AX - Axos Financial Inc Stock Price, Fair Value and News

59.93USD+0.72 (+1.22%)Market Closed

Market Summary

USD59.93+0.72

Market Closed

1.22%

AX Alerts

Big jump in Revenue (Y/Y)

Big jump in Earnings (Y/Y)

AX Stock Price

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AX RSI Chart

AX Valuation

Market Cap

3.4B

Price/Earnings (Trailing)

7.89

Price/Sales (Trailing)

2.2

EV/EBITDA

1.05

Price/Free Cashflow

10.33

AX Price/Sales (Trailing)

AX Profitability

EBT Margin

39.27%

Return on Equity

19.69%

Return on Assets

1.91%

Free Cashflow Yield

9.68%

AX Fundamentals

AX Revenue

Revenue (TTM)

1.5B

Rev. Growth (Yr)

44.33%

Rev. Growth (Qtr)

12.39%

AX Earnings

Earnings (TTM)

432.5M

Earnings Growth (Yr)

38.66%

Earnings Growth (Qtr)

-27.05%

Breaking Down AX Revenue

Last 7 days

8.0%

Last 30 days

16.3%

Last 90 days

19.1%

Trailing 12 Months

56.3%

How does AX drawdown profile look like?

AX Financial Health

Debt/Equity

0.15

Debt/Cashflow

AX Investor Care

Buy Backs (1Y)

3.63%

Diluted EPS (TTM)

7.35

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	1.5B	0	0	0
2023	994.9M	1.2B	1.3B	1.4B
2022	632.5M	659.7M	725.2M	847.7M
2021	605.1M	617.9M	626.3M	628.0M
2020	620.3M	622.8M	626.4M	634.5M
2019	542.1M	564.9M	588.4M	604.5M
2018	454.7M	475.1M	494.4M	517.8M
2017	375.0M	387.3M	403.3M	416.8M
2016	299.0M	317.7M	334.0M	352.3M
2015	226.9M	244.4M	260.8M	277.6M
2014	159.2M	172.9M	191.3M	209.2M
2013	129.2M	135.7M	141.0M	148.7M
2012	111.1M	115.7M	119.0M	123.9M
2011	91.1M	92.9M	99.6M	105.6M
2010	0	85.6M	87.4M	89.3M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Axos Financial Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 23, 2024	constantine thomas m	acquired	78,584	52.25	1,504	-
Mar 23, 2024	walsh derrick	acquired	74,874	52.25	1,433	evp, chief financial officer
Mar 23, 2024	park david x	acquired	59,356	52.25	1,136	-
Mar 23, 2024	tolla john charles	back to issuer	-29,155	52.25	-558	evp, chief governance, risk &
Mar 23, 2024	matsumoto raymond d	back to issuer	-52,250	52.25	-1,000	-
Mar 23, 2024	tolla john charles	acquired	54,287	52.25	1,039	evp, chief governance, risk &
Mar 23, 2024	constantine thomas m	back to issuer	-42,218	52.25	-808	-
Mar 23, 2024	swanson brian d	acquired	74,090	52.25	1,418	-
Mar 23, 2024	park david x	back to issuer	-30,043	52.25	-575	-
Mar 23, 2024	walsh derrick	back to issuer	-40,232	52.25	-770	evp, chief financial officer

Which funds bought or sold AX recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	CIM INVESTMENT MANAGEMENT INC	unchanged	-	-3,060	295,329	0.09%
May 07, 2024	Illinois Municipal Retirement Fund	added	9.64	127,000	1,628,000	0.03%
May 07, 2024	SEI INVESTMENTS CO	added	9.74	210,795	2,660,500	-%
May 07, 2024	Swiss National Bank	reduced	-2.08	-186,172	5,847,130	-%
May 07, 2024	Choate Investment Advisors	unchanged	-	-2,665	257,176	0.01%
May 07, 2024	NEW YORK STATE COMMON RETIREMENT FUND	added	1.74	10,000	1,334,000	-%
May 07, 2024	Concurrent Investment Advisors, LLC	sold off	-100	-382,692	-	-%
May 07, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	reduced	-40.77	-1,400,140	1,983,860	-%
May 07, 2024	Arizona State Retirement System	reduced	-3.91	-41,911	814,545	0.01%
May 06, 2024	SG Americas Securities, LLC	added	24.52	59,000	313,000	-%

Are Funds Buying or Selling AX?

