Highest-materiality recent filing
Nelnet Q2 GAAP net income $66.7M vs $181.5M; prior year included $175M ALLO gain
GAAP net income $66.7M ($1.85/sh) vs $181.5M ($4.97/sh) in Q2 2025; prior year included $175M gain from ALLO redemption.
Nelnet Bank files Q2 2026 Call Report with FDIC; no specific results disclosed
Nelnet Bank filed its FFIEC 051 Call Report for quarter ended June 30, 2026 with the FDIC.
Nelnet shareholders approve all four proposals at 2026 annual meeting
All three Class III director nominees elected with over 119M shares For each.
Nelnet Q1 GAAP EPS $1.97 vs $2.26 YoY; revenue rises in loan servicing, education tech
GAAP net income $71.1M ($1.97/diluted share) vs $82.6M ($2.26) year ago; adjusted net income $69.9M ($1.94).
Nelnet Bank Q1 2026 Call Report filed with FDIC; no financial details disclosed
Nelnet Bank filed its FFIEC 051 Call Report for quarter ended March 31, 2026, with the FDIC.
Nelnet enters $435M unsecured credit line, terminates prior $495M facility
New $435M unsecured revolving credit facility dated March 31, 2026, maturing March 31, 2031.
Director Adam Peterson resigns from Nelnet board effective March 23, 2026
Resignation for business and personal reasons; not due to disagreement with company.
Nelnet Q4 GAAP EPS $1.60 vs $1.73 YoY; record annual net income of $428.5M
Q4 GAAP net income $57.8M ($1.60/diluted share) vs $63.2M ($1.73); adjusted EPS $1.56.
Nelnet completes CAD $130.5M acquisition of Finastra's Canadian student loan business
Total cash consideration CAD $130.5M (~USD $95M) for Finastra's Canadian student loan servicing business.
Nelnet Bank files Q4 2025 Call Report; no financial details in 8-K
Nelnet Bank filed its Call Report for quarter ended Dec 31, 2025 with FDIC.
Nelnet President and NBS CEO Tim Tewes to retire effective June 30, 2026
Tim Tewes notified retirement on January 15, 2026; effective June 30, 2026, ending over 25 years of service.
Nelnet Q3 GAAP EPS $2.94 vs $0.07 YoY; adjusted $2.95; one-time items boost
GAAP net income $106.7M ($2.94/sh) vs $2.4M ($0.07/share) YoY; adjusted net income $107.3M ($2.95/sh) vs $12.4M ($0.34/sh).
Nelnet Bank subsidiary files Q3 2025 Call Report with FDIC; no financial details disclosed
Nelnet Bank filed its FFIEC 051 Call Report for the quarter ended September 30, 2025 with the FDIC.
Nelnet Canada to acquire Finastra's Canadian student loan servicing business for CAD $130M cash
Purchase price of CAD $130 million (approximately USD $93 million) in cash.
Nelnet expects ~$30M total pre-tax gains from tech investee equity raise
Received $10M cash from partial redemption of investment; expects ~$8M pre-tax gain.
Nelnet Q2 GAAP EPS $4.97 vs $1.23; ALLO gain $3.65/sh; loan servicing profit surges
GAAP net income $181.5M ($4.97/sh) vs $45.1M ($1.23/sh) YoY; adjusted (ex-derivatives) $184.4M ($5.05/sh).
Nelnet Bank Q2 2025 call report filed with FDIC; no financial results disclosed
Nelnet Bank filed its FFIEC 051 Call Report for period ended June 30, 2025 with FDIC.
Nelnet receives $411M in ALLO unit redemption, records $175M pre-tax gain
Cash proceeds of $411M from redeeming ALLO voting and all preferred membership interests.
Three Class II directors elected: Matthew Dunlap (126.5M for, 456K against), Adam Peterson (125.6M for, 1.4M against), Kimberly Rath (122.8M for, 4.2M against).
