Axos Financial, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the U.S. Securities and Exchange Commission on October 29, 2026, reporting results for its first fiscal quarter.

Key Highlights

  • Net income: The company reported net income of $129,648 thousand for the three months ended September 30, 2026, compared with $112,352 thousand in the same quarter of the prior year.
  • Net interest income: Net interest income was $331,256 thousand for the quarter, up from $291,050 thousand in the prior-year period, according to the filing.
  • Total assets: Total assets stood at $30,844,961 thousand as of September 30, 2026, versus $29,961,869 thousand as of June 30, 2026.
  • Total deposits: Total deposits reached $25,413,197 thousand at September 30, 2026, compared with $24,565,392 thousand at June 30, 2026.
  • Diluted earnings per share: Diluted earnings per common share were $2.25 for the quarter ended September 30, 2026, versus $1.94 in the prior-year quarter.
  • Provision for credit losses: The company recorded a provision for credit losses of $24,500 thousand, up from $17,255 thousand in the same period a year earlier.
  • Shares outstanding: As of October 16, 2026, the company reported 56,721,014 shares of common stock outstanding.

Axos Financial Reports First Fiscal Quarter 2027 Financial Results

According to the filing, Axos Financial, Inc. (NYSE:AX), a Delaware-incorporated financial holding company headquartered in Las Vegas, Nevada, operates banking and broker-dealer businesses. The company reported total interest and dividend income of $517,077 thousand for the three months ended September 30, 2026, rising from $465,736 thousand in the year-earlier quarter. Interest expense totaled $185,821 thousand, leaving net interest income of $331,256 thousand. After the $24,500 thousand provision for credit losses, net interest income after provision was $306,756 thousand.

Non-interest income for the quarter was $63,815 thousand, compared with $32,340 thousand in the prior-year period, the filing disclosed. Banking and service fees contributed $35,162 thousand of that amount, versus $10,820 thousand in the prior-year quarter. Non-interest expense totaled $195,410 thousand, with salaries and related costs comprising $84,803 thousand. Income before income taxes was $175,161 thousand, and income taxes were $45,513 thousand, resulting in net income of $129,648 thousand.

On the balance sheet, loans net of the allowance for credit losses totaled $25,912,024 thousand as of September 30, 2026, the filing stated. The allowance for credit losses was $304,361 thousand at that date, compared with $347,375 thousand at June 30, 2026. Total stockholders' equity was $3,288,794 thousand at September 30, 2026, up from $3,166,418 thousand at June 30, 2026. During the quarter, the company repurchased 80,561 shares of treasury stock at a cost of $7,002 thousand, and goodwill and other intangible assets net of amortization were $271,505 thousand, per the filing.

What Was Disclosed

Axos Financial filed a quarterly report covering the three months ended September 30, 2026, disclosing income statement results, balance sheet position, changes in stockholders' equity, and segment information for its banking and broker-dealer operations.