Axos targets low-to-mid-teen loan growth and flat net interest margin by fiscal 2027.
Context
What happened: Axos Financial outlined low to mid-teen loan growth for fiscal 2027 and said it is targeting a flat net interest margin, per its Q1 fiscal 2027 earnings call.
Key numbers: Low to mid-teen loan growth targeted for fiscal 2027; flat net interest margin target; double-digit year-over-year growth in net interest income, non-interest income, ending loan and deposit balances, earnings per share and book value per share.
Why it matters: Management described core business fundamentals as strong, citing double-digit year-over-year growth across income, balances and per-share metrics.
Why it matters
Management described core business fundamentals as strong, citing double-digit year-over-year growth across income, balances and per-share metrics.