$NNI

Ally Financial (NYSE:ALLY) reported Q2 revenue of $2.28B, up 10.3% YoY, exceeding estimates. Peers like Bread Financial (NYSE:BFH) and FirstCash (NASDAQ:FCFS) also saw growth, while Nelnet (NYSE:NNI) and Happen Bank (NYSE:HAPN) underperformed. Stocks reacted mixedly to results, with Ally down 6.3% and FirstCash up 11.1%.

Nelnet Campus Commerce, a division of Nelnet (NNI), announced a new integration with PayPal (PYPL) to offer PayPal and Venmo as tuition payment options. The rollout begins August 19, 2026, and will be implemented in phases. This integration aims to modernize student financial experiences by providing digital wallet payment options.

Nelnet (NNI) and PayPal (PYPL) have partnered to enable PayPal and Venmo as tuition payment options for colleges using Nelnet's platform, rolling out from August 19, 2026. This aims to meet student demand for digital wallet payments, with phased implementation based on institutional readiness. Nelnet serves over 1,000 institutions and 8 million students, while PayPal operates in over 200 markets.

PayPal (PYPL) and Venmo now allow tuition payments through integrations with Illumia (ROP), Nelnet Campus Commerce, and TouchNet. The service is live at several U.S. universities, with more expected to join. This follows PayPal's previous expansions into college campuses, including partnerships with the Big Ten and Big 12 conferences. The move aims to provide students and families with familiar payment options for tuition.

Nelnet (NYSE:NNI) reported Q2 CY2026 revenue of $410 million, down 20.5% year on year, missing analysts’ estimates. Non-GAAP EPS was $1.77, 16.9% below consensus. The company attributed performance to its diversified education finance strategy, according to management. Shares were flat at $135.20 after the report.

Nelnet (NYSE: NNI) reported Q2 2026 GAAP net income of $66.7M, or $1.85/share, down from $181.5M, or $4.97/share, a year earlier. Excluding derivative adjustments, net income was $63.9M, or $1.77/share. Loan servicing revenue rose to $132.2M and education tech revenue was $118.9M. Nelnet repurchased 316,600 shares for $40.6M in the first half.

NELNET INC (NNI) filed an SEC Form 8-K — Results of Operations and Financial Condition. Nelnet Reports Second Quarter 2026 Results LINCOLN, Neb., August 6, 2026 - Nelnet (NYSE: NNI) today reported GAAP net income of $66.7 million, or $1.85 per share, for the second quarter of 2026, compared with GAAP net income of $181.5 million, or $4.97 per share, for the same per

Nelnet (NYSE: NNI) is set to report earnings Thursday after market close. The prior quarter revenue was $353.2 million, down 7.1% year on year, and it missed analysts on net interest income and EPS. For this quarter, analysts expect revenue to fall 18.6% y/y. The article cites an average analyst price target of $135 versus $136.04.

A federal appeals court kept automatic relief in Sweet v. McMahon on track, extending relief to over 450,000 borrowers and more than $23 billion, or about $51,000 per affected borrower. The settlement covers federal debt and leaves private education loans unchanged. The July 1 federal graduate-lending caps may shift funding toward private lenders, with investors watching SLM, SoFi, and Nelnet ahead of Nelnet’s earnings.

Nelnet Campus Commerce, a Nelnet unit (NYSE: NNI), announced a partnership with Atrium Campus to integrate campus card and mobile credential management with Nelnet’s higher-education payment technology. Nelnet says it serves 1,100+ institutions with PCI Level 1 payment tech; Atrium serves 300 to 150,000+ users. Integration is planned over coming months.