Axos Bank, a US-based digital financial services company offering online banking products, has agreed to acquire Verdant Commercial Capital, one of the largest independent U.S. equipment finance firms, for $43.5 million. Founded in 2017, Verdant manages approximately $1.1 billion in loans and leases across various sectors, including renewable energy, manufacturing, and technology, and originates leases ranging from $50,000 to $5 million. Axos expects to boost earnings per share by 2–3% in fiscal 2026 and 5–6% in fiscal 2027 by replacing Verdant’s high-cost funding with lower-cost deposits, expanding originations, and cross-selling products such as commercial deposits and floorplan lending. 

Axos Bank Acquires Verdant Commercial Capital for $43.5M