Core Viewpoint - Axos Financial reported a revenue of $308.84 million for the quarter ended March 2025, marking a year-over-year increase of 4.8% and exceeding the Zacks Consensus Estimate by 0.72% [1] Financial Performance - Earnings per share (EPS) for the quarter was $1.81, down from $1.94 a year ago, with an EPS surprise of 4.02% compared to the consensus estimate of $1.74 [1] - The efficiency ratio was reported at 47.4%, better than the three-analyst average estimate of 47.9% [4] - Net Interest Margin remained stable at 4.8%, matching the average estimate [4] - Total non-performing assets were $188.86 million, significantly lower than the two-analyst average estimate of $244.19 million [4] - Total nonaccrual loans stood at $185.06 million, also below the two-analyst average estimate of $240.12 million [4] - Average balance of total interest-earning assets was $23.04 billion, slightly below the $23.30 billion average estimate [4] - Net annualized charge-offs to average loans were 0.1%, better than the 0.2% average estimate [4] - Net Interest Income was reported at $275.46 million, lower than the $277.97 million average estimate [4] - Total Non-Interest Income reached $33.37 million, exceeding the three-analyst average estimate of $30.07 million [4] - Income from mortgage banking and servicing rights was $1.50 million, above the two-analyst average estimate of $1.25 million [4] Stock Performance - Over the past month, shares of Axos Financial have returned -0.7%, compared to a -0.2% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Axos Financial (AX) came out with quarterly earnings of $1.81 per share, beating the Zacks Consensus Estimate of $1.74 per share. This compares to earnings of $1.94 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.02%. A quarter ago, it was expected that this bank holding company would post earnings of $1.76 per share when it actually produced earnings of $1.82, delivering a surprise of 3.41%.Over the last four quarters, the ...

Financial Data and Key Metrics Changes - The company generated over $700 million in net loan growth linked quarter, with a 19% year-over-year increase in book value per share [4][8] - Net interest income was $275 million for the quarter, up 5.3% from $262 million in the prior year period [5] - Net income was approximately $105.2 million for the quarter, compared to $104.7 million in the previous quarter [8] - The return on average common equity was 16%, and the return on average assets was 1.8% for the quarter [4] Business Line Data and Key Metrics Changes - Fund finance, equipment leasing, and lender finance showed strong originations and net loan growth this quarter [8] - Net annualized charge-offs to average loans were 9 basis points, compared to 7 basis points in the corresponding period last year [6] - Total non-accrual loans declined by $66.5 million linked quarter, improving the non-accrual loans to total loan ratio from 1.26% to 0.89% [7][16] Market Data and Key Metrics Changes - Total on-balance sheet deposits increased by 5.4% year-over-year to $20.1 billion [5][10] - Average loan yields for the quarter were 7.99%, down from 8.37% in the prior quarter [9] - Ending deposit balances were $20.1 billion, up 1% linked quarter and up 5.4% year-over-year [10] Company Strategy and Development Direction - The company is focused on maintaining a high net interest margin, targeting a range of 4.25% to 4.35% [13] - There is an emphasis on growing lower-cost deposits and cross-selling across selected lending businesses [13] - The company is actively investing in technology, including AI, to enhance operational efficiency and reduce costs [20][85] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in maintaining loan growth despite headwinds from high levels of repayment in the jumbo single-family and multifamily mortgage business [9] - The company anticipates loan growth to be in the high single digits to low teens range on an annual basis [14] - Management noted that the economic environment remains uncertain, but they do not foresee significant deterioration in credit quality [15][17] Other Important Information - The company repurchased approximately $28 million of common stock in the quarter and continued to buy back shares in April [5][62] - The effective tax rate for the quarter was 29%, with potential changes in California tax laws that could impact future rates [23][24] Q&A Session Summary Question: What areas is the company being cautious in regarding loan growth? - Management indicated caution in certain C&I segments due to potential administration changes and has shied away from logistical deals [28][30] Question: Can you clarify the increase in fee income this quarter? - Management noted that the increase was due to mortgage banking impacts, auto insurance recoveries, and additional loan fees, with no significant one-time items [34] Question: How does the company plan to maintain its efficiency ratio? - Management aims to keep the efficiency ratio stable by leveraging technology and controlling personnel expenses [40][42] Question: What is the outlook for net interest income in the next quarter? - Management expects net interest income to increase as average loan growth is anticipated to rise [44] Question: Can you provide insights on the improvement in special mention substandard loans? - Management explained that improvements were driven by payoffs and sales of loans that were previously classified as substandard [51][52] Question: How does the company view its capital position and buyback strategy? - Management believes there is excess capital and sees current stock prices as a good opportunity for buybacks while maintaining strong loan growth [62][63]

Axos Q3 Fiscal 2025 Earnings Supplement April 30, 2025 NYSE: AX Loan Growth by Category | | | | | $ Millions | | | --- | --- | --- | --- | --- | --- | | | | | Q3 FY25 | Q2 FY25 | Inc (Dec) | | | Single Family Mortgage & | Jumbo Mortgage | $ 3,697 $ | 3,641 $ | 56 | | | Warehouse | SF Warehouse Lending | 498 | 509 | (11) | | | Multifamily & Commercial | Multifamily | 2,059 | 2,148 | (89) | | | Mortgage | Small Balance Commercial | 1,281 | 1,283 | (2) | | | Commercial Real Estate | CRE Specialty | 5,371 | 5,3 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-37709 AXOS FINANCIAL, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 33-0867444 (I.R.S. Em ...

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Core Insights - The article discusses Axos Financial and highlights its potential investment opportunities and market trends [1] Company Overview - Axos Financial is featured in a Motley Fool Scoreboard episode, indicating a focus on its performance and market position [1] Market Trends - The video associated with the article aims to provide insights into market trends relevant to Axos Financial, suggesting a dynamic market environment [1] Investment Opportunities - The content emphasizes the potential investment opportunities within Axos Financial, encouraging viewers to explore these prospects [1]

Company Overview - Axos Financial Inc is a regional U.S. bank headquartered in Las Vegas, Nevada, operating nationwide [1] - The bank offers a diverse range of loan products, including residential mortgages, commercial loans, auto loans, and consumer loans [1] Investment Insights - The author emphasizes a focus on the banking sector, which is often overlooked but holds significant potential for investors [1] - The investment strategy aims for safe yet substantial returns, targeting over 10% per annum [1] - The analysis seeks to enhance awareness and understanding among investors regarding the intricacies of bank stocks [1]

Core Viewpoint - Axos Financial (AX) has experienced significant selling pressure, resulting in a 9.3% decline in stock price over the past four weeks, but analysts anticipate better earnings than previously predicted, indicating potential for recovery [1] Group 1: Technical Indicators - The Relative Strength Index (RSI) is utilized to identify oversold stocks, with a reading below 30 typically indicating oversold conditions [2] - AX's current RSI reading is 28.89, suggesting that the heavy selling may be exhausting itself and a trend reversal could be imminent [5] Group 2: Fundamental Indicators - Analysts have raised earnings estimates for AX by 1.9% over the last 30 days, which often correlates with price appreciation in the near term [6] - AX holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further supporting the potential for a turnaround [7]

Axos Financial (AX) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a changi ...