Are funds buying AX calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own AX

No. of Funds

Unveiling Axos Financial Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	10.28%	5,933,947	SC 13G/A
Jan 24, 2024	state street corp	6.07%	3,501,675	SC 13G
Jan 23, 2024	blackrock inc.	14.4%	8,329,879	SC 13G/A
Sep 25, 2023	hankey don	4.71%	2,826,576	SC 13D/A
Feb 09, 2023	vanguard group inc	10.62%	6,371,676	SC 13G/A
Jan 26, 2023	blackrock inc.	14.7%	8,835,340	SC 13G/A
Jan 20, 2023	blackrock inc.	14.7%	8,835,340	SC 13G/A
Nov 10, 2022	vanguard group inc	10.02%	6,009,789	SC 13G/A
Feb 09, 2022	vanguard group inc	9.60%	5,711,997	SC 13G/A
Jan 28, 2022	blackrock inc.	14.7%	8,747,300	SC 13G/A

Recent SEC filings of Axos Financial Inc

View All Filings

Date Filed	Form Type	Document
May 07, 2024	8-K	Current Report
Apr 30, 2024	10-Q	Quarterly Report
Apr 30, 2024	8-K	Current Report
Mar 27, 2024	4	Insider Trading
Mar 27, 2024	4	Insider Trading
Mar 27, 2024	4	Insider Trading
Mar 27, 2024	4	Insider Trading
Mar 27, 2024	4	Insider Trading
Mar 27, 2024	4	Insider Trading
Mar 27, 2024	4	Insider Trading

Peers (Alternatives to Axos Financial Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	561.8B	174.7B	-1.43%	43.42%	11.16	3.22	53.11%	19.83%
BAC	294.9B	127.4B	0.56%	36.33%	11.78	2.14	56.12%	-12.56%
WFC	213.5B	85.8B	5.95%	58.87%	11.37	2.49	35.02%	26.14%
C	119.7B	125.0B	1.65%	34.89%	14.97	0.96	37.85%	-
CFG	16.4B	10.4B	2.86%	37.97%	11.43	1.57	26.22%	-33.87%
KEY	14.2B	8.1B	-2.78%	54.53%	16.2	1.74	32.15%	-50.93%
MID-CAP
CMA	7.1B	4.2B	-0.20%	48.47%	10.28	1.68	34.68%	-45.96%
ZION	6.5B	4.1B	2.65%	80.71%	10.36	1.6	32.93%	-30.73%
ABCB	3.4B	1.3B	4.29%	69.14%	12.73	2.67	43.24%	-22.35%
ASB	3.4B	1.8B	4.48%	49.83%	21.01	1.66	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	399.1M	152.4M	-4.27%	48.11%	40.14	2.62	16.94%	-73.84%
AROW	395.5M	162.6M	1.49%	18.80%	13.15	2.43	25.39%	-38.37%
ACNB	273.7M	96.6M	-9.35%	14.97%	8.64	2.83	11.02%	-11.37%
ASRV	42.4M	60.9M	6.93%	-11.15%	-12.66	0.7	24.06%	-144.92%

