NELNET INC 8-K

What Happened
Nelnet, Inc. (NNI) reported under Item 7.01 (Regulation FD Disclosure) that its wholly owned banking subsidiary, Nelnet Bank, filed its Consolidated Reports of Condition and Income for a Bank with Domestic Offices Only and Total Assets Less than $5 Billion (FFIEC 051) — commonly called the Call Report — with the Federal Deposit Insurance Corporation (FDIC) on January 29, 2026. The Call Report covers the quarter ended December 31, 2025. The filing notes that the publicly available portions can be found on the FDIC website.

Key Details

• Filing date: January 29, 2026 (Call Report for quarter ended December 31, 2025).
• Form: FFIEC 051 — Consolidated Reports of Condition and Income (Call Report) for banks with domestic offices and assets < $5 billion.
• Public access: Report’s public portions available at the FDIC’s site (https://cdr.ffiec.gov/Public/); contents of that site are not incorporated by reference into Nelnet’s 8-K.
• SEC filing detail: Nelnet stated the disclosed information “shall not be deemed filed” for purposes of Section 18 of the Exchange Act and is not incorporated by reference into other securities filings. The 8-K was signed by CFO James D. Kruger on January 30, 2026.

Why It Matters
This disclosure directs investors to a regulatory source with details on Nelnet Bank’s condition and income for Q4 2025, which can supplement investors’ view of the company’s banking subsidiary performance. However, Nelnet clarifies the Call Report excerpts are not being incorporated into its SEC filings or treated as filed under Section 18, so investors should treat the FDIC-posted Call Report as a separate regulatory filing rather than an SEC-filed financial disclosure.