AXOS FINANCIAL INC

By PYMNTS | October 29, 2026 | American Express has introduced new ways for consumer and business cardholders in the United States to redeem rewards for a deposit into eligible American Express bank accounts, the company said in a Thursday (Oct. 29) press release . For consumers, U.S. Consumer Cash Back Card members ca

U.S. Consumer Cash Back1 Card Members can now redeem Reward Dollars for a deposit into an American Express® High Yield Savings Account, and watch their savings grow with a competitive Annual Percentage...

AXIS Capital Holdings reported third-quarter 2026 revenue of $1.79 billion, a 6.9% increase year-over-year, despite net income attributable to common shareholders falling 31.5% to $201.5 million and diluted EPS declining 26.5% to $2.75. The company's revenue was boosted by higher net premiums earned and investment income, though partly offset by investment losses and increased catastrophe losses. AXIS plans strategic growth in specialty markets, adjusting capital deployment based on pricing and return targets.

AXIS Capital reported a third-quarter 2026 net income of $202 million, or $2.75 per diluted share, and an operating income of $229 million, or $3.12 per diluted share. Total revenues for the quarter reached $1.79 billion, with gross premiums written increasing by 11% to $2.4 billion, and the combined ratio stood at 94.0%. The company saw growth in both its Insurance and Reinsurance segments, with net investment income also rising by 14%.

This article announces the filing of a Form 8K by AXIS CAPITAL HOLDINGS LTD for October 28. The brief report indicates that this financial filing is publicly available for review by interested parties, likely detailing significant events or material changes for the company. The article itself serves as a notification of this filing.

AXIS Capital Holdings Ltd. (AXS), an institutional investment manager, reported three Form 13F holdings entries totaling $314,072,978 for the calendar quarter ended September 30, 2026. This filing indicates that all holdings of the reporting manager are included, with no other managers listed. The report was accepted by the SEC on October 28, 2026, at 05:02 PM EDT.

JPMorgan Chase & Co. has raised its price target for American Express (NYSE:AXP) from $360 to $365, maintaining an "overweight" rating and suggesting a 16.21% potential upside. Despite some varying analyst opinions, including UBS lowering its target, the overall sentiment is a "Moderate Buy" with an average price target of $365. American Express also surpassed quarterly earnings expectations, reporting $4.68 EPS against a $4.50 consensus, with revenue growing 8.9% year-over-year.

Capital One Financial reported stronger-than-expected third-quarter 2026 earnings, with increased net interest income and net income, alongside lower net charge-offs compared to 2025. This performance, coupled with a focus on high-value travel and business customers through initiatives like the Venture X Business welcome package, suggests a positive shift in its investment narrative. Analysts project continued revenue growth and earnings increases, though profit margins may slightly soften due to ongoing technology and marketing investments.