132.50
+1.51%
Close of 9 Nov 2026, in USD
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About Nelnet
From its filings with the US Securities and Exchange Commission
Nelnet is based in Lincoln, Nebraska and is incorporated in Nebraska. Its shares trade on NYSE under the ticker NNI. The SEC classifies its business as personal credit institutions. In the fiscal year to 31 December 2017, it reported revenue of $0.
Nelnet is an operating holding company with primary businesses in consumer lending, loan servicing, payments, and technology-enabled services, many of which are focused on serving customers in the education sector. The Company conducts these activities both directly and through its wholly owned and majority-owned subsidiaries, and actively manages and operates its businesses on an integrated basis. Nelnet’s largest operating and technology platforms support loan servicing and education-related technology and payment solutions. A significant portion of the Company’s revenue is derived from net interest income earned on a portfolio of federally insured student loans, a substantial portion of which is serviced by the Company.
The Company has also broadened its operating business mix both within and beyond its historical education-focused activities. These businesses include banking and other financial services conducted through the Company’s bank and other subsidiaries, asset management and related customer-facing servicing, real estate development and management, reinsurance operations, renewable energy development, and selected strategic interests in early-stage, emerging growth, and other operating enterprises. The Company actively manages such businesses and holds interests in them for strategic and operational purposes.
Quoted from its 10-K, filed 26 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Financials
- Industry
- Consumer Finance
- Listed since
- 11 Dec 2003
- Employees
- 220
- Website
- nelnet.com ↗
- Head office
- 121 SOUTH 13TH ST, LINCOLN, NE, 68508
- Incorporated in
- NE
- Classification
- Personal Credit Institutions
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. Michael DunlapExecutive Chairman of the Board$1.2m
- Mr. Timothy TewesPresident$1.7m
- Mr. Jeffrey NoordhoekChief Executive Officer$1.6m
- Mr. James KrugerChief Financial Officer$1.7m
- Mr. Deeann WengerPresident of Nelnet Business Services$1.1m
- Mr. Terry HeimesChief Operating Officer$1.6m
- Mr. Emily OlingerChief People Services Officer
- Mr. William MunnCorporate Secretary, Chief Governance Officer, General Counsel$534,163
- Mr. Matthew DunlapChief Business Development Officer, Director, since 2022$184,500
- Mr. Thomas HenningLead Independent Director$292,528
- Ms. Preeta BansalIndependent Director$256,856
- Dr. Kathleen FarrellIndependent Director$250,756
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 29
- Environment
- 2
- Social
- 34
- Governance
- 50
- Carbon reduction policy
- No
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Nelnet Inc has several key strengths that contribute to its success in the market. Firstly, the company has a strong financial position with a solid balance sheet and consistent revenue growth. This financial stability enables Nelnet to invest in new technology and business opportunities, giving it a competitive edge in the industry.
- Additionally, Nelnet has established a strong brand reputation and a wide customer base. The company is known for its exceptional customer service and innovative solutions, which helps it retain existing customers and attract new ones. This strong brand equity positions Nelnet as a trusted and reliable choice for individuals and organizations seeking their services.
Weaknesses
- Despite its strengths, Nelnet Inc also faces certain weaknesses that hinder its growth potential. One of the main weaknesses is its dependency on the student loan industry. As changes in regulations and policies surrounding student loans can significantly impact Nelnet's operations, the company is vulnerable to fluctuations in this specific market.
- Additionally, Nelnet faces competition from other financial service providers and fintech startups. This competitive environment puts pressure on the company to continuously innovate and improve its offerings, making it challenging to maintain market dominance.
Opportunities
- Nelnet Inc has several opportunities to leverage and expand its business. Firstly, the company can explore diversification into other financial sectors beyond student loans. This would allow Nelnet to reduce its reliance on a single industry and tap into new revenue streams.
- Moreover, the growing demand for financial technology solutions presents an opportunity for Nelnet to develop and offer innovative fintech products. By harnessing technology, the company can enhance its efficiency, improve customer experience, and differentiate itself in the market.
Threats
- Finally, there are certain threats that Nelnet Inc needs to address in order to sustain its success. One of the main threats is the ever-changing regulatory landscape governing the financial and student loan industries. Adapting to new regulations and complying with them can pose challenges and increase operational costs for the company.
- Additionally, economic uncertainties and fluctuations in interest rates can impact the demand for student loans, affecting Nelnet's business volume. Also, the emergence of new competitors with disruptive technologies and business models poses a threat to Nelnet's market position.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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