Axos Financial, Inc., together with its subsidiaries, provides consumer and business banking products in the United States. It operates through Banking Business and Securities Business segments. The company offers deposits products, including consumer and business checking, demand, savings, time deposit, money market, zero balance, and insured cash sweep accounts. It also provides single family, multifamily, and commercial mortgage loans; commercial real estate secured loans; commercial and industrial non-real estate, asset-backed, lines of credit, and term loans; automobile loans; fixed rate term unsecured loans; and other loans, such as structure settlements, small business administration consumer loans, and securities-backed loans. In addition, the company offers ACH origination, wire transfer, commercial check printing, business bill pay and account transfer; remote deposit capture, mobile deposit, lockbox, merchant, and online payment portal; concierge banking; mobile and text messaging banking; and payment services, as well as debit and credit cards, and digital wallets. Further, it provides disclosed clearing services; back-office services, such as record keeping, trade reporting, accounting, general back-office support, securities and margin lending, reorganization assistance, and custody of securities; and financing to brokerage customers. The company was formerly known as BofI Holding, Inc. and changed its name to Axos Financial, Inc. in September 2018. Axos Financial, Inc. was incorporated in 1999 and is based in Las Vegas, Nevada.
IPO Year: 2018
Exchange: NYSE
Website: axosfinancial.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/11/2024 | $82.00 | Buy | Needham |
| 7/31/2024 | $79.00 | Outperform → Mkt Perform | Keefe Bruyette |
| 2/21/2023 | $55.00 | Strong Buy → Outperform | Raymond James |
| 7/11/2022 | $52.00 → $56.00 | Mkt Perform → Outperform | Keefe Bruyette |
| 6/30/2022 | Outperform → Neutral | Wedbush | |
| 1/28/2022 | $62.00 | Neutral → Buy | B. Riley Securities |
| 11/1/2021 | $55.00 → $60.00 | Strong Buy | Raymond James |
| 10/6/2021 | $54.00 | Buy → Neutral | B. Riley Securities |
| 8/2/2021 | $53.00 → $55.00 | Strong Buy | Raymond James |
8-K - Axos Financial, Inc. (0001299709) (Filer)
8-K - Axos Financial, Inc. (0001299709) (Filer)
10-Q - Axos Financial, Inc. (0001299709) (Filer)
8-K - Axos Financial, Inc. (0001299709) (Filer)
424B5 - Axos Financial, Inc. (0001299709) (Filer)
8-K - Axos Financial, Inc. (0001299709) (Filer)
8-K - Axos Financial, Inc. (0001299709) (Filer)
10-Q - Axos Financial, Inc. (0001299709) (Filer)
8-K - Axos Financial, Inc. (0001299709) (Filer)
8-K - Axos Financial, Inc. (0001299709) (Filer)
AI-driven transformation of Axos Bank's high-net-worth financial platform to redefine customer experiences and operational efficiencies.Cutting-edge solutions like self-healing algorithms and predictive analytics for an agile, scalable, and secure banking future.Redefining digital banking with hyper-personalized experiences, exponential customer growth, and accelerated financial impact.BASKING RIDGE, N.J. and SAN DIEGO, Feb. 19, 2025 /PRNewswire/ -- Ascendion, a trailblazer in AI-driven software engineering, is proud to announce it has partnered with Axos Bank, the nationwide bank subsidiary of Axos Financial, Inc. (NYSE:AX). The partnership will redefine high-net-worth banking and accountin
Axos Bank, the nationwide bank subsidiary of Axos Financial, Inc. (NYSE:AX), was named to the 2025 Forbes America's Best Banks list. Forbes considered the 200 largest publicly traded banks and thrifts by assets and ranked the top 100. The 16th annual Forbes America's Best Banks list evaluated and ranked these institutions based on 11 metrics measuring growth, credit quality, and profitability for the twelve months, ending September 30, 2024, as well as stock performance in the twelve months through January 10, 2025. The 10 equally-weighted financial metrics are net interest margin; return on average tangible common equity; return on average assets; CET1 ratio; efficiency ratio; nonperform
Integration enables advisors to provide professional management for clients' held-away retirement assets Future Capital, a tech-enabled registered investment advisor (RIA) specializing in personalized retirement solutions, and Axos Clearing, a subsidiary of Axos Financial Inc. (NYSE:AX), announced today an integration that will give financial advisors the ability to manage their clients' workplace retirement accounts. This partnership integrates Future Capital's Core and Construct platforms into the Axos Professional Workstation, a key component of Axos Complete, allowing firms to seamlessly incorporate held-away retirement assets into their strategies. Axos Complete is a fully integra
