Articles from Axos Financial, Inc.

Axos Financial, Inc. (NYSEAX) (“Axos” or the “Company”) today announced unaudited financial results for the second fiscal quarter ended December 31, 2024. Net income was $104.7 million and diluted earnings per share (“EPS”) was $1.80 for the quarter ended December 31, 2024. Net income for the quarter ended December 31, 2023 was $151.8 million and diluted EPS was $2.62, which included a $92.4 million one-time gain associated with the FDIC Loan Purchase during that quarter. Adjusted earnings and adjusted earnings per diluted common share (“Adjusted EPS”), non-GAAP measures described further below, increased $13.4 million to $105.8 million and increased $0.22 to $1.82, respectively, for the quarter ended December 31, 2024, compared to $92.5 million and $1.60, respectively, for the quarter ended December 31, 2023.

Axos Financial, Inc. (NYSEAX) (“Axos” or the "Company”), holding company for Axos Bank, Axos Clearing LLC, and Axos Invest, Inc., announced today that it will host a conference call on Tuesday, January 28, 2025 at 5:00 PM ET (2:00 PM PT) to discuss financial results for the second quarter of fiscal year 2025 ended December 31, 2024.

Axos Bank, the nationwide bank subsidiary of Axos Financial, Inc. (NYSEAX), announced its launch of their Technology & Life Sciences Banking Division. Led by Silicon Valley industry veteran Rod Werner, Axos enters the innovation economy with an experienced and talented team.

Axos Clearing, a subsidiary of Axos Financial Inc. (NYSEAX) and a leading clearing firm that combines innovative technology with personalized service, today announced a strategic partnership with Envestnet, a provider of integrated technology, data intelligence, and wealth solutions. The partnership will integrate Envestnet’s managed account solutions into Axos Clearing’s Axos Complete portal, empowering hybrid broker-dealers (BDs) and registered investment advisers (RIAs) to enhance client service and streamline operations.

Axos Financial, Inc. (NYSEAX) (“Axos” or the “Company”) today announced unaudited financial results for the first fiscal quarter ended September 30, 2024. Net income was $112.3 million, an increase of 35.9% from $82.6 million for the quarter ended September 30, 2023. Diluted earnings per share (“EPS”) were $1.93, an increase of $0.55, or 39.9%, as compared to diluted earnings per share of $1.38 for the quarter ended September 30, 2023.

Axos Financial, Inc. (NYSEAX) (“Axos” or the "Company”), holding company for Axos Bank, Axos Clearing LLC, and Axos Invest, Inc., announced today that it will host a conference call on Wednesday, October 30, 2024 at 5:00 PM ET (2:00 PM PT) to discuss financial results for the first quarter of fiscal 2025 ended September 30, 2024.

Axos Financial, Inc. (NYSEAX) (“Axos” or the “Company”) today announced unaudited financial results for the fourth fiscal quarter ended June 30, 2024. Net income was $104.9 million, an increase of 20.1% from $87.4 million for the quarter ended June 30, 2023. Diluted earnings per share (“EPS”) were $1.80, an increase of $0.34, or 23.3%, as compared to diluted earnings per share of $1.46 for the quarter ended June 30, 2023.

Axos Financial, Inc. (NYSEAX) (“Axos” or the "Company”), holding company for Axos Bank, Axos Clearing LLC, and Axos Invest, Inc., announced today that it will host a conference call on Tuesday, July 30, 2024 at 5:00 PM ET (2:00 PM PT) to discuss financial results for the fourth quarter of fiscal 2024 ended June 30, 2024.

Axos Bank, the nationwide bank subsidiary of Axos Financial, Inc. (NYSEAX), was recently named to multiple USA TODAY Blueprint ‘Best Of’ lists, including Best Checking Account, Best Business Bank Account, and Best Personal Loan. USA TODAY Network is the largest local-to-national publishing and digital media organization in the country.

Axos Financial, Inc. (NYSEAX) (“Axos” or the “Company”) today announced unaudited financial results for the third fiscal quarter ended March 31, 2024. Net income was $110.7 million, an increase of 38.7% from $79.9 million for the quarter ended March 31, 2023. Diluted earnings per share (“EPS”) was $1.91, an increase of $0.59, or 44.7%, as compared to diluted earnings per share of $1.32 for the quarter ended March 31, 2023.

Axos Bank, the nationwide bank subsidiary of Axos Financial, Inc. (NYSEAX), was named to the 2024 Forbes America’s Best Banks list. Forbes considered the 200 largest publicly-traded banks and thrifts by assets and ranked the top 100.

Axos Financial, Inc. (NYSEAX) (“Axos” or the "Company”), holding company for Axos Bank, Axos Clearing LLC, and Axos Invest, Inc., announced today that it will host a conference call on Tuesday, April 30, 2024 at 5:00 PM ET (2:00 PM PT) to discuss financial results for the third quarter of fiscal 2024 ended March 31, 2024.

Axos Financial, Inc. (NYSEAX) (“Axos” or the “Company”) today announced that its Board of Directors authorized a program to repurchase up to $100 million of its common stock. This new share repurchase authorization is in addition to the existing share repurchase plan approved on April 26, 2023, which has approximately $20 million remaining.

Axos Bank, the nationwide bank subsidiary of Axos Financial, Inc. (NYSEAX), was named in Forbes Advisor’s “Best Business Checking Accounts of February 2024.” Axos ranked in the top banks for Best QuickBooks Compatibility. Forbes Advisor compared 50 checking accounts at 20 banks and credit unions to find the best business checking accounts available. Forbes Advisor also focused on checking accounts that are nationally available to small businesses.

Axos Financial, Inc. (NYSEAX) (“Axos” or the “Company”) today announced unaudited financial results for the second fiscal quarter ended December 31, 2023. Net income was $151.8 million, an increase of 86.1% from $81.6 million for the quarter ended December 31, 2022. Diluted earnings per share was $2.62, an increase of $1.27, or 94.1%, as compared to diluted earnings per share of $1.35 for the quarter ended December 31, 2022.

Axos Financial, Inc. (NYSEAX), parent of Axos Bank, announced today that leading personal finance website GOBankingRates.com named Axos Bank as a Top Bank in America for “Best Checking Accounts.” This is the seventh time since 2015 that Axos Bank has been featured on the GOBankingRates list of best banks.

Axos Financial, Inc. (NYSEAX) (“Axos” or the "Company”), holding company for Axos Bank, Axos Clearing LLC, and Axos Invest, Inc., announced today that it will host a conference call on Tuesday, January 30, 2024 at 5:00 PM ET (2:00 PM PT) to discuss financial results for the second quarter of fiscal 2024 ended December 31, 2023.

Axos Financial, Inc. (NYSEAX) (“Axos” or the “Company”) announces that its wholly-owned subsidiary Axos Bank has completed the acquisition of two performing commercial real estate (“CRE”) loan portfolios, including multi-family loans among others, from the Federal Deposit Insurance Corporation (“FDIC”) at a purchase price equal to approximately 63% of par value, resulting in an approximate discount to par value for the purchased loans of $463.7 million. Axos Bank paid cash for the acquired loans.

Axos Financial, Inc. (NYSEAX) (“Axos” or the “Company”) announces the election of Sara Wardell-Smith as an independent director of the Board of Directors of the Company and the Board of Directors of Axos Bank, effective December 1, 2023. Ms. Wardell-Smith has extensive experience in wholesale banking, global payments, fintech partnerships and board service.

Axos Financial, Inc. (NYSEAX) (“Axos” or the “Company”) today announced unaudited financial results for the first fiscal quarter ended September 30, 2023. Net income was $82.6 million, an increase of 41.5% from $58.4 million for the quarter ended September 30, 2022. Diluted earnings per share was $1.38, an increase of $0.41, or 42.3%, as compared to diluted earnings per share of $0.97 for the quarter ended September 30, 2022.

Axos Financial, Inc. (NYSEAX), parent of Axos Bank, announced today that leading personal finance website GOBankingRates.com named Axos Bank “Best for Mobile Banking” in America. This is the sixth time since 2015 that Axos Bank has been featured on GOBankingRates’ list of best banks.

Axos Financial, Inc. (NYSEAX) (“Axos” or the "Company”), holding company for Axos Bank, Axos Clearing LLC, and Axos Invest, Inc., announced today that it will host a conference call on Thursday, October 26, 2023 at 5:00 PM ET (2:00 PM PT) to discuss financial results for the first quarter of fiscal 2024 ended September 30, 2023.

Axos Financial, Inc. (NYSEAX) (“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, 2023. Net income for the quarter was $87.4 million, an increase of 50.9% over net income of $57.9 million for the quarter ended June 30, 2022. Earnings per diluted share for the quarter were $1.46, an increase of $0.50, or 52.1%, as compared to earnings per diluted share of $0.96 for the quarter ended June 30, 2022.

