Every material Form 8-K Axos Financial has filed with the SEC since January 28, 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Axos Financial filed an investor presentation on Form 8-K that it will use at investor meetings beginning on or around November 4, 2026, and over the next few months. The deck includes first-quarter fiscal 2027 results, including net income of $129.6 million and diluted EPS of $2.25, along with total deposits of $25.4 billion as of September 30, 2026. The filing is a presentation rather than a new earnings release, and the company states the information is as of November 3, 2026, with no obligation to update it.
Presentation to be used at investor meetings beginning on or around November 4, 2026
Q1 fiscal 2027 net income of $129.6 million and diluted EPS of $2.25 shown in the deck
Total deposits of $25.4 billion as of September 30, 2026
Information presented as of November 3, 2026; company does not assume duty to update it
Axos Financial reported fiscal first quarter 2027 results for the quarter ended September 30, 2026. Net income rose 15.4% to $129.6 million and diluted EPS rose 16.0% to $2.25, driven by higher net interest income and non-interest income, though the provision for credit losses also increased to $24.5 million and net charge-offs rose to 1.09% of average loans, including two non-performing C&I loan charge-offs.
Net income was $129.6 million and diluted EPS was $2.25, compared with $112.4 million and $1.94 a year earlier
Net interest income rose 13.8% to $331.3 million, and non-interest income rose 97.3% to $63.8 million
Annualized net charge-offs were 1.09% of average loans versus 0.11% a year earlier; excluding two C&I charge-offs, the rate was 0.08%
Company repurchased $14.0 million of common stock at an average price of $87.40 per share through October 23, 2026, with $112.1 million of authorization remaining
Axos Bank, a subsidiary of Axos Financial, completed on September 21, 2026 its previously announced purchase of individual retirement account deposits from Capital One, National Association. The bank acquired about $1.9 billion of IRA deposits and received cash for the aggregate balance, less a negotiated premium. The filing does not disclose the premium amount or the effect on earnings.
Acquired approximately $1.9 billion of IRA deposits from Capital One, National Association
Deal completed September 21, 2026 under a Purchase and Assumption Agreement dated April 22, 2026
Bank received cash for the deposit balance, less a negotiated premium; premium amount not stated in the filing
Axos Financial reported fiscal fourth-quarter 2026 net income of $124.9 million, up 12.9% from $110.7 million a year earlier, and diluted EPS of $2.16 versus $1.92. The quarter included a $21.0 million accrual for a FINRA arbitration matter, and non-GAAP adjusted EPS was $2.53. For the full fiscal year, net income rose to $490.4 million and diluted EPS to $8.48, up 14.1%.
Net interest income rose 13.5% to $317.9 million, and non-interest income rose 49.9% to $61.9 million for the quarter.
Non-interest expense increased $55.3 million to $205.9 million, including the $21.0 million FINRA arbitration accrual.
Total deposits were $24.6 billion at June 30, 2026, up 17.9% from a year earlier, including about $2.3 billion from a deposit acquisition that closed in the quarter.
The company closed its acquisition of Arc Technologies, Inc. on July 20, 2026.
On May 2, 2026, Axos Bank completed its acquisition of all United States consumer deposits of Jenius Bank, a digital banking business of SMBC MANUBANK, under a purchase and assumption agreement dated February 12, 2026. The bank acquired about $2.3 billion of deposits and received cash, less a negotiated premium. The filing does not state the premium amount or the effect on Axos's financial results.
Deal closed May 2, 2026, with about $2.3 billion of Jenius Bank deposits acquired
Seller is SMBC MANUBANK, parent of the Jenius Bank digital banking business
Agreement dated February 12, 2026, was filed as Exhibit 99.1 to an earlier 8-K on the same date
Axos Financial reported unaudited net income of $124.7 million, or $2.15 diluted EPS, for the fiscal third quarter ended March 31, 2026, up from $105.2 million and $1.81 a year earlier. The results include a one-time $22.0 million favorable legal settlement; excluding non-GAAP adjustments, adjusted EPS was $1.90, up 5.0% from $1.81. Shareholders get higher reported profit, though the provision for credit losses rose to $41.0 million from $14.5 million.
