Axos Financial beats Q1 adjusted EPS estimates

Reuters2025-10-31
Axos Financial beats Q1 adjusted EPS estimates

Overview

  • Axos Financial fiscal Q1 adjusted EPS beats estimates

  • Adjusted net income for fiscal Q1 exceeds analysts' expectations

  • Company's non-interest income rises 13% yr/yr, aided by higher banking and service fees

Outlook

  • Company did not provide specific guidance for future periods

Result Drivers

  • VERDANT ACQUISITION - Acquisition of Verdant Commercial Capital added $1 bln in loans and leases, boosting net loan growth

  • ORGANIC LOAN GROWTH - Organic net loan growth contributed $565 mln to total loan increase

  • NON-INTEREST INCOME INCREASE - Non-interest income rose 13% yr/yr, driven by higher banking and service fees and mortgage banking

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q1 Adjusted EPS

Beat

$2.07

$1.94 (6 Analysts)

Q1 EPS

$1.94

Q1 Adjusted Net Income

Beat

$120.38 mln

$111.40 mln (6 Analysts)

Q1 Net Income

$112.35 mln

Q1 Net Interest Income

$291.05 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the banks peer group is "buy"

  • Wall Street's median 12-month price target for Axos Financial Inc is $105.00, about 25% above its October 29 closing price of $78.77

Press Release: ID:nBw5bFL9ha

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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