Axos Financial, Inc. (NYSEAX) (“Axos” or the "Company”), parent of Axos Bank, announced today that it will host a conference call on Thursday, July 27, 2023 at 5:00 PM ET (2:00 PM PT) to discuss financial results for the fourth quarter of fiscal 2023 ended June 30, 2023.

Axos Financial, Inc. (NYSEAX) (“Axos”) today announced unaudited financial results for the fiscal third quarter ended March 31, 2023. Net income was $79.9 million, an increase of 29% from $61.8 million for the quarter ended March 31, 2022. Diluted earnings per share were $1.32, an increase of $0.30, or 29%, as compared to diluted earnings per share of $1.02 for the quarter ended March 31, 2022.

Axos Financial, Inc. (NYSEAX) (“Axos” or the "Company”), parent of Axos Bank, announced today that it will host a conference call on Thursday, April 27, 2023 at 5:00 PM ET (2:00 PM PT) to discuss financial results for the third quarter of fiscal 2023 ended March 31, 2023. The Company also provided certain preliminary financial results for the three months ended March 31, 2023.

Axos Bank provides its Insured Cash Sweep (ICS) program, which offers multimillion-dollar FDIC insurance coverage – and peace of mind – to commercial, small business, and consumer banking clients. Through IntraFi® Network DepositsSM, the ICS program provides expanded protection of liquid deposits up to $150 million with FDIC insurance, backed by the full faith of the federal government.

Axos Financial, Inc. (NYSEAX) (“Axos” or the “Company”), parent of Axos Bank, provided a mid-quarter business update for the third quarter ending March 31, 2023. Through March 12, 2023, the Company has seen the following:

Axos Financial, Inc. (NYSEAX) (“Axos”), today announced unaudited financial results for the fiscal second quarter ended December 31, 2022. Net income was $81.6 million, an increase of 34% from $60.8 million for the quarter ended December 31, 2021. Diluted earnings per share were $1.35, an increase of $0.35, or 35%, as compared to diluted earnings per share of $1.00 for the quarter ended December 31, 2021.

Axos Bank, a pioneer in digital banking and finance, has been awarded features across major categories in GOBankingRates’s Best Banks of 2023 roundup, including Best Online Banks and Best Checking Accounts. GOBankingRates, a top personal finance news and features website, included Axos Bank after evaluating more than 4,300 data points and 170 banks and credit unions to establish the Best Banks of 2023.

Axos Financial, Inc. (NYSEAX) (“Axos” or the "Company”), parent of Axos Bank, announced today that it will host a conference call on Thursday, January 26, 2023 at 5:00 PM ET (2:00 PM PT) to discuss financial results for the second quarter of fiscal 2023 ended December 31, 2022.

Axos Invest has announced the launch of its latest free investor insight tool, FundFinder+ featuring LOGICLY. Designed to mimic the same tool financial advisors use to determine investment products for their clients, it’s a powerful duo that blends sophisticated screening capabilities with the fund selection opportunities of Axos Invest. Self-directed investors now have unfiltered, unbiased, and objective access to detailed fund information, direct from some of the country’s leading asset management companies.

Axos Financial, Inc. (NYSEAX) (“Axos”), today announced unaudited financial results for the first fiscal quarter ended September 30, 2022. Net income was $58.4 million, a decrease of 3% from $60.2 million for the quarter ended September 30, 2021. Diluted earnings per share were $0.97, a decrease of $0.02, or 2%, as compared to diluted earnings per share of $0.99 for the quarter ended September 30, 2021.

Axos Financial, Inc. (NYSEAX) (“Axos” or the "Company”), parent of Axos Bank, announced today that it will host a conference call on Thursday, October 27, 2022 at 5:00 PM ET (2:00 PM PT) to discuss financial results for the first quarter of fiscal 2023 ended September 30, 2022.

Axos Financial, Inc. (NYSEAX) (“Axos” or the “Company”), parent of Axos Bank (the “Bank”), announced that the Company made the 2022 Piper Sandler (“Piper Sandler) Sm-All Stars. This is the seventh time the Company has received this recognition since 2013.

Axos Financial, Inc. (NYSEAX) (“Axos” or the “Company”), parent of Axos Bank (the “Bank”), announced the election of Roque A. Santi as an independent director of the Board of Directors of the Company and the Bank, effective August 22, 2022. Mr. Santi has extensive accounting, strategic planning, mergers and acquisitions, and public board experience.

