$AX·8-K

Axos Financial, Inc. · Mar 23, 4:11 PM ET

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Axos Financial, Inc. 8-K

Research Summary

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Updated

Axos Financial Announces OCC Approval for Deposit Acquisition

What Happened
Axos Financial, Inc. (through its subsidiary Axos Bank) announced that the Office of the Comptroller of the Currency (OCC) granted approval on March 19, 2026 for a previously disclosed deposit acquisition. The company first disclosed the planned transaction in a Form 8-K filed February 12, 2026 and filed this update on March 23, 2026. Axos Financial currently expects the transaction to close in the quarter ending June 30, 2026.

Key Details

  • OCC approval date: March 19, 2026.
  • Prior disclosure: Transaction was previously disclosed in an 8-K filed February 12, 2026.
  • Expected close: In the quarter ending June 30, 2026.
  • The approval relates to a deposit acquisition by Axos Bank, a subsidiary of Axos Financial.

Why It Matters
Regulatory approval from the OCC is a required step to complete the deposit acquisition disclosed earlier. Investors should watch for subsequent filings that will disclose closing confirmation and any financial or operational terms; those filings will provide the concrete details on how the acquisition affects Axos Financial’s balance sheet, deposit base and results.

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