trending Market Intelligence /marketintelligence/en/news-insights/trending/0h6WjIRxGGByY4YGpVrKOA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Compass Point upgrades Axos Financial to 'buy'

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible


Compass Point upgrades Axos Financial to 'buy'

Compass Point analyst Scott Valentin upgraded San Diego-based Axos Financial Inc.'s stock rating to "buy" and reduced the price target to $34 from $35.

Valentin wrote that the company's valuation gap relative to peers with high return on equity has widened, which has created an attractive entry point.

He also wrote that considering the high percentage of interest-rate sensitive nontime deposits, he believes the company's balance sheet is well structured to reduce the negative effects of lower short-term interest rates, as lower deposit costs and an increased percentage of higher-yielding commercial real estate and commercial and industrial loans should be able to maintain a relatively stable net interest margin.

Valentin's adjusted EPS estimates for the company are $3.13 for fiscal year 2020 and $3.36 for fiscal year 2021.