Company Nelnet, Inc.

Equities

NNI

US64031N1081

Consumer Lending

Real-time Estimate Cboe BZX 11:11:41 2024-03-28 am EDT 5-day change 1st Jan Change
94.62 USD +1.39% Intraday chart for Nelnet, Inc. +4.47% +7.19%

Business Summary

Nelnet, Inc. is a diversified company that is focused on offering loan servicing and education technology, services, and payment processing. The Company's segments include Loan Servicing and Systems (LSS); Education Technology, Services, and Payment Processing (ETS&PP); Communications; Asset Generation and Management (AGM), and Nelnet Bank. The LSS segment is focused on student and consumer loan origination services and servicing, loan origination and servicing-related technology solutions. The ETS&PP segment provides education services, payment technology, and community management solutions. The Communications segment is focused on providing fiber optic service directly to homes and businesses for Internet, telephone, and television services. The AGM segment includes the acquisition, management and ownership of student and other loan assets. The Company's Nelnet Bank segment is focused on the private education and unsecured consumer loan marketplace.

Number of employees: 7,550

Sales per Business

USD in Million2022Weight2023Weight Delta
Asset Generation and Management
49.0 %
965 48.5 % 1,012 49.0 % +4.89%
Loan Servicing and Systems
26.8 %
568 28.6 % 554 26.8 % -2.53%
Education Technology, Services, and Payment Processing
23.5 %
416 20.9 % 486 23.5 % +16.95%
Nelnet Financial Services Other
4.9 %
- - 102 4.9 % -
Corporate and Other Activities
-3.6 %
59 3.0 % -74 -3.6 % -225.87%
Eliminations
-3.5 %
-48 -2.4 % -73 -3.5 % +53.59%
Nelnet Bank
2.8 %
28 1.4 % 58 2.8 % +104.04%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
1,989 100.0 % 2,065 100.0 % +3.83%

Managers

Managers TitleAgeSince
Chief Executive Officer 58 95-12-31
Founder 61 -
Director of Finance/CFO 61 97-12-31
President 65 05-05-31
Chief Operating Officer 59 98-09-30
Director/Board Member 35 22-03-16
Investor Relations Contact - -
General Counsel 56 98-09-30

Members of the board

Members of the board TitleAgeSince
Director/Board Member 71 03-07-31
President 65 05-05-31
Founder 61 -
Director/Board Member 42 14-05-21
Director/Board Member 60 07-10-30
Director/Board Member 59 18-11-07
Director of Finance/CFO 61 97-12-31
Director/Board Member 43 22-03-16
Director/Board Member 54 22-03-16
Director/Board Member 35 22-03-16

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 10 10,663,088 0 0 44.19 %
Stock B 1 26,378,391 16,370,448 ( 62.06 %) 0

Shareholders

NameEquities%Valuation
4,967,999 18.64 % 427 M $
Dimensional Fund Advisors LP
7.790 %
2,076,549 7.790 % 178 M $
The Magnolia Group LLC
7.128 %
1,900,000 7.128 % 163 M $
1,864,177 6.994 % 160 M $
1,460,476 5.479 % 125 M $
Vanguard Fiduciary Trust Co.
4.915 %
1,310,085 4.915 % 112 M $
Farmers & Merchants Investment, Inc. (Lincoln, Nebraska)
4.463 %
1,189,726 4.463 % 102 M $
BlackRock Advisors LLC
4.037 %
1,076,106 4.037 % 92 M $
Union Bank & Trust Co. (Investment Management)
3.499 %
932,710 3.499 % 80 M $
552,679 2.073 % 47 M $
NameEquities%Valuation
7,542,713 65.62 % 648 M $
Farmers & Merchants Investment, Inc. (Lincoln, Nebraska)
19.58 %
2,250,882 19.58 % 193 M $
1,270,956 11.06 % 109 M $
15,370 0.1337 % 1 M $
Matthew Dunlap
0.000870 %
100 0.000870 % 8 587 $

Company contact information

Nelnet, Inc.

121 South 13th Street Suite 100

68508, Lincoln

+402 458 2370

http://www.nelnet.com
address Nelnet, Inc.(NNI)

Group companies

NameCategory and Sector
Finance/Rental/Leasing