Nelnet, Inc. (NNI) notes Nelnet Bank Q4 2025 FDIC Call Report filing

Rhea-AI Filing Summary

Nelnet, Inc. reported that its wholly owned subsidiary, Nelnet Bank, has filed its quarterly Call Report with the Federal Deposit Insurance Corporation. This Consolidated Report of Condition and Income on Form FFIEC 051 covers the quarter ended December 31, 2025 for a bank with domestic offices and total assets under $5 billion.

The filing notes that the publicly available portions of this Call Report can be accessed on the FDIC’s website. Nelnet also clarifies that this information is being furnished under Regulation FD and is not deemed filed under the securities laws unless specifically incorporated by reference in another filing.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)

January 29, 2026

NELNET, INC.

(Exact name of registrant as specified in its charter)

Nebraska

001-31924

84-0748903

(State or other jurisdiction of incorporation)

(Commission File Number)

(I.R.S. Employer Identification No.)

121 South 13th Street, Suite 100
Lincoln,			Nebraska						68508
(Address of principal executive offices)									(Zip Code)

Registrant's telephone number, including area code (402) 458-2370

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

(17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

(17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol			Name of each exchange on which registered
Class A Common Stock, Par Value $0.01 per Share			NNI			New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company    ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.                                    ☐

Item 7.01 Regulation FD Disclosure.

On January 29, 2026, Nelnet Bank, the wholly-owned bank subsidiary of Nelnet, Inc., filed its Consolidated Reports of Condition and Income for a Bank with Domestic Offices Only and Total Assets Less than $5 Billion - FFIEC 051, for the quarter ended December 31, 2025 (the "Call Report"), with the Federal Deposit Insurance Corporation ("FDIC"). The publicly available portions of the Call Report may be found on the FDIC's website at https://cdr.ffiec.gov/Public/. The contents of the FDIC’s website are not incorporated by reference into, and are not otherwise a part of, this report.

The above information shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”), nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

NELNET, INC.

Date: January 30, 2026                By:    /s/ JAMES D. KRUGER

Name:    James D. Kruger

Title:    Chief Financial Officer

FAQ

What did Nelnet, Inc. (NNI) disclose in this 8-K filing?

Nelnet, Inc. disclosed that Nelnet Bank filed its quarterly FFIEC 051 Call Report with the FDIC for the quarter ended December 31, 2025. The information is furnished under Regulation FD and not deemed filed under the securities laws unless specifically incorporated.

What is the Nelnet Bank Call Report mentioned in the NNI 8-K?

The Call Report is Nelnet Bank’s Consolidated Report of Condition and Income on FFIEC 051 for banks with domestic offices and total assets under $5 billion. It covers the bank’s financial condition and results for the quarter ended December 31, 2025 and is filed with the FDIC.

Where can investors access Nelnet Bank’s FDIC Call Report?

Investors can access the publicly available portions of Nelnet Bank’s Call Report on the FDIC’s website at https://cdr.ffiec.gov/Public/. The company notes that the FDIC website’s contents are not incorporated by reference into Nelnet’s report.

Does the Nelnet, Inc. (NNI) 8-K include the bank’s financial numbers?

The 8-K itself does not include detailed financial numbers from Nelnet Bank. Instead, it states that the bank’s FFIEC 051 Call Report for the quarter ended December 31, 2025 is available on the FDIC’s public website for review.

How is the Nelnet Bank Call Report treated under securities laws?

Nelnet states that the Call Report information is furnished under Regulation FD and is not deemed filed under Section 18 of the Exchange Act. It will only be incorporated into other Securities Act or Exchange Act filings if expressly referenced there.