Earnings Releases·Oct 29, 2026, 4:07 PM ET

Axos Financial, Inc. — First Quarter Fiscal 2027 Earnings Summary

Net income rose 15.4% year-over-year to $129.6 million (EPS $2.25), driven by a 13.8% increase in net interest income to $331.3 million and a 97.3% surge in non-interest income to $63.8 million.
Asset quality remains strong with non-performing assets declining to 0.51% of total assets and net charge-offs excluding specific C&I items at 0.08%, while book value per share increased 17.5% to $57.92.
Management anticipates loan growth acceleration in the December 2026 quarter due to delayed closings and expects continued growth in both net interest and non-interest income.
The company repurchased $14.0 million of common stock during the quarter and through October 23, 2026, with $112.1 million of authorization remaining, while non-interest expense rose to $195.4 million primarily due to acquisition-related costs.