Axos net income rises 13.27% to $490.37 million in FY26

Reuters2026/08/20 20:04

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Axos Financial posted GAAP net income of $490.37 million; diluted EPS climbed to $8.48.
Net interest income rose to $1.25 billion; net interest margin narrowed to 4.7% from 4.9%.
Provision for credit losses increased to $101.11 million; net charge-offs to average loans outstanding widened to 0.18% from 0.13%.
Non-interest income jumped 78.2% to $233.58 million; non-interest expense grew 24.3% to $732.72 million.
Total assets rose to $29.96 billion; deposits increased to $24.57 billion, aided by the $2.3 billion Jenius consumer deposit acquisition.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Axos Financial Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001299709-26-000060), on August 20, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Axos net income rises 13.27% to $490.37 million in FY26

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