Axos Financial (AX) Interest Expense - Deposits (2010 - 2026)
Axos Financial (AX) recorded Interest Expense - Deposits of $165.38 million in fiscal Q1 2027 (quarter ended Sep 30, 2026), down 2.4% from $169.36 million a year earlier but up 4.7% from the prior quarter.
Axos Financial (AX) Interest Expense - Deposits (2010 - 2026) Analysis & Trends
On a TTM basis, Axos Financial's Interest Expense - Deposits came in at $642.38 million as of Sep 30, 2026, down 1.1% year-over-year; for FY2026 (ended Jun 30, 2026), it came in at $646.37 million, down 3.2% from FY2025.
- Annual Interest Expense - Deposits has a five-year compound annual growth rate of 60.6% (FY2021 to FY2026).
- Across earlier fiscal years, Interest Expense - Deposits came in at $667.75 million in FY2025 (-0.4%), $670.57 million in FY2024 (+97.5%), $339.48 million in FY2023 (+909.8%) and $33.62 million in FY2022 (-44.5%).
- Quarterly Interest Expense - Deposits has ranged from $6.92 million in fiscal Q3 2022 to $187.54 million in fiscal Q4 2024 over the past five years.
- On a year-over-year basis, Interest Expense - Deposits rose in two of the last eight quarters, with an average decline of 4.7%.
- Peak year-over-year performance for Interest Expense - Deposits in the last five years was growth of 814.1% in fiscal Q2 2023, against a decline of 51.5% in fiscal Q2 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $157.94 million (Q4 2026), $151.73 million (Q3 2026) and $167.33 million (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 896.53 Bn | 896.53 Bn | - | 11.40 Bn |
| 2 | Bank Of America | 354.20 Bn | -2,021.91 Bn | - | 7.61 Bn |
| 3 | Hsbc Holdings | 303.54 Bn | -1,800.05 Bn | - | - |
| 4 | Royal Bank Of Canada | 283.29 Bn | -546.75 Bn | - | 7.85 Bn |
| 5 | Morgan Stanley | 281.19 Bn | -262.84 Bn | - | 3.09 Bn |
| 6 | Goldman Sachs | 256.26 Bn | -3,487.19 Bn | - | 5.09 Bn |
| 7 | Wells Fargo & Company | 253.33 Bn | 253.33 Bn | - | 5.85 Bn |
| 8 | Mitsubishi Ufj Financial | 238.77 Bn | -102.62 Bn | 10.89 Bn | 3.48 Bn |
| 9 | American Express | 216.03 Bn | 15.51 Bn | - | 1.24 Bn |
| 10 | Axos Financial | 5.27 Bn | -613.35 Mn | - | 165.38 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 165.38 Mn |
| Jun 30, 2026 | 157.94 Mn |
| Mar 31, 2026 | 151.73 Mn |
| Dec 31, 2025 | 167.33 Mn |
| Sep 30, 2025 | 169.36 Mn |
| Jun 30, 2025 | 156.93 Mn |
| Mar 31, 2025 | 152.69 Mn |
| Dec 31, 2024 | 170.86 Mn |
| Sep 30, 2024 | 187.27 Mn |
| Jun 30, 2024 | 187.54 Mn |
| Mar 31, 2024 | 176.74 Mn |
| Dec 31, 2023 | 160.18 Mn |
| Sep 30, 2023 | 146.11 Mn |
| Jun 30, 2023 | 137.19 Mn |
| Mar 31, 2023 | 98.44 Mn |
| Dec 31, 2022 | 71.35 Mn |
| Sep 30, 2022 | 32.51 Mn |
| Jun 30, 2022 | 11.18 Mn |
| Mar 31, 2022 | 6.92 Mn |
| Dec 31, 2021 | 7.81 Mn |
Axos Financial Interest Expense - Deposits API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-deposits&ticker=AX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-deposits", "ticker": "AX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-deposits&ticker=AX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();