Axos Financial, Inc. (AX)

Axos Financial Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Interest Income on Loans	1,680	1,522	1,068	647.14	604.88
Interest Income on Investments	135.19	133.63	89.61	12.59	12.99
Total Interest Income	1,815	1,656	1,157	659.73	617.86
Interest Paid on Deposits	667.75	670.57	339.48	33.62	60.53
Interest Paid on Borrowings	19.94	23.61	34.54	18.95	18.59
Total Interest Expense	687.69	694.18	374.02	52.57	79.12
Net Interest Income	1,128	961.43	783.12	607.16	538.74
Net Interest Income Growth (YoY)	17.30%	22.77%	28.98%	12.70%	12.80%
Mortgage Banking Activities	13.01	10	7.1	19.2	42.64
Other Non-Interest Income	118.06	120.26	113.39	94.17	62.62
Total Non-Interest Income	131.07	130.26	120.49	113.36	105.26
Non-Interest Income Growth (YoY)	0.62%	8.11%	6.29%	7.70%	2.21%
Revenues Before Loan Losses	1,259	1,092	903.61	720.52	644
Provision for Loan Losses	55.75	32.5	24.25	23.75	23.75
Revenue	1,203	1,059	879.36	696.77	620.25
Revenue Growth (YoY)	13.59%	20.45%	26.21%	12.34%	15.20%
Salaries and Employee Benefits	255.98	215.68	178.17	146.15	131.89
Occupancy Expenses	35.42	31.39	27.63	27.54	26.93
Federal Deposit Insurance	27.56	20.55	15.53	11.82	10.6
Selling, General & Administrative	253.67	230.23	212.84	145.14	133.94
Other Non-Interest Expense	17.07	18.26	13.43	15.18	11.15
Total Non-Interest Expense	589.7	516.11	447.62	345.84	314.51
EBT Excluding Unusual Items	613.4	543.08	431.74	350.93	305.74
Other Unusual Items	-	92.4	-	-10.98	-
Pretax Income	613.4	635.48	431.74	339.96	305.74
Income Tax Expense	180.49	185.47	124.58	99.24	90.04
Net Income	432.91	450.01	307.17	240.72	215.71
Preferred Dividends & Other Adjustments	-	-	-	-	0.19
Net Income to Common	432.91	450.01	307.17	240.72	215.52
Net Income Growth	-3.80%	46.50%	27.61%	11.59%	17.59%
Basic Shares Outstanding	57	58	60	60	59
Diluted Shares Outstanding	58	59	61	61	61
Shares Change (YoY)	-0.83%	-3.04%	-0.07%	0.15%	-1.49%
EPS (Basic)	7.61	7.82	5.15	4.04	3.64
EPS (Diluted)	7.43	7.66	5.07	3.97	3.56
EPS Growth	-3.00%	51.09%	27.71%	11.52%	19.46%
Effective Tax Rate	29.42%	29.19%	28.85%	29.19%	29.45%

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

SEC Filings: 10-K · 10-Q