Axos Financial Inc News

Latest updates

Axos Financial Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	12.4%	444	395	364	346	307	280	224	184	160	157	158	157	156	155	150	144	185	147	146	142	169
EBITDA Margin	-2.1%	0.99*	1.01*	1.01*	1.07*	1.17*	1.28*	1.38*	1.47*	1.49*	1.46*	1.43*	1.41*	-	-	-	-	-	-	-	-	-
Interest Expenses	14.4%	262	229	211	204	199	200	180	165	150	146	147	142	136	134	127	117	149	108	103	100	129
Income Taxes	-31.7%	45.00	66.00	36.00	30.00	35.00	36.00	24.00	24.00	25.00	26.00	25.00	21.00	22.00	24.00	23.00	23.00	24.00	17.00	16.00	15.00	16.00
Earnings Before Taxes	-28.5%	156	217	118	117	115	117	83.00	82.00	87.00	86.00	85.00	75.00	76.00	79.00	76.00	68.00	80.00	58.00	57.00	55.00	54.00
EBT Margin	-2.2%	0.39*	0.40*	0.36*	0.37*	0.40*	0.44*	0.47*	0.52*	0.53*	0.51*	0.50*	0.49*	-	-	-	-	-	-	-	-	-
Net Income	-27.0%	111	152	83.00	87.00	80.00	82.00	58.00	58.00	62.00	61.00	60.00	54.00	54.00	55.00	53.00	45.00	56.00	41.00	41.00	41.00	39.00
Net Income Margin	-1.8%	0.28*	0.28*	0.26*	0.27*	0.28*	0.31*	0.33*	0.36*	0.37*	0.36*	0.36*	0.35*	-	-	-	-	-	-	-	-	-
Free Cashflow	1.2%	115	113	34.00	69.00	-57.83	106	71.00	141	142	57.00	-129	100	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	4.7%	22,642	21,624	20,825	20,348	19,782	18,741	18,407	17,401	16,081	15,548	14,907	14,266	14,828	14,393	13,382	13,852	12,160	13,852	11,771	11,220	10,876
Cash Equivalents	20.8%	2,130	1,764	2,414	2,233	2,504	1,953	1,698	1,575	1,249	1,118	1,269	1,038	1,443	1,443	1,122	1,951	854	1,026	702	857	763
Liabilities	4.6%	20,446	19,546	18,849	18,431	17,938	16,953	16,706	15,758	14,495	14,025	13,448	12,865	13,482	13,106	12,145	12,621	10,975	11,109	10,655	10,147	9,836
Long Term Debt	-3.1%	330	341	448	362	334	334	426	445	382	260	256	221	366	418	454	236	-	-	-	169	-
Shareholder's Equity	5.7%	2,196	2,078	1,976	1,917	1,844	1,788	1,701	1,643	1,586	1,523	1,459	1,401	1,346	1,287	1,237	1,231	1,184	1,161	1,116	1,073	1,039
Retained Earnings	5.6%	2,081	1,970	1,818	1,736	1,648	1,568	1,487	1,428	1,371	1,309	1,248	1,188	1,133	1,080	1,025	1,009	964	908	867	826	786
Additional Paid-In Capital	1.9%	502	493	487	480	473	465	459	454	448	441	437	433	428	421	416	412	407	400	395	390	384
Shares Outstanding	0.3%	57.00	57.00	59.00	59.00	59.00	60.00	60.00	60.00	60.00	59.00	59.00	59.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	-	1,609	-	-	-	2,688	-	-	-	1,802	-	-	-	1,324	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	1.2%	114,616	113,224	33,870	68,712	-57,829	106,255	70,821	140,800	141,983	56,668	-129,169	99,855	28,310	218,126	66,291	62,156	93,308	107,223	21,431	77,810	11,079
Share Based Compensation	39.9%	9,223	6,591	6,802	6,946	7,585	6,249	5,320	5,359	7,369	4,533	3,981	4,889	6,770	4,611	4,415	5,144	6,927	4,903	4,961	5,458	6,803
Cashflow From Investing	65.9%	-419,106	-1,230,264	-505,965	-582,375	-396,572	-261,114	-1,150,290	-1,052,578	-587,140	-733,746	-403,220	259,276	-110,752	-699,190	-316,103	-360,805	-208,478	-375,778	-403,378	-267,915	5,327
Cashflow From Financing	89.9%	886,678	466,994	503,778	391,525	1,006,112	409,324	1,202,818	1,237,163	576,113	526,002	764,046	-764,309	82,202	802,098	-578,546	1,394,969	-56,806	592,408	226,901	284,134	490,386
Buy Backs	-99.1%	595	64,111	18,472	17,358	31,605	-	-	-	-	-	-	-	-	4,015	12,742	3,020	35,838	-	-	8,556	-

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AX Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
INTEREST AND DIVIDEND INCOME:
Loans, including fees	$ 405,280	$ 279,864	$ 1,090,106	$ 743,863
Securities borrowed and customer receivables	5,701	5,137	16,163	13,842
Investments and other	32,583	22,333	95,910	53,003
Total interest and dividend income	443,564	307,334	1,202,179	810,708
INTEREST EXPENSE:
Deposits	176,737	98,439	483,028	202,292
Advances from the Federal Home Loan Bank	735	4,454	1,794	12,121
Securities loaned	376	1,307	1,835	3,317
Other borrowings	4,110	4,152	14,155	13,611
Total interest expense	181,958	108,352	500,812	231,341
Net interest income	261,606	198,982	701,367	579,367
Total provision for credit losses	6,000	5,500	26,500	17,251
Net interest income, after provision for credit losses	255,606	193,482	674,867	562,116
NON-INTEREST INCOME:
Broker-dealer fee income	12,087	13,745	37,083	32,735
Advisory fee income	8,105	6,879	23,686	20,821
Banking and service fees	8,876	8,443	27,287	25,100
Mortgage banking and servicing rights income	2,180	1,107	6,811	5,113
Prepayment penalty fee income	1,915	2,072	4,535	4,014
Gain on acquisition	0	0	92,397	0
Total non-interest income	33,163	32,246	191,799	87,783
NON-INTEREST EXPENSE:
Salaries and related costs	67,419	53,046	182,113	149,762
Data and operational processing	18,243	15,808	52,653	44,462
Depreciation and amortization	7,221	5,671	19,587	17,722
Advertising and promotional	10,282	11,786	30,451	29,055
Professional services	9,073	6,747	24,860	23,289
Occupancy and equipment	4,254	3,873	12,101	11,610
FDIC and regulatory fees	5,232	3,859	13,616	11,163
Broker-dealer clearing charges	4,459	3,356	14,419	9,924
General and administrative expense	7,045	6,898	25,773	38,171
Total non-interest expense	133,228	111,044	375,573	335,158
INCOME BEFORE INCOME TAXES	155,541	114,684	491,093	314,741
INCOME TAXES	44,821	34,834	145,957	94,932
NET INCOME	110,720	79,850	345,136	219,809
COMPREHENSIVE INCOME	$ 111,575	$ 81,222	$ 348,682	$ 217,169
Basic earnings per common share (in dollars per share)	$ 1.94	$ 1.33	$ 5.98	$ 3.67
Diluted earnings per common share (in dollars per share)	$ 1.91	$ 1.32	$ 5.88	$ 3.63

