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NYSE: AX Axos Financial, Inc. 8-K

Axos Bank completes acquisition of ~$1.9B of IRA deposits from Capital One

Filed September 21, 2026 · Period ending September 21, 2026 · ~1 min read

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    Axos Bank acquired approximately $1.9 billion of IRA deposits from Capital One, receiving cash for the aggregate deposit balance less a negotiated premium.

Summary

Axos Financial's banking subsidiary, Axos Bank, completed its previously announced acquisition of individual retirement accounts from Capital One. The transaction involved approximately $1.9 billion of IRA deposits, with Axos Bank receiving cash for the aggregate deposit balance less a negotiated premium.

This expands Axos Bank's deposit base and adds a significant amount of low-cost funding. The acquisition is a straightforward expansion of Axos Bank's deposit franchise and does not present any immediate concerns.

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Figures/quotes linked to EDGAR · Narrative written by AI · Sep 22, 2026 · How we verify