Axos Financial Inc. Acquires Verdant Commercial Capital to Expand Nationwide Commercial Lending
Axos Financial, Inc. has acquired Verdant Commercial Capital, LLC for $43.5 million to enhance its equipment leasing business. Verdant specializes in vendor-based equipment leasing and has approximately $1.1 billion in loans and leases. The acquisition is expected to increase Axos's earnings per share by 2%-3% in fiscal 2026 and 5%-6% in fiscal 2027, with additional opportunities for cross-selling commercial deposits and floorplan lending. The deal is set to close on September 30, 2025.
Axos Financial, Inc., through its banking subsidiary Axos Bank, announced the acquisition of Verdant Commercial Capital, LLC, an independent equipment leasing company. Verdant, which specializes in vendor-based equipment leasing across six industry verticals, has approximately $1.1 billion in loans and leases. The transaction is valued at an initial purchase price of $43.5 million, including a $4 million premium to book value, to be paid in cash at closing. The deal is expected to enhance Axos’s equipment leasing business and allow for profitable scaling, with anticipated accretive earnings per share by 2%-3% in fiscal 2026 and 5%-6% in fiscal 2027. Axos sees further opportunities in cross-selling commercial deposits and floorplan lending. The transaction is expected to close on September 30, 2025. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Axos Financial Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250922127397) on September 22, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
