Axos Financial Inc.

Axos Financial, Inc. is a holding company, which engages in the provision of banking and financing services. It operates through the following segments: Banking Business and Securities Business. The Banking Business segment includes online banking, concierge banking, prepaid card services, and mortgage, vehicle, and unsecured lending through online and telephonic distribution channels. The Securities Business segment is involved in the clearing broker-dealer, registered investment advisor, and introducing broker-dealer lines of businesses. The company was founded on July 6, 1999 and is headquartered in Las Vegas, NV.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q3 2022

Earnings data Q4 2022

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Earnings data Q3 2023

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Earnings data Q1 2025

Earnings data Q2 2025

Axos Financial reports strong Q1 earnings, faces challenges in securities

Axos Financial delivered strong financial results but faces challenges in loan originations and the securities business. However, it has opportunities for growth through loan expansion, margin improvement, and market share expansion in the RIA segment.

Axos Financial Inc. reports robust Q2 performance amidst market challenges

Axos Financial Inc. delivered strong financial performance in Q2 2023 with notable growth in key metrics and a focus on organic growth strategies.
While facing challenges in loan originations and regulatory uncertainties, the company is well-positioned to capitalize on opportunities in evolving markets.
With a solid operational foundation, emphasis on efficiency, and strategic growth initiatives, Axos Financial is poised for continued success and value creation.

Axos Financial Inc. reports robust Q3 performance and strategic growth plans

Axos Financial Inc. delivered a strong performance in Q3 2023, marked by robust financial metrics and growth in key areas.
While facing challenges in addressing Moody's concerns and managing shifting cash balances, the company is well-positioned to capitalize on growth opportunities.
Strategic initiatives in the security segment and plans for loan growth underscore Axos Financial's focus on innovation and sustainable growth.
Overall, Axos Financial Inc. remains resilient in navigating challenges and leveraging opportunities for future expansion and client engagement.

Axos Financial reports robust Q4 earnings amidst strategic growth plans

Axos Financial's Q4 performance reflects strong financial results, robust credit quality, and strategic capital management.
The company's strengths lie in its focus on AI integration, resilience in the real estate sector, and strategic growth initiatives.
Challenges include information security concerns, declining commercial deposits, and regulatory uncertainties in exiting digital assets.
Opportunities for Axos Financial include leveraging competitor weaknesses, enhancing AI capabilities, and expanding market reach through strategic partnerships.

Axos Financial Inc. reports robust Q1 performance and growth outlook

Axos Financial Inc. delivered strong financial results in Q1 2024, marked by robust earnings growth, improved margins, and solid credit quality.
While facing challenges such as increased professional services expenses and legacy business TAM losses, the company remains focused on growth opportunities.
With a clear strategic vision, strong capital levels, and a commitment to innovation, Axos Financial Inc. is well-positioned for continued success and expansion in the market.

Axos Financial reports robust Q2 earnings, eyes digital banking growth

Axos Financial Inc. delivered strong financial performance in Q2 2024, driven by robust earnings growth and strategic initiatives.
The company's focus on credit quality, capital strength, and growth in lending businesses positions it well for future opportunities.
While challenges like interest rate changes and expense management exist, Axos Financial remains optimistic about its growth trajectory.

Axos Financial Inc. reports robust Q3 earnings amidst strategic challenges

Axos Financial Inc. delivered impressive financial performance in Q3 2024, driven by strong loan and deposit growth.
While challenges persist in fee-based segments and certain markets, strategic adjustments and product innovations offer growth potential.
Management's focus on operational efficiency, loan growth, and capital priorities positions the company well for future success and resilience.

Axos Financial Inc. reports stellar Q4 results and eyes growth

Axos Financial Inc. delivered outstanding Q4 2024 results, showcasing strong financial performance and operational efficiency across key metrics.
The company's prudent financial management, focus on risk mitigation, and strategic investments in technology position it well for future growth and market resilience.
While facing challenges in loan portfolio optimization and market dynamics, Axos Financial Inc. has opportunities to leverage its strengths and drive innovation for sustained success.
Overall, Axos Financial Inc.'s Q4 earnings call highlights a solid foundation for growth, supported by a strategic vision for operational excellence and market competitiveness.

Axos Financial Inc. reports robust Q1 performance amidst challenges

Axos Financial Inc. demonstrated strong financial performance with notable growth in key metrics, reflecting resilience and strategic management.
While facing challenges in nonperforming assets and competition, the company has opportunities to enhance its position and optimize its operations.
Strategic focus on managing interest rate risk and addressing key challenges will be crucial for sustained growth and profitability.