Nelnet Q1 GAAP net income $82.6M ($2.26/sh); announces ALLO redemption for ~$410M, new buyback
GAAP net income of $82.6M ($2.26 EPS) vs $73.4M ($1.98) YoY; adjusted net income $87.4M ($2.39 EPS).
Nelnet Bank files Q1 2025 Call Report with FDIC; no financial details in 8-K
Nelnet Bank filed FFIEC 051 Call Report for quarter ended March 31, 2025 with FDIC on April 29.
Nelnet to receive ~$410M in ALLO redemption, pre-tax gain of ~$175M; ownership drops to 26%
Nelnet expects aggregate cash proceeds of approximately $410 million from ALLO membership unit redemption.
Nelnet reports Q4 GAAP net income $63.2M ($1.73/sh) vs loss of $7.9M; full-year doubles
GAAP net income Q4 $63.2M ($1.73/sh) vs net loss $7.9M ($0.21) YoY; adjusted net income $52.7M ($1.44).
Nelnet Bank files Q4 2024 Call Report with FDIC; no specific financial details in 8-K
Nelnet Bank, wholly-owned subsidiary of Nelnet Inc., filed FFIEC 051 Call Report for quarter ended Dec 31, 2024.
Nelnet Q3 GAAP net income falls to $2.4M ($0.07/sh) from $44.4M; adjusted EPS $0.34 vs $1.12
Non-cash provision expense of $29.0M on loan securitizations; $5.6M debt redemption charge; $11.2M solar losses; $8.8M legacy solar project losses.
Nelnet Bank files quarterly Call Report with FDIC for Q3 2024
Nelnet Bank filed its FFIEC 051 Call Report for the quarter ended September 30, 2024 with the FDIC.
Nelnet Q2 GAAP net income $45.1M ($1.23/sh) up from $27.4M; loan servicing revenue down
GAAP net income $45.1M ($1.23/sh) vs $27.4M ($0.73/sh) YoY; adjusted $43.9M ($1.20/sh).
Nelnet Bank files Q2 2024 Call Report with FDIC
Nelnet Bank (wholly-owned subsidiary) filed its FFIEC 051 Call Report with the FDIC for Q2 2024.
Nelnet shareholders re-elect directors, approve increase in restricted stock plan shares to 6M
Preeta D. Bansal, Michael S. Dunlap, Jona M. Van Deun re-elected as Class I directors with ~96-98% for votes.
Nelnet Q1 GAAP EPS $1.97 vs $0.71 YoY; adj EPS $1.81; repurchases $75.3M
GAAP net income $73.2M ($1.97/share) vs $26.5M ($0.71) in Q1 2023.
Nelnet Bank files Q1 2024 Call Report with FDIC; no financials disclosed in 8-K
Nelnet Bank filed FFIEC 051 Call Report for quarter ended March 31, 2024 with FDIC on April 29, 2024.
Nelnet Q4 GAAP net loss $8.6M ($0.23/share) on renewable charges
GAAP net loss $8.6M vs net income $30.8M YoY; non-GAAP net loss $1.3M ($0.04/share).
Nelnet Bank files Q4 2023 Call Report; no financial details provided in 8-K
Nelnet Bank, wholly-owned subsidiary of Nelnet Inc., submitted its FFIEC 051 Call Report for quarter ended Dec 31, 2023 to the FDIC.
Nelnet Q3 GAAP EPS $1.21 vs $2.80 YoY; loan portfolio runoff continues
GAAP net income $45.3M ($1.21/sh) vs $104.8M ($2.80/sh) in Q3 2022; adjusted EPS $1.15 vs $1.73.
Nelnet Bank files Q3 2023 Call Report with FDIC; no specific financials disclosed in 8-K
Nelnet Bank, subsidiary of Nelnet Inc., filed its quarterly Call Report (FFIEC 051) for period ended Sep 30, 2023 with FDIC.
