NYSE$AX

Axos Financial Inc · Q2 2026 earnings

Q2 2026 earnings · · After market close · Investor relations

Briefing

Axos Financial reported Q2 2026, revenue of $331.7M, net income of $128.4M, diluted EPS of $2.22.

For Q2 2026, Axos Financial reported revenue of $331.7M, net income of $128.4M, diluted EPS was $2.22. The filing discusses segment trends, liquidity, and management's outlook for upcoming periods.

  • Revenue $331.7M.
  • Net income $128.4M.
  • Diluted EPS $2.22.

Headline financials

Total Revenue

$385M

Previous: $308M+25.1%
EPS (adj)

$2.22

Previous: $1.82+22.0%
Net Interest Margin

4.9%

Previous: 4.8%+2.3%
Efficiency Ratio

47.9%

Previous: 47.2%+1.5%
Return on Average Common Stockholders' Equity

17.4%

Previous: 17.0%+2.8%
Tier 1 Leverage (to Adjusted Average Assets)

9.8%

Previous: 10.7%-8.7%
Return on Average Assets

1.8%

Previous: 1.7%+5.2%
Interest Rate Spread

4.2%

Previous: 3.9%+6.6%
Net Annualized Charge-offs to Average Loans

0.0%

Previous: 0.1%-60.0%
Non-accrual Loans to Total Loans

0.6%

Previous: 1.3%-51.6%
Non-performing Assets to Total Assets

0.6%

Previous: 1.1%-47.2%
Allowance for Credit Losses - Loans to Total Loans Held for Investment

1.3%

Previous: 1.4%-2.9%
Allowance for Credit Losses - Loans to Non-accrual Loans

215.8%

Previous: 107.6%+100.6%
Equity to Assets at End of Period

10.4%

Previous: 10.6%-2.3%
Common Equity Tier 1 Capital (to Risk-Weighted Assets)

11.7%

Previous: 12.4%-6.2%
Tier 1 Capital (to Risk-Weighted Assets)

11.7%

Previous: 12.4%-6.2%
Total Capital (to Risk-Weighted Assets)

14.4%

Previous: 15.2%-5.5%
Net Income

$128M

Previous: $105M+22.6%
Operating Income

$176M

Previous: $150M+16.8%

Revenue & EPS history

Axos Financial · Revenue · Quarterly

$385M

Q2 2026+25.1%vs Q2 2025
Beat estimate in 12 of 14 quarters(86%)
ActualEstimate

Revenue by segment

Axos Financial · $47.1M total across 2 segments · Q1 2024

  • Securities Business Segment
    $34.6M+708.3%
  • Banking Business Segment
    $12.6M-93.0%

Forward guidance

Management discusses Axos Financial's outlook, including capital deployment, operating priorities, and key risks, alongside any formal guidance in the earnings materials.

Tailwinds

  • Axos Financial cites execution on strategic priorities and demand in core markets.
  • Liquidity and balance sheet capacity support continued investment and returns.

Headwinds

  • Macro, rates, and input costs may pressure margins or volumes.
  • Segment mix and non-recurring items can affect sequential comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2026

Historical avgQ2 2026

+1.4%

Avg return

Earnings day

+1.0%

Avg return

5 days after

+3.7%

Avg return

30 days after

67%

43 / 64 earnings

Positive

+15.8%

Q3 2020

Best reaction

-20.5%

Q1 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+1.7%-8.7%-9.9%
Q2 2026+4.7%+4.8%-8.3%
Q1 2026-0.4%+1.8%+3.6%
Q3 2025+3.2%+5.8%+9.5%
Q2 2025-4.2%-4.8%-7.7%
Q1 2025+2.1%-1.6%+25.0%
Q4 2024-4.7%-12.3%-10.4%
Q3 2024+7.6%+11.5%+4.8%
Q2 2024-2.5%-6.3%-8.4%
Q1 2024-4.4%-1.2%+5.2%
Q4 2023+3.3%-3.1%-11.9%
Q3 2023+13.3%+7.6%+14.6%
Q2 2023+14.8%+15.3%+14.0%
Q1 2023+6.8%+6.6%+9.6%
Q4 2022+0.7%+2.2%-4.2%
Q3 2022-5.2%-3.3%-3.2%
Q2 2022-2.6%-0.2%+2.9%
Q1 2022+3.8%+8.5%+13.8%
Q4 2021+0.2%-0.1%+3.9%
Q3 2021-1.8%-1.0%+3.1%
Q2 2021-0.8%+6.9%+17.9%
Q1 2021+4.8%+13.3%+34.2%
Q4 2020+9.9%+7.7%+23.5%
Q3 2020+15.8%+9.4%+9.5%
Q2 2020+1.2%-0.8%-11.4%
Q1 2020-3.6%-3.8%-3.9%
Q4 2019+8.6%-1.2%-5.5%
Q3 2019-8.3%-5.6%-16.0%
Q2 2019+7.8%+9.8%+13.3%
Q1 2019-11.2%-9.6%-7.2%
Q4 2018-7.3%-7.0%-10.1%
Q3 2018-4.4%-6.0%-4.1%
Q2 2018+7.8%+9.6%+13.5%
Q1 2018-7.2%-6.2%-8.5%
Q4 2017+6.0%+12.1%+4.2%
Q3 2017-8.3%-9.6%-14.3%
Q2 2017+3.8%+2.6%+13.0%
Q1 2017-14.5%-14.7%+14.9%
Q4 2016+5.3%+11.5%+34.6%
Q3 2016+4.8%
Q2 2016-5.0%
Q1 2016-20.5%
Q4 2015+8.5%
Q3 2015-0.8%
Q2 2015+1.9%
Q1 2015+0.8%
Q4 2014+4.3%
Q3 2014+2.1%
Q2 2014+2.9%
Q1 2014+9.8%
Q4 2013+11.9%
Q3 2013+1.9%
Q2 2013-0.2%
Q1 2013+0.4%
Q4 2010+2.3%
Q4 2012+5.6%
Q3 2011+1.7%
Q3 2012+1.7%
Q2 2012+1.1%
Q2 2011+1.1%
Q4 2011+2.2%
Q1 2012+2.2%
Q1 2011+2.2%
Q3 2010+2.8%

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