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Axos Financial, Inc. is a holding company, which engages in the provision of banking and financing services. It operates through the Banking Business and Securities Business segments. The Banking Business segment includes online banking, concierge banking, prepaid card services, mortgage, vehicle, unsecured lending through online, and telephonic distribution channels. The Securities Business segment involves clearing broker-dealer, registered investment advisor, and introducing broker-dealer lines of businesses. The company was founded on July 6, 1999 and is headquartered in Las Vegas, NV.

Axos Financial, Inc. (AX) CEO Greg Garrabrants on Q1 2022 Earnings Call Transcript

Axos Financial (AX) delivered earnings and revenue surprises of 18.39% and 5.13%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Axos Financial (AX) Q1 Earnings and Revenues Top Estimates

SAN DIEGO--(BUSINESS WIRE)---- $AX #RIA--Axos Financial, Inc. (NYSE: AX) (“Axos”), parent company of Axos Bank (the “Bank”), today announced unaudited financial results for the first quarter ended September 30, 2021. Net income was $60.2 million, an increase of 13.6% from $53.0 million for the quarter ended September 30, 2020. Earnings attributable to Axos' common stockholders was $60.2 million or $0.99 per diluted share for the first quarter of fiscal 2022, an increase of 13.7% from $52.9 million and 12.5%

Axos Financial, Inc. Reports Record First Quarter Fiscal 2022 Results

Axos Financial (AX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Axos Financial (AX) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release

Axos Financial (AX) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

Here's Why Momentum in Axos Financial (AX) Should Keep going

LAS VEGAS--(BUSINESS WIRE)---- $AX #RIA--Axos Financial, Inc. (NYSE: AX) (“Axos” or the "Company”), parent of Axos Bank, announced today that it will host a conference call on Thursday, October 28, 2021 at 5:00 PM ET (2:00 PM PT) to discuss financial results for the first quarter of fiscal 2022 ended September 30, 2021. Joining Gregory Garrabrants, President and Chief Executive Officer of the Company, will be Andrew Micheletti, Executive Vice President, Finance and Derrick Walsh, Executive Vice President an

Axos Financial, Inc. to Announce First Quarter Fiscal 2022 Results on October 28, 2021

SAN DIEGO--(BUSINESS WIRE)---- $AX #CFO--Axos Financial, Inc. (NYSE: AX), parent of Axos Bank (collectively, "Axos"), announced today that the Board of Directors of Axos has appointed Derrick K. Walsh as Executive Vice President, Chief Financial Officer of Axos, effective September 23, 2021. Mr. Walsh joined Axos in 2013 and has served as Senior Vice President and Chief Accounting Officer of Axos since 2015 and will continue to retain principal accounting officer responsibilities for Axos. He succeeds Andre

Axos Announces Chief Financial Officer Transition

SAN DIEGO--(BUSINESS WIRE)---- $AX #bank--Axos Financial, Inc. (NYSE: AX) ("Axos" or the "Company"), parent of Axos Bank (the "Bank"), announced the election of Stefani Carter as an independent director of the Board of Directors of the Company and the Bank, effective August 31, 2021. Ms. Carter has extensive legal, corporate governance, commercial real estate, and public board experience. “Stefani is a welcomed addition to our Board,” said Paul Grinberg, Chairman of the Board of Directors. “As the Company co

Axos Announces the Election of Stefani Carter as an Independent Member of the Board of Directors

SAN DIEGO--(BUSINESS WIRE)---- $AX #AAS--Axos Financial, Inc. (NYSE: AX) (“Axos” or the "Company”), parent of Axos Bank, announced today that it has closed its acquisition of E*TRADE Advisor Services (“EAS”), the registered investment advisor (“RIA”) custody business Morgan Stanley acquired in its acquisition of E*TRADE Financial Corporation in 2020. EAS had approximately $24.8 billion of assets under custody, including $1.2 billion of client cash sweeps, at July 30, 2021. EAS has been rebranded Axos Adviso

Axos Financial, Inc. Closes E*TRADE Advisor Services Acquisition

Axos Financial's (AX) CEO Greg Garrabrants on Q4 2021 Results - Earnings Call Transcript

Axos Financial (AX) delivered earnings and revenue surprises of 6.98% and -0.91%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Axos Financial (AX) Surpasses Q4 Earnings Estimates

SAN DIEGO--(BUSINESS WIRE)---- $AX #Clearing--Axos Financial, Inc. (NYSE: AX) (“Axos”), parent company of Axos Bank (the “Bank”), today announced unaudited financial results for the fourth fiscal quarter and full fiscal year ended June 30, 2021. Net income for the quarter was $54.3 million, an increase of 19.8% over net income of $45.3 million for the quarter ended June 30, 2020. Earnings attributable to Axos' common stockholders were $54.3 million or $0.90 per diluted share for the fourth quarter of fiscal 2021