Axos Financial, Inc. (NYSEAX) (“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, 2022. Net income for the quarter was $57.9 million, an increase of 6.7% over net income of $54.3 million for the quarter ended June 30, 2021. Earnings per diluted share for the quarter were $0.96, an increase of $0.06, or 6.7%, as compared to earnings per diluted share of $0.90 for the quarter ended June 30, 2021.

Axos Financial, Inc. (NYSEAX) (“Axos” or the "Company”), parent of Axos Bank, announced today that it will host a conference call on Thursday, August 4, 2022 at 5:00 PM ET (2:00 PM PT) to discuss financial results for the fourth quarter of fiscal 2022 ended June 30, 2022.

Axos Financial, Inc. (NYSEAX) (“Axos” or the "Company”), parent of Axos Bank, announced today that it will attend the following investor conferences.

Axos Financial, Inc. (NYSEAX) (“Axos”), parent company of Axos Bank (the “Bank”), today announced unaudited financial results for the third fiscal quarter ended March 31, 2022. Net income was $61.8 million, an increase of 15.2% from $53.6 million for the three months ended March 31, 2021. Earnings per diluted share was $1.02, an increase of $0.13, or 14.6%, as compared to earnings per diluted share of $0.89 for the three months ended March 31, 2021.

Axos Financial, Inc. (NYSEAX) (“Axos” or the "Company”), parent of Axos Bank, announced today that it has been added to KBW’s 2022 Bank Honor Roll.

Axos Financial, Inc. (NYSEAX) (“Axos” or the "Company”), parent of Axos Bank, announced today that it will host a conference call on Thursday, April 28, 2022 at 5:00 PM ET (2:00 PM PT) to discuss financial results for the third quarter of fiscal 2022 ended March 31, 2022.

Axos Financial, Inc. (NYSEAX) (“Axos” or the “Company”), parent of Axos Bank (the “Bank”), announced today the pricing of a public offering of $150 million in aggregate principal amount of the Company’s 4.00% Fixed-to-Floating Rate Subordinated Notes due 2032 (the “Notes”). The Notes will bear interest at a rate of 4.00% per year, payable semi-annually in arrears on March 1 and September 1 of each year, beginning on September 1, 2022. From and including March 1, 2027 to, but excluding March 1, 2032, or the earlier redemption date, interest will accrue at a floating rate per annum equal to the then-current Three-Month Term SOFR plus a spread of 227 basis points, payable quarterly in arrears. The Notes are callable on any interest payment date at par starting on March 1, 2027. Keefe, Bruyette & Woods, A Stifel Company, and Piper Sandler & Co. are serving as lead and joint book-running manager, respectively, with B. Riley Securities, Inc., D.A. Davidson & Co., and Wedbush Securities, Inc. serving as co-managers on the offering.

Axos Financial, Inc. (NYSEAX) (“Axos”), parent company of Axos Bank (the “Bank”), today announced unaudited financial results for the second fiscal quarter ended December 31, 2021. Net income was $60.8 million, an increase of 11.0% from $54.8 million for the quarter ended December 31, 2020. Earnings per diluted share was $1.00, an increase of $0.09, or 9.9%, as compared to earnings per diluted share of $0.91 for the three months ended December 31, 2020.

Axos Financial, Inc. (NYSEAX) (“Axos” or the "Company”), parent of Axos Bank, announced today that it will host a conference call on Thursday, January 27, 2022 at 5:00 PM ET (2:00 PM PT) to discuss financial results for the second quarter of fiscal 2022 ended December 31, 2021.

Axos Financial, Inc. (NYSEAX) (“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% from $0.88 per diluted share for the first quarter of fiscal 2021.

Axos Financial, Inc. (NYSEAX) (“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.

Axos Financial, Inc. (NYSEAX), 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 Andrew J. Micheletti who will continue with Axos as Executive Vice President, Finance, performing various strategic and investor relations initiatives.

Axos Financial, Inc. (NYSEAX) ("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.

Axos Financial, Inc. (NYSEAX) (“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 Advisor Services and operates as the RIA custody business within Axos Clearing LLC.

Axos Financial, Inc. (NYSEAX) (“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, an increase of 20.0% from $45.2 million or $0.75 per diluted share for the fourth quarter ended June 30, 2020.

Axos Financial, Inc. (NYSEAX) (“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.

Axos Financial, Inc. (NYSEAX) (“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 share for the third quarter ended March 31, 2020.

Axos Financial, Inc. (NYSEAX) (“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 price with existing capital at Axos Financial, Inc. and expects this transaction to close in the third calendar quarter of 2021.