Axos Financial, Inc.

NYSE:AX Stock Report

Market Cap: US$4.1b

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

Axos: Fed's Hawkish Forecast Hits Two Birds With One Stone

Dec 21

It's Unlikely That Axos Financial, Inc.'s (NYSE:AX) CEO Will See A Huge Pay Rise This Year

Nov 08
It's Unlikely That Axos Financial, Inc.'s (NYSE:AX) CEO Will See A Huge Pay Rise This Year

We Ran A Stock Scan For Earnings Growth And Axos Financial (NYSE:AX) Passed With Ease

Oct 18
We Ran A Stock Scan For Earnings Growth And Axos Financial (NYSE:AX) Passed With Ease

Axos Bank: Taking An Axe To The Loan Book

Sep 26

Axos Financial: When Quality Deserves A Premium

Aug 14

Does Axos Financial (NYSE:AX) Deserve A Spot On Your Watchlist?

Jun 07
Does Axos Financial (NYSE:AX) Deserve A Spot On Your Watchlist?

Earnings Beat: Axos Financial, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

May 03
Earnings Beat: Axos Financial, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Axos: A Very Profitable Business At An Attractive Price

Apr 06

Earnings Beat: Axos Financial, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Feb 01
Earnings Beat: Axos Financial, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

We Ran A Stock Scan For Earnings Growth And Axos Financial (NYSE:AX) Passed With Ease

Jan 08
We Ran A Stock Scan For Earnings Growth And Axos Financial (NYSE:AX) Passed With Ease

Axos Financial Surges On 2 Big Developments

Dec 12

Axos Financial: Looking For More Than Just Good EPS Growth

Sep 21

Here's Why Axos Financial (NYSE:AX) Has Caught The Eye Of Investors

Sep 09
Here's Why Axos Financial (NYSE:AX) Has Caught The Eye Of Investors

Axos Financial: 3 Factors To Monitor In Coming Months

Jun 27

Is Now The Time To Put Axos Financial (NYSE:AX) On Your Watchlist?

Apr 26
Is Now The Time To Put Axos Financial (NYSE:AX) On Your Watchlist?

Should You Be Adding Axos Financial (NYSE:AX) To Your Watchlist Today?

Jan 24
Should You Be Adding Axos Financial (NYSE:AX) To Your Watchlist Today?

Axos Financial FQ1 2023 Earnings Preview

Oct 26

Gator Capital - Axos Financial: An Outsized Opportunity

Aug 27

Is Now The Time To Put Axos Financial (NYSE:AX) On Your Watchlist?

Aug 17
Is Now The Time To Put Axos Financial (NYSE:AX) On Your Watchlist?

Here's Why I Think Axos Financial (NYSE:AX) Might Deserve Your Attention Today

May 02
Here's Why I Think Axos Financial (NYSE:AX) Might Deserve Your Attention Today

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Financial Institutions Analysis

Asset Level: AX's Assets to Equity ratio (9.8x) is low.

Allowance for Bad Loans: AX has a sufficient allowance for bad loans (149%).

Low Risk Liabilities: 94% 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 (83%).

Low Risk Deposits: AX's Loans to Deposits ratio (98%) is appropriate.

Level of Bad Loans: AX has an appropriate level of bad loans (0.9%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 21:28
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Axos Financial, Inc. is covered by 19 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephen MossB. Riley Securities, Inc.
Scott ValentinCompass Point Research & Trading, LLC
Bradley BerningCraig-Hallum Capital Group LLC