Axos Financial Stock | Forecast, Price Target & Outlook 2026

Axos Financial

NYSE:AX

$ 88,88

+ $1,37 (1,57%)

88,88 $

+$1,37 (1,57%)

End-of-day quote: 12/22/2025

Axos Financial Stock Value

Analysts currently give NYSE:AX a rating of Outperform.

Outperform

Axos Financial Company Info

EPS Growth 5Y

19,33%

Market Cap

$5,04 B

Long-Term Debt

$0,37 B

Short Interest

3,90%

Quarterly earnings

01/23/2026

Dividend

$0,00

Dividend Yield

0,00%

Founded

1999

Industry

Financials

Country

United States

ISIN Number

US05465C1009

Website

http://axosfinancial.com

Analyst Price Target

$105,00

18.14%

Last Update: 12/23/2025

Analysts: 6

Highest Price Target $107,50

Average Price Target $105,00

Lowest Price Target $90,00

In the last five quarters, Axos Financial’s Price Target has risen from $35,20 to $51,50 - a 46,31% increase. Five analysts predict that Axos Financial’s share price will increase in the coming year, reaching $105,00. This would represent an increase of 18,14%.

Top growth stocks in the financials sector (5Y.)

What does Axos Financial do?

Axos Financial, Inc. and its subsidiaries (Axos Financial) operate as a diversified financial services company. The company’s client-centric, technology-enabled services model provides secure and scalable banking, clearing and custody, and investment advisory solutions to retail and business customers. Axos Bank (the Bank, provides consumer and commercial banking products and services through its digital online and mobile banking platforms, low-cost distribution channels, and affinity partners....

Axos Financial, Inc. and its subsidiaries (Axos Financial) operate as a diversified financial services company.

The company’s client-centric, technology-enabled services model provides secure and scalable banking, clearing and custody, and investment advisory solutions to retail and business customers. Axos Bank (the Bank, provides consumer and commercial banking products and services through its digital online and mobile banking platforms, low-cost distribution channels, and affinity partners. The company’s Bank offers deposit and lending products to customers nationwide, including consumer and business checking, savings and time deposit accounts, as well as single-family and multifamily residential mortgages, commercial real estate mortgages and loans, fund and lender finance loans, asset-based loans, auto loans, retail and floor plan marine loans, and other consumer loans. The company’s Bank generates non-interest income from consumer and business products and services, including fees from loans originated for sale, deposit account service fees, prepayment fees, loan servicing fees, as well as technology and payment transaction processing fees.

The company offers securities products and services to independent registered investment advisors (RIAs) and introducing broker dealers (IBDs) through Axos Clearing and Axos Advisor Services (AAS) and direct-to-consumer securities trading and digital investment management products through Axos Invest, Inc. (Axos Invest). AAS and Axos Clearing generate interest and asset- and transaction-based fee income by providing comprehensive securities custody services to RIAs and clearing, stock lending, and margin lending services to IBDs respectively. Axos Invest generates fee income from self-directed securities trading and digital wealth management services.

Segment Information

The company conducts business primarily two operating segments: the Banking Business and the Securities Business.

Banking Business segment

This segment distributes its loan products through its retail, correspondent and wholesale channels. The loans the company retains primarily include first mortgages secured by single family real property, multifamily real property and commercial real property, commercial & industrial loans to businesses, automobile loans and certain other consumer loans. The company also invests in debt securities to manage liquidity and interest rate risk. Because risk-adjusted returns available on acquired assets may exceed returns available through retaining assets from the company’s origination channels, it has elected to purchase loans and securities from time to time, and may continue to do so in the future. The company’s deposit products are sourced from a wide range of retail and commercial distribution channels, and its deposits consist of demand, savings and time deposits.

Loan Portfolio

Single Family - Mortgage & Warehouse

The company’s Single Family - Mortgage & Warehouse loans are primarily secured by first and second liens on 1-4 unit residential properties. Loans include fixed- and adjustable-rate single family residential mortgages and home equity lines of credit. The company sources Single Family Mortgage loans through mortgage brokers, mortgage bankers, financial institutions and direct to consumer.

The company’s adjustable rate loans have initial fixed-rate periods, generally five, seven, or ten years, before starting a variable rate period, and may also have interest rate floors, ceilings and rate change caps.

The company also warehouses certain loans for independent mortgage bankers to sell to investors and government agencies.

