--- 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. ### Related Stocks - [AX.US](https://longbridge.com/en/quote/AX.US.md) ## Related News & Research - [Axos Financial Stock Is Up 15%, but One Fund Just Sold $3.6 Million Worth of Shares](https://longbridge.com/en/news/287110454.md) - [Vanguard Group Inc. Sells 31,265 Shares of Axos Financial, Inc $AX](https://longbridge.com/en/news/285205355.md) - [16:01 ETChoiceOne Financial Announces Cash Dividends](https://longbridge.com/en/news/287111316.md) - [Trump signs order aimed at preventing illicit financial activity, White House says](https://longbridge.com/en/news/286970478.md) - [Anthropic to brief Financial Stability Board on cyber flaws exposed by Mythos, FT reports](https://longbridge.com/en/news/286712524.md)