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Axos Financial, Inc.

AX

Financial Services · 86.67 +0.3% today

You’ve read what changed. Here’s whether the market is confirming it.

Partial group confirmationMarket checked 30 Sept, 15:55 GMT-4

Market read

Axos Financial, Inc.'s move is being confirmed by its market group.

AX accounts for 6.8% of the group's measured movement across 5.8 effective names. raw member direction is mixed; 5 of 7 session-normalized paths align to the downside. Capital-flow agreement is 15%, so confirmation is not yet clean. No verified headline preceded the measured group move.

MOVE ANATOMY

Is this move genuinely shared?

Session-normalized 5m paths
Role in the moveCounter-move#7 of 7 by movement share
Group movement share6.8%Absolute path energy—not portfolio weight
Relative path+0.29%counter
Effective breadth5.8 / 7broad
Relative alignment5/7downside path · 2 counter-moving
Capital-flow agreement15%not yet clean
SEQUENCE READ

No material onset for AX could be timestamped inside the aligned 5-minute window.

EVIDENCE COVERAGE

5 of 7 members in Banks and Insurers are active. 0 of 3 disclosed connections are confirming.

What would change this read
  • At least 5 of 7 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • A filing-linked outsider such as UCB begins moving with the group.

Invalidation: The live read weakens if participation falls to 2 of 7 members or fewer.

Watch this read

Research brief

The story so far

Financial Services · Banks - Regional

AX accounts for 6.8% of the group's measured movement across 5.8 effective names. raw member direction is mixed; 5 of 7 session-normalized paths align to the downside. Capital-flow agreement is 15%, so confirmation is not yet clean. No verified headline preceded the measured group move.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • At least 5 of 7 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • A filing-linked outsider such as UCB begins moving with the group.

Company research

Understand the business, not just the ticker

As of Oct 1, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations341
Usable filing statements132
Verified relationships5
Evidence supporting the case
  • Latest annual revenue changed +23.5% year over year.
  • Operating cash flow covered net income at 1.14x in the latest annual period.
  • Macroeconomic conditions has repeated favorable evidence across 3 filings.
Evidence challenging the case
  • Net margin changed -54.5 percentage points in the latest annual period.
  • Credit and interest rates has repeated adverse evidence across 5 filings.
  • Demand and volume has repeated adverse evidence across 5 filings.
Questions before a position
  • P/E is 18% below the available filing-peer median; determine whether growth and quality justify the difference.
  • EV/sales is 239% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 30, 2026

86.67
6m+1.9%12m+0.4%24m—
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2022-06-30$59.4M+89.7%$3.97+0.5%
2023-06-30$65.3M+9.8%$5.07+0.3%
2024-06-30$64.6M-1.0%$7.66-3.7%
2025-06-30$65.8M+1.8%$7.43-1.1%
2026-06-30$81.3M+23.5%$8.48-0.4%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesnegative · 5 filings
“The increase in non-interest expense was primarily driven by higher depreciation and amortization expense, mainly as a result of the Verdant acquisition, and an increase in salaries and related costs, including the impact of the Verdant acquisition.”
10-K · Aug 20, 2026 ↗
Demand and volumenegative · 5 filings
“These increases were partially offset by a decrease in interest expense on demand and savings deposits.”
10-K · Aug 20, 2026 ↗
Macroeconomic conditionspositive · 3 filings
“Additionally, the results of the quantitative assessment are impacted by the third-party macroeconomic forecasts across various economic scenarios.”
10-K · Aug 20, 2026 ↗

Valuation discipline

Descriptive valuation snapshot

Price/sales 60.4× · EV/sales 51.0×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Scenarios are withheld for Financial Services until sector-specific earnings and capital metrics are available; generic revenue/P/S scaffolds would be misleading.

Price action

How the market is pricing the story

86.67+0.3% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 30 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for AX. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for AX. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind AX

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depended on by

RILYBRC Group Holdings, Inc.partnerMar 31, 2026 ▾

“In light of the significant factual issues to be resolved with respect to the asserted claims and other proceedings described above and uncertainties regarding unasserted claims described above, at the present time reasonably possible losses cannot be estimat…”

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 2 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

AX is currently a Participant in the organic co-movement group Banks and Insurers. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.