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Axos Financial AX Banking Business Segment — Provision for Credit Losses

Other segment segments

Securities Business Segment
$0

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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%

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:FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal.

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 — provision for credit losses?
Axos Financial (AX) reported banking business segment — provision for credit losses of $41M in Q1 2026.
How has Axos Financial's banking business segment — provision for credit losses changed year-over-year?
Axos Financial's banking business segment — provision for credit losses increased by 182.8% year-over-year, from $14.5M to $41M.
What is the long-term trend for Axos Financial's banking business segment — provision for credit losses?
Over 3 years (2022 to 2025), Axos Financial's banking business segment — provision for credit losses has grown at a 32.9% compound annual growth rate (CAGR), from $23.75M to $55.75M.
What does banking business segment — provision for credit losses mean?
This is an expense set aside as an allowance for uncollectible loans and credit exposures within the banking segment. It reflects management's assessment of the credit risk inherent in the loan portfolio based on current economic conditions and historical loss experience. An increase in this provision typically signals anticipated deterioration in asset quality or growth in the loan portfolio.