---
title: "Axos Financial | 10-Q: FY2026 Q3 Revenue: USD 564.23 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284829506.md"
datetime: "2026-04-30T20:21:33.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284829506.md)
  - [en](https://longbridge.com/en/news/284829506.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284829506.md)
---

# Axos Financial | 10-Q: FY2026 Q3 Revenue: USD 564.23 M

Revenue: As of FY2026 Q3, the actual value is USD 564.23 M.

EPS: As of FY2026 Q3, the actual value is USD 2.15, beating the estimate of USD 2.13.

EBIT: As of FY2026 Q3, the actual value is USD -99.97 M.

#### Verdant Commercial Capital, LLC (Banking Business Segment)

-   **Net Revenue (Three Months Ended March 31, 2026):** $35.4 million
-   **Net Revenue (Nine Months Ended March 31, 2026):** $65.5 million
-   **Net Income (Three Months Ended March 31, 2026):** $7.1 million
-   **Net Income (Nine Months Ended March 31, 2026):** $3.6 million
-   Goodwill recognized from the Verdant acquisition has been assigned to the Banking Business Segment.
-   Approximately $1.2 billion in loans and leases, including $211.0 million of Purchased Credit Deteriorated (PCD) assets, are included in the Commercial & Industrial - Non-RE portfolio.

#### Loan Portfolio Segments (as of March 31, 2026)

-   **Single Family - Mortgage & Warehouse:** $4,704,482 thousand
    -   Performing: $4,647,271 thousand
    -   Nonaccrual: $57,211 thousand
    -   Allowance for Credit Losses: $7,986 thousand
    -   Year-to-date Gross Charge-offs: $439 thousand
-   **Multifamily and Commercial Mortgage:** $2,473,842 thousand
    -   Performing: $2,466,530 thousand
    -   Nonaccrual: $7,312 thousand
    -   Allowance for Credit Losses: $21,139 thousand
    -   Year-to-date Gross Charge-offs: $4,803 thousand
-   **Commercial Real Estate:** $8,722,536 thousand
    -   Performing: $8,707,813 thousand
    -   Nonaccrual: $14,723 thousand
    -   Allowance for Credit Losses: $134,969 thousand
    -   Year-to-date Gross Charge-offs: $4 thousand
-   **Commercial & Industrial - Non-RE:** $8,952,382 thousand
    -   Performing: $8,854,247 thousand
    -   Nonaccrual: $98,135 thousand
    -   Allowance for Credit Losses: $161,498 thousand
    -   Year-to-date Gross Charge-offs: $20,500 thousand
-   **Auto & Consumer:** $617,305 thousand
    -   Performing: $614,250 thousand
    -   Nonaccrual: $3,055 thousand
    -   Allowance for Credit Losses: $21,110 thousand
    -   Year-to-date Gross Charge-offs: $6,312 thousand

#### Other Operational Metrics

-   **Provision for Credit Losses - Loans:** $38,768 thousand for the three months ended March 31, 2026, and $76,273 thousand for the nine months ended March 31, 2026.
-   **Provision for Credit Losses - Unfunded Lending Commitments:** $2,232 thousand for the three months ended March 31, 2026, and $6,982 thousand for the nine months ended March 31, 2026.
-   **Net Cash Provided by Operating Activities:** $264,568 thousand for the nine months ended March 31, 2026, compared to $306,979 thousand for the nine months ended March 31, 2025.
-   **Net Cash Used in Investing Activities:** -$4,298,206 thousand for the nine months ended March 31, 2026, compared to -$992,292 thousand for the nine months ended March 31, 2025.
-   **Net Cash Provided by Financing Activities:** $3,208,568 thousand for the nine months ended March 31, 2026, compared to $757,231 thousand for the nine months ended March 31, 2025.

#### Future Outlook and Strategy

Axos Financial, Inc. plans to acquire approximately $2.3 billion in U.S. consumer deposits from Jenius Bank, with the acquisition expected to close in the quarter ending June 30, 2026. Additionally, the company intends to acquire approximately $3.2 billion in individual retirement accounts (IRAs) from Capital One, National Association, anticipated to close in calendar year 2026. Axos Financial, Inc. also expects to recognize $5.3 million in pre-tax net gains from terminated cash flow hedges in income over the next 12 months, with an additional $2.6 million thereafter.

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