Revenue: As of FY2026, the actual value is USD 1.48 B.

EPS: As of FY2026, the actual value is USD 8.48, beating the estimate of USD 8.46.

Net Income

Axos Financial, Inc. reported a consolidated net income of $124.9 million for the fourth fiscal quarter ended June 30, 2026, an increase from $110.7 million for the same period in 2025, representing a 12.89% increase . For the full fiscal year ended June 30, 2026, consolidated net income was $490.4 million, up from $432.9 million in 2025, a 13.27% increase .

Adjusted Earnings (Non-GAAP)

Adjusted earnings for the fourth fiscal quarter ended June 30, 2026, increased to $146.2 million, compared to $111.8 million in the prior year quarter . For the full fiscal year 2026, adjusted earnings were $505.882 million, an increase from $436.811 million in fiscal year 2025 .

Net Interest Income

Consolidated net interest income for the fourth fiscal quarter ended June 30, 2026, was $317.890 million, a 13.5% increase from $280.161 million in the prior year quarter . The Banking Business Segment contributed $311.974 million, while the Securities Business Segment contributed $10.980 million to net interest income in Q4 2026 . For the full fiscal year 2026, consolidated net interest income was $1,246.910 million, a 10.56% increase from $1,127.772 million in 2025 . The Banking Business Segment generated $1,231.118 million and the Securities Business Segment generated $35.675 million for the full fiscal year 2026 .

Non-interest Income

Consolidated non-interest income increased to $61.877 million for the fourth fiscal quarter ended June 30, 2026, up 49.9% from $41.285 million in the prior year quarter . The Banking Business Segment reported $40.688 million in non-interest income, and the Securities Business Segment reported $30.659 million for Q4 2026 . For the full fiscal year 2026, consolidated non-interest income was $233.583 million, a 78.22% increase from $131.066 million in 2025 . The Banking Business Segment contributed $149.965 million and the Securities Business Segment contributed $120.816 million for the full fiscal year 2026 .

Non-interest Expense

Consolidated non-interest expense increased by $55.3 million to $205.945 million for the fourth fiscal quarter ended June 30, 2026, from $150.652 million in the prior year quarter, representing a 36.71% increase . The Banking Business Segment incurred $151.994 million and the Securities Business Segment incurred $53.120 million for Q4 2026 . For the full fiscal year 2026, consolidated non-interest expense was $732.718 million, a 24.25% increase from $589.698 million in 2025 . The Banking Business Segment reported $582.702 million and the Securities Business Segment reported $141.104 million for the full fiscal year 2026 .

Provision for Credit Losses

The provision for credit losses was $17.850 million for the fourth fiscal quarter ended June 30, 2026, compared to $14.997 million for the same period in 2025, an increase of 19.02% . For the full fiscal year 2026, the provision for credit losses was $101.105 million, compared to $55.745 million in 2025, an 81.37% increase .

Income Before Income Taxes

Consolidated income before income taxes for the fourth fiscal quarter ended June 30, 2026, was $155.972 million, compared to $155.797 million in the prior year quarter, a 0.11% increase . The Banking Business Segment reported $182.818 million, while the Securities Business Segment reported - $11.481 million for Q4 2026 . For the full fiscal year 2026, consolidated income before income taxes was $646.670 million, up 5.43% from $613.395 million in 2025 . The Banking Business Segment reported $697.276 million and the Securities Business Segment reported $15.387 million for the full fiscal year 2026 .

Balance Sheet Highlights (as of June 30, 2026 vs. 2025)

• Total Assets: Increased by 20.90% to $29,961,869 thousand from $24,783,078 thousand . Total assets reached $30.0 billion .
• Total Liabilities: Increased by 21.23% to $26,795,451 thousand from $22,102,401 thousand .
• Total Stockholders’ Equity: Grew by 18.12% to $3,166,418 thousand from $2,680,677 thousand . Total stockholders’ equity reached $3.2 billion .
• Cash and Cash Equivalents: Decreased to $1,108,633 thousand from $1,933,845 thousand .
• Total Deposits: Increased by 17.94% to $24,565,392 thousand from $20,829,543 thousand, including a $2.3 billion deposit acquisition . Total deposits reached $24.6 billion . Non-interest bearing deposits increased to $3,828,800 thousand from $3,040,696 thousand, and interest bearing deposits increased to $20,736,592 thousand from $17,788,847 thousand . Approximately 85% of total deposits are FDIC-insured or collateralized .
• Loans, Net of Allowance for Credit Losses: Increased by 21.60% to $25,595,403 thousand from $21,049,610 thousand . Ending net loan balances were $25.6 billion, reflecting a net change of $637.9 million for the three months ended June 30, 2026 .
• Allowance for Credit Losses: Increased to $347,375 thousand from $290,049 thousand .
• Total Gross Loans: Increased to $26,096,037 thousand from $21,551,697 thousand . Total loans increased by $625 million from Q3 FY26 to Q4 FY26 .
• Assets under custody and/or administration at Axos Clearing LLC: Increased to $47.8 billion from $39.4 billion .
• Total number of deposit accounts: Increased to 699,570 from 600,601 .