Axos Financial, Inc. (NYSE:AX) ("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 q
Axos Financial, Inc. (NYSE:AX) ("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. Executive management will discuss the Company's second quarter fiscal 2025 results on the call. The Company plans to distribute its earnings results on Tuesday, January 28, 2025 after 4:00 PM ET (1:00 PM PT). Interested parties may access the live conference call by visiting Axos Financial's website at http://investors.axosfinancial.com and clicking on the
Silicon Valley industry veteran Rod Werner joins as Head of Technology and Life Sciences Banking along with 10 experienced bankers Axos Bank, the nationwide bank subsidiary of Axos Financial, Inc. (NYSE:AX), 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. The new division will have dedicated teams in Palo Alto, San Francisco, Boston, New York, and LA focused on supporting Venture Capital and Private Equity Firms directly as well as the firm's portfolio companies through three distinct but coordinated verticals: Sponsor Finance, Lender Fi
The partnership will enhance client service and streamline operations for hybrid firms and their advisors Axos Clearing, a subsidiary of Axos Financial Inc. (NYSE:AX) 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. "Partnering with Envestnet to integrate their managed accou
Axos Financial, Inc. (NYSE:AX) ("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. Adjusted earnings and adjusted earnings per diluted common share ("Adjusted EPS"), non-GAAP measures described further below, increased $29.5 million to $114.1 million and increased $0.55 to $1.96, respectively, for the quarter ended September 30, 2024, com
Axos Financial, Inc. (NYSE:AX) ("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. Executive management will discuss the Company's first quarter fiscal 2025 results on the call. The Company plans to distribute its earnings results on Wednesday, October 30, 2024 after 4:00 PM ET (1:00 PM PT). Interested parties may access the live conference call by visiting Axos Financial's website at http://investors.axosfinancial.com and clicking on the webc
Axos Financial, Inc. (NYSE:AX) ("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. Adjusted earnings and adjusted earnings per diluted common share ("Adjusted EPS"), non-GAAP measures described further below, increased $17.3 million to $106.7 million and increased $0.33 to $1.83, respectively, for the quarter ended June 30, 2024, compared to $89.4 mil
4 - Axos Financial, Inc. (0001299709) (Issuer)
4 - Axos Financial, Inc. (0001299709) (Issuer)
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4 - Axos Financial, Inc. (0001299709) (Issuer)
4 - Axos Financial, Inc. (0001299709) (Issuer)
4 - Axos Financial, Inc. (0001299709) (Issuer)
4 - Axos Financial, Inc. (0001299709) (Issuer)
4 - Axos Financial, Inc. (0001299709) (Issuer)
4 - Axos Financial, Inc. (0001299709) (Issuer)
4 - Axos Financial, Inc. (0001299709) (Issuer)
Axos Financial, Inc. (NYSE:AX) ("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 q
Axos Financial, Inc. (NYSE:AX) ("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. Executive management will discuss the Company's second quarter fiscal 2025 results on the call. The Company plans to distribute its earnings results on Tuesday, January 28, 2025 after 4:00 PM ET (1:00 PM PT). Interested parties may access the live conference call by visiting Axos Financial's website at http://investors.axosfinancial.com and clicking on the
Axos Financial, Inc. (NYSE:AX) ("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. Adjusted earnings and adjusted earnings per diluted common share ("Adjusted EPS"), non-GAAP measures described further below, increased $29.5 million to $114.1 million and increased $0.55 to $1.96, respectively, for the quarter ended September 30, 2024, com
Axos Financial, Inc. (NYSE:AX) ("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. Executive management will discuss the Company's first quarter fiscal 2025 results on the call. The Company plans to distribute its earnings results on Wednesday, October 30, 2024 after 4:00 PM ET (1:00 PM PT). Interested parties may access the live conference call by visiting Axos Financial's website at http://investors.axosfinancial.com and clicking on the webc