AX Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Jun. 30, 2023
ASSETS
Cash and cash equivalents	$ 2,129,772	$ 2,233,027
Restricted cash	216,139	149,059
Total cash, cash equivalents and restricted cash	2,345,911	2,382,086
Trading securities	592	758
Available-for-sale securities	207,582	232,350
Stock of regulatory agencies	22,264	21,510
Loans held for sale, carried at fair value	16,239	23,203
Loans held for sale, lower of cost or fair value	0	776
Loans—net of allowance for credit losses of $257,522 as of March 31, 2024 and $166,680 as of June 30, 2023	18,733,455	16,456,728
Servicing rights, carried at fair value	28,130	25,443
Securities borrowed	105,853	134,339
Customer, broker-dealer and clearing receivables	292,630	374,074
Goodwill and other intangible assets—net	144,324	152,149
Other assets	745,153	545,053
TOTAL ASSETS	22,642,133	20,348,469
Deposits:
Non-interest bearing	2,758,596	2,898,150
Interest bearing	16,344,936	14,224,958
Total deposits	19,103,532	17,123,108
Advances from the Federal Home Loan Bank	90,000	90,000
Borrowings, subordinated notes and debentures	330,389	361,779
Securities loaned	119,800	159,832
Customer, broker-dealer and clearing payables	387,176	445,477
Accounts payable and other liabilities	414,943	251,114
Total liabilities	20,445,840	18,431,310
COMMITMENTS AND CONTINGENCIES (Note 9)
STOCKHOLDERS’ EQUITY:
Common stock—$0.01 par value; 150,000,000 shares authorized; 70,033,523 shares issued and 57,079,429 shares outstanding as of March 31, 2024; 69,465,446 shares issued and 58,943,035 shares outstanding as of June 30, 2023	700	695
Additional paid-in capital	502,489	479,878
Accumulated other comprehensive income (loss)—net of income tax	(3,064)	(6,610)
Retained earnings	2,080,745	1,735,609
Treasury stock, at cost; 12,954,094 shares as of March 31, 2024 and 10,522,411 shares as of June 30, 2023	(384,577)	(292,413)
Total stockholders’ equity	2,196,293	1,917,159
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 22,642,133	$ 20,348,469

About Axos Financial Inc

Axos Financial, Inc., together with its subsidiaries, provides consumer and business banking products in the United States. It operates through two segments, Banking Business and Securities Business. 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 residential 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 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 message 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.

CEO	Mr. Gregory Garrabrants C.F.A., J.D.
WEBSITE	https://axosfinancial.com
INDUSTRY	Banks Diversified
EMPLOYEES	1455

Axos Financial Inc Frequently Asked Questions

What is the ticker symbol for Axos Financial Inc? What does AX stand for in stocks?

AX is the stock ticker symbol of Axos Financial Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Axos Financial Inc (AX)?

As of Wed May 08 2024, market cap of Axos Financial Inc is 3.41 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AX stock?

You can check AX's fair value in chart for subscribers.

What is the fair value of AX stock?

You can check AX's fair value in chart for subscribers. The fair value of Axos Financial Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Axos Financial Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Axos Financial Inc a good stock to buy?

The fair value guage provides a quick view whether AX is over valued or under valued. Whether Axos Financial Inc is cheap or expensive depends on the assumptions which impact Axos Financial Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AX.

What is Axos Financial Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, AX's PE ratio (Price to Earnings) is 7.89 and Price to Sales (PS) ratio is 2.2. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Axos Financial Inc's stock?

In the past 10 years, Axos Financial Inc has provided 0.116 (multiply by 100 for percentage) rate of return.