Axos Financial, Inc.

For the period ended Mar 31, 2026. Filed Apr 30, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed Apr 30, 2026

AX$92.17-1.9%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Income (unaudited)

CONDENSED CONSOLIDATED STATEMENTS OF INCOME

Three Months Ended · Nine Months Ended
	March 31,		March 31,
(Dollars in thousands, except earnings per common share)	2026	2025	2026	2025
INTEREST AND DIVIDEND INCOME:
Loans, including fees	$453,387	$394,777	$1,361,048	$1,243,874
Securities borrowed and customer receivables	7,228	6,072	21,750	18,793
Investments and other	17,626	31,873	75,024	110,385
Total interest and dividend income	478,241	432,722	1,457,822	1,373,052
INTEREST EXPENSE:
Deposits	151,730	152,694	488,428	510,822
Advances from the Federal Home Loan Bank	6,766	306	7,392	1,342
Securities loaned	202	333	756	1,353
Other borrowings	13,282	3,925	32,226	11,924
Total interest expense	171,980	157,258	528,802	525,441
Net interest income	306,261	275,464	929,020	847,611
Provision for credit losses	41,000	14,500	83,255	40,748
Net interest income, after provision for credit losses	265,261	260,964	845,765	806,863
NON-INTEREST INCOME:
Broker-dealer fee income	11,850	12,121	33,943	34,220
Advisory fee income	9,404	8,120	26,758	24,047
Banking and service fees	60,516	10,254	103,068	28,680
Mortgage banking and servicing rights income	3,704	1,499	5,743	152
Prepayment penalty fee income	514	1,379	2,194	2,682
Total non-interest income	85,988	33,373	171,706	89,781
NON-INTEREST EXPENSE:
Salaries and related costs	81,571	74,677	240,380	223,067
Data and operational processing	23,112	21,776	66,994	60,075
Depreciation and amortization	22,267	6,847	53,813	21,328
Advertising and promotional	13,158	11,437	38,067	36,735
Professional services	10,858	8,243	33,484	27,210
Occupancy and equipment	5,768	4,645	15,579	13,169
FDIC and regulatory fees	8,324	7,620	20,692	20,568
Broker-dealer clearing charges	4,526	4,177	13,011	12,783
General and administrative expense	16,369	6,839	44,753	24,111
Total non-interest expense	185,953	146,261	526,773	439,046
INCOME BEFORE INCOME TAXES	165,296	148,076	490,698	457,598
INCOME TAXES	40,619	42,870	125,272	135,365
NET INCOME	$124,677	$105,206	$365,426	$322,233
Basic earnings per common share	$2.20	$1.84	$6.46	$5.65
Diluted earnings per common share	$2.15	$1.81	$6.33	$5.55

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