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Nelnet NNI Deposits

Deposits at other companies

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SLMSLM
$20.53B+2.3%
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SoFi Technologies, Inc.SOFI
$45.54B+54.2%
Great Southern Bancorp logo
Great Southern BancorpGSBC
$4.3B-8.2%
Southern Missouri Bancorp logo
Southern Missouri BancorpSMBC
$4.41B+3.0%
First Capital logo
First CapitalFCAP
$1.14B+4.9%
FB Bancorp, Inc. logo
FB Bancorp, Inc.FBLA

Other financials

Income statement

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Net income$71.1M-13.8%
EPS (diluted)$1.97-12.8%

Balance sheet

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Cash & equivalents$240.0M+8.8%
Total debt$7.7B-11.1%
Total equity$3.7B+9.1%
Total assets$14.2B-0.1%

Cash flow

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Operating cash flow$73.1M-19.8%
CapEx$11.6M+242%
Free cash flow$61.6M-29.9%

Valuation

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Market cap$4.85B+5.9%
Enterprise value$12.31B+0.4%
P/E11.6×-2.3×

Returns & leverage

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Return on equity11.7%+5.9pp
Debt / equity2.1×-0.5×

Where this comes from

Reported directly by Nelnet in its filing.

Tagged under the XBRL concept us-gaap:Deposits.

The source filing: Nelnet’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:23 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001258602-26-000033
Line itemAs of / March 31, 2026As of / December 31, 2025
Liabilities:
Bonds and notes payable$7,699,4007,780,927
Accrued interest payable16,91620,426
Bank deposits1,744,5271,669,173
Other liabilities566,618558,184
Due to customers544,444457,844
Total liabilities10,571,90510,486,554
Commitments and contingencies

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Nelnet's deposits?
Nelnet (NNI) reported deposits of $1.74B in Q1 2026.
How has Nelnet's deposits changed year-over-year?
Nelnet's deposits increased by 32.8% year-over-year, from $1.31B to $1.74B.
What is the long-term trend for Nelnet's deposits?
Over 5 years (2020 to 2025), Nelnet's deposits has grown at a 98.2% compound annual growth rate (CAGR), from $54.63M to $1.67B.
What does deposits mean?
Total customer deposits held by a bank or financial institution — the primary funding source for lending operations.

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