Axos Financial Inc. Acquires Verdant Commercial Capital to Expand Nationwide Commercial Lending

Reuters
2025.09.22 12:30
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Axos Financial, Inc. has acquired Verdant Commercial Capital, LLC for $43.5 million to enhance its equipment leasing business. Verdant specializes in vendor-based equipment leasing and has approximately $1.1 billion in loans and leases. The acquisition is expected to increase Axos's earnings per share by 2%-3% in fiscal 2026 and 5%-6% in fiscal 2027, with additional opportunities for cross-selling commercial deposits and floorplan lending. The deal is set to close on September 30, 2025.