Axos Financial (AX) Investor presentation summary

Strategic foundation and business model

• Operates through three divisions: consumer banking, commercial banking, and securities, enabling diversified growth opportunities and risk mitigation.

• Asset-based lending at low loan-to-values has led to historically low credit losses.

• Digital-first retail strategy and technology synergies reduce client acquisition and servicing costs.

• Structural cost advantages and new business initiatives drive incremental growth.

Financial performance and growth

• Achieved 16% asset growth and 11% deposit growth year-over-year in Q1 FY26.

• Net income rose 12% to $112.4M, with diluted EPS up 13% to $1.94 in Q1 FY26.

• Return on equity at 15.94% and return on assets at 1.77% for Q1 FY26.

• Five-year deposit CAGR of 18.5%, reaching $22.3B as of September 30, 2025.

• Diluted EPS and book value per share have shown strong, consistent growth over the past five years.

Lending, deposits, and fee income diversification

• Offers a broad range of lending products, including auto, single-family, multifamily, commercial, and specialty loans.

• Deposit base is diversified across consumer, fiduciary, specialty, and commercial segments, with 90% FDIC-insured or collateralized.

• Non-interest income has grown and diversified, with $129.4M annualized for Q1 FY26.

• National reach with customers in every state and well-distributed deposit volumes.