Axos Financial posts Q1 FY27 earnings beat with strong loan growth
Axos Financial reported first‑quarter fiscal 2027 results on October 29, 2026. Adjusted earnings per share were $2.34, topping the $2.26 consensus, while adjusted revenue reached $395.1 million, above estimates. Net income rose 15.4% YoY to $129.6 million and loan balances grew to $25.9 billion, driven by a $25.4 billion deposit influx. Management said net interest margin will likely stay flat in the near term despite the loan expansion.
Why it matters
The earnings beat and loan‑deposit expansion suggest higher profitability and potential for future earnings growth, which may support the current share price and the remaining $112 million share‑repurchase authorization (the company noted the repurchase program in the release).
Key facts
- 1Adjusted earnings per share were $2.34 for the quarter. investing.com
- 2Adjusted revenue was $395.1 million, exceeding forecasts. investing.com
- 3Net income was $129.6 million, up 15.4% year‑over‑year. stocktitan.net
- 4Loan balances reached $25.9 billion at quarter‑end. investing.com
- 5Total deposits grew 14% YoY to $25.4 billion. investing.com
- 6Net interest margin was 4.64%, up 10 basis points sequentially. stocktitan.net
Open questions
- Revenue figure differs: $395.1 million adjusted versus $580.9 million reported in material 5.
Summary written by AlphAI AI Desk from 8 of 8 sources. Not investment advice. Figures are as stated by the linked sources.