New Risk • Aug 07
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €355k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company. Ankündigung • Jun 29
Axos Financial, Inc.(NYSE:AX) dropped from Russell 2000 Dynamic Index Axos Financial, Inc.(NYSE:AX) dropped from Russell 2000 Dynamic Index Ankündigung • Jun 24
Axos Financial, Inc. to Report Q4, 2026 Results on Jul 30, 2026 Axos Financial, Inc. announced that they will report Q4, 2026 results at 4:00 PM, US Eastern Standard Time on Jul 30, 2026 Reported Earnings • May 01
Third quarter 2026 earnings released: EPS: US$2.20 (vs US$1.85 in 3Q 2025) Third quarter 2026 results: EPS: US$2.20 (up from US$1.85 in 3Q 2025). Revenue: US$351.2m (up 19% from 3Q 2025). Net income: US$124.7m (up 19% from 3Q 2025). Profit margin: 36% (in line with 3Q 2025). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Mar 27
Axos Financial, Inc. to Report Q3, 2026 Results on Apr 30, 2026 Axos Financial, Inc. announced that they will report Q3, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 30, 2026 Recent Insider Transactions • Feb 08
President recently sold €3.6m worth of stock On the 4th of February, Gregory Garrabrants sold around 43k shares on-market at roughly €84.03 per share. This transaction amounted to 2.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Gregory's only on-market trade for the last 12 months. Reported Earnings • Jan 30
Second quarter 2026 earnings released: EPS: US$2.27 (vs US$1.83 in 2Q 2025) Second quarter 2026 results: EPS: US$2.27 (up from US$1.83 in 2Q 2025). Revenue: US$360.1m (up 22% from 2Q 2025). Net income: US$128.4m (up 23% from 2Q 2025). Profit margin: 36% (in line with 2Q 2025). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 20% per year. Ankündigung • Dec 31
Axos Financial, Inc. to Report Q2, 2026 Results on Jan 29, 2026 Axos Financial, Inc. announced that they will report Q2, 2026 results at 4:00 PM, US Eastern Standard Time on Jan 29, 2026 Reported Earnings • Oct 31
First quarter 2026 earnings released: EPS: US$1.99 (vs US$1.97 in 1Q 2025) First quarter 2026 results: EPS: US$1.99 (up from US$1.97 in 1Q 2025). Revenue: US$306.1m (flat on 1Q 2025). Net income: US$112.4m (flat on 1Q 2025). Profit margin: 37% (in line with 1Q 2025). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 21% per year and the company’s share price has also increased by 21% per year. Ankündigung • Oct 01
Axos Financial, Inc. to Report Q1, 2026 Results on Oct 30, 2025 Axos Financial, Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Oct 30, 2025 Ankündigung • Sep 26
Axos Financial, Inc., Annual General Meeting, Nov 13, 2025 Axos Financial, Inc., Annual General Meeting, Nov 13, 2025. Location: 9205 west russell road, suite 400, nv89148, las vegas United States Recent Insider Transactions • Sep 04
Independent Vice Chairman of the Board recently sold €386k worth of stock On the 3rd of September, Nicholas Mosich sold around 5k shares on-market at roughly €77.13 per share. This transaction amounted to 5.9% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €1.0m. Nicholas has been a net seller over the last 12 months, reducing personal holdings by €991k. Board Change • Sep 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 7 highly experienced directors. Independent Director Sara Wardell-Smith was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Aug 06
Executive Vice President of Finance recently sold €1.0m worth of stock On the 4th of August, Andrew Micheletti sold around 14k shares on-market at roughly €73.81 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €17m more than they bought in the last 12 months. Reported Earnings • Jul 31
Full year 2025 earnings released: EPS: US$7.61 (vs US$7.83 in FY 2024) Full year 2025 results: EPS: US$7.61 (down from US$7.83 in FY 2024). Revenue: US$1.20b (up 14% from FY 2024). Net income: US$432.9m (down 3.8% from FY 2024). Profit margin: 36% (down from 43% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.6% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 22% per year. Ankündigung • Jul 02
Axos Financial, Inc. to Report Q4, 2025 Results on Jul 30, 2025 Axos Financial, Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Jul 30, 2025 New Risk • May 09
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €1.8m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. This is currently the only risk that has been identified for the company. Recent Insider Transactions • May 09
Independent Chairman of the Board recently sold €1.8m worth of stock On the 5th of May, Paul Grinberg sold around 30k shares on-market at roughly €60.10 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Paul's only on-market trade for the last 12 months. Reported Earnings • May 01