Loan Portfolio Composition (as of June 30, 2026 vs. 2025)

• Single Family - Mortgage & Warehouse: $4,581,772 thousand in 2026, up from $4,395,278 thousand in 2025 .
• Multifamily and Commercial Mortgage: $2,484,290 thousand in 2026, down from $2,940,739 thousand in 2025 .
• Commercial Real Estate: $8,867,851 thousand in 2026, up from $6,937,187 thousand in 2025 .
• Commercial & Industrial - Non-RE: $9,495,647 thousand in 2026, up from $6,795,497 thousand in 2025 .
• Auto & Consumer: $666,477 thousand in 2026, up from $482,996 thousand in 2025 .

Available-for-Sale Securities (as of June 30, 2026 vs. 2025)

Total available-for-sale securities had a fair value of $803,667 thousand, significantly up from $66,008 thousand . This includes $732,422 thousand in United States Treasury securities in 2026 (none reported in 2025) and $71,245 thousand in total mortgage-backed securities in 2026, compared to $62,326 thousand in 2025 .

Credit Quality (as of June 30, 2026)

• Allowance for credit losses to total non-accrual loans: 221% .
• Non-performing assets to total assets: 0.53%, down from 0.71% a year prior .
• Non-accrual loans: Totaled $157 million, or 0.60% of total loans, down from 0.71% as of March 31, 2026, and 0.79% as of June 30, 2025 .
• Net annualized charge-offs to average loans: 0.25% for Q4 FY26 .

Capital Ratios (as of June 30, 2026)

• Equity to assets: 10.57% .
• Tier 1 leverage: 9.94% .
• Common equity tier 1 capital: 11.76% .
• Total capital: 14.39% .

Tangible Book Value Per Common Share (Non-GAAP)

Tangible book value per common share was $50.96 as of June 30, 2026, an increase from $44.60 as of June 30, 2025 .

Banking Business Segment Metrics (Fiscal Year Ended June 30, 2026 vs. 2025)

• Efficiency ratio: 42.19% in 2026, compared to 40.80% in 2025 . For Q4 FY26, the Banking Business Segment efficiency ratio was 43.10% .
• Return on average assets: 1.90% in 2026, down from 2.02% in 2025 .
• Interest rate spread: 4.00% in 2026, down from 4.03% in 2025 .
• Net interest margin: 4.74% in 2026, down from 4.95% in 2025 .

Securities Business Segment Metrics (as of June 30, 2026 vs. 2025)

• FDIC insured program balances at banks: $1,673,368 thousand in 2026, up from $1,444,830 thousand in 2025 .
• Margin balances: $312,623 thousand in 2026, up from $229,387 thousand in 2025 .
• Cash reserves for the benefit of customers: $101,024 thousand in 2026, down from $146,835 thousand in 2025 .
• Securities lending - Interest-earning assets (stock borrowed): $163,462 thousand in 2026, up from $139,396 thousand in 2025 .
• Securities lending - Interest-bearing liabilities (stock loaned): $194,729 thousand in 2026, up from $139,426 thousand in 2025 .

Outlook / Guidance

Axos Financial, Inc. completed the acquisition of Jenius Bank, adding approximately $2.3 billion of deposits, and closed the acquisition of Arc Technologies, Inc. on July 20, 2026 . The company continues to manage non-interest expenses while investing in its businesses, technologies, and people . Management emphasized that Axos Financial, Inc. remains well-reserved relative to its low level of credit losses, with an allowance for credit losses to total non-accrual loans of 221% at June 30, 2026 .