Axos Financial Inc

AX

Equity

ISIN US05465C1009 / Valor 43701281

New York Stock Exchange, Inc (2024-12-24)

USD 72.47+1.37%

Axos Financial Inc
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About company

Axos Financial Inc, a holding company with approximately $21.6 billion in assets, operates through its subsidiaries Axos Bank, Axos Clearing LLC, and Axos Invest, Inc. Axos Bank offers consumer and business banking products nationwide through various distribution channels, while Axos Clearing LLC provides securities clearing services to broker-dealers and investment advisors. Additionally, Axos Invest, Inc. offers digital investment advisory services to retail investors. The company's common stock is listed on the NYSE under the symbol "AX" and is included in various financial indices.

Summarized from source with an LLMView SourceSector: Finance

Net Income

Axos Financial Inc. (NYSE: AX) reported a net income of $60.1 million for the fiscal second quarter ended December 31, 2022. This represents a significant increase compared to the same period in the previous year.

Revenue Growth

For the fiscal second quarter ended December 31, 2022, Axos Financial Inc. achieved total revenue of $200.5 million. This marks a notable growth from the revenue reported in the corresponding quarter of the prior year.

Earnings Per Share

Axos Financial Inc. announced that its diluted earnings per share (EPS) for the fiscal second quarter ended December 31, 2022, were $0.98. This is an improvement over the EPS reported in the same quarter of the previous year.

Net Interest Margin

During the fiscal second quarter ended December 31, 2022, Axos Financial Inc. reported a net interest margin of 4.13%. This reflects an expansion of 21 basis points compared to the previous fiscal year.

Outlook

Axos Financial Inc. provided a positive outlook for the upcoming quarters, anticipating continued growth in both net income and revenue. The company remains focused on expanding its digital banking services and enhancing customer experience.

Summarized from source with an LLMView Source

Key figures

32.2%1Y

31.6%3Y

139%5Y

Performance

42.2%1Y

43.6%3Y

47.9%5Y

Volatility