
AX Stock Forecast & Price Target
AX Analyst Ratings
Bulls say
Axos Financial Inc has demonstrated a strong improvement in its loan pipeline, increasing by approximately 11.2% quarter-over-quarter to reach $2.148 billion, which positions the company for potential growth in earning assets. The improved net interest margin (NIM) is anticipated, driven by better funding cost leverage and a steeper yield curve. Although non-performing assets (NPAs) have risen, the bank's proactive strategies to identify new opportunities and transform its asset balance sheet can support overall stability and growth in earnings moving forward.
Bears say
Axos Financial Inc experienced a notable decline in end-of-period deposits, decreasing by 0.8% or $38.4 million, in stark contrast to the 12.7% growth seen in the previous quarter. The net interest income to total deposit ratio also decreased slightly to 15.0%, indicating a potential reduction in profitability as net interest margin compression is anticipated, which may lead to weaker earnings growth. Additionally, loan growth is being hindered by increased payoffs and competitive pressure in certain lending categories, posing risks to overall asset quality and suggesting potential credit concerns within the company’s customer base.
This aggregate rating is based on analysts' research of Axos Financial Inc. and is not a guaranteed prediction by Public.com or investment advice.
AX Analyst Forecast & Price Prediction
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