Axos Financial Balance Sheet Health
Financial Health criteria checks 6/6
Axos Financial has total assets of $22.6B and total equity of $2.2B. Total deposits are $19.1B, and total loans are $18.5B. It earns a Net Interest Margin of 4.4%. It has sufficient allowance for bad loans, which are currently at 0.6% of total loans. Cash and short-term investments are $592.0K.
Key information
10.3x
Asset to equity ratio
4.4%
Net interest margin
| Total deposits | US$19.10b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.6% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$592.00k |
Recent financial health updates
Recent updates
Axos: A Very Profitable Business At An Attractive Price
Apr 06Earnings Beat: Axos Financial, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Feb 01
We Ran A Stock Scan For Earnings Growth And Axos Financial (NYSE:AX) Passed With Ease
Jan 08Axos Financial Surges On 2 Big Developments
Dec 12Axos Financial: Looking For More Than Just Good EPS Growth
Sep 21Here's Why Axos Financial (NYSE:AX) Has Caught The Eye Of Investors
Sep 09Axos Financial: 3 Factors To Monitor In Coming Months
Jun 27Is Now The Time To Put Axos Financial (NYSE:AX) On Your Watchlist?
Apr 26Should You Be Adding Axos Financial (NYSE:AX) To Your Watchlist Today?
Jan 24Axos Financial FQ1 2023 Earnings Preview
Oct 26Gator Capital - Axos Financial: An Outsized Opportunity
Aug 27Is Now The Time To Put Axos Financial (NYSE:AX) On Your Watchlist?
Aug 17Here's Why I Think Axos Financial (NYSE:AX) Might Deserve Your Attention Today
May 02Do Axos Financial's (NYSE:AX) Earnings Warrant Your Attention?
Jan 21The Compensation For Axos Financial, Inc.'s (NYSE:AX) CEO Looks Deserved And Here's Why
Oct 15Here's Why We Think Axos Financial (NYSE:AX) Is Well Worth Watching
Oct 09Axos Financial: After Nearly Doubling, Upside Is Limited
Aug 07Analysts Have Made A Financial Statement On Axos Financial, Inc.'s (NYSE:AX) Full-Year Report
Jul 31Do Axos Financial's (NYSE:AX) Earnings Warrant Your Attention?
Jun 28Does Axos Financial (NYSE:AX) Deserve A Spot On Your Watchlist?
Mar 28Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: AX's Assets to Equity ratio (10.3x) is moderate.
Allowance for Bad Loans: AX has a sufficient allowance for bad loans (205%).
Low Risk Liabilities: 93% of AX's liabilities are made up of primarily low risk sources of funding.
Loan Level: AX has an appropriate level of Loans to Assets ratio (82%).
Low Risk Deposits: AX's Loans to Deposits ratio (97%) is appropriate.
Level of Bad Loans: AX has an appropriate level of bad loans (0.6%).