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
It's Unlikely That Axos Financial, Inc.'s (NYSE:AX) CEO Will See A Huge Pay Rise This Year
Nov 08
We Ran A Stock Scan For Earnings Growth And Axos Financial (NYSE:AX) Passed With Ease
Oct 18Axos Bank: Taking An Axe To The Loan Book
Sep 26Axos Financial: When Quality Deserves A Premium
Aug 14Does Axos Financial (NYSE:AX) Deserve A Spot On Your Watchlist?
Jun 07Earnings Beat: Axos Financial, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
May 03Axos: 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 01We 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 02Financial 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%).