Axos Financial Inc. reported net income of $112.4 million and diluted earnings per share $(EPS)$ of $1.94 for the first fiscal quarter ended September 30, 2025. For the same period in 2024, net income was $112.3 million with diluted EPS of $1.93. Excluding a $17 million interest income benefit from the prepayment of three FDIC-purchased loans in the prior year, net interest income and diluted EPS for the quarter ended September 30, 2025 increased by $16 million and $0.22 per share, representing year-over-year growth of 12.0% and 12.7%, respectively. Non-interest income rose to $32.3 million for the quarter, up from $28.6 million in the prior year period, mainly due to higher banking and service fee income, and increased mortgage banking and servicing rights. Non-interest expense increased by $8.8 million to $156.2 million, primarily driven by higher professional services, data and operational processing expense, and salaries and related costs. Total assets increased by $2.6 billion, or 10.7%, to $27.4 billion at September 30, 2025, from $24.8 billion at June 30, 2025, mainly due to loan growth from the acquisition of Verdant Commercial Capital, which added $1.0 billion in loans and leases. Organic net loan growth for the quarter was $565.2 million. Ending net loan balances were $22.6 billion at September 30, 2025. The allowance for credit losses to non-accrual loans and leases was 180.4% at September 30, 2025, compared to 149.3% at September 30, 2024. Net interest margin was 4.75% for the quarter, compared to 4.84% in the previous quarter. Non-performing assets to total assets were 0.64% as of September 30, 2025, down from 0.71% as of June 30, 2025.