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Nelnet Bank: Return on Equity

9.14% Ranks #2,600 of 3,615 U.S. banks · 28th percentile

Data as of · sourced from FFIEC call reports. How we update

Nelnet Bank reported a return on equity of 9.14% as of Q2 2026, ranking #2,600 of 3,615 U.S. banks (28th percentile). That is up 7.35 percentage points from 1.79% a year earlier, and below the 12.58% median of the 855 Large Community Banks ($1B–$10B in assets). Return on Equity (ROE) is the rate of return banks earn on common shareholders' equity, the standard equity-investor measure of bank profitability.

12-Quarter Trend

Q3 2023 Q2 2026 (latest)
Q2 2026 9.14%
Q1 2026 7.97%
Q4 2025 7.10%
Q3 2025 8.41%
Q2 2025 1.79%
Q1 2025 7.47%
Q4 2024 -0.03%
Q3 2024 -4.08%
Q2 2024 -7.24%
Q1 2024 -2.41%
Q4 2023 0.67%
Q3 2023 0.80%

National Context

Latest value 9.14%
National rank#2,600 of 3,615
Percentile 28th
12-quarter low-7.24%
12-quarter high9.14%
Full rankingView leaderboard

What is the Return on Equity?

Return on equity (ROE) is a bank's annualized net income divided by its average shareholders' equity, expressed as a percentage. It is the return the bank earns on the capital its owners have invested.

Read ROE together with ROA and the equity-to-assets ratio. ROE equals ROA times the ratio of assets to equity, so a bank can raise ROE by holding less capital without earning more on its assets; a high ROE built on thin capital is weaker than the same ROE built on a high ROA. Subchapter S banks pay no income tax at the bank level, so their ROE runs higher than a C corporation bank with the same pretax earnings. Share buybacks shrink equity and lift ROE with no change in profit.

Full definition & formula →

Frequently asked questions

What is Nelnet Bank's Return on Equity?

Nelnet Bank's Return on Equity was 9.14% as of Q2 2026, ranking #2600 of 3,615 U.S. banks.

What is the Return on Equity?

Return on equity (ROE) is a bank's annualized net income divided by its average shareholders' equity, expressed as a percentage. It is the return the bank earns on the capital its owners have invested.

Source: FFIEC call reports, standardized by BankRegReports. Values are point-in-time as filed. See the full Nelnet Bank profile or how this data updates. The figures come from the bank's call report.

Regulator records: FDIC BankFind (cert 59205) · FFIEC NIC profile (RSSD 5514409)