What is Nelnet's nelnet bank — cost of services?

Nelnet (NNI) reported nelnet bank — cost of services of $0 in Q1 2026.

What does nelnet bank — cost of services mean?

Represents the direct costs associated with delivering the specific services offered by the banking segment. Monitoring this helps evaluate the direct operational efficiency and the variable cost structure required to support the segment's service offerings.

Nelnet NNI Nelnet Bank — Cost of Services

Other segment segments

Education Technology Services and Payments (ETSP)

$49.95M+4.0%

Loan Servicing and Systems (LSS)

$2.09M+27.8%

Asset Generation and Management

$0—

Similar metrics at other companies

FRHCBank — Cost of Sales

$0—

BACConsumer Banking — Noninterest expense

$5.84B+0.2%

FISBanking Solutions — Net Personnel Costs

$525M+25.9%

CBanking — Noninterest Expense

$1.24B+19.9%

VLYConsumer Banking — Non-interest expense

$65.61M+4.5%

COFConsumer Banking — Non-interest expense

$2B+26.4%

Other financials

Income statement

See full

Net income$71.1M-13.8%

EPS (diluted)$1.97-12.8%

Balance sheet

See full

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

See full

Operating cash flow$73.1M-19.8%

CapEx$11.6M+242%

Free cash flow$61.6M-29.9%

Valuation

See full

Market cap$4.68B+14.9%

Returns & leverage

See full

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:CostOfGoodsAndServicesSold.

The official record: Nelnet’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Nelnet's nelnet bank — cost of services?: Nelnet (NNI) reported nelnet bank — cost of services of $0 in Q1 2026.
What does nelnet bank — cost of services mean?: Represents the direct costs associated with delivering the specific services offered by the banking segment. Monitoring this helps evaluate the direct operational efficiency and the variable cost structure required to support the segment's service offerings.