Axos Financial, Inc. Announces Record Net Income of $215.7 million for Fiscal 2021

SAN DIEGO--(BUSINESS WIRE)---- $AX #advisor--Axos Financial, Inc. (NYSE: AX) (“Axos” or the "Company”), parent of Axos Bank, announced today that it will host a conference call on Thursday, July 29, 2021 at 5:00 PM ET (2:00 PM PT) to discuss financial results for the fourth quarter of fiscal 2021 ended June 30, 2021. Joining Gregory Garrabrants, President and Chief Executive Officer of the Company, will be Andrew J. Micheletti, Executive Vice President and Chief Financial Officer. The Company plans to distribut

Axos Financial, Inc. to Announce Fourth Quarter Fiscal 2021 Results on July 29, 2021

Let's see if Axos Financial (AX) stock is a good choice for value-oriented investors right now from multiple angles.

Should Value Investors Consider Axos Financial (AX) Stock?

Axos Financial's (AX) CEO Greg Garrabrants on Q3 2021 Results - Earnings Call Transcript

SAN DIEGO--(BUSINESS WIRE)---- $AX #EAS--Axos Financial, Inc. (NYSE: AX) (“Axos”), parent company of Axos Bank (the “Bank”), today announced financial results for the third fiscal quarter ended March 31, 2021. Net income was $53.6 million, a decrease of 4.3% from $56.1 million for the quarter ended March 31, 2020. Earnings attributable to Axos' common stockholders were $53.6 million or $0.89 per diluted share for the third quarter of fiscal 2021, a decrease of 4.2% from $56.0 million or $0.91 per diluted sh

Axos Financial, Inc. Reports Fiscal Third Quarter 2021 Results

Axos Financial (AX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Axos Financial (AX) Q3 Earnings Expected to Decline

SAN DIEGO--(BUSINESS WIRE)---- $AX #RIA--Axos Financial, Inc. (NYSE: AX) (“Axos” or the "Company”), parent of Axos Bank, announced today that its wholly-owned subsidiary Axos Clearing LLC (“Axos Clearing”) has signed a definitive agreement to acquire certain assets and liabilities of E*TRADE Advisor Services (“EAS”), the registered investment advisor (“RIA”) custody business Morgan Stanley acquired in its acquisition of E*TRADE Financial Corporation in 2020. Axos will fund the $55 million cash purchase pric

Axos Financial, Inc. to Acquire E*TRADE Advisor Services

SAN DIEGO--(BUSINESS WIRE)---- $AX #banks--Axos Financial, Inc. (NYSE: AX) (“Axos” or the "Company”), parent of Axos Bank, announced today that it will host a conference call on Thursday, April 29, 2021 at 5:00 PM ET (2:00 PM PT) to discuss financial results for the third quarter of fiscal 2021 ended March 31, 2021. Joining Gregory Garrabrants, President and Chief Executive Officer of the Company, will be Andrew J. Micheletti, Executive Vice President and Chief Financial Officer. The Company plans to distribu

Axos Financial, Inc. to Announce Third Quarter Fiscal 2021 Results on April 29, 2021

SAN DIEGO--(BUSINESS WIRE)---- $AX #banks--Axos Financial, Inc. (NYSE: AX) (“Axos” or the "Company”), parent of Axos Bank (the “Bank”), announced today that the Company redeemed (the “Redemption”) all of the issued and outstanding 6.25% Subordinated Notes due February 28, 2026 (the “2026 Notes”). The 2026 Notes (NYSE: AXO), with an aggregate principal amount of $51 million, were redeemed on March 31, 2021 (“Redemption Date”) at 100% of their principal amount, plus accrued and unpaid interest. The 2026 Notes n

Axos Financial, Inc. Completes Redemption of Subordinated Notes

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Axos Financial (AX) Hits 52-Week High, Can the Run Continue?

SAN DIEGO--(BUSINESS WIRE)--Axos Financial, Inc. (NYSE: AX) (“Axos” or the "Company”), parent of Axos Bank (the “Bank”), announced today that the Company exercised its option to redeem (the “Redemption”) all of the issued and outstanding 6.25% Fixed-to-Floating Rate Subordinated Notes due February 28, 2026 (the “Notes”). The Notes, with an aggregate principal amount of $51 million, will be redeemed on March 31, 2021 (“Redemption Date”) at 100% of their principal amount, plus accrued and unpaid

Axos Financial, Inc. Announces Redemption of Subordinated Notes

Does Axos Financial (AX) have what it takes to be a top stock pick for momentum investors? Let's find out.

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