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Nelnet Inc - NNI STOCK NEWS

Welcome to our dedicated news page for Nelnet (Ticker: NNI), a resource for investors and traders seeking the latest updates and insights on Nelnet.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Nelnet's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Nelnet's position in the market.

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Rhea-AI Summary
Nelnet reports first quarter 2023 net income of $26.5 million, compared to $186.6 million in the same period last year. The company believes it has the financial strength to continue investing in core businesses and benefit from market turbulence. Nelnet was awarded a new federal student loan servicing contract. AGM segment reports a net loss of $0.2 million, provision for loan losses of $31.9 million, and expense related to derivative instruments of $37.4 million. Nelnet Bank reports a net loss of $0.1 million. Loan Servicing and Systems segment revenue increases to $139.2 million. Education Technology, Services, and Payment Processing segment revenue increases to $133.6 million. Nelnet declares a second quarter dividend of $0.26 per share.
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Nelnet Inc

NYSE:NNI

NNI Rankings

NNI Stock Data

3.48B
13.23M
37.49%
58.97%
0.59%
Credit Card Issuing
Finance and Insurance
Link
US
Lincoln

About NNI

nelnet is a student loan servicer that’s grown into a fiber internet pioneer, real estate investor, and software provider. but that’s just the beginning. with 4,000 employees and growing, we take our business wherever superior customer experiences and ingenuity is needed. find nelnet in 17 different cities, 3 countries, 24+ businesses, 5 industries, and in your linkedin feed by following our page. we have five core values at nelnet: 1. provide superior customer experiences 2. create an awesome work environment 3. pursue opportunities for diversification and growth 4. communicate openly and honestly 5. give back to the communities in which we live and work