Third quarter 2025 earnings released: EPS: US$1.84 (vs US$1.95 in 3Q 2024) Third quarter 2025 results: EPS: US$1.84 (down from US$1.95 in 3Q 2024). Revenue: US$294.3m (up 1.9% from 3Q 2024). Net income: US$105.2m (down 5.0% from 3Q 2024). Profit margin: 36% (down from 38% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.3% p.a. on average during the next 2 years, compared to a 3.6% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €50.50, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 37% over the past three years. Ankündigung • Mar 27
Axos Financial, Inc. to Report Q3, 2025 Results on Apr 30, 2025 Axos Financial, Inc. announced that they will report Q3, 2025 results on Apr 30, 2025 Reported Earnings • Jan 29
Second quarter 2025 earnings released: EPS: US$1.83 (vs US$2.65 in 2Q 2024) Second quarter 2025 results: EPS: US$1.83 (down from US$2.65 in 2Q 2024). Revenue: US$295.7m (up 20% from 2Q 2024). Net income: US$104.7m (down 31% from 2Q 2024). Profit margin: 35% (down from 62% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Ankündigung • Jan 29
Axos Financial, Inc. has filed a Follow-on Equity Offering in the amount of $150 million. Axos Financial, Inc. has filed a Follow-on Equity Offering in the amount of $150 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Ankündigung • Dec 19
Axos Financial, Inc. to Report Q2, 2025 Results on Jan 28, 2025 Axos Financial, Inc. announced that they will report Q2, 2025 results at 4:00 PM, Eastern Standard Time on Jan 28, 2025 Recent Insider Transactions • Nov 18
Independent Vice Chairman of the Board recently sold €387k worth of stock On the 15th of November, Nicholas Mosich sold around 5k shares on-market at roughly €75.83 per share. This transaction amounted to 5.5% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €9.5m. This was Nicholas' only on-market trade for the last 12 months. Recent Insider Transactions • Nov 08
Independent Director recently sold €1.0m worth of stock On the 5th of November, James Court sold around 17k shares on-market at roughly €61.63 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €2.6m. Insiders have been net sellers, collectively disposing of €6.0m more than they bought in the last 12 months. New Risk • Nov 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 5.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 6.6% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (5.1% average weekly change). Significant insider selling over the past 3 months (€2.6m sold). Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €75.50, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 44% over the past three years. Reported Earnings • Nov 02
First quarter 2025 earnings released: EPS: US$1.97 (vs US$1.40 in 1Q 2024) First quarter 2025 results: EPS: US$1.97 (up from US$1.40 in 1Q 2024). Revenue: US$306.7m (up 28% from 1Q 2024). Net income: US$112.3m (up 36% from 1Q 2024). Profit margin: 37% (up from 35% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 2 years, compared to a 3.1% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Ankündigung • Sep 26
Axos Financial, Inc., Annual General Meeting, Nov 14, 2024 Axos Financial, Inc., Annual General Meeting, Nov 14, 2024. Location: located at 9205 west russell road, suite 400, nv 89148, las vegas United States Ankündigung • Sep 25
Axos Financial, Inc. to Report Q1, 2025 Results on Oct 30, 2024 Axos Financial, Inc. announced that they will report Q1, 2025 results at 4:00 PM, US Eastern Standard Time on Oct 30, 2024 Recent Insider Transactions • Sep 12
Executive Vice President of Finance recently sold €2.6m worth of stock On the 10th of September, Andrew Micheletti sold around 45k shares on-market at roughly €56.64 per share. This transaction amounted to 9.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €4.6m more than they bought in the last 12 months. Reported Earnings • Aug 25
Full year 2024 earnings released: EPS: US$7.83 (vs US$5.15 in FY 2023) Full year 2024 results: EPS: US$7.83 (up from US$5.15 in FY 2023). Revenue: US$1.06b (up 21% from FY 2023). Net income: US$450.0m (up 47% from FY 2023). Profit margin: 43% (up from 35% in FY 2023). The increase in margin was driven by higher revenue. Net interest margin (NIM): 4.62% (up from 4.35% in FY 2023). Cost-to-income ratio: 43.6% (down from 49.5% in FY 2023). Non-performing loans: 0.57% (up from 0.51% in FY 2023). Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 3.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €59.00, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 43% over the past three years. Reported Earnings • Jul 31
Full year 2024 earnings released: EPS: US$7.82 (vs US$5.15 in FY 2023) Full year 2024 results: EPS: US$7.82 (up from US$5.15 in FY 2023). Revenue: US$1.06b (up 21% from FY 2023). Net income: US$450.0m (up 47% from FY 2023). Profit margin: 43% (up from 35% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 16
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €60.00, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 56% over the past three years. Ankündigung • Jun 26
Axos Financial, Inc. to Report Q4, 2024 Results on Jul 30, 2024 Axos Financial, Inc. announced that they will report Q4, 2024 results at 4:00 PM, US Eastern Standard Time on Jul 30, 2024 Valuation Update With 7 Day Price Move • May 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €55.00, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 47% over the past three years. Reported Earnings • May 01
Third quarter 2024 earnings released: EPS: US$1.95 (vs US$1.33 in 3Q 2023) Third quarter 2024 results: EPS: US$1.95 (up from US$1.33 in 3Q 2023). Revenue: US$288.8m (up 28% from 3Q 2023). Net income: US$110.7m (up 39% from 3Q 2023). Profit margin: 38% (up from 35% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Ankündigung • Mar 28
Axos Financial, Inc. to Report Q3, 2024 Results on Apr 30, 2024 Axos Financial, Inc. announced that they will report Q3, 2024 results on Apr 30, 2024 Recent Insider Transactions • Mar 13
Executive Vice President of Finance recently sold €1.3m worth of stock On the 11th of March, Andrew Micheletti sold around 27k shares on-market at roughly €47.22 per share. This transaction amounted to 5.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €12m more than they bought in the last 12 months. Ankündigung • Feb 14
Axos Financial, Inc. (NYSE:AX) announces an Equity Buyback for $100 million worth of its shares. Axos Financial, Inc. (NYSE:AX) announces a share repurchase program. Under the program, the company will repurchase up to $100 million worth of its common stock. There is no end date for the common stock repurchase program. Reported Earnings • Feb 01
Second quarter 2024 earnings released: EPS: US$2.65 (vs US$1.36 in 2Q 2023) Second quarter 2024 results: EPS: US$2.65 (up from US$1.36 in 2Q 2023). Revenue: US$339.2m (up 51% from 2Q 2023). Net income: US$151.8m (up 86% from 2Q 2023). Profit margin: 45% (up from 36% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Ankündigung • Dec 29
Axos Financial, Inc. to Report Q2, 2024 Results on Jan 30, 2024 Axos Financial, Inc. announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Jan 30, 2024 Valuation Update With 7 Day Price Move • Dec 05
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €40.00, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 7x in the Banks industry in Europe. Total returns to shareholders of 37% over the past three years. Ankündigung • Nov 30
Axos Financial, Inc. Announces the Election of Sara Wardell-Smith as an Independent Director, Effective December 1, 2023 Axos Financial, Inc. announced the election of Sara Wardell-Smith as an independent director of the Board of Directors of the Company, effective December 1, 2023. Ms. Wardell-Smith has extensive experience in wholesale banking, global payments, fintech partnerships and board service. Ms. Wardell-Smith is the former head of Visa’s commercial business across North America overseeing product, partnerships, sales and platforms. While at Visa, she led financial institution initiatives that modernized beyond cards into real-time payments, cross-border payments, and new payment flows. Prior to Visa, Ms. Wardell-Smith was an Executive Vice President at Wells Fargo and served on the Management Committee. Ms. Wardell-Smith has served on several boards, including the U.S. board of Revolut, one of the world’s largest and fastest-growing fintech companies and challenger banks, and the CLS Group, which operates the world’s largest multi-currency cash settlement system designed for financial institutions. New Risk • Nov 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 27
First quarter 2024 earnings released: EPS: US$1.40 (vs US$0.98 in 1Q 2023) First quarter 2024 results: EPS: US$1.40 (up from US$0.98 in 1Q 2023). Revenue: US$238.7m (up 20% from 1Q 2023). Net income: US$82.6m (up 42% from 1Q 2023). Profit margin: 35% (up from 29% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 2 years, compared to a 3.5% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 15% per year. Recent Insider Transactions • Aug 04
President recently sold €7.8m worth of stock On the 3rd of August, Gregory Garrabrants sold around 188k shares on-market at roughly €41.40 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Gregory's only on-market trade for the last 12 months. Reported Earnings • Jul 31
