Nelnet Bank

BankDraper, Utah
www.nelnetbank.com

Total Assets

$2.1B

Total Deposits

$1.8B

Branches

1

Established

2020

TFS Health Grade

$
F

54.0 / 100

Poor financial health

How we grade

Nelnet Bank is a bank headquartered in Draper, Utah, established in 2020. With $2.1B in total assets and 1 branch locations, it has a TFS Financial Health Grade of F (54.0/100).

Capital & Safety

Tier 1 Capital Ratio
14.45%(8%)
Total Capital Ratio
0.00%(10%)
Non-Performing Loan Ratio
1.12%

Profitability

Return on Assets (ROA)
0.78%(1%)
Return on Equity (ROE)
6.20%(10%)
Net Interest Margin
3.43%
Efficiency Ratio
40.80%(60%)

Lending & Liquidity

Total Loans
$956.3M
Loan-to-Deposit Ratio
52.79%
Net Charge-Off Ratio
1.20%

Growth

Asset Growth (YoY)
+42.83%
Deposit Growth (YoY)
+40.52%
Net Income
$13.9M

Data sourced from FDIC BankFind Suite / NCUA Call Reports as of 2025-Q4. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.

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