Axos Financial reported a decrease in net income and diluted EPS for the third fiscal quarter of 2025 compared to the prior year, despite an increase in net interest income. The decrease was primarily due to higher provision for credit losses and increased non-interest expenses.
Axos Financial, Inc. reported a net income of $104.7 million and diluted EPS of $1.80 for the quarter ended December 31, 2024. Adjusted EPS increased to $1.82 compared to $1.60 for the quarter ended December 31, 2023. Net interest margin was 4.83%. Total assets reached $23.7 billion and total deposits were $19.9 billion.
Axos Financial, Inc. reported a net income of $112.3 million for the first quarter of fiscal year 2025, representing a 35.9% increase compared to the same quarter last year. Diluted earnings per share (EPS) increased by 39.9% year-over-year to $1.93. The company's net interest income rose by 38.3%, driven by expansion in net interest margin.
Axos Financial, Inc. reported a strong fourth quarter and fiscal year 2024, with a 20.1% increase in net income for the quarter and a 46.5% increase for the fiscal year. EPS also saw substantial growth, and credit quality remained strong. The company continues to operate efficiently and profitably.
Axos Financial, Inc. reported a strong third quarter for fiscal year 2024, with a 38.7% increase in net income to $110.7 million and a 44.7% increase in diluted earnings per share to $1.91 compared to the same quarter last year. The company saw growth in net interest income and non-interest income, driven by diversified channels across consumer and commercial banking.
Axos Financial, Inc. announced record second quarter fiscal 2024 results with net income of $151.8 million, an 86.1% increase year-over-year, and diluted earnings per share of $2.62, a 94.1% increase year-over-year. The results were driven by strong organic loan and deposit growth, net interest margin expansion, disciplined expense management and a gain associated with an opportunistic loan purchase from the FDIC.
Axos Financial, Inc. reported a strong first quarter for fiscal year 2024, with net income increasing by 41.5% to $82.6 million and diluted earnings per share rising by 42.3% to $1.38, driven by net interest income growth and rising net interest margins.
Axos Financial, Inc. reported a strong fourth quarter with a 52% increase in diluted EPS to $1.46 and a 23% increase in net interest income. The company achieved record earnings and maintained strong credit quality and liquidity.
Axos Financial, Inc. reported a strong fiscal third quarter with a 29% increase in net income to $79.9 million compared to the same period last year. Diluted earnings per share also increased by 29% to $1.32. The company's performance was driven by growth in deposits, net interest income, and a stable net interest margin.
Axos Financial, Inc. reported a strong fiscal second quarter with a 34% increase in net income to $81.6 million and a 35% increase in diluted earnings per share to $1.35 compared to the same quarter last year. The company saw growth in net interest income, driven by net interest margin expansion and loan growth, and maintained strong credit quality.
Axos Financial, Inc. reported net income of $58.4 million, a decrease of 3% year-over-year, and diluted earnings per share of $0.97, a decrease of 2% year-over-year. Adjusted earnings increased 15% to $71.6 million, and adjusted EPS increased 15% to $1.18.
Axos Financial, Inc. reported net income of $57.9 million for the quarter ended June 30, 2022, a 6.7% increase compared to the same period last year. The company's net interest margin increased by 17 basis points linked quarter to 4.19%.
Axos Financial, Inc. reported a net income of $61.8 million, a 15.2% increase compared to the same period last year. Diluted earnings per share increased by 14.6% to $1.02. Net loan balances increased by 15.4% annualized, and total deposits increased 3.8% (15.1% annualized).
Axos Financial, Inc. reported a net income of $60.8 million for the second quarter of fiscal year 2022, an 11.0% increase compared to the same period last year. Diluted earnings per share increased by 9.9% to $1.00. The company experienced growth in loans, EPS, and book value per share, driven by strong performance in auto, commercial real estate, and C&I lending categories.
Axos Financial, Inc. reported a strong first quarter for fiscal year 2022, with net income of $60.2 million, a 13.6% increase from the previous year. The company saw growth in net loans and net interest margin, driven by robust originations and reduced funding costs. Strong profitability and returns were reflected in the return on assets, return on equity, and efficiency ratio for the banking business segment.
Axos Financial, Inc. reported a strong fourth quarter and full fiscal year, with record net income for the fiscal year and increased earnings per share for the fourth quarter. The company's net interest income grew, driven by growth in average assets and a stable net interest margin.
Axos Financial, Inc. reported a decrease in net income and earnings per share for the third quarter of fiscal year 2021 compared to the same period last year. However, net interest margins improved, and loan balances excluding mortgage warehouse were up. The company also announced the acquisition of E*TRADE Advisor Services.
Axos Financial, Inc. reported record fiscal second quarter 2021 results. Net income increased 32.7% to $54.8 million, and diluted earnings per share increased 35.8% to $0.91.
Axos Financial reported a strong first quarter with net income of $53.0 million and diluted earnings per share of $0.88, representing increases of 30.0% and 33.3% year-over-year, respectively. The company experienced growth in net interest income and mortgage banking income, while maintaining healthy credit quality and a strong capital position.
Axos Financial, Inc. reported a net income of $45.3 million for the fourth fiscal quarter ended June 30, 2020, an 11.5% increase compared to the same period in the previous year. Diluted earnings per share increased by 13.6% year-over-year to $0.75. The company's net interest income and non-interest income also saw double-digit percentage increases.
Axos Financial, Inc. announced record third quarter earnings for fiscal year 2020. Net income increased by 44.4% compared to the same quarter last year, driven by growth in the bank's loan and lease portfolio.
Axos Financial, Inc. reported a net income of $41.3 million for the second quarter of fiscal year 2020, a 6.3% increase compared to the same quarter of the previous year. The increase was due to strong loan growth and stable net interest margins.