Axos acquires industrial equipment lender

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Digital native Axos Bank will acquire Cincinnati-based equipment leasing company Verdant Commercial Capital for $43.5 million, the bank announced Monday. Verdant, which lends to the industrial and manufacturing sectors, has roughly $1.1 billion in loans and leases on its balance sheet. It originates equipment finance leases, conditional sale leases, fair market value ...