Welcome to our dedicated page for Nelnet news (Ticker: NNI), a resource for investors and traders seeking the latest updates and insights on Nelnet stock.
Nelnet, Inc. (NYSE: NNI) operates at the intersection of financial services, education technology, and renewable energy solutions. This news hub provides investors and industry observers with official updates across the company's core operations: student loan servicing platforms, K-12 education software, and commercial solar project developments.
Access timely press releases covering earnings results, strategic partnerships, and regulatory milestones. Our curated collection helps stakeholders monitor Nelnet's progress in asset management innovations, payment processing advancements, and sustainable energy initiatives.
Key updates include quarterly financial disclosures, technology platform enhancements, and renewable energy portfolio expansions. Bookmark this page for direct access to Nelnet's corporate communications, including merger/acquisition announcements and leadership updates.
Nelnet Campus Commerce (NYSE: NNI) processed nearly 300,000 student refunds in 2025 under its Nelnet Refunds product as part of Project Horizon. That includes more than 230,000 ACH refunds totaling $602 million and over 60,000 paper check refunds near $90 million. The platform aims to automate Title IV refund disbursements, reduce manual bursar work, and let students choose disbursement methods and track status via an online portal.
Nelnet says Project Horizon is a multi-year modernization effort to improve engagement, product and support across campus payments.
Nelnet (NYSE: NNI) reported GAAP net income of $106.7 million ($2.94/share) for Q3 2025, versus $2.4 million ($0.07/share) a year earlier. Net income excluding derivative market value adjustments was $107.3 million ($2.95/share) in Q3 2025 versus $12.4 million ($0.34/share) in Q3 2024.
Key one-time items: $32.9M non-recurring government servicing revenue, $30.2M gain on a venture investment, $28.9M negative provision from a loan sale, and $20.1M of certain expenses (including $8.3M debt repurchase loss and ~$11.8M of solar-related charges).
Operational highlights: servicing portfolio of $508.7B for 14.2M borrowers, Nelnet Bank assets $2.00B, announced acquisition of Finastra's Canadian student loan servicing business for ~$93M (expected close Q1 2026), repurchased $53.1M of shares YTD, and declared a $0.33 quarterly dividend payable Dec 15, 2025.
Nelnet Campus Commerce (NYSE: NNI) advanced Project Horizon after its 2025 Virtual Client Summit, held Oct 16, 2025 with more than 500 higher-education attendees. The company announced product roadmap progress and feature updates co-developed with colleges, including enhanced flexible payment plans, updates to Nelnet Notify for personalized automated communications, and Scholarship Manager workflow improvements to streamline award distribution. A redesigned billing and payments platform is slated for release in late 2026. The initiative also expands support with 24/7 domestic service, proactive outreach, and client advisory programs to guide implementation.
Nelnet (NYSE: NNI) announced that its wholly owned subsidiary Nelnet Canada agreed to acquire Finastra's Canadian student loan servicing business, with the transaction expected to close in Q1 2026 subject to customary closing conditions.
Key disclosed facts: the acquired business services 2.4 million borrowers on proprietary platforms, will remain headquartered in Mississauga, Ontario, and will continue operating with >450 employees and contractors led by Susan Tersigni reporting to Joe Popevis.
RBC Capital Markets advised Finastra; Stikeman Elliott advised Finastra; Osler, Hoskin & Harcourt advised Nelnet.
Nelnet (NYSE: NNI) will release results for the third quarter ended September 30, 2025 after the close of the New York Stock Exchange on Thursday, November 6, 2025. Additional earnings materials and supplemental information will be made available on the company investor website at www.nelnetinvestors.com. The announcement gives investors the date and access point to review Nelnet's Q3 2025 financial results and accompanying disclosures.
Nelnet (NYSE: NNI) served as co-sponsor for EDGEX 2025-2, a $200 million Rule 144A asset-backed securitization backed by unsecured consumer loans, closed October 9, 2025. The deal is Edge Focus’s second EDGEX issuance and featured two senior notes placed with major institutional investors. Performance Trust Capital Partners led structuring, with CRB Securities as placement agent. Edge Focus said the transaction advances its multi-platform capital markets strategy and leverages its proprietary underwriting and analytics platforms Origin and Lens to build a repeat issuance program for qualified institutional buyers.
Nelnet Campus Commerce (NYSE:NNI) announced its upcoming annual Virtual Client Summit scheduled for October 16, 2025. The free, full-day virtual event will connect bursars, financial aid officers, IT leaders, and administrators from over 1,000 client institutions to collaborate on campus payment technology innovation.
The summit will showcase client-led presentations, product updates, and a detailed look at Project Horizon, Nelnet's multi-year transformation initiative for modernizing student payments and financial engagement. The event will highlight AI integration in tools like Nelnet Notify and explore the development of a new cloud-based platform focused on simplifying administrative processes and enhancing student experiences.
Nelnet (NYSE:NNI) has launched Notify, a new automated communication platform designed to enhance campus communication and streamline billing and payment processes for higher education institutions.
The platform features automated outreach, real-time syncing, and personalized messaging capabilities, allowing schools to deliver timely and relevant communications to students. Key features include automated outreach with dynamic recipient lists, personalized data-driven messaging, and streamlined operational efficiency.
According to Jackie Strohbehn, president of Nelnet Campus Commerce, Notify aims to address communication challenges in higher education while reducing manual workload for staff and improving student engagement.
Nelnet (NYSE: NNI) reported strong Q2 2025 results with GAAP net income of $181.5 million ($4.97 per share), compared to $45.1 million ($1.23 per share) in Q2 2024. The significant increase was primarily driven by a $175.0 million gain from the partial redemption of Nelnet's investment in ALLO, reducing its ownership from 45% to 27%.
Key segment performance includes: Loan Servicing revenue increased to $120.7 million (up from $109.1M), servicing $516.1B in loans for 14.5M borrowers. The Asset Generation and Management segment reported loan interest income of $49.9 million, up from $35.8M. Education Technology Services revenue grew to $118.2 million. Nelnet Bank's loan portfolio reached $827.6 million with total deposits of $1.53B.
The company declared a Q3 dividend of $0.30 per share and repurchased 183,554 Class A shares for $21.4M during Q2.
Nelnet (NYSE:NNI) has launched Propelr, a new learning platform designed to enhance employee training and retention. The platform, developed by Nelnet Business Services, offers comprehensive solutions for onboarding, compliance training, professional development, and customer education.
Led by President Scott Spethman, Propelr features AI-powered automation for course creation and management while maintaining a human-centered approach. The platform provides dedicated support, custom learning paths, on-demand virtual learning, and gamification features. Initially focusing on manufacturing, hospitality, and retail sectors, Propelr aims to help organizations improve training efficiency and workforce development.
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