Axos Financial, Inc. (AX)

Accolade Income Statement

Financials in millions USD. Fiscal year is July - June.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Interest Income on Loans	1,678	1,522	1,068	647.14	604.88	599.33
Interest Income on Investments	148.1	133.63	89.61	12.59	12.99	23.51
Total Interest Income	1,826	1,656	1,157	659.73	617.86	622.84
Interest Paid on Deposits	698.36	670.57	339.48	33.62	60.53	126.92
Interest Paid on Borrowings	20.44	23.61	34.54	18.95	18.59	18.31
Total Interest Expense	718.81	694.18	374.02	52.57	79.12	145.23
Net Interest Income	1,108	961.43	783.12	607.16	538.74	477.61
Net Interest Income Growth (YoY)	22.38%	22.77%	28.98%	12.70%	12.80%	16.89%
Mortgage Banking Activities	3.34	10	7.1	19.2	42.64	20.65
Other Non-Interest Income	117.3	120.26	113.39	94.17	62.62	82.34
Total Non-Interest Income	120.64	130.26	120.49	113.36	105.26	102.99
Non-Interest Income Growth (YoY)	-8.68%	8.11%	6.29%	7.70%	2.21%	24.45%
Revenues Before Loan Losses	1,228	1,092	903.61	720.52	644	580.6
Provision for Loan Losses	46.75	32.5	24.25	23.75	23.75	42.2
Revenue	1,182	1,059	879.36	696.77	620.25	538.4
Revenue Growth (YoY)	17.72%	20.45%	26.21%	12.34%	15.20%	16.03%
Salaries and Employee Benefits	248.48	215.68	178.17	146.15	131.89	122.41
Occupancy Expenses	34.2	31.39	27.63	27.54	26.93	25.96
Federal Deposit Insurance	27.5	20.55	15.53	11.82	10.6	5.54
Selling, General & Administrative	252.78	230.23	196.84	145.14	133.94	113.65
Other Non-Interest Expense	16.62	18.26	13.43	15.18	11.15	8.21
Total Non-Interest Expense	579.58	516.11	431.62	345.84	314.51	275.77
EBT Excluding Unusual Items	601.99	543.08	447.74	350.93	305.74	262.63
Other Unusual Items	-	92.4	-16	-10.98	-	-
Pretax Income	601.99	635.48	431.74	339.96	305.74	262.63
Income Tax Expense	174.88	185.47	124.58	99.24	90.04	79.19
Net Income	427.11	450.01	307.17	240.72	215.71	183.44
Preferred Dividends & Other Adjustments	-	-	-	-	0.19	0.31
Net Income to Common	427.11	450.01	307.17	240.72	215.52	183.13
Net Income Growth	-1.25%	46.50%	27.61%	11.59%	17.59%	18.25%
Basic Shares Outstanding	57	58	60	60	59	61
Diluted Shares Outstanding	58	59	61	61	61	61
Shares Change (YoY)	-1.58%	-3.04%	-0.07%	0.15%	-1.49%	-1.51%
EPS (Basic)	7.49	7.82	5.15	4.04	3.64	3.01
EPS (Diluted)	7.33	7.66	5.07	3.97	3.56	2.98
EPS Growth	0.29%	51.09%	27.71%	11.52%	19.46%	20.16%
Effective Tax Rate	29.05%	29.19%	28.85%	29.19%	29.45%	30.15%

Updated Jul 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q