Axos Financial, Inc.AX
What Axos Financial, Inc. does.
Our Company is a technology-driven, diversified financial services company with approximately $30.0 billion in assets and approximately $47.8 billion of assets under custody and/or administration at Axos Clearing LLC (“Axos Clearing”). Our client-centric, technology-enabled services model provides secure and scalable banking, clearing and custody, and investment advisory solutions to retail and business customers. The Bank provides consumer and commercial banking products and services through its digital online and mobile banking platforms, low-cost distribution channels and affinity partners. Our Bank offers deposit and lending products to customers nationwide including consumer and business checking, savings and time deposit accounts and single family and multifamily residential mortgages, commercial real estate mortgages and loans, lender finance loans, asset-based loans, capital call facilities, equipment lending and leasing, auto loans, retail and floor plan marine loans and other consumer loans. Our Bank generates non-interest income from consumer and business products and services, including fees from loans originated for sale, operating lease income, deposit account service fees, prepayment fees, loan servicing fees, as well as technology and payment transaction processing fees, among others. We offer securities products and services to independent registered investment advisors (“RIAs”) and introducing broker-dealers (“IBDs”) through Axos Clearing and Axos Advisor Services (“AAS”) and direct-to-consumer securities trading and digital investment management products through Axos Invest, Inc. (“Axos Invest”). AAS and Axos Clearing generate interest and asset- and transaction-based fee income by providing comprehensive securities custody services to RIAs and clearing, stock lending, and margin lending services to IBDs respectively. Axos Invest generates fee income from self-directed securities trading and digital wealth management services. Our common stock is listed on the New York Stock Exchange under the ticker symbol “AX” and is a component of the Russell 2000® Index and the S&P SmallCap 600® Index, among other indices.
Revenue and profit, by fiscal year.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Revenue | $31.3M | $59.4M | $65.3M | $64.6M | $65.8M | $81.3M |
| Net income | $215.7M | $240.7M | $307.2M | $450.0M | $432.9M | $490.4M |
| Free cash flow | $402.1M | $195.1M | $166.5M | $269.5M | $436.1M | $291.1M |
More on AX.
- Axos Financial, Inc. summary
- Axos Financial, Inc. financial statements
- Axos Financial, Inc. key metrics
- Axos Financial, Inc. health scores and style box
- Axos Financial, Inc. earnings
- Axos Financial, Inc. dividends
- Axos Financial, Inc. valuation
- Axos Financial, Inc. ownership and insiders
- Axos Financial, Inc. peers
Figures from Axos Financial, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.