Full year 2023 earnings released: EPS: US$5.15 (vs US$4.04 in FY 2022) Full year 2023 results: EPS: US$5.15 (up from US$4.04 in FY 2022). Revenue: US$878.9m (up 25% from FY 2022). Net income: US$307.2m (up 28% from FY 2022). Profit margin: 35% (in line with FY 2022). Revenue is forecast to grow 8.9% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Jun 29
Axos Financial, Inc. to Report Q4, 2023 Results on Jul 27, 2023 Axos Financial, Inc. announced that they will report Q4, 2023 results at 4:00 PM, US Eastern Standard Time on Jul 27, 2023 Recent Insider Transactions • Jun 18
Executive Vice President of Finance recently sold €229k worth of stock On the 13th of June, Andrew Micheletti sold around 6k shares on-market at roughly €38.23 per share. This transaction amounted to 1.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.8m more than they bought in the last 12 months. Recent Insider Transactions • May 28
Executive Vice President of Finance recently sold €189k worth of stock On the 24th of May, Andrew Micheletti sold around 5k shares on-market at roughly €37.73 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.5m more than they bought in the last 12 months. Reported Earnings • Apr 30
Third quarter 2023 earnings released: EPS: US$1.33 (vs US$1.04 in 3Q 2022) Third quarter 2023 results: EPS: US$1.33 (up from US$1.04 in 3Q 2022). Revenue: US$225.7m (up 30% from 3Q 2022). Net income: US$79.9m (up 29% from 3Q 2022). Profit margin: 35% (in line with 3Q 2022). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 19% per year. Recent Insider Transactions • Mar 16
Independent Vice Chairman of the Board recently bought €91k worth of stock On the 13th of March, Nicholas Mosich bought around 3k shares on-market at roughly €31.70 per share. This transaction amounted to 3.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Nicholas' only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to €35.00, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 11x in the Mortgage industry in Europe. Total returns to shareholders of 141% over the past three years. Recent Insider Transactions • Mar 02
Executive Vice President of Finance recently sold €452k worth of stock On the 28th of February, Andrew Micheletti sold around 10k shares on-market at roughly €45.23 per share. This transaction amounted to 1.9% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €662k. Insiders have been net sellers, collectively disposing of €2.6m more than they bought in the last 12 months. Recent Insider Transactions • Feb 03
Executive Vice President of Finance recently sold €662k worth of stock On the 31st of January, Andrew Micheletti sold around 15k shares on-market at roughly €44.11 per share. This transaction amounted to 2.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.3m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €44.00, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Mortgage industry in Europe. Total returns to shareholders of 69% over the past three years. Reported Earnings • Jan 27
Second quarter 2023 earnings released: EPS: US$1.36 (vs US$1.02 in 2Q 2022) Second quarter 2023 results: EPS: US$1.36 (up from US$1.02 in 2Q 2022). Revenue: US$224.7m (up 30% from 2Q 2022). Net income: US$81.6m (up 34% from 2Q 2022). Profit margin: 36% (up from 35% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Mortgage industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 15% per year. Ankündigung • Dec 28
Axos Financial, Inc. to Report Q2, 2023 Results on Jan 26, 2023 Axos Financial, Inc. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Jan 26, 2023 Ankündigung • Sep 29
Axos Financial, Inc. to Report Q1, 2023 Results on Oct 27, 2022 Axos Financial, Inc. announced that they will report Q1, 2023 results at 4:00 PM, Eastern Standard Time on Oct 27, 2022 Ankündigung • Sep 27
Axos Financial, Inc., Annual General Meeting, Nov 10, 2022 Axos Financial, Inc., Annual General Meeting, Nov 10, 2022, at 14:00 Pacific Standard Time. Location: 9205 West Russell Road, Suite 400 Las Vegas Nevada United States Agenda: To elect four Class III directors, each to hold office for a three-year term and until a successor is elected and qualified; to approve an Amendment to the Certificate of Incorporation to limit the liability of certain officers of the Company as permitted by Delaware law; to approve in a non-binding and advisory vote, the compensation of the Company’s Named Executive Officers as disclosed in this Proxy Statement; to ratify the selection of BDO USA, LLP as the Company’s independent registered public accounting firm for fiscal year 2023; and to transact such other business as may properly come before the meeting or any adjournment or postponement thereof. Ankündigung • Aug 31
