Axos Financial, Inc. (AX)

Axos Financial 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	Sep 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Interest Income on Loans	1,635	1,522	1,068	647.14	604.88	599.33
Interest Income on Investments	141.41	133.63	89.61	12.59	12.99	23.51
Total Interest Income	1,776	1,656	1,157	659.73	617.86	622.84
Interest Paid on Deposits	711.73	670.57	339.48	33.62	60.53	126.92
Interest Paid on Borrowings	21.87	23.61	34.54	18.95	18.59	18.31
Total Interest Expense	733.6	694.18	374.02	52.57	79.12	145.23
Net Interest Income	1,042	961.43	783.12	607.16	538.74	477.61
Net Interest Income Growth (YoY)	28.08%	22.77%	28.98%	12.70%	12.80%	16.89%
Mortgage Banking Activities	6.57	10	7.1	19.2	42.64	20.65
Other Non-Interest Income	117.79	120.26	113.39	94.17	62.62	82.34
Total Non-Interest Income	124.37	130.26	120.49	113.36	105.26	102.99
Non-Interest Income Growth (YoY)	-2.68%	8.11%	6.29%	7.70%	2.21%	24.45%
Revenues Before Loan Losses	1,167	1,092	903.61	720.52	644	580.6
Provision for Loan Losses	39.5	32.5	24.25	23.75	23.75	42.2
Revenue	1,127	1,059	879.36	696.77	620.25	538.4
Revenue Growth (YoY)	22.64%	20.45%	26.20%	12.34%	15.20%	16.03%
Salaries and Employee Benefits	230.72	215.68	178.17	146.15	131.89	122.41
Occupancy Expenses	33.43	31.39	27.63	27.54	26.93	25.96
Federal Deposit Insurance	22.05	20.55	15.53	11.82	10.6	5.54
Selling, General & Administrative	238.3	230.23	196.84	145.14	133.94	113.65
Other Non-Interest Expense	18.56	18.26	13.43	15.18	11.15	8.21
Total Non-Interest Expense	543.07	516.11	431.62	345.84	314.51	275.77
EBT Excluding Unusual Items	584.12	543.08	447.74	350.93	305.74	262.63
Other Unusual Items	92.4	92.4	-16	-10.98	-	-
Pretax Income	676.52	635.48	431.74	339.96	305.74	262.63
Income Tax Expense	196.81	185.47	124.58	99.24	90.04	79.19
Net Income	479.7	450.01	307.17	240.72	215.71	183.44
Preferred Dividends & Other Adjustments	-	-	-	-	0.19	0.31
Net Income to Common	479.7	450.01	307.17	240.72	215.52	183.13
Net Income Growth	44.75%	46.50%	27.60%	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)	-3.45%	-3.04%	-0.07%	0.15%	-1.49%	-1.51%
EPS (Basic)	8.42	7.82	5.15	4.04	3.64	3.01
EPS (Diluted)	8.22	7.66	5.07	3.97	3.56	2.98
EPS Growth	50.08%	51.08%	27.71%	11.52%	19.46%	20.16%
Effective Tax Rate	29.09%	29.19%	28.85%	29.19%	29.45%	30.15%

Source: S&P Capital IQ. Banks template. Financial Sources.