Axos Financial Projects Low to Mid-Teen Loan Growth for Fiscal 2027
Axos Financial (AX) reported strong core business fundamentals during its Q1 fiscal 2027 earnings call. CEO Gregory Garrabrants highlighted significant year-over-year growth across several key metrics, including net interest income, non-interest income, and ending loan and deposit balances. The company is targeting a flat net interest margin while aiming for low to mid-teen loan growth through fiscal 2027. This strategic outlook follows robust performance in earnings per share and book value per share, signaling continued momentum in its digital banking operations.
Tickers: $AX
Topics: Deposit Balances Earnings Per Share Loan Growth Net Interest Income