San Diego, CA · Cert 35546 · Axos Financial Inc.
State savings bank · OCC · 3 branches
Q2 2026
Market Position · San Diego-Chula Vista-Carlsbad, CA · 2026 SOD (annual) · 17.1% share · #2 of 42 inst. · $23.1B of $135.0B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 1.51% | 1.90% | 2.07% | 2.18% | 2.13% | +63 bps | |
| Return on Equity | 14.43% | 19.07% | 21.62% | 22.72% | 22.11% | +768 bps | |
| Net Interest Margin | 4.71% | 4.78% | 4.91% | 4.58% | 4.40% | -31 bps | |
| Efficiency Ratio | 43.64% | 43.05% | 41.89% | 41.10% | 43.59% | -5 bps | |
| Non-Interest Burden | 1.99% | 2.00% | 1.86% | 1.41% | 1.72% | -27 bps | |
| Growth | |||||||
| Asset Growth (YoY) | 7.92% | 15.09% | 19.11% | 22.24% | 20.82% | +1,290 bps | |
| Loan Growth (YoY) | 7.83% | 15.77% | 24.86% | 24.56% | 24.64% | +1,680 bps | |
| Deposit Growth (YoY) | 7.94% | 12.10% | 17.00% | 11.58% | 18.03% | +1,009 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.62% | 0.58% | 0.46% | 0.41% | 0.44% | -18 bps | |
| Net Charge-Offs / Loans | 0.24% | 0.10% | 0.04% | 0.08% | 0.09% | -14 bps | |
| Allowance / Loans | 1.28% | 1.21% | 1.15% | 1.13% | 1.06% | -22 bps | |
| Allowance Coverage of NPLs | 2.0x | 2.1x | 2.5x | 2.7x | 2.4x | +0.3x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 10.23% | 9.69% | 9.15% | 9.39% | 9.24% | -99 bps | |
| Total Risk-Based Capital | 13.70% | 12.62% | 12.37% | 12.13% | 12.10% | -160 bps | |
| Equity / Assets | 10.37% | 9.62% | 9.57% | 9.59% | 9.72% | -65 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 95.21% | 95.53% | 100.03% | 107.24% | 100.54% | +533 bps | |
| Liquid Assets / Assets | 7.83% | 9.49% | 3.35% | 2.86% | 2.45% | -538 bps | |
| CRE / Total Capital | n/a | 234% | 241% | 232% | n/a | n/a | |