Nelnet, Inc. filings document operating results, subsidiary banking disclosures, governance matters, and financing arrangements for a company active in loan servicing, loan asset management, education technology, payment services, and Nelnet Bank. Its 8-K reports furnish quarterly earnings materials, Regulation FD disclosures for Nelnet Bank Call Reports, material agreements, and board-level changes.
Proxy materials describe director elections, executive compensation, equity awards, shareholder voting matters, and board governance. Financing disclosures include credit agreements, subsidiary guarantees, borrowing covenants, recourse indebtedness limits, and asset quality tests tied to non-FFELP loans held by the company and its consolidated subsidiaries.
Nelnet, Inc. (NNI) reported third-quarter net interest income of $101.4 million, compared with $85.3 million a year earlier, while net income attributable to Nelnet was $76.2 million versus $106.7 million; diluted earnings per share were $2.13, down from $2.94. For the nine months ended September 30, 2026, attributable net income was $214.0 million versus $370.7 million, while operating cash flow was $341.2 million versus $285.4 million.
At September 30, 2026, total assets were $14.14 billion, including $9.67 billion in loans and accrued interest receivable, net of allowance; bonds and notes payable were $6.77 billion. Nine-month provision for loan losses was $133.7 million, compared with $29.7 million. Management attributed increased consumer-loan provisions and charge-offs to portfolio growth and seasoning, and said delinquency and net charge-off rates remained consistent with expectations.
Nelnet acquired NDS Canada for CAD $146.8 million (USD $107.6 million) after a working-capital adjustment, and completed three NBS acquisitions for total consideration of $30.9 million. NDS Canada provides Canadian student-loan servicing; the NBS acquisitions expand education-technology offerings, and their purchase-price allocations remained subject to finalization.
Nelnet (NNI) reported third-quarter 2026 GAAP net income attributable to the company of $76.2 million, or $2.13 per share, compared with $106.7 million, or $2.94 per share, a year earlier. Net income excluding derivative market value adjustments, a non-GAAP measure, was $67.9 million ($1.89 per share), versus $107.3 million ($2.95). Net interest income was $101.4 million, compared with $85.3 million, while net interest income after provision was $61.1 million, versus $86.7 million.
AGM and Nelnet Bank Q3 net income was $33.9 million and $12.0 million, versus $27.8 million and $4.6 million a year earlier. Loan Servicing and Systems net income was $12.5 million, versus $35.2 million; it serviced $523.6 billion in loans for 15.4 million borrowers as of September 30, 2026. Nelnet repurchased 415,332 Class A shares for $53.1 million in Q3 and 295,990 shares for $37.0 million through November 5, 2026, after quarter-end. It declared a $0.36 fourth-quarter dividend, payable December 15, 2026, to shareholders of record December 1, 2026, and announced an acquisition of Entab in October.
Nelnet, Inc. (NNI) disclosed that its wholly owned bank subsidiary, Nelnet Bank, filed its Consolidated Reports of Condition and Income for a Bank with Domestic Offices Only and Total Assets Less than $5 Billion (FFIEC 051) with the FDIC for the quarter ended September 30, 2026. Publicly available portions of the report are available on the FDIC’s website.
Nelnet Inc. Chief Financial Officer James D. Kruger reported gift transfers of Class A common stock on October 5, 2026, as two GRATs terminated: 4,080 shares from a GRAT he established and 4,080 shares from a GRAT established by his spouse. Three trusts for his adult children each received two 1,360-share transfers. Reported holdings include 72,289 shares held directly by Kruger and 10,920 shares held by his spouse. No Rule 10b5-1 plan is reported.
NELNET INC (symbol: NNI) is the issuer of record for a Form 4 filing submitted to the SEC. Rath Kimberly Kay reported acquisition or exercise transactions in this Form 4 filing.
NELNET INC (NNI) reported that director Kimberly Kay Rath received an award of 93 units of phantom stock on September 15, 2026 under the company’s Directors Stock Compensation Plan. Each unit is convertible 1-for-1 into Class A Common Stock and becomes payable only after her service on the Board ends, either in a lump sum or in up to five annual installments, as she elects. Following this award and dividend reinvestments under the plan, she now holds 65,491 phantom stock units.
NELNET INC (symbol: NNI) is the issuer of record for a Form 4 filing submitted to the SEC. Farrell Kathleen Anne reported acquisition or exercise transactions in this Form 4 filing.
NELNET INC (NNI) director Kathleen Anne Farrell received an automatic equity award of 185 shares of Class A Common Stock on September 15, 2026, under the company’s Directors Stock Compensation Plan. After this grant, she directly holds 22,755 Class A shares. No Rule 10b5-1 trading plan is reported.
NELNET INC (NNI) reported that director David S. Graff received a grant of Class A Common Stock. On September 15, 2026, he acquired 93 shares as a grant or award at a reference value of $108.37 per share, bringing his directly held stake to 31,953 shares. The shares were granted under the issuer's Directors Stock Compensation Plan.
NELNET INC (NNI) reported that director Edward Sysel Pallesen acquired 1,046 shares of Class A Common Stock on September 15, 2026 through a stock grant under the company’s Directors Stock Compensation Plan. The award was valued at $108.37 per share, and his directly held stake after the grant is 1,046 shares. No Rule 10b5-1 trading plan is reported.
NELNET INC (NNI) has a new insider disclosure as Edward Sysel Pallesen filed an initial Form 3 as a director of the company. The filing reports no transactions and no reportable equity holdings at this time, and includes a Power of Attorney as an exhibit.
NELNET INC (symbol: NNI) is the issuer of record for a Form 4 filing submitted to the SEC. KLEIN ANGIE J reported acquisition or exercise transactions in this Form 4 filing.
NELNET INC (NNI) director Angie J. Klein received a grant of 1,108 shares of Class A Common Stock on September 15, 2026, valued at $108.37 per share, under the company’s Directors Stock Compensation Plan. After this award, she directly holds 1,108 shares of Nelnet stock.