Recent Updates — AX

On September 21, 2026, Axos Bank completed its acquisition of approximately $1.9 billion in individual retirement account (IRA) deposits from Capital One, National Association. The transaction was executed pursuant to a Purchase and Assumption Agreement dated April 22, 2026. Axos Bank acquired the deposits and received cash for the aggregate deposit balance less a negotiated premium. This strategic move expands the bank's deposit base through the acquisition of specific retail banking assets from a major competitor.

Axos Nevada Holding, LLC, a subsidiary of Axos Financial, Inc., entered into a definitive agreement to acquire Arc Technologies, Inc., a financial technology platform. The transaction is expected to close later this month. Axos Financial, Inc. is a financial services company providing various banking and technology-driven solutions.

On June 8, 2026, the Office of the Comptroller of the Currency approved the deposit acquisition by Axos Bank, a subsidiary of Axos Financial, Inc. The transaction is expected to close in the latter part of 2026. Axos Financial, Inc. is a financial services company providing digital banking services.