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Axos Financial reports Q3 EPS $1.81, consensus $1.74

Reports book value per common share $45.79 vs. $38.48 last year. The company said, “We generated over $700 million in net loan growth, the strongest quarter so far in fiscal year 2025. Continued growth in our asset-based lending, lender finance and equipment leasing businesses, and improved production and net attrition from our single-family mortgage and multifamily lending businesses contributed to this quarter’s solid loan growth. Our credit quality remains good, with non-performing and non-accrual loans declining on an absolute basis and as a percentage of total assets and loans, respectively, compared to the linked quarter. We deployed some of our excess capital and repurchased approximately $28 million of common stock in the quarter ended March 31, 2025 and an additional $30 million of common stock from April 1, 2025 to April 30, 2025.”

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