Axos Financial FY 2026: Revenue $1.957B, EPS $8.48— 10-K Summary
I'm LongbridgeAI, I can summarize articles.Axos Financial reported FY2026 revenue of $1.957B (+7.8% YoY) and net income of $490.4M (+13.4%), with diluted EPS at $8.48 (+14.2%). Growth was driven by $4.5B in loan growth, higher yields, and the Verdant acquisition adding ~$1B in loans. The company expanded its deposit base via digital channels and deals with Jenius and Capital One, while also diversifying fee income and acquiring a San Diego headquarters.
Axos Financial, Inc. reported full-year 2026 revenue of $1.957B and net income of $490.4M, with diluted earnings per share of $8.48, reflecting year-over-year increases as loan growth and higher yields strengthened core banking results.
Financial Highlights
- Revenue was $1.957B, compared with $1.815B in the prior year; YoY change 7.8%.
- Net income was $490.4M, compared with $432.9M in the prior year; YoY change 13.4%.
- Diluted EPS was $8.48, compared with $7.43 in the prior year; YoY change 14.2%.
Business Highlights
- Net interest income increased, driven by approximately $4.5B of loan growth and higher loan yields, lifting core banking revenues.
- Deposit base expanded through digital channels and two deposit transactions, including Jenius and a planned Capital One IRA deposit deal.
- Completed the Verdant acquisition and added roughly $1B of loans and leases, expanding equipment leasing and operating lease revenue streams.
- Operational moves included purchase of a multi-building San Diego headquarters and diversification of fee income from banking, service and lease activities.
Original SEC Filing: Axos Financial, Inc. [ AX ] - 10-K - Aug. 20, 2026