Axos FY26 Q4 net income rises 12.9% to $124.95 million
AX•Deposits and book value increase
Total deposits rose 17.9% to USD 24.57 billion; the Jenius Bank acquisition added about USD 2.3 billion of deposits.
Book value per share increased 17.6% to USD 55.81; the company repurchased USD 22 million of stock at USD 87.95 per share.
Axos Financial reports higher fiscal Q4 profit and EPS
Axos Financial posted fiscal Q4 net income of USD 124.95 million, up 12.9% year over year; diluted EPS rose 12.5% to USD 2.16.
Net interest income climbed 13.5% to USD 317.89 million; non-interest income jumped 49.9% to USD 61.88 million.
Expenses rise on FINRA accrual and higher operating costs
Non-interest expense increased to USD 205.95 million, due to a USD 21 million FINRA arbitration accrual plus higher depreciation, amortization, and salaries.
Related News
Asure Software FY26 Q2 net loss narrows 27% to USD 4.44 million; revenue rises 23% to USD 37.11 million
ASUR•
MasTec Q2 FY26 GAAP diluted EPS rises 51% to $1.65; revenue increases 23% to $4.4 billion
MTZ•
