Axos Bank
Axos Bank reported total assets of $28.9 bn at Q2 2026, up 20.8% from a year earlier. That ranks 74th among 497 banks reporting this metric (1 = highest). Its common equity tier 1 ratio was 10.93%, and an estimated 21.23% of domestic deposits were uninsured. Source: FDIC Call Report data, cross-checked against FFIEC filings.
- Uninsured share of domestic deposits: up 2.76 pp on Q1 2026, to 21.23%
- Total deposits: up 9.5% on Q1 2026, to $24.8 bn
- Bank equity capital: up 3.7% on Q1 2026, to $2.8 bn
Ranks compare banks in our US coverage that report each metric. Sparklines: the last ten years. Source: FDIC BankFind Suite (Call Report data), cross-checked against FFIEC Call Report filings. Calculations: EconoMonitor.
Overview
What stands out about Axos Bank?
Against its six size peers, its return on equity (ROE) stands out most: 22.41% at Q2 2026, above the peer median of 10.05%.
How large is Axos Bank?
At Q2 2026 the bank held $28.9 bn of assets. Deposits were $24.8 bn and net loans and leases $24.7 bn, a loan-to-deposit ratio of 99.47%. Securities of $1.6 bn made up 5.4% of assets.
Total assets rose 275.1% between Q1 2016 and Q2 2026, from $7.7 bn.
How much of its funding is uninsured?
An estimated 21.23% of domestic deposits were above the FDIC insurance limit at Q2 2026, +2.76 pp from the previous quarter and +6.58 pp from a year earlier. That share ranks 403rd among 500 banks reporting this metric (1 = highest).
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total assets | $28.9 bn | +20.8% | 74th of 497 |
| Total deposits | $24.8 bn | +18.0% | 72nd of 499 |
| Net loans and leases | $24.7 bn | +24.9% | 59th of 500 |
| Bank equity capital | $2.8 bn | +13.3% | 92nd of 498 |
| Common equity tier 1 (CET1) ratio | 10.93% | -1.49 pp | 416th of 448 |
| Tier 1 leverage ratio | 9.24% | -0.99 pp | 402nd of 500 |
| Return on equity (ROE) | 22.41% | +7.79 pp | 26th of 500 |
| Net interest margin | 4.69% | -0.11 pp | 50th of 500 |
| Uninsured share of domestic deposits | 21.23% | +6.58 pp | 403rd of 500 |
| Noncurrent loans to total loans | 0.44% | -0.18 pp | 169th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.09% | -0.08 pp | 257th of 500 (1 = lowest) |
US rank: rank among the banks in our coverage reporting each metric, 1 = highest unless marked 1 = lowest.
Balance sheet
Total assets, deposits and net loans, quarterly, Q1 2016 to Q2 2026.
- Total assets $28.9bn
- Deposits $24.8bn
- Net loans $24.7bn
Capital and securities
The common equity tier 1 (CET1) ratio was 10.93% at Q2 2026, -1.49 pp from a year earlier. Since Q1 2016 it has ranged from 10.87% (Q3 2022) to 14.97% (Q1 2018). At Q2 2026 the tier 1 leverage ratio was 9.24% and the total risk-based capital ratio 12.10%. The median CET1 ratio of the size peers listed below was 12.55% at Q2 2026.
Available-for-sale securities showed an unrealized gain of $28.7 mn at Q2 2026; the gain fell by $50.7 mn from a year earlier.
Capital ratios
- Total capital 12%
- CET1 11%
- Tier 1 leverage 9.2%
Unrealized gains and losses on securities
- Available for sale $29mn
- Held to maturity $0
Profitability and loan quality
Return on equity was 22.41% for the year to Q2 2026, annualized, with a return on assets of 2.16% and a net interest margin of 4.69%. The margin was -0.11 pp from a year earlier. The efficiency ratio, noninterest expense as a share of revenue as the FDIC defines it, was 42.30%. Net income for the year to Q2 2026 was $303.2 mn, up 70.4% on the same period a year earlier. The median return on equity of its size peers was 10.05% for the same period.
Noncurrent loans, those 90 days or more past due or no longer accruing interest, were 0.44% of total loans at Q2 2026. Net charge-offs for the year to date were 0.09% of average loans, annualized.
Profitability
- Return on equity 22%
- Net interest margin 4.7%
- Return on assets 2.2%
Compared with banks of similar size
The six banks ranked closest to Axos Bank by total assets at Q2 2026, three above and three below where possible.
Among the seven banks in the table at Q2 2026, Axos Bank is 4th by total assets. Its CET1 ratio of 10.93% compares with a peer median of 12.55%, its tier 1 leverage ratio of 9.24% compares with a peer median of 9.84%, and its return on equity of 22.41% compares with a peer median of 10.05%.
| Bank | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|
| BNY Mellon | $30.6 bn | 15.97% | 7.66% | 53.68% | |
| City National Bank of Florida | $29.1 bn | 14.65% | 11.86% | 51.50% | |
| United Community Bank | $29.0 bn | 12.09% | 11.65% | 39.39% | |
| Axos Bank | $28.9 bn | 10.93% | 22.41% | 21.23% | |
| Sallie Mae Bank | $28.5 bn | 11.78% | 27.51% | 7.15% | |
| Ameris Bank | $28.4 bn | 13.01% | 8.46% | 45.56% | |
| Arvest Bank | $28.1 bn | 11.45% | 6.57% | 27.78% | |
Q2 2026. Peer median (the six banks, excluding this one): CET1 12.55%, return on equity 10.05%. Source: FDIC BankFind Suite (Call Report data), cross-checked against FFIEC Call Report filings. Calculations: EconoMonitor.