Net income was $124.7 million versus $105.2 million a year earlier, up 18.5%
Diluted EPS was $2.15 versus $1.81; adjusted EPS (non-GAAP) was $1.90 versus $1.81
Net interest income rose 11.2% to $306.3 million; non-interest income included a $22.0 million one-time legal settlement
Provision for credit losses was $41.0 million versus $14.5 million; the Jenius Bank deposit acquisition is expected to close in the June 2026 quarter
On April 22, 2026, Axos Bank, a subsidiary of Axos Financial, agreed to acquire individual retirement accounts from Capital One, National Association, with an aggregate deposit balance of about $3.2 billion, along with certain related assets and liabilities. The bank will pay cash equal to the deposit balance less a negotiated premium, and the filing does not disclose the premium amount because it is redacted. The deal requires approval from the Office of the Comptroller of the Currency and is expected to close later in calendar year 2026.
Acquired IRAs have an aggregate balance of approximately $3.2 billion in associated savings and certificate of deposit accounts.
Purchase price equals the aggregate deposit balance less a negotiated premium; the premium amount is redacted in Exhibit 99.1.
Closing is subject to Office of the Comptroller of the Currency approval and is expected later in calendar 2026.
Agreement is dated April 22, 2026, with Capital One, National Association; the 8-K was filed April 23, 2026.
Axos Bank, a subsidiary of Axos Financial, agreed on February 12, 2026 to acquire all U.S. consumer deposits of Jenius Bank, a digital banking business of SMBC MANUBANK, for an estimated $2.6 billion at closing. The Bank will receive cash for the acquired deposit balances, less a negotiated premium, and the deal requires Office of the Comptroller of the Currency approval. The filing does not state the premium amount, so its effect on shareholders cannot be measured from the document.
Deposits to be acquired: estimated at about $2.6 billion at closing
Seller: SMBC MANUBANK; the Bank receives cash for deposit balances, less a negotiated premium
Subject to Office of the Comptroller of the Currency approval; expected to close in late March or April 2026
Axos Financial reported fiscal second-quarter 2026 net income of $128.4 million, or $2.22 per diluted share, for the quarter ended December 31, 2025, up from $104.7 million, or $1.80 per diluted share, a year earlier. Net interest income rose 18.4% to $331.7 million, and non-interest income more than doubled to $53.4 million, which the company attributed in part to its Verdant Commercial Capital acquisition. The filing does not include updated guidance.
Net income rose 22.6% to $128.4 million; diluted EPS was $2.22 versus $1.80, and adjusted EPS was $2.25 versus $1.82.
Net interest income increased 18.4% to $331.7 million, and net interest margin was 4.94% versus 4.83% a year earlier.
Provision for credit losses rose to $25.0 million from $12.2 million, which the company said was primarily driven by loan growth and macroeconomic variables; net loans grew $1.6 billion in the quarter.
Axos Financial disclosed that David Park informed the company on December 15, 2025 of his resignation as President, Head of Commercial Bank at Axos Bank, a subsidiary, effective at a later date not specified in the filing. The company said the resignation was not due to any disagreement on any matter relating to the company.
David Park notified Axos Financial of his resignation on December 15, 2025.
His role is President, Head of Commercial Bank at Axos Bank, a subsidiary of the company.
The filing states no disagreement with the company led to the resignation.
The filing does not give an effective date or name a successor.
Axos Financial reported fiscal first quarter 2026 results for the period ended September 30, 2025, with net income of $112.4 million, essentially unchanged from a year earlier, and diluted EPS of $1.94 versus $1.93. Adjusted EPS rose 5.6% to $2.07, while net interest income fell 0.3% and the provision for credit losses rose to $17.3 million, driven partly by the Verdant acquisition. Shareholders get modest EPS growth, but net interest margin narrowed to 4.75% from 4.84% in the prior quarter.
Net income was $112.4 million and diluted EPS was $1.94, compared with $112.3 million and $1.93 a year earlier.
Adjusted EPS, a non-GAAP measure, rose to $2.07 from $1.96 a year earlier.
Ending net loans were $22.6 billion at September 30, 2025, including $1.0 billion from the Verdant acquisition, which closed September 30, 2025, and $565.2 million of organic net loan growth.
Net interest margin was 4.75%, down from 4.84% in the June 30, 2025 quarter; provision for credit losses was $17.3 million versus $14.0 million a year earlier.
Axos Financial, Inc. completed the sale of $200 million in 7.00% fixed-to-floating rate subordinated notes due 2035 on September 19, 2025. The notes carry a fixed 7.00% rate until October 1, 2030, then a floating rate of Three-Month Term SOFR plus 379 basis points, and they rank junior to the company's senior indebtedness.
