For the quarter ending 2025-12-31, AX made $1,265,642,000 in revenue. $128,397,000 in net income. Net profit margin of 10.14%.
| Income Statement | 2025-12-31 | 2025-09-30 | 2025-06-30 | |
|---|---|---|---|---|
| Loans, including fees | 478,086,000 | 429,575,000 | - | |
| Securities borrowed and customer receivables | 7,745,000 | 6,777,000 | - | |
| Investments and other | 28,014,000 | 29,384,000 | - | |
| Total interest and dividend income | 513,845,000 | 465,736,000 | - | |
| Deposits | 167,334,000 | 169,364,000 | - | |
| Advances from the federal home loan bank | 313,000 | 313,000 | - | |
| Securities loaned | 269,000 | 285,000 | - | |
| Other borrowings | 14,220,000 | 4,724,000 | - | |
| Total interest expense | 182,136,000 | 174,686,000 | - | |
| Net interest income | 331,709,000 | 291,050,000 | 281,943,000 | |
| Provision for credit losses | 25,000,000 | 17,255,000 | 13,936,250 | |
| Net interest income, after provision for credit losses | 306,709,000 | 273,795,000 | 268,006,750 | |
| Broker-dealer fee income | 11,145,000 | 10,948,000 | 11,308,250 | |
| Advisory fee income | 8,829,000 | 8,525,000 | 7,948,500 | |
| Banking and service fees | 31,732,000 | 10,820,000 | 9,548,750 | |
| Mortgage banking and servicing rights income | 644,000 | 1,395,000 | 3,251,750 | |
| Gain on acquisition | - | - | 0 | |
| Prepayment penalty fee income | 1,028,000 | 652,000 | 709,250 | |
| Total non-interest income | 53,378,000 | 32,340,000 | 32,766,500 | |
| Salaries and related costs | 82,204,000 | 76,605,000 | 74,488,750 | |
| Data and operational processing | 21,825,000 | 22,057,000 | 20,108,250 | |
| Depreciation and amortization | 23,205,000 | 8,341,000 | 7,254,750 | |
| Advertising and promotional | 12,702,000 | 12,207,000 | 11,940,000 | |
| Professional services | 9,293,000 | 13,333,000 | 9,393,000 | |
| Occupancy and equipment | 5,191,000 | 4,620,000 | 4,426,250 | |
| Fdic and regulatory fees | 6,749,000 | 5,619,000 | 6,889,500 | |
| Broker-dealer clearing charges | 4,282,000 | 4,203,000 | 4,266,250 | |
| General and administrative expense | 19,123,000 | 9,261,000 | 8,657,750 | |
| Total non-interest expense | 184,574,000 | 156,246,000 | 147,424,500 | |
| Income before income taxes | 175,513,000 | 149,889,000 | 153,348,750 | |
| Income taxes | 47,116,000 | 37,537,000 | 45,121,750 | |
| Net income | 128,397,000 | 112,352,000 | 108,227,000 | |
| Average common shares issued and outstanding (in shares) | 56,660,833 | 56,512,587 | 14,215,657.5 | |
| Average common shares issued and outstanding (in shares) | 56,660,833 | 56,512,587 | 14,215,657.5 | |
| Basic earnings per common share (in dollars per share) | 2.27 | 1.99 | 1.903 | |
| Diluted earnings per common share (in dollars per share) | 2.22 | 1.94 | 1.858 | |
Axos Financial, Inc. (AX)
Axos Financial, Inc. (AX)