Last eight quarters
Axos Bank, as reported in its Call Reports.
From Q3 2024 to Q2 2026, total assets rose 26.1% to $28.9 bn, deposits rose 23.1% to $24.8 bn and bank equity capital rose 20.2% to $2.8 bn. Over the same period its full-time equivalent staff went from 1,370 to 1,596 and its offices went from 2 to 3.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $22.9 bn | $22.8 bn | $23.1 bn | $23.9 bn | $26.3 bn | $27.2 bn | $28.2 bn | $28.9 bn |
| Total deposits | $20.2 bn | $20.1 bn | $20.3 bn | $21.0 bn | $22.6 bn | $23.5 bn | $22.7 bn | $24.8 bn |
| Bank equity capital | $2.3 bn | $2.4 bn | $2.4 bn | $2.5 bn | $2.5 bn | $2.6 bn | $2.7 bn | $2.8 bn |
| Common equity tier 1 (CET1) ratio | 12.67% | 12.49% | 12.20% | 12.42% | 11.37% | 11.12% | 10.90% | 10.93% |
| Return on equity (ROE) | 17.12% | 17.13% | 14.82% | 14.62% | 16.13% | 17.54% | 22.72% | 22.41% |
| Uninsured share of domestic deposits | 14.05% | 13.39% | 14.72% | 14.65% | 16.11% | 17.78% | 18.47% | 21.23% |
| Full-time equivalent employees | 1,370 | 1,337 | 1,377 | 1,445 | 1,493 | 1,494 | 1,538 | 1,596 |
| Number of offices | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 |
Source: FDIC BankFind Suite (Call Report data), cross-checked against FFIEC Call Report filings. Calculations: EconoMonitor.
Mergers and acquisitions
The FDIC history records no mergers or acquisitions for Axos Bank since Q1 2016, and its total assets never moved more than 25% in one quarter.
Identifiers and sources
- FDIC certificate
- 35546
- Federal Reserve RSSD ID
- 2917317
- Head office
- San Diego, California
- Holding company
- Axos Financial, Inc.
- Holding company RSSD ID
- 3814310
- Holding company SEC CIK
- 1299709
- EconoMonitor ID
- EMB-US-000110
Frequently asked questions
What were Axos Bank's total assets?
$28.9 bn at Q2 2026, according to its Call Report as published by the FDIC. By total assets it ranks 74th among 497 banks reporting this metric (1 = highest).
Is Axos Bank the same as its holding company?
No. This page covers the FDIC-insured bank (certificate 35546). Its holding company, Axos Financial, Inc., reports separately to the Federal Reserve and, if its shares are listed, to the SEC.
How often is this page updated?
Every quarter, after Axos Bank files its Call Report and the FDIC publishes it. This page shows Q2 2026, loaded on 19 October 2026; any sentence that uses an earlier quarter names it.
Where can I check these numbers?
In the FDIC BankFind Suite record for certificate 35546, and in the Call Reports filed under RSSD ID 2917317 at the FFIEC Central Data Repository.
Sources and definitions
Definitions, Call Report fields and formulas for each metric: Bank equity capital, Uses community bank leverage ratio framework, Common equity tier 1 (CET1) ratio, Deposits in domestic offices, Efficiency ratio, Full-time equivalent employees, Loan-to-deposit ratio, Total loans and leases (gross), Net loans and leases, Net charge-offs to average loans, Net income (year to date), Net interest margin, Noncurrent loans to total loans, Number of offices, Return on assets (ROA), Return on equity (ROE), Available-for-sale securities (amortized cost), Available-for-sale securities (fair value), Held-to-maturity securities (amortized cost), Held-to-maturity securities (fair value), Total securities, Tier 1 leverage ratio, Total assets, Total deposits, Total equity capital, Total risk-based capital ratio, Uninsured share of domestic deposits, Estimated uninsured deposits, Unrealized gain/loss on available-for-sale securities, Unrealized gain/loss on held-to-maturity securities.
Checks for this release: Check A (database against the FDIC download) passed, Check B (FDIC against FFIEC Call Report filings) passed.
Source: FDIC BankFind Suite (Call Report data). EconoMonitor is not affiliated with or endorsed by the FDIC. FDIC BankFind Suite API.
Source: FFIEC Central Data Repository (Call Reports). EconoMonitor is not affiliated with or endorsed by the FFIEC. FFIEC Central Data Repository, Public Data Distribution.
Data and analysis only, not financial advice. The FDIC and the FFIEC do not endorse EconoMonitor. See the disclaimer and methodology.