Axos Financial Balance Sheet Health
Financial Health criteria checks 6/6
Axos Financial has total assets of $23.6B and total equity of $2.4B. Total deposits are $20.0B, and total loans are $19.5B. It earns a Net Interest Margin of 4.6%. It has sufficient allowance for bad loans, which are currently at 0.9% of total loans. Cash and short-term investments are $2.6B.
Key information
9.8x
Asset to equity ratio
4.6%
Net interest margin
| Total deposits | US$19.97b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.9% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$2.64b |
Recent financial health updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: BB4's Assets to Equity ratio (9.8x) is low.
Allowance for Bad Loans: BB4 has a sufficient allowance for bad loans (149%).
Low Risk Liabilities: 94% of BB4's liabilities are made up of primarily low risk sources of funding.
Loan Level: BB4 has an appropriate level of Loans to Assets ratio (83%).
Low Risk Deposits: BB4's Loans to Deposits ratio (98%) is appropriate.
Level of Bad Loans: BB4 has an appropriate level of bad loans (0.9%).