Axos Financial, Inc. announced delayed annual 10-K filing On 08/30/2022, Axos Financial, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Ankündigung • Aug 25
Axos Financial, Inc. and Axos Bank Appoints Roque A. Santi as an Independent Director Axos Financial, Inc., parent of Axos Bank announced the election of Roque A. Santi as an independent director of the Board of Directors of the Company and the Bank, effective August 22, 2022. Mr. Santi has extensive accounting, strategic planning, mergers and acquisitions, and public board experience. Mr. Santi currently serves as Enterprise CFO with Roosevelt Management Company, LLC. Prior to joining Roosevelt Management, he served as President, CEO, CFO and board member for Elderlife Financial Services, LLC. He was President and CFO with ECC Capital Corporation and served on the board of Federal National Holdings, Inc. Prior to becoming a corporate executive, Mr. Santi was a Partner with Ernst & Young LLP and Arthur Andersen LLP. Mr. Santi has a bachelor's degree in Accounting from Pace University in New York, New York, and has been a Certified Public Accountant since 1988 – Certified in Maryland and Virginia (status - inactive). Recent Insider Transactions • Aug 13
Executive VP & Chief Credit Officer recently sold €290k worth of stock On the 10th of August, Thomas Constantine sold around 7k shares on-market at roughly €42.02 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €4.3m more than they bought in the last 12 months. Reported Earnings • Aug 05
Full year 2022 earnings released: EPS: US$4.04 (vs US$3.64 in FY 2021) Full year 2022 results: EPS: US$4.04 (up from US$3.64 in FY 2021). Revenue: US$702.0m (up 13% from FY 2021). Net income: US$240.7m (up 12% from FY 2021). Profit margin: 34% (in line with FY 2021). Net interest margin (NIM): 4.13% (up from 3.92% in FY 2021). Cost-to-income ratio: 50.3% (up from 48.8% in FY 2021). Over the next year, revenue is forecast to grow 13%, compared to a 11% growth forecast for the banks industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 18% per year. Ankündigung • Jul 13
Axos Financial, Inc. to Report Q4, 2022 Results on Aug 04, 2022 Axos Financial, Inc. announced that they will report Q4, 2022 results on Aug 04, 2022 Ankündigung • Jul 09
Axos Financial, Inc. Announces Summary Notice of Proposed Class Action Settlement Involving the Company, Common Stock, Call Options and Put Options This notice is for all persons who purchased or otherwise acquired shares of the publicly traded common stock of BofI Holding, Inc. (now known as Axos Financial, Inc.), as well as purchasers of BofI call options and sellers of BofI put options, between September 4, 2013 through and including October 13, 2015. Certain persons and entities are excluded from the Class as set forth in detail in the Stipulation and Agreement of Settlement dated April 13, 2022 ("Stipulation") and the Notice described below. pursuant to Rule 23 of the Federal Rules of Civil Procedure and an Order of the United States District Court for the Southern District of California ("Court"), that the parties to the above-captioned action ("Action") have reached a proposed settlement for $14,100,000 in cash ("Settlement") that, if approved, will resolve all claims in the Action. A hearing will be held on October 7, 2022, at 1:30 p.m., before the Honorable Gonzalo P. Curiel at the United States District Court for the Southern District of California, Edward J. Schwartz United States Courthouse, Courtroom 2D, 221 West Broadway, San Diego, CA 92101, to determine: (i) whether the proposed Settlement should be approved as fair, reasonable, and adequate; (ii) whether the Action should be dismissed with prejudice against Defendants, and the releases specified and described in the Stipulation (and in the Notice described below) should be entered; (iii) whether the proposed Plan of Allocation should be approved as fair and reasonable; and (iv) whether Class Counsel's application for an award of attorneys' fees and reimbursement of expenses, and Lead Plaintiff's application for a service award, should be approved. Ankündigung • Jun 29