Principal amount: $200 million, sold through Keefe, Bruyette & Woods, Inc. as underwriting representative
Fixed 7.00% interest, payable semi-annually from April 1, 2026, until October 1, 2030
Floating rate of Three-Month Term SOFR plus 379 basis points from October 1, 2030 to maturity on October 1, 2035
Notes are unsecured and subordinated, redeemable at 100% of principal from October 1, 2030
Axos Financial priced a $200 million offering of 7.00% fixed-to-floating rate subordinated notes due 2035, with expected net proceeds of approximately $197.2 million and closing expected on or about September 19, 2025. The company plans to use the proceeds to redeem its $160.5 million of outstanding 4.875% notes due 2030 on October 1, 2025, and for growth initiatives and general corporate purposes, which refinances existing debt and adds new long-term subordinated borrowing.
$200 million of 7.00% Fixed-to-Floating Rate Subordinated Notes due 2035 priced at 100% of principal amount; Keefe, Bruyette & Woods is representative of the underwriters.
Estimated net proceeds of approximately $197.2 million after 1.25% underwriting discounts and expenses; closing expected on or about September 19, 2025.
Proceeds intended to redeem all $160.5 million of outstanding 4.875% notes due October 1, 2030; the redemption is conditional on Axos completing financing actions.
Notes are callable at par from October 1, 2030; floating-rate interest thereafter is Three-Month Term SOFR plus 379 basis points.
Axos Financial reported unaudited results for the fiscal fourth quarter ended June 30, 2025, with net income of $110.7 million, or $1.92 per diluted share, up from $104.9 million, or $1.80, a year earlier. Full-year net income fell to $432.9 million from $450.0 million, a decline the company ties to a one-time $92.4 million pre-tax gain from the FDIC Loan Purchase in fiscal 2024, while full-year adjusted EPS rose 11.3% to $7.50.
Fourth-quarter net loan growth of $856 million; ending net loans were $21.0 billion at June 30, 2025
Net interest margin was 4.84% for the quarter, up from 4.78% in the prior quarter
Non-interest expense rose $10.1 million to $150.7 million, mainly from higher salaries and data processing costs
Company expects its effective tax rate to fall by three percentage points starting with the period ending September 30, 2025
Axos Financial reported fiscal third-quarter 2025 results for the period ended March 31, 2025, with net income of $105.2 million and diluted EPS of $1.81, both down from the prior-year quarter. Net loan growth exceeded $700 million, and the company repurchased about $28 million of stock in the quarter plus another $30 million from April 1 to April 30, 2025.
Net income was $105.2 million, down 5.0% from $110.7 million a year earlier; diluted EPS was $1.81, versus $1.91
Adjusted EPS was $1.81, versus $1.94 in the same quarter last year
Net interest income rose 5.3% to $275.5 million, while the provision for credit losses rose to $14.5 million from $6.0 million
Repurchased about $28 million of common stock in the quarter and another $30 million from April 1 to April 30, 2025
Axos Financial entered an Equity Distribution Agreement on January 28, 2025, allowing it to sell common stock worth up to $150 million through KBW and Raymond James as sales agents. Sales would be made at market prices on the New York Stock Exchange, and the company would pay the agents a 2.5% commission on gross proceeds, so the deal could add new shares and dilute existing holders if used.
Agreement covers common stock with an aggregate offering price of up to $150,000,000, sold from time to time
Minimum amount per calendar quarter designated to one agent is $5,000,000
Distribution Agents receive a commission equal to 2.5% of gross proceeds
Company may suspend or terminate the offering, and the filing does not state any shares sold yet
Axos Financial reported fiscal second-quarter net income of $104.7 million, or $1.80 per diluted share, for the quarter ended December 31, 2024, down from $151.8 million and $2.62 a year earlier. The prior-year period included a $92.4 million one-time gain on the FDIC Loan Purchase, while net interest income rose 22.5%, and non-GAAP adjusted EPS increased 13.8% to $1.82.
Net income was $104.7 million and diluted EPS was $1.80, versus $151.8 million and $2.62 for the quarter ended December 31, 2023.
The prior-year quarter included a $92.4 million gain on the FDIC Loan Purchase.
Adjusted EPS (non-GAAP) rose 13.8% to $1.82 from $1.60.
Net interest income rose 22.5% to $280.1 million, while non-interest income fell to $27.8 million from $124.1 million.
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