Axos Financial (AX) Provision for Credit Losses (2010 - 2026)
Axos Financial (AX) reported Provision for Credit Losses of $24.5 million for fiscal Q1 2027 (quarter ended Sep 30, 2026), up 42.0% from $17.26 million a year earlier and up 37.3% from the prior quarter.
Axos Financial (AX) Provision for Credit Losses (2010 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Axos Financial's Provision for Credit Losses came in at $108.35 million, up 83.6% year-over-year; for FY2026 (ended Jun 30, 2026), it came in at $101.11 million, up 81.4% from FY2025.
- Provision for Credit Losses has increased for four consecutive fiscal years, with a five-year compound annual growth rate of 33.6% (FY2021 to FY2026).
- By fiscal year, Provision for Credit Losses came in at $55.75 million in FY2025 (+71.5%), $32.5 million in FY2024 (+34.0%), $24.25 million in FY2023 (+2.1%) and $23.75 million in FY2022 (unchanged).
- Five-year quarterly Provision for Credit Losses spans a low of $3 million in fiscal Q2 2023 and a high of $41 million in fiscal Q3 2026.
- Year over year, Provision for Credit Losses has now increased in each of the last seven quarters, with growth averaging 81.7% over the last eight quarters.
- The high point for year-over-year Provision for Credit Losses in five years was fiscal Q4 2022 (growth of 800.0%); the low point was fiscal Q2 2022 (a decline of 50.0%).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at $17.85 million (Q4 2026), $41 million (Q3 2026) and $25 million (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Provisions (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 896.53 Bn | 896.53 Bn | - | 2.74 Bn |
| 2 | Bank Of America | 354.20 Bn | -2,021.91 Bn | - | 1.24 Bn |
| 3 | Hsbc Holdings | 303.54 Bn | -1,800.05 Bn | - | - |
| 4 | Royal Bank Of Canada | 283.29 Bn | -546.75 Bn | - | 717.20 Mn |
| 5 | Morgan Stanley | 281.19 Bn | -262.84 Bn | - | 103.00 Mn |
| 6 | Goldman Sachs | 256.26 Bn | -3,487.19 Bn | - | 368.00 Mn |
| 7 | Wells Fargo & Company | 253.33 Bn | 253.33 Bn | - | 1.03 Bn |
| 8 | Mitsubishi Ufj Financial | 238.77 Bn | -102.62 Bn | 10.89 Bn | - |
| 9 | American Express | 216.03 Bn | 15.51 Bn | - | 985.00 Mn |
| 10 | Axos Financial | 5.27 Bn | -613.35 Mn | - | 24.50 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 24.50 Mn |
| Jun 30, 2026 | 17.85 Mn |
| Mar 31, 2026 | 41.00 Mn |
| Dec 31, 2025 | 25.00 Mn |
| Sep 30, 2025 | 17.26 Mn |
| Jun 30, 2025 | 15.00 Mn |
| Mar 31, 2025 | 14.50 Mn |
| Dec 31, 2024 | 12.25 Mn |
| Sep 30, 2024 | 14.00 Mn |
| Jun 30, 2024 | 6.00 Mn |
| Mar 31, 2024 | 6.00 Mn |
| Dec 31, 2023 | 13.50 Mn |
| Sep 30, 2023 | 7.00 Mn |
| Jun 30, 2023 | 7.00 Mn |
| Mar 31, 2023 | 5.50 Mn |
| Dec 31, 2022 | 3.00 Mn |
| Sep 30, 2022 | 8.75 Mn |
| Jun 30, 2022 | 11.25 Mn |
| Mar 31, 2022 | 4.50 Mn |
| Dec 31, 2021 | 4.00 Mn |
Axos Financial Provision for Credit Losses 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=provision-for-credit-losses&ticker=AX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "provision-for-credit-losses", "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=provision-for-credit-losses&ticker=AX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();