Pomerantz LLP Proposes Class Action Settlement on Behalf of Purchasers of the Common Stock of BofI Holding, Inc Pomerantz LLP announced that the United States District Court for the Southern District of California has approved the following announcement of a proposed class action settlement that would benefit purchasers of the common stock of BofI Holding, Inc.: pursuant to Rule 23 of the Federal Rules of Civil Procedure and an Order of the United States District Court for the Southern District of California, that the above-captioned litigation (the “Action”) has been certified as a class action on behalf of the Settlement Class, except for certain persons and entities who are excluded from the Settlement Class by definition as set forth in the full printed Notice of (I) Pendency of Class Action and Proposed Settlement; (II) Settlement Fairness Hearing; and (III) Motion for an Award of Attorneys’ Fees and Reimbursement of Litigation Expenses (the “Notice”). Lead Plaintiff in the Action has reached a proposed settlement of the Action for $900,000 (the “Settlement”), that, if approved, will resolve all claims in the Action. A hearing will be held on September 23, 2022 at 1:30 p.m., before the Honorable Gonzalo P. Curiel at the United States District Court for the Southern District of California, Edward J. Schwartz United States Courthouse, 221 West Broadway, San Diego, CA 92101, in Courtroom 2D, to determine (i) whether the proposed Settlement should be approved as fair, reasonable, and adequate; (ii) whether the Action should be dismissed with prejudice against Defendants, and the Releases specified and described in the Stipulation and Agreement of Settlement dated January 31, 2022 (and in the Notice) should be granted; (iii) whether the proposed Plan of Allocation should be approved as fair and reasonable; and (iv) whether Lead Counsel’s application for an award of attorneys’ fees and reimbursement of expenses and Lead Plaintiff’s reimbursement for their time and expenses should be approved. The Court reserves the right to hold the Settlement Hearing telephonically or by other virtual means. Reported Earnings • Apr 29
Third quarter 2022 earnings released: EPS: US$1.04 (vs US$0.91 in 3Q 2021) Third quarter 2022 results: EPS: US$1.04 (up from US$0.91 in 3Q 2021). Revenue: US$173.8m (up 11% from 3Q 2021). Net income: US$61.8m (up 15% from 3Q 2021). Profit margin: 36% (up from 34% in 3Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 14%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Ankündigung • Apr 07
Axos Financial, Inc. to Report Q3, 2022 Results on Apr 28, 2022 Axos Financial, Inc. announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Apr 28, 2022 Recent Insider Transactions • Mar 05
Executive VP & Chief Credit Officer recently sold €69k worth of stock On the 2nd of March, Thomas Constantine sold around 1k shares on-market at roughly €48.84 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €4.9m more than they bought in the last 12 months. Reported Earnings • Jan 29
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: US$1.02 (up from US$0.93 in 2Q 2021). Revenue: US$172.4m (up 11% from 2Q 2021). Net income: US$60.8m (up 11% from 2Q 2021). Profit margin: 35% (in line with 2Q 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 13%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 19% per year. Recent Insider Transactions • Dec 08
Executive Vice President of Finance recently sold €288k worth of stock On the 3rd of December, Andrew Micheletti sold around 6k shares on-market at roughly €50.38 per share. In the last 3 months, there was an even bigger sale from another insider worth €2.1m. Insiders have been net sellers, collectively disposing of €6.1m more than they bought in the last 12 months. Recent Insider Transactions • Nov 12
Executive Vice President of Finance recently sold €1.3m worth of stock On the 9th of November, Andrew Micheletti sold around 25k shares on-market at roughly €52.13 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €3.7m more than they bought in the last 12 months. Reported Earnings • Oct 30
First quarter 2022 earnings released: EPS US$1.01 (vs US$0.89 in 1Q 2021) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2022 results: Revenue: US$169.3m (up 12% from 1Q 2021). Net income: US$60.2m (up 14% from 1Q 2021). Profit margin: 36% (in line with 1Q 2021). Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 19% per year. Board Change • Sep 10
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. Independent Director Tamara Bohlig was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 06
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. Independent Director Tamara Bohlig was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 30
Full year 2021 earnings released: EPS US$3.64 (vs US$3.01 in FY 2020) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2021 results: Revenue: US$620.3m (up 15% from FY 2020). Net income: US$215.7m (up 18% from FY 2020). Profit margin: 35% (in line with FY 2020). Recent Insider Transactions • May 09
