NYSE:AXBanks
Why Axos Financial (AX) Is Down 11.4% After Mixed Quarter Of EPS Growth And Loan Strains
In the past quarter, Axos Financial, Inc. reported higher net interest income and net income year over year, with diluted earnings per share from continuing operations rising to US$2.15 for the third quarter and US$6.33 for the first nine months ended March 31, 2026.
Despite this growth and expanding use of artificial intelligence across its operations, Axos also reported a net interest income shortfall versus expectations and pockets of loan quality weakness, including a large legacy...