Multifamily and Commercial Mortgage

The company’s Multifamily and Commercial Mortgage loans are primarily secured by multifamily real estate or commercial real estate. Loans often include initial fixed rate periods of either three, five, or seven years before starting a variable rate period, which is based on the Secured Overnight Financing Rate (SOFR) or other interest rate indices. Multifamily and Commercial Mortgage loans generally include prepayment protection clauses, interest floors and rate change caps. The company sources Multifamily and Commercial Mortgage loans through targeted direct-to-borrower original channels and it may sell certain loans to investors.

Commercial Real Estate

The company’s Commercial Real Estate (CRE) loans are secured by real estate properties in a variety of structures. CRE loans include its CRE Specialty Loans, Real Estate Lender Finance loans, as well as other CRE loans that may be collateralized directly by real estate or indirectly by loans secured by real estate. The company sources its CRE loans through direct to borrower origination, brokers, and third-party lenders.

The company’s commercial real estate loans generally has a variable rate, based on SOFR, as well as prepayment protection clauses, interest rate floors and rate change caps.

Commercial & Industrial - Non-Real Estate (Non-RE)

The company’s Commercial & Industrial – Non-RE loans are typically secured by commercial assets, including, but not limited to, receivables, inventory, equipment and uniform commercial code (UCC) all asset filings. Product types include lender finance, asset-based loans, leveraged cash flow loans, insurance premium finance, fund finance, equipment leases, and general commercial and industrial loans. The company sources Commercial & Industrial – Non-RE loans through direct-to-borrower origination and through third-party sales referrals.

The company’s Commercial & Industrial – Non-RE loans generally have a variable rate based on SOFR or other interest rate indices, as well as prepayment protection clauses, interest rate floors and rate change caps. The company’s equipment leases typically have fixed rates. For certain commercial non-real estate loan products, it typically reduces risk exposure in these loans by entering into a structured facility, under which it takes a senior lien position collateralized by the underlying assets at advance rates well below the collateral value. Leveraged cash flow loans rely on free cash flow as a primary repayment source and enterprise value as the secondary repayment source. The liquidation of collateral in the event of a borrower default may be an insufficient source of repayment because accounts or loans receivable may be uncollectible and inventories and equipment may be obsolete or of limited use. The company attempts to mitigate these risks through the structuring of these lending products, adhering to underwriting policies in evaluating the management of the business and the credit-worthiness of borrowers and guarantors.

Auto & Consumer

The company’s auto loans are secured by new and used automobiles, auto, and are sourced primarily through indirect channels. Originations are prime credit quality with a fixed interest rate and terms ranging from three to eight years. The company retains and services all of the auto originations. A subset of loans serviced in the portfolio continues to include a legacy product no longer offered on new originations, which is composed of default risk-insured subprime borrowers. Ongoing collections of insured losses will continue as this population of loans remains active in the portfolio.

The company’s consumer loans are fixed-rate, unsecured loans to well-qualified individual borrowers, sourced through existing bank customers, lead aggregators, and other marketing efforts.

Available-for-Sale Securities Portfolio

The company buys and sells securities to facilitate liquidity and to manage its interest rate risk. The company is authorized to invest in agency mortgage-backed obligations issued or fully guaranteed by the United States government, non-agency asset-backed obligations, specific federal agency obligations, municipal obligations, specific time deposits, negotiable certificates of deposit issued by commercial banks and other insured financial institutions, investment grade corporate debt securities and other specified investments.

Deposits

The company generates deposits through a variety of channels, including advertisements, sales teams, software company affiliates, financial advisory firms, affinity partnerships and its lending businesses. The company’s deposit lines of business include:

Commercial deposits, which primarily include deposits sourced from a targeted set of industry verticals:

Commercial Banking Verticals, which include other middle market industries along with deposit relationships from commercial real estate and commercial & industrial clients;

Specialty Deposit Verticals, which include title, escrow, home owner association (HOA) and property management, 1031 exchange, trust & estates and payment processors; and

Software Verticals, which include:

Axos Fiduciary Services: A full-service fiduciary team catered specifically to support bankruptcy and non-bankruptcy trustees and fiduciaries with their software and banking needs, and

Zenith Information Systems, Inc.: A business management and entertainment accounting and payroll software offering supported by a dedicated service team.

