Axos Financial Reports Q4 Earnings with Strong Loan Growth and Margin Expansion
Axos Financial (AX) reported strong performance in the fourth quarter of fiscal 2025, ending June 30. The company achieved $856 million in net loan growth driven by asset-based lending, commercial real estate specialty, and equipment leasing. Net interest margin expanded to 4.84%, up from the prior quarter due to accelerated accretion from FDIC purchase pools. Book value per share grew 18% year-over-year supported by earnings retention and capital returns. Return on average common equity reached 17%. Axos also reported $280 million in net interest income, a 7.7% increase compared to the prior year period. Total deposits rose to $20.8 billion as of June 30, reflecting growth across consumer and commercial banking segments.
Topics: Book Value Per Share Loan Growth Net Interest Margin Return on Equity Stock Repurchases