Nelnet Reports Third Quarter 2026 Results
PR Newswire•05/11/2026•16:15 ET
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Key Highlights
- ➤Nelnet (NNI) Q3 GAAP net income $76.2M, or $2.13/share, declined year over year
- ➤AGM net income rose to $33.9M from $27.8M year over year
- ➤Nelnet Bank net income increased to $12.0M from $4.6M
- ➤Loan Servicing net income fell to $12.5M from $35.2M
- ➤Fourth-quarter dividend declared at $0.36 per share
Expert Statements
Jeff Noordhoek, Chief executive officer of Nelnet
“We delivered strong operating performance this quarter, with continued progress diversifying our products and customer base.”
LINCOLN, Neb., Nov. 5, 2026 /PRNewswire/ -- Nelnet (NYSE: NNI) today reported GAAP net income of $76.2 million, or $2.13 per share, for the third quarter of 2026, compared with GAAP net income of $106.7 million, or $2.94 per share, for the same period a year ago.
Net income, excluding derivative market value adjustments(1), was $67.9 million, or $1.89 per share, for the third quarter of 2026, compared with $107.3 million, or $2.95 per share, for the same period in 2025.
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