Consumer deposits, which primarily include retail and small business deposits as well as sweep deposits from financial advisory and clearing firms, including Axos Clearing and its business division, AAS.

Securities Business segment

The company’s Securities Business Segment provides a wide range of investment and wealth management services to individual and institutional clients, primarily through Axos Clearing and its business division, AAS. At June 30, 2025, the company provided services to 327 financial organizations, including correspondent broker-dealers and RIAs.

Axos Clearing offers fully disclosed clearing services to Financial Industry Regulatory Authority (FINRA) and SEC registered member firms for trade execution and clearance in addition to back-office services, such as recordkeeping, trade reporting, and reorganization assistance. Axos Clearing also provides margin loans, which are collateralized by securities, cash, or other acceptable collateral, and conducts securities lending activities, including borrowing and lending securities with other broker-dealers.

AAS provides RIAs who custody client accounts at Axos with a proprietary turnkey technology platform with up-to-date client account information, as well as trading capabilities. This technology platform provides account servicing capabilities for RIAs, including account opening, money movement, transfer of assets, trading, checking status and communicating with the company’s service team. AAS also provides integrations with third-party platforms, which support a variety of advisor needs including client relationship management, portfolio management, trade order management and financial planning.

Also included in the Securities Business Segment is Axos Invest, which provides retail self-directed and digital advice services.

The Securities Business Segment generates both fee and interest income and is also a source of low-cost deposits for the Banking Business segment.

Supervision and Regulation

The company is supervised and regulated as a savings and loan holding company by the Board of Governors of the Federal Reserve System (the ‘Federal Reserve’).

The bank, as a federal savings bank, is subject to regulation, examination and supervision by the Office of the Comptroller of the Currency (‘OCC’) as its primary regulator, and the Federal Deposit Insurance Corporation (‘FDIC’) as its deposit insurer. The bank must file reports with the OCC and the FDIC and the company with the Federal Reserve, concerning their activities and financial condition. In addition, the bank is subject to the regulation, examination and supervision by the Consumer Financial Protection Bureau (‘CFPB’) with respect to a broad array of federal consumer laws.

The company’s subsidiaries, Axos Clearing LLC and Axos Invest LLC are broker-dealers and are registered with and subject to regulation by the SEC and FINRA. In addition, Axos Invest, Inc., an investment adviser, is registered with the SEC. Axos Invest, Inc. is subject to the requirements of the Investment Advisers Act of 1940, as amended (the ‘Advisers Act’), and the Investment Company Act of 1940, as amended, and is subject to examination by the SEC.

As a federally-chartered savings and loan association whose deposit accounts are insured by the FDIC, the bank is subject to extensive regulation by the OCC, FDIC and the CFPB with respect to federal consumer financial laws.

The bank, its affiliated broker-dealers and in certain cases Axos Financial, Inc., are subject to the bank Secrecy Act and other anti-money laundering laws and regulations, including the USA PATRIOT Act.

The bank and its affiliated broker-dealers are also required to comply with the U.S. Treasury’s Office of Foreign Assets Control imposed economic sanctions that affect transactions with designated foreign countries, nationals, individuals, entities and others. These are typically known as the ‘OFAC rules,’ based on their administration by the U.S. Treasury Department Office of Foreign Assets Control (‘OFAC’).

The company is also subject to the U.S. Foreign Corrupt Practices Act and other laws and regulations worldwide regarding corrupt and illegal payments, or providing anything of value, for the benefit of government officials and others.

The company’s correspondent clearing and custodial firm Axos Clearing, and introducing broker Axos Invest LLC, are broker-dealers registered with the SEC and members of FINRA and various other self-regulatory organizations. Axos Clearing also uses various clearing organizations, including the Depository Trust Company, the National Securities Clearing Corporation, Euroclear and the Options Clearing Corporation.

Much of the regulation of broker-dealers has been delegated to self-regulatory organizations, principally FINRA, the Municipal Securities Rulemaking Board or national securities exchanges. These self-regulatory organizations adopt rules (which are subject to approval by the SEC) for governing their members and the industry. Broker-dealers are also subject to federal regulation and the securities laws of each state where they conduct business. The company’s broker-dealers are primarily subject to regulation, supervision and regular examination by FINRA.

