1 Quarter |
| Increase in accrued interest payable |
IncreaseDecreaseInInterestPayableNet
|
$6.15M | USD | 1 Quarter |
| Increase in accrued interest payable |
IncreaseDecreaseInInterestPayableNet
|
$11.03M | USD | 1 Quarter |
| Increase in payable due to entity that is a subsidiary of Navient |
IncreaseDecreaseInDueToRelatedParties
|
$227.00K | USD | 1 Quarter |
| Increase in payable due to entity that is a subsidiary of Navient |
IncreaseDecreaseInDueToRelatedParties
|
$422.00K | USD | 1 Quarter |
| Decrease in other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-18.87M | USD | 1 Quarter |
| Decrease in other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-39.42M | USD | 1 Quarter |
| Total adjustments |
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$-104.19M | USD | 1 Quarter |
| Total adjustments |
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$-140.41M | USD | 1 Quarter |
| Total net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-9.25M | USD | 1 Quarter |
| Total net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-14.16M | USD | 1 Quarter |
| Loans acquired and originated |
StudentLoansacquiredandoriginated
|
$2.30B | USD | 1 Quarter |
| Loans acquired and originated |
StudentLoansacquiredandoriginated
|
$1.89B | USD | 1 Quarter |
| Net proceeds from sales of loans held for investment |
Netproceedsfromsalesofstudentloansheldforinvestment
|
$1.97M | USD | 1 Quarter |
| Net proceeds from sales of loans held for investment |
Netproceedsfromsalesofstudentloansheldforinvestment
|
$820.00K | USD | 1 Quarter |
| Proceeds from claim payments |
ProceedsfromClaimpayments
|
$11.93M | USD | 1 Quarter |
| Proceeds from claim payments |
ProceedsfromClaimpayments
|
$12.08M | USD | 1 Quarter |
| Net decrease in loans held for investment |
Netincreasedecreaseinloansheldforinvestment
|
$-506.64M | USD | 1 Quarter |
| Net decrease in loans held for investment |
Netincreasedecreaseinloansheldforinvestment
|
$-735.89M | USD | 1 Quarter |
| Purchases of available-for-sale securities |
PaymentsToAcquireAvailableForSaleSecurities
|
- | USD | 1 Quarter |
| Purchases of available-for-sale securities |
PaymentsToAcquireAvailableForSaleSecurities
|
$18.48M | USD | 1 Quarter |
| Proceeds from sales and maturities of available-for-sale securities |
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
$10.37M | USD | 1 Quarter |
| Proceeds from sales and maturities of available-for-sale securities |
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
$8.17M | USD | 1 Quarter |
| Total net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-1.38B | USD | 1 Quarter |
| Total net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-1.54B | USD | 1 Quarter |
| Brokered deposit placement fee |
Cashpaidforbrokereddepositplacementfee
|
$2.08M | USD | 1 Quarter |
| Brokered deposit placement fee |
Cashpaidforbrokereddepositplacementfee
|
$7.05M | USD | 1 Quarter |
| Net increase (decrease) in certificates of deposit |
Netincreasedecreaseinbrokeredcertificatesofdeposit
|
$694.98M | USD | 1 Quarter |
| Net increase (decrease) in certificates of deposit |
Netincreasedecreaseinbrokeredcertificatesofdeposit
|
$-151.00M | USD | 1 Quarter |
| Net increase in other deposits |
NetincreaseinNOWaccountdeposits
|
$83.02M | USD | 1 Quarter |
| Net increase in other deposits |
NetincreaseinNOWaccountdeposits
|
$323.61M | USD | 1 Quarter |
| Borrowings collateralized by loans in securitization trusts - issued |
BorrowingsCollateralizedByLoansInTrustIssued
|
$667.85M | USD | 1 Quarter |
| Borrowings collateralized by loans in securitization trusts - issued |
BorrowingsCollateralizedByLoansInTrustIssued
|
$767.99M | USD | 1 Quarter |
| Borrowings collateralized by loans in securitization trusts - repaid |
BorrowingsCollateralizedByLoansInTrustRepaid
|
$200.25M | USD | 1 Quarter |
| Borrowings collateralized by loans in securitization trusts - repaid |
BorrowingsCollateralizedByLoansInTrustRepaid
|
$99.88M | USD | 1 Quarter |
| Issuance costs for unsecured debt offering |
PaymentsOfDebtIssuanceCosts
|
- | USD | 1 Quarter |
| Issuance costs for unsecured debt offering |
PaymentsOfDebtIssuanceCosts
|
$23.00K | USD | 1 Quarter |
| Borrowings under ABCP Facility |
ProceedsFromIssuanceOfCommercialPaper
|
$300.00M | USD | 1 Quarter |
| Borrowings under ABCP Facility |
ProceedsFromIssuanceOfCommercialPaper
|
- | USD | 1 Quarter |
| Repayment of borrowings under ABCP Facility |
RepaymentsOfCommercialPaper
|
- | USD | 1 Quarter |
| Repayment of borrowings under ABCP Facility |
RepaymentsOfCommercialPaper
|
$300.00M | USD | 1 Quarter |
| Fees paid on ABCP Facility |
NetIncreaseDecreaseinUpfrontLoanFees
|
$-1.51M | USD | 1 Quarter |
| Fees paid on ABCP Facility |
NetIncreaseDecreaseinUpfrontLoanFees
|
$-1.06M | USD | 1 Quarter |
| Preferred stock dividends paid |
PaymentsOfDividends
|
$5.58M | USD | 1 Quarter |
| Preferred stock dividends paid |
PaymentsOfDividends
|
$3.40M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$1.47B | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$590.93M | USD | 1 Quarter |
| Net decrease in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$-80.44M | USD | 1 Quarter |
| Net decrease in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$-800.79M | USD | 1 Quarter |
| Cash, cash equivalents and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.97B | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.17B | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.56B | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.64B | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.97B | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.17B | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.56B | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.64B | USD | Point-in-time |
| Interest |
InterestPaid
|
$94.74M | USD | 1 Quarter |
| Interest |
InterestPaid
|
$54.65M | USD | 1 Quarter |
| Income taxes paid |
IncomeTaxesPaid
|
$1.89M | USD | 1 Quarter |
| Income taxes paid |
IncomeTaxesPaid
|
$1.43M | USD | 1 Quarter |
| Income taxes refunded |
ProceedsFromIncomeTaxRefunds
|
$32.00K | USD | 1 Quarter |
| Income taxes refunded |
ProceedsFromIncomeTaxRefunds
|
$990.00K | USD | 1 Quarter |
| Total cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.97B | USD | Point-in-time |
| Total cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.17B | USD | Point-in-time |
| Total cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.56B | USD | Point-in-time |
| Total cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.64B | USD | Point-in-time |
Stockholders Equity
26 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.47B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.44B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.61B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.35B | USD | Point-in-time |
| Net income |
ProfitLoss
|
$94.94M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$126.25M | USD | 1 Quarter |
| Other comprehensive income (loss), net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$1.98M | USD | 1 Quarter |
| Other comprehensive income (loss), net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$12.26M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$138.51M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$96.92M | USD | 1 Quarter |
| Dividend equivalent units related to employee stock-based compensation plans |
DividendsShareBasedCompensation
|
- | USD | 1 Quarter |
| Issuance of common shares (in shares) |
StockIssuedDuringPeriodSharesNewIssues
|
3.74M | shares | 1 Quarter |
| Issuance of common shares (in shares) |
StockIssuedDuringPeriodSharesNewIssues
|
5.56M | shares | 1 Quarter |
| Issuance of common shares |
StockIssuedDuringPeriodValueNewIssues
|
$16.70M | USD | 1 Quarter |
| Issuance of common shares |
StockIssuedDuringPeriodValueNewIssues
|
$6.54M | USD | 1 Quarter |
| Tax benefit related to employee stock-based compensation |
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
|
- | USD | 1 Quarter |
| Stock-based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$14.74M | USD | 1 Quarter |
| Stock-based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$9.43M | USD | 1 Quarter |
| Shares repurchased related to employee stock-based compensation plans (in shares) |
SharesPaidForTaxWithholdingForShareBasedCompensation
|
2.74M | shares | 1 Quarter |
| Shares repurchased related to employee stock-based compensation plans (in shares) |
SharesPaidForTaxWithholdingForShareBasedCompensation
|
1.60M | shares | 1 Quarter |
| Shares repurchased related to employee stock-based compensation plans |
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
$19.18M | USD | 1 Quarter |
| Shares repurchased related to employee stock-based compensation plans |
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
$30.98M | USD | 1 Quarter |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.47B | USD | Point-in-time |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.44B | USD | Point-in-time |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.61B | USD | Point-in-time |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.35B | USD | Point-in-time |
Comprehensive Income
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$94.94M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$126.25M | USD | 1 Quarter |
| Unrealized losses on investments |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$-1.57M | USD | 1 Quarter |
| Unrealized losses on investments |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$-4.13M | USD | 1 Quarter |
| Unrealized gains on cash flow hedges |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax
|
$4.78M | USD | 1 Quarter |
| Unrealized gains on cash flow hedges |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax
|
$20.29M | USD | 1 Quarter |
| Total unrealized gains |
OtherComprehensiveIncomeLossBeforeTax
|
$3.21M | USD | 1 Quarter |
| Total unrealized gains |
OtherComprehensiveIncomeLossBeforeTax
|
$16.16M | USD | 1 Quarter |
| Income tax expense |
OtherComprehensiveIncomeLossTax
|
$3.90M | USD | 1 Quarter |
| Income tax expense |
OtherComprehensiveIncomeLossTax
|
$1.23M | USD | 1 Quarter |
| Other comprehensive income, net of tax expense |
OtherComprehensiveIncomeLossNetOfTax
|
$1.98M | USD | 1 Quarter |
| Other comprehensive income, net of tax expense |
OtherComprehensiveIncomeLossNetOfTax
|
$12.26M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$96.92M | USD | 1 Quarter |
| Total comprehensive income |
ComprehensiveIncomeNetOfTax
|
$138.51M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.