Insider recently sold €190k worth of stock On the 7th of May, David Park sold around 5k shares on-market at roughly €38.06 per share. In the last 3 months, there was an even bigger sale from another insider worth €926k. Insiders have been net sellers, collectively disposing of €2.5m more than they bought in the last 12 months. Reported Earnings • May 01
Third quarter 2021 earnings released: EPS US$0.91 (vs US$0.92 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: US$156.9m (up 3.4% from 3Q 2020). Net income: US$53.6m (down 4.2% from 3Q 2020). Profit margin: 34% (down from 37% in 3Q 2020). The decrease in margin was driven by higher expenses. Recent Insider Transactions • Mar 11
Executive VP & CFO recently sold €619k worth of stock On the 8th of March, Andrew Micheletti sold around 15k shares on-market at roughly €41.28 per share. In the last 3 months, there was an even bigger sale from another insider worth €926k. This was Andrew's only on-market trade for the last 12 months. Is New 90 Day High Low • Mar 09
New 90-day high: €41.00 The company is up 40% from its price of €29.20 on 08 December 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Mortgage industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €66.48 per share. Recent Insider Transactions • Feb 20
Independent Vice Chairman of the Board recently sold €926k worth of stock On the 19th of February, Nicholas Mosich sold around 25k shares on-market at roughly €36.46 per share. This was the largest sale by an insider in the last 3 months. This was Nicholas' only on-market trade for the last 12 months. Is New 90 Day High Low • Feb 06
New 90-day high: €36.20 The company is up 51% from its price of €24.00 on 06 November 2020. The German market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Mortgage industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €65.48 per share. Reported Earnings • Jan 30
Second quarter 2021 earnings released: EPS US$0.93 (vs US$0.67 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$154.8m (up 24% from 2Q 2020). Net income: US$54.8m (up 33% from 2Q 2020). Profit margin: 35% (up from 33% in 2Q 2020). The increase in margin was driven by higher revenue. Analyst Estimate Surprise Post Earnings • Jan 30
Revenue beats expectations Revenue exceeded analyst estimates by 3.9%. Over the next year, revenue is forecast to grow 5.2%, compared to a 39% growth forecast for the Mortgage industry in Germany. Is New 90 Day High Low • Jan 13
New 90-day high: €34.80 The company is up 57% from its price of €22.20 on 14 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Mortgage industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €52.33 per share. Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment improved over the past week After last week's 15% share price gain to US$34.80, the stock is trading at a trailing P/E ratio of 13x, up from the previous P/E ratio of 11.3x. This compares to an average P/E of 13x in the Mortgage industry in Europe. Total returns to shareholders over the past year are 30%. Ankündigung • Jan 01
Axos Financial, Inc. to Report Q2, 2021 Results on Jan 28, 2021 Axos Financial, Inc. announced that they will report Q2, 2021 results After-Market on Jan 28, 2021 Is New 90 Day High Low • Dec 28
New 90-day high: €30.80 The company is up 56% from its price of €19.80 on 29 September 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Mortgage industry, which is up 28% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €53.20 per share. Valuation Update With 7 Day Price Move • Nov 16
Market bids up stock over the past week After last week's 18% share price gain to US$28.60, the stock is trading at a trailing P/E ratio of 10.1x, up from the previous P/E ratio of 8.6x. This compares to an average P/E of 9x in the Mortgage industry in Europe. Total returns to shareholders over the past year are 10.0%. Is New 90 Day High Low • Nov 11
New 90-day high: €28.40 The company is up 38% from its price of €20.60 on 13 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Mortgage industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €44.57 per share. Valuation Update With 7 Day Price Move • Nov 11
Market bids up stock over the past week After last week's 17% share price gain to US$28.40, the stock is trading at a trailing P/E ratio of 10.2x, up from the previous P/E ratio of 8.7x. This compares to an average P/E of 8x in the Mortgage industry in Europe. Total returns to shareholders over the past year are 6.8%. Analyst Estimate Surprise Post Earnings • Nov 02
Revenue beats expectations Revenue exceeded analyst estimates by 14%. Over the next year, revenue is forecast to grow 9.4%, compared to a 47% growth forecast for the Mortgage industry in Germany.