Nelnet (NNI) Tops Q4 EPS by 21c

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Go back to Nelnet (NNI) Tops Q4 EPS by 21c

Nelnet Reports Fourth Quarter 2021 Results

February 28, 2022 4:15 PM EST

LINCOLN, Neb., Feb. 28, 2022 /PRNewswire/ -- Nelnet (NYSE: NNI) today reported GAAP net income of $132.7 million, or $3.46 per share, for the fourth quarter of 2021, compared with GAAP net income of $235.0 million, or $6.10 per share, for the same period a year ago.

Net income, excluding derivative market value adjustments1, was $95.9 million, or $2.50 per share, for the fourth quarter of 2021, compared with $240.4 million, or $6.23 per share, for the same period in 2020.

"2021 was a tremendous year for Nelnet," said Jeff Noordhoek, chief executive officer of Nelnet. "We advanced our purpose... More