Nelnet Q2 GAAP EPS $0.75 vs $2.26 YoY; debt redemption charge $0.53/share
GAAP net income $28.3M ($0.75/share) vs $85.1M ($2.26); adjusted EPS $0.71 vs $1.44.
Nelnet Discloses Filing of Quarterly Call Report for Nelnet Bank with FDIC
Nelnet Bank filed its FFIEC 051 Call Report for Q2 2023 with the FDIC on July 27, 2023.
Nelnet board adopts annual say-on-pay vote after shareholder advisory vote
Shareholders voted for annual frequency of advisory votes on executive compensation.
Nelnet shareholders OK 200k share increase in director plan, exec plan extension to 2033
Directors Farrell, Graff, Henning re-elected with >95% of votes cast.
Nelnet Q1 GAAP EPS $0.71 vs $4.91 YoY; adjusted EPS $1.47; new DoEd servicing contract
GAAP net income $26.5M ($0.71/sh) down from $186.6M ($4.91/sh) YoY; adjusted net income $54.9M ($1.47/sh) down from $75.9M ($1.99/sh).
Nelnet Bank files Q1 2023 Call Report with FDIC
Nelnet Bank, wholly-owned subsidiary of Nelnet Inc., submitted its FFIEC 051 Call Report for quarter ended March 31, 2023.
Nelnet subsidiary awarded USDS student loan servicing contract by Dept of Education
NDS awarded USDS contract effective April 24, 2023; five-year base with up to 5 years of extensions.
Nelnet subsidiaries' student loan servicing fees cut $0.19/borrower by Dept of Education
Monthly fee reduced by $0.19 per borrower effective April 1, 2023; 15.8M borrowers serviced as of Dec 31, 2022.
Nelnet contract modification reduces monthly borrower fee by $0.19; 550 staff eliminated
Monthly fee per borrower cut by $0.19 under amended federal servicing contracts.
Nelnet Q4 2022 GAAP net income $30.8M, down 77% YoY; adjusted EPS $0.98 vs $2.50
GAAP net income Q4 2022: $30.8M ($0.83 per share) vs $132.7M ($3.46) YoY.
Nelnet rebalances board classes following director Cintani's death
Matthew Dunlap resigned as Class III director, immediately appointed Class II director to fill vacancy from William Cintani's passing.
Nelnet Bank files Q4 2022 Call Report with FDIC; no financial data in 8-K
Nelnet Bank filed its FFIEC 051 Call Report for Q4 2022 with the FDIC on Jan 27, 2023.
Nelnet board member William Cintani passes away at age 70
William Cintani, Nelnet board member since May 2012, died Dec 10, 2022 at age 70.
Nelnet Q3 GAAP EPS $2.80 up 103% YoY; adjusted EPS $1.73 up 41%
GAAP net income $104.8M ($2.80/share) vs $53.1M ($1.38) a year ago.
Nelnet Bank files Q3 2022 Call Report with FDIC; no financial details disclosed in 8-K
Nelnet Bank filed its FFIEC 051 Call Report for quarter ended Sep 30, 2022 with the FDIC.
Matthew Dunlap tendered his resignation from service as a Class III director, whereupon the Board, upon the recommendation of the Nominating and Corporate Governance Committee, immediately appointed Mr. Dunlap as a Class II director
appointed Adam K. Peterson as a Class II member of the Board
Jona M. Van Deun, as a Class I member of the Board
James P. Abel notified the Company of his retirement from the Board effective March 17, 2022
Matthew W. Dunlap (“Matthew Dunlap”) as a Class III member of the Board
On February 25, 2022, James P. Abel notified the Company of his retirement from the Company's Board of Directors (the "Board") effective as of March 17, 2022, after more than 18 years of service.
On September 10, 2021, JoAnn M. Martin notified Nelnet, Inc. (the “Company”) of her resignation from the Company's Board of Directors (the “Board”) effective as of September 10, 2021.
Max materiality 0.85 · Median 0.50 · Most common event earnings