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Nelnet (Nelnet) Allowance For Loans And Lease Losses : $-105 Mil (As of Dec. 2023)


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What is Nelnet Allowance For Loans And Lease Losses?

Nelnet's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was $-105 Mil.

Nelnet's quarterly Allowance For Loans And Lease Losses increased from Jun. 2023 ($-114 Mil) to Sep. 2023 ($-110 Mil) and increased from Sep. 2023 ($-110 Mil) to Dec. 2023 ($-105 Mil).

Nelnet's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-127 Mil) to Dec. 2022 ($-132 Mil) but then increased from Dec. 2022 ($-132 Mil) to Dec. 2023 ($-105 Mil).


Nelnet Allowance For Loans And Lease Losses Historical Data

The historical data trend for Nelnet's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Nelnet Allowance For Loans And Lease Losses Chart

Nelnet Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial Premium Member Only Premium Member Only -61.91 -175.70 -127.11 -131.83 -104.64

Nelnet Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Allowance For Loans And Lease Losses Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -131.83 -134.70 -114.26 -110.09 -104.64

Nelnet Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.


Nelnet Allowance For Loans And Lease Losses Related Terms

Thank you for viewing the detailed overview of Nelnet's Allowance For Loans And Lease Losses provided by GuruFocus.com. Please click on the following links to see related term pages.


Nelnet (Nelnet) Business Description

Industry
Traded in Other Exchanges
Address
121 South 13th Street, Suite 100, Lincoln, NE, USA, 68508
Nelnet Inc is a United States based company engaged in these five segments; Loan Servicing and Systems focuses on student and consumer loan origination services and servicing, loan origination and servicing-related technology solutions, and outsourcing business services, Education Technology, Services, and Payment Processing provides education services, payment technology, and community management solutions for K-12 schools, institutions, churches, and businesses, Asset Generation and Management Includes the acquisition and management of student and other loan assets, Nelnet Bank focuses on the private education and unsecured consumer loan markets, and Communications provides fiber optic service for internet, telephone, and television services.
Executives
William J Munn officer: Secy, Chief Legal Off, Gen Cou 121 S. 13TH STREET, SUITE 100, LINCOLN NE 68508
Van Deun Jona M director 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Dan D Muhleisen 10 percent owner 6321 DOECREEK CIRCLE, LINCOLN NE 68516
Preeta D Bansal director 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
David S Graff director 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Kimberly Kay Rath director 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Kathleen Anne Farrell director 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Matthew W Dunlap director, officer: Chief Business Develop. Off. 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Magnolia Capital Fund, Lp other: See remarks 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Magnolia Group, Llc other: See remarks 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Adam K Peterson director, other: See below 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Shelby J Butterfield 10 percent owner 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Michael S Dunlap director, 10 percent owner, officer: Chairman, Co-Chief Ex. Officer 121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Joann M Martin director 6221 ANDREW COURT, LINCOLN NE 68512
Angie Mulheisen 10 percent owner 3643 S 48TH STREET P O BOX 82535, LINCOLN NE 68501-2535

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