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AXAxos Financial, Inc.
$88.07$5.0B
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AX logoAxos Financial, Inc.(AX)Earnings, Financials & Key Ratios

AX•NYSE•Banking & Credit
11.9× P/E·Price updated Jun 19, 2026
SectorFinancial ServicesIndustryRegional BanksSub-IndustryDigital banks and banking-as-a-service
AboutAxos Financial, Inc., together with its subsidiaries, provides consumer and business banking products in the United States. It operates through Banking Business and Securities Business segments. The company offers deposits products, including consumer and business checking, demand, savings, time deposit, money market, zero balance, and insured cash sweep accounts. It also provides single family, multifamily, and commercial mortgage loans; commercial real estate secured loans; commercial and industrial non-real estate, asset-backed, lines of credit, and term loans; automobile loans; fixed rate term unsecured loans; and other loans, such as structure settlements, small business administration consumer loans, and securities-backed loans. In addition, the company offers ACH origination, wire transfer, commercial check printing, business bill pay and account transfer; remote deposit capture, mobile deposit, lockbox, merchant, and online payment portal; concierge banking; mobile and text messaging banking; and payment services, as well as debit and credit cards, and digital wallets. Further, it provides disclosed clearing services; back-office services, such as record keeping, trade reporting, accounting, general back-office support, securities and margin lending, reorganization assistance, and custody of securities; and financing to brokerage customers. The company was formerly known as BofI Holding, Inc. and changed its name to Axos Financial, Inc. in September 2018. Axos Financial, Inc. was incorporated in 1999 and is based in Las Vegas, Nevada.Show more
  • Net Interest Income$1.13B+17.3%
  • Total Revenue$1.93B+9.2%
  • Net Income$433M-3.8%
  • Return on Equity17.42%-18.6%
  • Net Interest Margin4.55%+8.2%
  • Efficiency Ratio29.68%+29.4%
  • ROA1.82%-12.8%
  • Equity / Assets10.82%+7.9%
  • Book Value per Share46.03+18.0%

AX Key Insights

Axos Financial, Inc. (AX) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Strong 5Y profit CAGR of 18.7%
  • ✓Strong Piotroski F-Score: 7/9
  • ✓Strong NIM of 4.6%
  • ✓Efficient operations: 29.7% efficiency ratio
  • ✓Well capitalized: 10.8% equity/assets
  • ✓Good 3Y average ROE of 18.7%

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

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AX Price & Volume

Axos Financial, Inc. (AX) stock price & volume — 10-year historical chart

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AX Growth Metrics

Axos Financial, Inc. (AX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years21.51%
5 Years21.87%
3 Years36.54%
TTM-

Profit CAGR

10 Years18%
5 Years18.74%
3 Years21.61%
TTM11.47%

EPS CAGR

10 Years18.68%
5 Years20.05%
3 Years23.23%
TTM-55.18%

Return on Capital

10 Years14.82%
5 Years15.7%
3 Years18.17%
Last Year18.13%

AX Recent Earnings

Axos Financial, Inc. (AX) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
Apr 30, 2026
Metric
Actual
Est
EPS
$1.90-10.8%
$2.13
Rev
$392M+5.3%
$373M
Q1 2026
Jan 29, 2026
Metric
Actual
Est
EPS
$2.25+8.7%
$2.07
Rev
$385M+10.9%
$347M
Q4 2025
Oct 30, 2025
Metric
Actual
Est
EPS
$2.07+11.3%
$1.86
Rev
$319M-4.9%
$336M
Q3 2025
Jul 30, 2025
Metric
Actual
Est
EPS
$1.94+6.6%
$1.82
Rev
$317M-1.1%
$321M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 30, 2026
$1.90vs $2.13-10.8%
$392Mvs $373M+5.3%
Q1 2026Jan 29, 2026
$2.25vs $2.07+8.7%
$385Mvs $347M+10.9%
Q4 2025Oct 30, 2025
$2.07vs $1.86+11.3%
$319Mvs $336M-4.9%
Q3 2025Jul 30, 2025
$1.94vs $1.82+6.6%
$317Mvs $321M-1.1%
Based on last 12 quarters of dataView full earnings history →

