Axos Financial, Inc. (AX)
| Market Cap | 2.86B |
| Revenue (ttm) | 1.03B |
| Net Income (ttm) | 401.62M |
| Shares Out | 56.90M |
| EPS (ttm) | 6.76 |
| PE Ratio | 7.44 |
| Forward PE | 6.96 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 623,821 |
| Open | 48.96 |
| Previous Close | 49.21 |
| Day's Range | 48.91 - 50.55 |
| 52-Week Range | 32.05 - 60.00 |
| Beta | 1.43 |
| Analysts | Buy |
| Price Target | 62.00 (+23.26%) |
| Earnings Date | Apr 30, 2024 |
About AX
Axos Financial, Inc., together with its subsidiaries, provides consumer and business banking products in the United States. It operates through two segments, Banking Business and Securities Business. 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 residential single family, multifamily, and commercial mortgage loans; commercial real estate secured loans; commercial and industrial non-real estate, asset-bac... [Read more]
Financial Performance
In 2023, Axos Financial's revenue was $878.86 million, an increase of 25.19% compared to the previous year's $702.02 million. Earnings were $307.17 million, an increase of 27.60%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for AX stock is "Buy." The 12-month stock price forecast is $62.0, which is an increase of 23.26% from the latest price.
News
Axos Bank Named to the 2024 Forbes America's Best Banks
SAN DIEGO--(BUSINESS WIRE)--Axos Bank, the nationwide bank subsidiary of Axos Financial, Inc. (NYSE: AX), was named to the 2024 Forbes America's Best Banks list. Forbes considered the 200 largest publ...
Axos Financial, Inc. to Announce Third Quarter Fiscal 2024 Results on April 30, 2024
LAS VEGAS--(BUSINESS WIRE)--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 conf...
Regional bank stocks dragged down by NYCB, led by banks with exposure to New York City real estate
Regional bank stocks were lower across the board early Friday, dragged down by the latest bad news from New York Community Bancorp Inc. that included the disclosure of ”material weaknesses” in its acc...
Axos Financial, Inc. Announces New $100 Million Stock Repurchase Program
LAS VEGAS--(BUSINESS WIRE)--Axos Financial, Inc. (NYSE: AX) (“Axos” or the “Company”) today announced that its Board of Directors authorized a program to repurchase up to $100 million of its common st...
Axos Bank Listed Among the Best Business Checking Accounts by Forbes Advisor
SAN DIEGO--(BUSINESS WIRE)--Axos Bank, the nationwide bank subsidiary of Axos Financial, Inc. (NYSE: AX), was named in Forbes Advisor's “Best Business Checking Accounts of February 2024.” Axos ranked ...
Update in Lawsuit for Investors who purchased shares of, Axos Financial, Inc, f.k.a. BofI Holding, Inc (NYSE: AX, formerly NASDAQ: BOFI) announced by the Shareholders Foundation
SAN DIEGO , Feb. 6, 2024 /PRNewswire/ -- The Shareholders Foundation, Inc. announced an update in the lawsuit that is pending for certain investors in Axos Financial, Inc. (NYSE: AX), formerly BofI H...
Axos Financial, Inc. Reports Record Second Quarter Fiscal 2024 Results
LAS VEGAS--(BUSINESS WIRE)--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 ...
Axos Bank Named A Top Bank In Checking Accounts by GOBankingRates.com
SAN DIEGO--(BUSINESS WIRE)--Axos Financial, Inc. (NYSE: AX), parent of Axos Bank, announced today that leading personal finance website GOBankingRates.com named Axos Bank as a Top Bank in America for ...
Axos Financial, Inc. to Announce Second Quarter Fiscal 2024 Results on January 30, 2024
LAS VEGAS--(BUSINESS WIRE)--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 conf...
KBW Announces Index Rebalancing for Fourth-Quarter 2023
NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...
Axos Closes Purchase of Two Loan Portfolios from the FDIC
LAS VEGAS--(BUSINESS WIRE)--Axos Financial, Inc. (NYSE: AX) (“Axos” or the “Company”) announces that its wholly-owned subsidiary Axos Bank has completed the acquisition of two performing commercial re...
Axos Announces the Election of Sara Wardell-Smith as an Independent Member of the Board of Directors
LAS VEGAS--(BUSINESS WIRE)--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 a...
Axos Financial, Inc. Reports First Quarter Fiscal 2024 Results
LAS VEGAS--(BUSINESS WIRE)--Axos Financial, Inc. (NYSE: AX) (“Axos” or the “Company”) today announced unaudited financial results for the first fiscal quarter ended September 30, 2023. Net income was ...
Axos Bank Awarded Best Mobile Banking by GOBankingRates.com
SAN DIEGO--(BUSINESS WIRE)--Axos Financial, Inc. (NYSE: AX), parent of Axos Bank, announced today that leading personal finance website GOBankingRates.com named Axos Bank “Best for Mobile Banking” in ...
Axos Financial, Inc. to Announce First Quarter Fiscal 2024 Results on October 26, 2023
LAS VEGAS--(BUSINESS WIRE)--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 conf...
Regional banks facing credit losses for commercial real estate: Moody's study
A survey of commercial real estate exposure by U.S. regional banks reveals increasing asset risk and potential credit losses as loans mature over the next 18 months, Moody's Investors Service said.
Axos Financial, Inc. Announces 52% Growth in Diluted EPS to $1.46
LAS VEGAS--(BUSINESS WIRE)--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 fisca...
Axos Financial, Inc. to Announce Fiscal Fourth Quarter 2023 Results on July 27, 2023
LAS VEGAS--(BUSINESS WIRE)--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 27, 2023 at 5:00 PM ET...
Axos Financial, Inc. Reports Fiscal Third Quarter 2023 Results
LAS VEGAS--(BUSINESS WIRE)--Axos Financial, Inc. (NYSE: AX) (“Axos”) today announced unaudited financial results for the fiscal third quarter ended March 31, 2023. Net income was $79.9 million, an inc...
Axos Financial, Inc. to Announce Fiscal Third Quarter 2023 Results on April 27, 2023
LAS VEGAS--(BUSINESS WIRE)--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 27, 2023 at 5:00 PM E...
Axos Financial, Inc. Provides Mid-Quarter Update
LAS VEGAS--(BUSINESS WIRE)--Axos Financial, Inc. (NYSE: AX) (“Axos” or the “Company”), parent of Axos Bank, provided a mid-quarter business update for the third quarter ending March 31, 2023. Through ...
Axos Financial, Inc. Reports Record Fiscal Second Quarter 2023 Results
LAS VEGAS--(BUSINESS WIRE)--Axos Financial, Inc. (NYSE: AX) (“Axos”), today announced unaudited financial results for the fiscal second quarter ended December 31, 2022. Net income was $81.6 million,...
Axos Financial, Inc. to Announce Second Quarter Fiscal 2023 Results on January 26, 2023
LAS VEGAS--(BUSINESS WIRE)--Axos Financial, Inc. (NYSE: AX) (“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 ...