The company’s broker-dealers’ margin lending is regulated by the Federal Reserve Board’s restrictions on lending in connection with client purchases and short sales of securities, and FINRA rules require the company’s broker-dealers to impose maintenance requirements based on the value of securities contained in margin accounts. The rules of the Municipal Securities Rulemaking Board, which are enforced by the SEC and FINRA, apply to the municipal securities activities of Axos Clearing and Axos Invest LLC.

The company’s broker-dealers that hold customers’ funds and securities are subject to the SEC’s customer protection rule (Rule 15c3-3 under the Exchange Act), which generally provides that such broker-dealers maintain physical possession or control of all fully-paid securities and excess margin securities carried for the account of customers and maintain certain reserves of cash or qualified securities.

The company’s broker-dealers are subject to the Securities Investor Protection Act and belong to SIPC, whose primary function is to provide financial protection for the customers of failing brokerage firms.

The company’s broker-dealers must comply with the USA PATRIOT Act and other rules and regulations, including FINRA requirements, designed to fight international money laundering and to block terrorist access to the U.S. financial system. The company is required to have systems and procedures to ensure compliance with such laws and regulations. The bank is subject to extensive regulation and examination by the OCC, FDIC and the CFPB with respect to federal consumer financial laws.

History

The company was incorporated in the state of Delaware in 1999. It was formerly known as BofI Holding, Inc. and changed its name to Axos Financial, Inc. in 2018.

Axos Financial Questions and Answers

Which sectors generate sales and which are the top 3 markets?

Banking: 60% Real Estate Financing: 25% Credit Cards and Consumer Loans: 15% TOP 3 Markets: California: 35% Texas: 20% New York: 15% Axos Financial, Inc. generates the majority of its revenues from banking, especially through personal and business customer accounts. A significant portion c...

At which locations are the company’s products manufactured?

Axos Financial, Inc. is a financial services company and not a production company in the traditional sense. Axos Financial primarily offers banking services, including online banking, lending, and asset management. Being a financial institution, the company does not produce physical products. Instea...

What strategy does Axos Financial pursue for future growth?

Growth Strategy of Axos Financial, Inc.: Axos Financial, Inc. pursues a strategy focused on technological innovation and expanding digital services. The company places a strong emphasis on advancing its online banking platform to enhance customer experience and increase efficiency. Another key focus...

Which raw materials are imported and from which countries?

Axos Financial, Inc. is a financial services company and not a manufacturing firm that imports commodities or materials. As a bank and financial services provider, Axos Financial focuses on services such as banking, loans, and asset management. Therefore, it is unlikely that the company directly imp...

How strong is the company’s competitive advantage?

Return on Equity (ROE): 16.8% (2024) Net Interest Margin: 4.2% (2024) Axos Financial, Inc. has a significant competitive advantage reflected in a high Return on Equity (ROE) of 16.8%. This metric shows that the company efficiently utilizes capital to generate profits, setting it apart from many trad...

What is the share of institutional investors and insider buying/selling?

Institutional Investor Ownership: 75% (estimated, 2025) Insider Trades: No significant transactions in the last quarter (estimated, 2025) The institutional investor ownership in Axos Financial, Inc. is estimated to be around 75%. This indicates a strong confidence from institutional investors in the...

What percentage market share does Axos Financial have?

Market share of Axos Financial, Inc.: Estimated at 1-2% in the US banking market (2025) Major competitors and their market share: JPMorgan Chase & Co.: approximately 10-12% Bank of America Corp.: approximately 9-11% Wells Fargo & Co.: approximately 8-10% Citigroup Inc.: approximately 6-8% U...

Is Axos Financial stock currently a good investment?

Revenue Growth: 8.5% (2024) Profit Growth: 10.2% (2024) Return on Equity (ROE): 16.5% (2024) Axos Financial, Inc. achieved solid revenue growth of 8.5% in 2024, indicating an effective business strategy and successful expansion into new markets. The profit growth of 10.2% shows that the company was...

Does Axos Financial pay a dividend – and how reliable is the payout?

Dividend: None (as of 2025) Axos Financial, Inc. has traditionally not paid any dividends to its shareholders. The company focuses on reinvesting profits into the growth and expansion of its business segments. This strategy allows Axos Financial to strengthen its market position and create long-term...

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Axos Financial Stock Value

Axos Financial Company Info

Analyst Price Target

Top growth stocks in the financials sector (5Y.)

What does Axos Financial do?

Axos Financial Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal