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Axos Financial AX Banking Business Segment — Goodwill

Other segment segments

Securities Business Segment
$59.95M0.0%

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$719.86M+10.4%
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AUBConsumer Banking — Goodwill
$473.15M+333%
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$951.15M0.0%

Other financials

Income statement

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Revenue$392.2M+27.0%
Net income$124.7M+18.5%
EPS (diluted)$2.15+18.8%

Balance sheet

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Cash & equivalents$1.4B-40.1%
Total debt$371.8M-5.1%
Total equity$3.1B+17.7%
Total assets$29.2B+22.0%

Cash flow

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Operating cash flow$42.0M-43.0%
CapEx$143.3M+1,575%
Free cash flow$85.4M-45.4%

Valuation

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Market cap$5.01B+30.9%
P/E10.5×+1.6×
P/S3.5×+0.4×

Profitability

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Net margin33.5%-1.3pp
FCF margin31.5%+3.2pp

Returns & leverage

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Return on equity16.8%-1.0pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by Axos Financial in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: Axos Financial’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Axos Financial's banking business segment — goodwill?
Axos Financial (AX) reported banking business segment — goodwill of $82.38M in Q1 2026.
How has Axos Financial's banking business segment — goodwill changed year-over-year?
Axos Financial's banking business segment — goodwill increased by 130.6% year-over-year, from $35.72M to $82.38M.
What is the long-term trend for Axos Financial's banking business segment — goodwill?
Over 4 years (2021 to 2025), Axos Financial's banking business segment — goodwill has grown at a 0.0% compound annual growth rate (CAGR), from $142.88M to $142.88M.
What does banking business segment — goodwill mean?
This is an intangible asset representing the premium paid over the fair value of net identifiable assets during an acquisition within the banking segment. It reflects the value of brand reputation, customer relationships, and other non-physical synergies. Significant changes in this balance often result from impairment testing or new business combinations.