Axos Financial Inc (N:AX)
Business Focus: Banks
| Sector: Financials | Industry: Banks |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 9205 W Russell Rd Ste 400 LAS VEGAS NV 89148-1468 |
| Tel: | N/A |
| Website: | https://investors.axosfinancial.com |
| IR: | See website |
| Key People | ||
| Gregory Garrabrants President, Chief Executive Officer, Director | David Park Executive Vice President - Commercial Banking and Treasury Management | Derrick K. Walsh Chief Financial Officer, Executive Vice President of the Company and the Bank |
| Andrew J. Micheletti Executive Vice President - Finance of the Company and the Bank | John Charles Tolla Executive Vice President, Chief Risk Officer of the Company and the Bank | Eshel Bar-Adon Executive Vice President - Strategic Partnerships and Chief Legal Officer |
| Brian D. Swanson Executive Vice President, Head - Consumer Bank of the Bank | Ron Pitters Chief Administrative Officer - Axos Clearing | Thomas M. Constantine Executive Vice President, Chief Credit Officer of the Bank | Raymond D. Matsumoto Executive Vice President, Chief Operating Officer of the Bank |
| Business Overview |
| Axos Financial Inc. is a financial holding company that operates through its subsidiary, Axos Bank (the Bank). The Bank provides consumer and commercial banking products through its digital online and mobile banking platforms, distribution channels and affinity partners. The Company's segments include Banking Business and Securities Business. Banking Business segment has a range of banking services, including online banking, concierge banking, and mortgage, vehicle, and unsecured lending through online and telephonic distribution channels. In addition, it focuses on providing deposit products nationwide to industry verticals, cash management products to a variety of businesses, and commercial & industrial and commercial real estate lending to clients. Securities Business segment includes the clearing broker-dealer, registered investment advisor custody business, registered investment advisor, and introducing broker-dealer lines of businesses. |
| Financial Overview |
| For the six months ended 31 December 2023, Axos Financial Inc interest income increased 51% to $758.6M. Net interest income after loan loss provision increased 14% to $419.3M. Net income increased 67% to $234.4M. Net interest income after loan loss provision reflects Banking Business segment increase of 13% to $415.4M, Net Interest Margin, Total -% increase of 2% to 4.46%. |
| Employees: | 1,455 as of Jun 30, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $1,519M as of Dec 31, 2023 |
| Annual revenue (TTM): | $1,412M as of Dec 31, 2023 |
| EBITDA (TTM): | $630.11M as of Dec 31, 2023 |
| Net annual income (TTM): | $401.62M as of Dec 31, 2023 |
| Free cash flow (TTM): | $124.71M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 56,898,609 as of Jan 23, 2024 |
| Index Membership: | S&P 600 Small Cap |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Insidertracking.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Insider information is based on filings made either on EDGAR®
or on the System for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission. Copyright © 2024 INK Research Corp. All rights reserved.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.