Why Axos Financial (AX) Shares Are Trading Lower Today
Update: 2025-10-31
Description
Despite beating profit estimates and reporting a slight increase in revenue, Axos Financial's shares dropped by 1.4% following its Q3 2025 earnings release. The company's flat year-over-year growth and lower-than-expected efficiency ratio and tangible book value per share raised concerns about its future growth and profitability. The stock's recent volatility, including a 6.6% drop in October, has investors worried about potential risks in the banking sector, particularly with high interest rates and commercial real estate pressures. Despite the recent setback, Axos shares have still risen by over 13% this year and have nearly tripled in value since 2020.
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