Nelnet INC 8-K filings

Nelnet, Inc. reported a substantial decrease in second quarter 2026 GAAP net income to $66.7 million ($1.85 per share) from $181.5 million ($4.97 per share) in the prior year, primarily due to a large gain from an investment redemption in Q2 2025.

Nelnet, Inc. announced that its subsidiary, Nelnet Bank, has filed its Consolidated Reports of Condition and Income for the quarter ended June 30, 2026.

Nelnet, Inc. held its 2026 annual meeting of shareholders on May 14, 2026, where directors were elected, the appointment of KPMG LLP was ratified, and amendments to the Directors Stock Compensation Plan were approved.

Nelnet reported first quarter 2026 GAAP net income of $71.1 million, or $1.97 per share, a decrease from $82.6 million, or $2.26 per share, in the prior year, impacted by derivative market value adjustments and increased loan loss provisions.

Nelnet, Inc. has entered into a new $435 million unsecured line of credit, replacing its previous $495 million agreement.

Adam Peterson has resigned from Nelnet, Inc.'s Board of Directors effective March 23, 2026, citing business and personal reasons.

Nelnet reported record earnings of $428.5 million, or $11.79 per share, in 2025, driven by diversified business growth and strategic asset adjustments.

Nelnet, Inc. completed its previously announced acquisition of Finastra's Canadian student loan servicing business for approximately USD $95 million in cash.

Nelnet Bank, a wholly-owned subsidiary of Nelnet, Inc., filed its Consolidated Reports of Condition and Income for the quarter ended December 31, 2025, with the Federal Deposit Insurance Corporation.

Nelnet's long-serving President and Nelnet Business Services CEO, Tim Tewes, will retire effective June 30, 2026, after over 25 years with the company.

Nelnet reported a significant increase in third-quarter 2025 GAAP net income to $106.7 million, driven by non-recurring revenue, a venture capital gain, and strong core business performance.

Nelnet Bank, a wholly-owned subsidiary of Nelnet, Inc., filed its Consolidated Reports of Condition and Income for the quarter ended September 30, 2025, with the Federal Deposit Insurance Corporation.

Nelnet Canada, a wholly owned subsidiary of Nelnet, Inc., has entered into an agreement to acquire Finastra's Canadian student loan servicing business for CAD $130 million.

Nelnet, Inc. announced it received $10 million from a partial redemption of an equity investment in a technology company, expecting a total pre-tax gain of approximately $30 million.

Nelnet, Inc. announced a significant increase in second-quarter 2025 GAAP net income and EPS, primarily driven by a substantial gain from the partial redemption of its investment in ALLO Holdings, LLC.

Nelnet, Inc.'s wholly-owned subsidiary, Nelnet Bank, has filed its Consolidated Reports of Condition and Income for the quarter ended June 30, 2025, with the Federal Deposit Insurance Corporation.

Nelnet, Inc. announced it received $411 million in cash proceeds and recognized a $175 million pre-tax gain from the redemption of certain membership interests in ALLO Holdings LLC, reducing its ownership from 45% to 27%.

Nelnet, Inc. held its annual shareholder meeting on May 15, 2025, and shareholders elected directors, ratified the appointment of KPMG LLP, and approved executive compensation.

Nelnet announces a solid start to 2025 with increased GAAP net income and strategic investments in core businesses.

Nelnet Bank, a subsidiary of Nelnet, Inc., submitted its Q1 2025 Consolidated Reports of Condition and Income to the FDIC on April 29, 2025.

Nelnet, Inc. will receive approximately $410 million in cash proceeds and recognize a pre-tax gain of approximately $175 million through a membership unit redemption agreement with ALLO Holdings LLC.

Nelnet's 2024 shareholder letter highlights record performance in business services, strategic reinvestment in diversified services, and consolidation in financial services, resulting in increased earnings and a strong balance sheet.

Nelnet Bank, a subsidiary of Nelnet, Inc., has filed its quarterly financial report with the Federal Deposit Insurance Corporation (FDIC) for the period ending December 31, 2024.

Nelnet reported a net income of $2.4 million for the third quarter of 2024, a significant decrease compared to $44.4 million in the same period last year, primarily due to non-cash expenses.

Nelnet Bank, a subsidiary of Nelnet, Inc., has filed its quarterly financial report with the Federal Deposit Insurance Corporation (FDIC) for the period ending September 30, 2024.

Nelnet reported a significant increase in GAAP net income for the second quarter of 2024, reaching $45.1 million, or $1.23 per share, compared to $27.4 million, or $0.73 per share, in the same period last year.

Nelnet Bank, a subsidiary of Nelnet, Inc., has filed its quarterly financial report with the Federal Deposit Insurance Corporation (FDIC) for the period ending June 30, 2024.

Nelnet's shareholders approved an amended stock plan, elected three Class I directors, and ratified the appointment of KPMG LLP as the independent auditor at their 2024 annual meeting.

Nelnet's first quarter of 2024 saw a significant increase in net income, driven by strong performance across its core businesses.

Nelnet Bank, a subsidiary of Nelnet, Inc., has filed its first quarter 2024 financial report with the Federal Deposit Insurance Corporation.