AX Peer Comparison

Axos Financial, Inc. (AX) competitors in Digital banks and banking-as-a-service — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
Institutional Holdings
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
WAL logoWALWestern Alliance BancorporationDirect Competitor8.77B79.819.145.17%18.3%12.81%0.82
CUBI logoCUBICustomers Bancorp, Inc.Direct Competitor2.55B75.7912.223.94%15.84%11.25%0.81
BANR logoBANRBanner CorporationDirect Competitor2.2B64.8311.49-0.95%23.84%10.34%0.19
ALLY logoALLYAlly Financial Inc.Product Competitor14.3B45.4919.19-25.75%5.61%5.74%1.40
SLM logoSLMSLM CorporationProduct Competitor4.56B23.036.664.1%33.13%31.01%2.39
NAVI logoNAVINavient CorporationProduct Competitor760.37M8.09-9.99-23.74%-1.96%-2.45%19.05
LDI logoLDIloanDepot, Inc.Product Competitor391.98M1.17-3.9037.59%-5.42%-19.61%13.05
PFSI logoPFSIPennyMac Financial Services, Inc.Product Competitor4.3B82.388.86173.81%14.31%12.02%5.35

Compare AX vs Peers

Axos Financial, Inc. (AX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs WAL

Most directly comparable listed peer for AX.

Scale Benchmark

vs FISV

Larger-name benchmark to compare AX against a more recognizable public peer.

Peer Set

Compare Top 5

vs WAL, CUBI, BANR, ALLY

AX Income Statement

Axos Financial, Inc. (AX) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
MetricJun'17Jun'18Jun'19Jun'20Jun'21Jun'22Jun'23Jun'24Jun'25TTM
Net Interest Income
313.23M368.49M408.61M477.61M538.74M607.16M783.12M961.43M1.13B902.92M
NII Growth %
20.01%17.64%10.89%16.89%12.8%12.7%28.98%22.77%17.3%-74.19%
Net Interest Margin %
3.68%3.86%3.64%3.45%3.78%3.48%3.85%4.21%4.55%3.09%
Interest Income
387.29M475.07M564.89M622.84M617.86M659.73M1.16B1.66B1.82B442.41M
Interest Expense
74.06M106.58M156.28M145.23M79.12M52.57M374.02M694.18M687.69M691.05M
Loan Loss Provision
11.06M25.8M27.35M42.2M23.75M23.75M24.25M32.5M55.74M284.35M
Non-Interest Income
68.13M70.94M79.94M94.78M94.11M98.18M107.06M112M114M37M
Non-Interest Income %
14.96%12.99%12.4%13.21%13.22%12.95%8.47%6.34%5.91%7.72%
Total Revenue
455.42M▲ 0%
546.01M▲ 19.9%
644.82M▲ 18.1%
717.62M▲ 11.3%
711.97M▼ 0.8%
757.91M▲ 6.5%
1.26B▲ 66.8%
1.77B▲ 39.8%
1.93B▲ 9.2%
479.42M▲ 0%
Revenue Growth %
18.58%19.89%18.1%11.29%-0.79%6.45%66.8%39.82%9.16%-314.51%
Non-Interest Expense
137.6M173.94M248.38M267.56M303.36M341.63M434.18M405.45M572.63M703.17M
Efficiency Ratio
30.22%31.86%38.52%37.28%42.61%45.08%34.34%22.94%29.68%146.67%
Operating Income
232.69M▲ 0%
239.7M▲ 3.0%
212.81M▼ 11.2%
262.63M▲ 23.4%
305.74M▲ 16.4%
339.96M▲ 11.2%
431.74M▲ 27.0%
635.48M▲ 47.2%
613.39M▼ 3.5%
155.8M▲ 0%
Operating Margin %
51.09%43.9%33%36.6%42.94%44.85%34.15%35.95%31.79%32.5%
Operating Income Growth %
13.57%3.01%-11.22%23.41%16.41%11.19%27%47.19%-3.48%-
Pretax Income
232.69M▲ 0%
239.7M▲ 3.0%
212.81M▼ 11.2%
262.63M▲ 23.4%
305.74M▲ 16.4%
339.96M▲ 11.2%
431.74M▲ 27.0%
635.48M▲ 47.2%
613.39M▼ 3.5%
646.5M▲ 0%
Pretax Margin %
51.09%43.9%33%36.6%42.94%44.85%34.15%35.95%31.79%134.85%
Income Tax
97.95M87.29M57.67M79.19M90.04M99.24M124.58M185.47M180.49M170.39M
Effective Tax Rate %
42.1%36.42%27.1%30.15%29.45%29.19%28.85%29.19%29.42%26.36%
Net Income
134.74M▲ 0%
152.41M▲ 13.1%
155.13M▲ 1.8%
183.44M▲ 18.2%
215.71M▲ 17.6%
240.72M▲ 11.6%
307.17M▲ 27.6%
450.01M▲ 46.5%
432.91M▼ 3.8%
476.1M▲ 0%
Net Margin %
29.59%27.91%24.06%25.56%30.3%31.76%24.3%25.46%22.44%99.31%
Net Income Growth %
12.95%13.11%1.78%18.25%17.59%11.59%27.6%46.5%-3.8%11.47%
Net Income (Continuing)
134.74M152.41M155.13M183.44M215.71M240.72M307.17M450.01M432.91M351.42M
EPS (Diluted)
2.07▲ 0%
2.38▲ 15.0%
2.49▲ 4.6%
2.98▲ 19.7%
3.56▲ 19.5%
3.97▲ 11.5%
5.07▲ 27.7%
7.66▲ 51.1%
7.43▼ 3.0%
8.24▲ 0%
EPS Growth %
11.89%14.98%4.62%19.68%19.46%11.52%27.71%51.08%-3%-55.18%
EPS (Basic)
2.072.362.513.013.644.045.157.827.61-
Diluted Shares Outstanding
64.94M64.15M62.38M61.44M60.52M60.61M60.57M58.73M58.24M57.77M

AX Balance Sheet

Axos Financial, Inc. (AX) balance sheet — assets, liabilities & shareholders' equity

MetricJun'17Jun'18Jun'19Jun'20Jun'21Jun'22Jun'23Jun'24Jun'25TTM
Cash & Short Term Investments
892.64M803.05M738.64M1.94B902.96M1.47B2.47B2.12B2B6.49B
Cash & Due from Banks
628.17M622.75M511.13M1.76B715.62M1.2B2.23B1.98B1.93B1.17B
Short Term Investments
264.47M180.31M227.51M187.63M187.34M262.52M233.11M141.16M66.06M801.44M
Total Investments
7.66B8.65B9.65B10.92B11.64B14.37B16.71B19.39B21.13B801.44M
Investments Growth %
11.5%12.86%11.53%13.14%6.68%23.4%16.31%16.01%8.96%-46.07%
Long-Term Investments
7.4B8.47B9.42B10.73B11.46B14.11B16.48B19.25B21.06B68B
Accounts Receivables
20.78M0188.38M211.39M326.18M309.22M309.31M220.24M234.88M0
Goodwill & Intangibles
7.2M78.54M144.68M136.06M133.88M181.62M177.59M170.69M161.72M211.05M
Goodwill
035.72M71.22M71.22M71.22M95.67M97.67M97.67M97.67M211.05M
Intangible Assets
7.2M42.82M73.45M64.84M62.66M85.94M79.92M73.02M64.05M0
PP&E (Net)
16.66M21.45M000105.41M0000
Other Assets
130.16M148.45M713.55M823.56M1.4B1.02B781.15M1.03B1.19B0
Total Current Assets
913.42M803.05M941.83M2.16B1.27B1.88B2.91B2.41B2.37B801.44M
Total Non-Current Assets
7.59B8.74B10.28B11.69B12.99B15.52B17.44B20.45B22.41B211.05M
Total Assets
8.5B▲ 0%
9.54B▲ 12.2%
11.22B▲ 17.6%
13.85B▲ 23.5%
14.27B▲ 3.0%
17.46B▲ 22.4%
20.35B▲ 16.6%
22.86B▲ 12.3%
24.78B▲ 8.4%
29.25B▲ 0%
Asset Growth %
11.84%12.21%17.62%23.45%2.99%22.36%16.57%12.32%8.43%65.74%
Return on Assets (ROA)
1.67%1.69%1.49%1.46%1.53%1.52%1.63%2.08%1.82%1.74%
Accounts Payable
1.28M0238.6M347.61M535.42M511.65M445.48M301.13M350.61M0
Total Debt
714.46M511.55M627.43M478.29M574.86M562.74M451.78M415.68M372.67M0
Net Debt
86.29M-111.2M116.3M-1.28B-140.77M-639.84M-1.78B-1.56B-1.56B-1.17B
Long-Term Debt
694.46M511.55M627.43M326.34M574.86M535.24M451.78M385.68M372.67M0
Short-Term Debt
20M00151.95M027.5M030M00
Other Liabilities
52.18M82.09M297.98M458.46M938.55M737.37M410.95M488.71M549.58M26.18B
Total Current Liabilities
6.92B7.99B9.22B11.84B11.35B14.49B17.57B19.69B21.18B0
Total Non-Current Liabilities
746.64M593.64M925.41M784.79M1.51B1.27B862.73M874.39M922.25M26.18B
Total Liabilities
7.67B8.58B10.15B12.62B12.86B15.81B18.43B20.56B22.1B26.18B
Total Equity
834.25M▲ 0%
960.51M▲ 15.1%
1.07B▲ 11.7%
1.23B▲ 14.7%
1.4B▲ 13.8%
1.64B▲ 17.3%
1.92B▲ 16.7%
2.29B▲ 19.5%
2.68B▲ 17.0%
3.07B▲ 0%
Equity Growth %
22.04%15.14%11.72%14.71%13.82%17.28%16.69%19.48%17.03%67.03%
Equity / Assets (Capital Ratio)
9.81%10.07%9.56%8.89%9.82%9.41%9.42%10.02%10.82%10.48%
Return on Equity (ROE)
17.75%16.98%15.26%15.92%16.39%15.82%17.26%21.39%17.42%16.6%
Book Value per Share
12.8514.9717.2020.0323.1527.1131.6539.0046.0353.05
Tangible BV per Share
12.7313.7514.8817.8220.9424.1128.7236.1043.2549.40
Common Stock
651K658K666K673K681K689K695K702K711K717K
Additional Paid-in Capital
346.12M366.51M389.94M411.87M432.55M453.78M479.88M510.23M548.89M0
Retained Earnings
519.25M671.35M826.17M1.01B1.19B1.43B1.74B2.19B2.62B2.98B
Accumulated OCI
487K-613K16K-937K2.51M-2.93M-6.61M-2.47M348K4.46M
Treasury Stock
-37.32M-82.46M-148.81M-195.13M-222.53M-237.01M-292.41M-403.49M-487.8M0
Preferred Stock
5.06M5.06M5.06M5.06M000000

AX Cash Flow Statement

Axos Financial, Inc. (AX) cash flow — operating, investing & free cash flow history

MetricJun'17Jun'18Jun'19Jun'20Jun'21Jun'22Jun'23Jun'24Jun'25TTM
Cash from Operations
198.5M167.91M204.42M284.12M412.58M216.62M196.71M305.48M490.33M447.92M
Operating CF Growth %
18.93%-15.41%21.74%38.99%45.21%-47.5%-9.19%55.3%60.51%307.34%
Net Income
134.74M152.41M155.13M183.44M215.71M240.72M307.17M450.01M432.91M476.1M
Depreciation & Amortization
6.09M8.57M16.47M34.99M30.44M24.6M23.39M27.09M29.02M61.5M
Deferred Taxes
-2.22M17.03M-8.69M-6.55M-8.83M-9.4M-19.59M33.13M-27.96M48.56M
Other Non-Cash Items
39.95M-11.55M13.93M-2.47M48.07M42.49M4.75M-117.51M-64.99M-27.39M
Working Capital Changes
5.4M-18.95M4.13M52.78M106.51M-103.02M-145.11M-122.44M79.38M-154.71M
Cash from Investing
-788.73M-1.03B-931.74M-1.35B-866.77M-2.78B-2.4B-2.59B-1.84B-4.85B
Purchase of Investments
-249.91M-100.5M-146.89M-304.93M-122.34M-150.17M-41.7M-22.01M-41.68M-778.94M
Sale/Maturity of Investments
468.5M192.05M109.64M325.7M74.67M131.87M57.99M106.25M100.32M31.25M
Net Investment Activity
218.59M91.55M-37.24M20.77M-47.67M-18.3M16.29M84.24M58.64M-747.69M
Acquisitions
0-70M67.34M00-54.6M-5.53M00-474.45M
Other Investing
-998.57M-1.04B-941.76M-1.36B-808.66M-2.69B-2.38B-2.64B-1.85B-3.43B
Cash from Financing
747.05M837.4M961.84M2.16B-458.56M3.1B3.01B2.09B1.34B3.93B
Dividends Paid
-309K-309K-232K-386K-103K00000
Share Repurchases
-6.53M-35.18M-56.44M-38.86M-21.91M-14.48M-48.96M-96.29M-58.2M-40.75M
Stock Issued
0000000000
Net Stock Activity
-6.53M-35.18M-56.44M-38.86M-21.91M-14.48M-48.96M-96.29M-58.2M-40.75M
Debt Issuance (Net)
-1000K-1000K1000K-1000K1000K-1000K-1000K-1000K-1000K0
Other Financing
855.89M1.08B987.91M2.35B-534.29M3.13B3.17B2.22B1.44B3.22B
Net Change in Cash
156.81M▲ 0%
-20.69M▼ 113.2%
234.52M▲ 1233.4%
1.09B▲ 366.1%
-912.74M▼ 183.5%
536.92M▲ 158.8%
807.39M▲ 50.4%
-196.31M▼ 124.3%
-9.42M▲ 95.2%
-469.14M▲ 0%
Exchange Rate Effect
0000000000
Cash at Beginning
486.73M643.54M622.85M857.37M1.95B1.04B1.57B2.38B2.19B1.34B
Cash at End
643.54M622.85M857.37M1.95B1.04B1.57B2.38B2.19B2.18B1.79B
Interest Paid
74.44M106.11M152.76M145.45M78M50.27M368.31M698.96M687.24M517.71M
Income Taxes Paid
102.48M79.63M64.12M80.43M92.51M99.7M131.37M200.81M153.69M105.41M
Free Cash Flow
189.74M▲ 0%
156.1M▼ 17.7%
