Axos Financial, Inc. (AX) AI Stock Analysis

Axos Financial, Inc., established in 1999 and formerly known as BofI Holding, Inc., provides consumer and business banking products throughout the United States. The company operates across two primary segments: Banking Business and Securities Business. Its Banking Business segment delivers deposit products such as checking, savings, time deposits, money market, zero balance, and insured cash sweep accounts. It also offers lending solutions comprising residential mortgages, commercial real estate loans, commercial and industrial loans, auto loans, and structured settlements, supported by digital capabilities like remote deposit capture and mobile banking. The Securities Business segment provides clearing services, back-office support, trade reporting, margin lending, and securities custody.

Axos Financial grew annual revenue from $757.9M in FY2022 to $2.19B in FY2026, generating a five-year revenue CAGR of 25.2%. Net income increased from $240.7M in FY2022 to $490.4M in FY2026, with diluted EPS expanding from $4.24 to $8.75 over the same timeframe. Annual net margin was 22.4% in FY2026, compared to 31.8% in FY2022, while operating margin finished at 29.5%. In the latest quarter ended June 30, 2026, quarterly revenue grew 18.1% year-over-year and quarterly earnings rose 12.4%. For the trailing twelve months, revenue reached $1.38B with an operating margin of 45.0% and an ROE of 16.8%.

As of June 30, 2026, Axos Financial held $1.16B in cash and short-term investments against total debt of $1.07B, resulting in net cash of $88.8M. Total assets stood at $29.96B, while shareholders' equity reached $3.17B, reflecting a debt-to-equity ratio of 0.34 and a current ratio of 0.07. During FY2026, operating cash flow was $557.6M and free cash flow totaled $291.1M after capital expenditures of $266.4M. The company also directed $22.0M toward share buybacks, contributing to a 5-year share count reduction of 5.0%.

Axos Financial carries a market capitalization of $5.01B and an enterprise value of $5.25B. At a trailing P/E of 10.4x and a forward P/E of 9.6x, the stock trades below the median of its US-listed Financial Services peers, which sit at 12.1x and 10.8x, respectively. The stock's price-to-sales ratio of 3.6x compares to 3.2x for peers. Over the past year, AX returned 16.4%, closely tracking the S&P 500 (SPY) gain of 16.8%. Over five years, AX gained 62.5% compared to an 83.0% return for the benchmark.

Wall Street coverage includes 5 Strong Buy ratings, 1 Buy, and 1 Hold, with no Sell or Strong Sell ratings. The mean price target is $117.71, representing upside of 33.6% from the last closing price of $88.14. For the fiscal year ending June 30, 2027, consensus estimates project EPS of $9.68 on revenue of $1.62B. For the following fiscal year, 5 analysts project EPS of $10.79 on revenue of $1.80B. The company beat EPS estimates in 3 of the last 4 quarters, and its next earnings date is October 29, 2026.

This page is an AI-written research summary of Axos Financial, Inc. (AX). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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