Axos Financial, Inc. (NYSE:AX) ("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. Adjusted earnings and adjusted earnings per diluted common share ("Adjusted EPS"), non-GAAP measures described further below, increased $17.3 million to $106.7 million and increased $0.33 to $1.83, respectively, for the quarter ended June 30, 2024, compared to $89.4 mil
Axos Financial, Inc. (NYSE:AX) ("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. Executive management will discuss the Company's fourth quarter fiscal 2024 results on the call. The Company plans to distribute its earnings results on Tuesday, July 30, 2024 after 4:00 PM ET (1:00 PM PT). Interested parties may access the live conference call by visiting Axos Financial's website at http://investors.axosfinancial.com and clicking on the webcast link or
Axos Financial, Inc. (NYSE:AX) ("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. Adjusted earnings and adjusted earnings per diluted common share ("Adjusted EPS"), non-GAAP measures described further below, increased $30.8 million to $112.7 million and increased $0.59 to $1.94, respectively, for the quarter ended March 31, 2024, compared to $81.8 m
Axos Financial, Inc. (NYSE:AX) ("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. Greg Garrabrants, President and Chief Executive Officer, will be joined on the third quarter 2024 earnings call by Derrick Walsh, Executive Vice President and Chief Financial Officer. The Company plans to distribute its earnings results on Tuesday, April 30, 2024 after 4:00 PM ET (1:00 PM PT). Interested parties may access the live conference call by visiting Axos Fin
Axos Financial, Inc. (NYSE:AX) ("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. Adjusted earnings and adjusted earnings per diluted common share ("Adjusted EPS"), non-GAAP measures, which exclude non-cash amortization expenses, non-recurring items related to mergers and acquisitions, including certain gains and provisions resulting from the Comp
Axos Financial, Inc. (NYSE:AX) ("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. Greg Garrabrants, President and Chief Executive Officer, will be joined in the second quarter 2024 earnings call by Derrick Walsh, Executive Vice President and Chief Financial Officer. The Company plans to distribute its earnings results on Tuesday, January 30, 2024 after 4:00 PM ET (1:00 PM PT). Interested parties may access the live conference call by visiting
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Axos Financial, Inc. (NYSE:AX) ("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. "On Axos' behalf, I would like to extend a warm welcome to Sara," said Paul Grinberg, Chairman of the Board of Directors. "Sara's leadership and expertise from her experience at global leaders such as Visa and Wells Fargo will be highly additive as Axos prepares for its next decade of growth." Ms. Wardell-Smith is the former head of
Saidin brings over three decades of technology operations experience to Tassat Tassat Group Inc., the leading provider of real-time digital payments solutions for commercial banks and their corporate clients, today announced the appointment of Zain Saidin as Chief Operating Officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230214005566/en/Zain Saidin, Chief Operating Officer at Tassat Group, Inc. (Photo: Business Wire) Saidin is a technology operations veteran, bringing over 30 years of technology integration, and strategic business development to Tassat. Prior to joining Tassat, Saidin served as the Chief Engineer and an
Needham initiated coverage of Axos Financial with a rating of Buy and set a new price target of $82.00
Keefe Bruyette downgraded Axos Financial from Outperform to Mkt Perform and set a new price target of $79.00
Raymond James downgraded Axos Financial from Strong Buy to Outperform and set a new price target of $55.00
Keefe Bruyette upgraded Axos Financial from Mkt Perform to Outperform and set a new price target of $56.00 from $52.00 previously
Wedbush downgraded Axos Financial from Outperform to Neutral
B. Riley Securities upgraded Axos Financial from Neutral to Buy and set a new price target of $62.00
Raymond James reiterated coverage of Axos Financial with a rating of Strong Buy and set a new price target of $60.00 from $55.00 previously
B. Riley Securities downgraded Axos Financial from Buy to Neutral and set a new price target of $54.00
Raymond James reiterated coverage of Axos Financial with a rating of Strong Buy and set a new price target of $55.00 from $53.00 previously
Sidoti initiated coverage of Axos Financial with a rating of Buy and set a new price target of $58.00