184.34M▲ 18.1%
271.79M▲ 47.4%
402.14M▲ 48.0%
195.12M▼ 51.5%
166.49M▼ 14.7%
269.52M▲ 61.9%
436.12M▲ 61.8%
426.13M▲ 0%
FCF Growth %
21.11%-17.73%18.09%47.44%47.96%-51.48%-14.67%61.88%61.82%38.43%

AX Banking Ratios

Axos Financial, Inc. (AX) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric201720182019202020212022202320242025TTM
Return on Equity (ROE)
17.75%16.98%15.26%15.92%16.39%15.82%17.26%21.39%17.42%16.6%
Return on Assets (ROA)
1.67%1.69%1.49%1.46%1.53%1.52%1.63%2.08%1.82%1.74%
Net Interest Margin
3.68%3.86%3.64%3.45%3.78%3.48%3.85%4.21%4.55%3.09%
Efficiency Ratio
30.22%31.86%38.52%37.28%42.61%45.08%34.34%22.94%29.68%146.67%
Equity / Assets
9.81%10.07%9.56%8.89%9.82%9.41%9.42%10.02%10.82%10.48%
Book Value / Share
12.8514.9717.220.0323.1527.1131.653946.0353.05
NII Growth
20.01%17.64%10.89%16.89%12.8%12.7%28.98%22.77%17.3%-18.48%
Dividend Payout
---------0%
Related:AX Dividend History·AX Revenue History·AX Price History·AX P/E History·AX Financial Ratios·AX Institutional Holders

AX SEC Filings & Documents

Axos Financial, Inc. (AX) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 30, 2026·SEC

Material company update

Apr 23, 2026·SEC

Material company update

Mar 23, 2026·SEC

10-K Annual Reports

1
FY 2025

Aug 21, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

Apr 30, 2026·SEC

FY 2026

Jan 29, 2026·SEC

FY 2025

Oct 30, 2025·SEC

AX Frequently Asked Questions

Axos Financial, Inc. (AX) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Axos Financial, Inc. (AX) grew revenue by 9.2% over the past year. This is steady growth.

Yes, Axos Financial, Inc. (AX) is profitable, generating $476.1M in net income for fiscal year 2025 (22.4% net margin).

Dividend & Returns

Axos Financial, Inc. (AX) has a return on equity (ROE) of 17.4%. This is reasonable for most industries.

Industry Metrics

Axos Financial, Inc. (AX) has a net interest margin (NIM) of 4.6%. This indicates healthy earnings from lending activities.

Axos Financial, Inc. (AX) has an efficiency ratio of 29.7%. This is excellent, indicating strong cost control.

What if you invested $1,000 in AX back in 2003?

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How much would $100/month in AX be worth today?

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