secwatch.observer — SEC 8-K summary
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Issuer:     Axos Financial, Inc. (AX)
CIK:        0001299709
Form:       8-K
Filed at:   2026-04-23T23:59:59+00:00
Accession:  0001299709-26-000027
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Axos Bank to acquire $3.2B in IRA deposits from Capital One, subject to regulatory approval
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- Axos Bank to acquire ~$3.2B in IRA deposits (savings & CDs) from Capital One.
- Purchase price equals aggregate deposit balance less an undisclosed premium.
- Deal subject to OCC approval under Bank Merger Act; expected close later in 2026.
- Acquisition includes IRAs, account agreements, and deposit liabilities; Axos assumes custodian duties post-closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1299709/000129970926000027/0001299709-26-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1299709/000129970926000027/ax-20260422.htm
  HTML page:      https://secwatch.observer/filing/0001299709-26-000027

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer