Axos Financial (AX) Stock News

Axos Financial (NYSE: AX) reported first quarter fiscal 2026 results for the period ended September 30, 2025. Net income was $112.4 million and diluted EPS was $1.94. Ending net loans were $22.6 billion, reflecting $1.0 billion of loans and leases from the Verdant acquisition and $565.2 million of organic net loan growth. Adjusted EPS rose to $2.07 (Non-GAAP), up 5.6% year-over-year. Total assets increased to $27.4 billion and total deposits were $22.3 billion. Net interest margin was 4.75%. Provision for credit losses was $17.3 million, including $7.8 million tied to Verdant. Book value per share was $49.31, up 17% year-over-year.

Axos Bank (NYSE: AX) was named to MONEY’s Best Banks of 2025-2026 list on October 20, 2025. The bank received Best Overall honors in both the National Banks and Online Banks categories and was named Best Banks for Rewards for seniors.

MONEY evaluated the 300 largest U.S. financial institutions, focusing on flagship everyday accounts with attractive interest rates, low or no fees, online reviews, and third-party rankings such as JD Power. Axos highlighted its integrated consumer banking services across deposits, lending, personal financial management, and investing.

Axos Financial (NYSE: AX) was named to Fortune’s Top 100 Fastest-Growing Companies for 2025, ranking 63rd overall.

Fortune’s list measures three-year performance in revenue growth, EPS growth, and total shareholder return; qualifying companies must trade on a major U.S. exchange, report in U.S. dollars, maintain a minimum market cap of $225 million, post at least 20% annualized growth in both revenue and EPS over three years, and be profitable in the most recent quarter. Axos cited diversified lending and deposit businesses, disciplined organic growth, and opportunistic M&A, hires, and asset purchases as contributors to performance.

Axos Financial (NYSE:AX) has announced two significant updates: First, the company will host a conference call on October 30, 2025, at 5:00 PM ET to discuss its Q1 fiscal 2026 financial results. The earnings release will be distributed after market close on the same day.

Additionally, Axos has successfully completed the acquisition of Verdant Commercial Capital on September 30, 2025, marking a significant expansion in their business operations. Further details about this acquisition can be found in their Form 8-K filed with the SEC on September 22, 2025.

Axos Bank (NYSE: AX) announced the acquisition of Verdant Commercial Capital (VCC), an independent equipment leasing company, for an initial purchase price of $43.5 million in cash. VCC's portfolio includes $1.1 billion in loans and leases, comprising $750 million in on-balance sheet securitizations and $350 million in loans and leases.

The deal includes a 10% premium on Verdant's book value at closing and potential performance-based earn-outs capped at $50 million over four years if VCC achieves ROE above 15%. The acquisition is expected to be accretive to earnings per share by 2-3% in fiscal 2026 and 5-6% in fiscal 2027. The transaction is set to close on September 30, 2025.

Axos Financial (NYSE: AX) has announced the pricing of $200 million in Fixed-to-Floating Rate Subordinated Notes due 2035. The Notes will initially carry a 7.00% interest rate until October 2030, after which they will shift to a floating rate of Three-Month Term SOFR plus 379 basis points.

The Notes, rated BBB by Kroll Bond Rating Agency, will be used to repay existing $175 million subordinated notes due 2030 (which were set to reprice to approximately 9%) and support growth initiatives. Keefe, Bruyette & Woods and Raymond James are serving as joint book-running managers, with B. Riley Securities and Janney Montgomery Scott as co-managers.

Axos Financial (NYSE: AX) will celebrate Axos Bank's 25th anniversary by ringing The Closing Bell® at the New York Stock Exchange on September 10, 2025. The ceremony marks the company's evolution from one of the nation's first digital banks into a diversified, technology-driven financial services provider.

CEO Greg Garrabrants and the executive leadership team will participate in the celebration, highlighting the company's journey of innovation since its founding in 2000. The company has expanded from its digital banking roots to serve consumers, businesses, and institutions across the banking and securities ecosystem.

Axos Financial (NYSE: AX) reported strong Q4 fiscal 2025 results with net income of $110.7 million and diluted EPS of $1.92, up from $104.9 million and $1.80 in Q4 2024. The company achieved significant loan growth of $856 million in the June quarter, with ending net loan balances reaching $21.0 billion.

Key highlights include a net interest margin of 4.84%, total deposits of $20.8 billion (up 7.6% YoY), and non-interest income of $41.3 million (up 33.8% YoY). The company's book value per share increased 17.9% to $47.46. For the full fiscal year 2025, Axos reported net income of $432.9 million, with adjusted earnings showing a 10.4% increase year-over-year.

Axos Financial (NYSE:AX) celebrates its 25th anniversary on July 4th, 2025, marking its evolution from a digital bank to a comprehensive financial services firm. The company, which deliberately chose Independence Day as its launch date, has transformed into a nationwide provider of deposit, lending, and securities services for consumers, small businesses, and commercial clients.

Under the leadership of CEO Greg Garrabrants, Axos has established itself as a pioneer in digital banking, focusing on technological excellence and innovation. The company's digital-first approach has enabled strong client growth and continuous investment in enhanced technology and expanded services.