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 |