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Axos Financial AX Retained loans reclassified to held-for-sale

Retained loans reclassified to held-for-sale at other companies

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$9.37M

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$5.78B+20.3%
P/E12.1×+1.0×
P/S4.1×+0.2×

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:FinancingReceivableReclassificationToHeldForSale.

The source filing: Axos Financial’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:16 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0001299709-26-000035
(Dollars in thousands)Nine Months Ended / March 31, 2026Nine Months Ended / March 31, 2025
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Interest paid on interest-bearing liabilities523,466524,064
Income taxes paid101,984141,817
Transfers to other real estate and repossessed vehicles from loans held for investment2,0674,752
Transfers from loans held for investment to loans held for sale157,820235,134
Transfers from loans held for sale to loans held for investment7,09312,530
Operating lease liabilities from obtaining right of use assets8,5253,010
Non-cash Contingent Consideration30,810

ITEM 1.FINANCIAL STATEMENTS

FAQ

What is Axos Financial's retained loans reclassified to held-for-sale?
Axos Financial (AX) reported retained loans reclassified to held-for-sale of $21.23M in Q1 2026.
How has Axos Financial's retained loans reclassified to held-for-sale changed year-over-year?
Axos Financial's retained loans reclassified to held-for-sale increased by 179.5% year-over-year, from $7.6M to $21.23M.
What is the long-term trend for Axos Financial's retained loans reclassified to held-for-sale?
Over 3 years (2022 to 2025), Axos Financial's retained loans reclassified to held-for-sale has grown at a 59.9% compound annual growth rate (CAGR), from $105.88M to $432.84M.
What does retained loans reclassified to held-for-sale mean?
This metric represents the carrying value of loans or financing receivables reclassified from the held-for-investment portfolio to the held-for-sale category. It indicates a strategic shift in management's intent to liquidate specific assets rather than holding them to maturity for interest income. This activity is a key indicator of balance sheet liquidity management and potential future gains or losses from asset sales.

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