EarningsQ4 2026 Earnings Report
DE:BB4 Q4 2026 EPS Results
Actual EPS€1.92
Consensus EPS€1.92
Beat/MissBeat by +<€0.01
One Year Ago EPS€1.71
DE:BB4 Q4 2026 Revenue Results
Actual Revenue€499.15M
Expected Revenue€334.13M
Beat/MissBeat by +€165.02M
YoY Revenue Growth+15.98%
Earnings Announcement Details
QuarterQ4 2026
Date07/30/2026
TimeAfter Close
Conference CallThursday, July 30, 2026
DE:BB4 Upcoming Earnings
Axos Financial's next earnings date is estimated for October 29, 2026, based on past reporting schedules.
Q4 2026 Earnings Call Audio
DE:BB4 Q4 2026 Earnings Call
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Q4 2026 Earnings Slide Deck
Q4 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong core performance: robust organic loan growth ($856M Q/Q), deposit growth (+7.6% YoY to $20.8B), improving NIM (4.84%), solid profitability (17% ROE, adjusted EPS ~$1.87), and meaningful custody business momentum (AUC +$2.3B, net new assets +$215M). Management highlighted continued credit stability, a healthy $2.0B loan pipeline, and a forthcoming ~3 percentage-point reduction in state tax rate that should boost future EPS. Headwinds were largely manageable and mostly one-time or strategic (a $5.6M deferred tax impairment, modest increase in professional services and new-team costs, competitive pressure on new loan yields, and some monitoring of C&I nonaccruals). On balance, positive operational trends and outlook beat the limited near-term negatives, supporting a constructive view on the company’s trajectory.Company Guidance
Strong Net Loan Growth
Net loan growth of $856 million linked-quarter, representing 4.2% linked-quarter growth (16% annualized) driven by asset based lending, commercial real estate, specialty equipment leasing, lender finance and single-family warehouse; single-family mortgage balances grew for the second consecutive quarter.
Net Interest Income and Margin Expansion
Net interest income of $280.0 million for the quarter, up 7.7% year-over-year from $260.0 million; consolidated net interest margin (NIM) of 4.84% for the quarter, up 6 basis points from 4.78% in the prior quarter and management expects NIM ex FDIC accretion to remain at the high or slightly above the 4.25%-4.35% target range.
Improved Profitability
Reported net income of approximately $110.7 million (compared to $105.2 million in prior quarter) and diluted EPS of $1.92 vs $1.81 prior quarter; adjusted net income excluding two nonrecurring items would have been $107.7 million and adjusted EPS $1.87; return on average common equity of 17% and return on assets of 1.9% for the quarter.
Balance Sheet and Deposit Growth
Ending deposits of $20.8 billion, up 3.4% linked-quarter and up 7.6% year-over-year; demand, money market and savings accounts represented 95% of total deposits and rose ~7% YoY; noninterest-bearing deposits approx. $3.0 billion at quarter end.
Strong Capital Actions and Shareholder Returns
Repurchased approximately $31 million of common stock at an average price of $59 per share during the temporary market downturn; management emphasizes disciplined capital deployment with M&A evaluated alongside organic growth.
Improving Asset Quality
Total nonperforming assets declined $13.4 million linked-quarter; nonperforming assets improved from ~79 basis points of assets in prior quarter to ~71 basis points this quarter; total nonaccrual loans declined by $15 million linked-quarter with improvements largely in C&I and commercial real estate.
Securities & Custody Business Momentum
Axos Clearing assets under custody increased from $37.1 billion to $39.4 billion quarter-over-quarter; net new assets for custody increased $215 million in the quarter; Axos Clearing deposits rose to $1.4 billion, up $90 million sequentially.
Pipeline and Growth Outlook
Loan pipeline healthy at ~$2.0 billion (as of 07/25/2025) with diversified composition: $532M single-family jumbo, $302M multifamily & small business commercial, $1.1B commercial lending, and $73M auto/consumer; management expects organic loan growth toward the mid-to-high end of single digits to low teens (annual) for fiscal 2026, excluding FDIC purchased loans.
Permanent Tax Rate Improvement
Expected reduction in corporate income tax rate of ~3 percentage points (to ~26%-27%) starting 09/30/2025 due to change in California tax treatment of financial institutions, which will boost net income and EPS in fiscal 2026 and beyond.
Operational Efficiency Initiatives
Management investing in AI and software development to accelerate product delivery, automate routine tasks and create operating leverage; past quarter reductions included approximately $2 million less in other G&A (excluding prior-quarter legal accrual reversal).
DE:BB4 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed