Axos Financial Inc is a financial services company that offers a wide range of banking and lending products, primarily through its online platform
It provides services such as personal banking, business banking, and mortgage loans, catering to a diverse customer base that includes individuals and small to medium-sized enterprises. The company leverages technology to enhance customer experience, streamline operations, and reduce costs, positioning itself as a modern alternative to traditional banking institutions. In addition to banking services, Axos Financial also engages in various investment and wealth management activities, aiming to meet the financial needs of its clients comprehensively.
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.
Needham analyst initiates coverage on Axos Financial with a Buy rating and $82 price target. The company's digital-first strategy and full banking license set it apart from traditional banks for profitable growth.
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.
