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Sep 30, 2020
Axos Financial Q1 2021 Earnings Report
Diluted earnings per share increased by 33.3% year-over-year.
Key Takeaways
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.
Net income increased by 30.0% year-over-year to $53.0 million.
Diluted earnings per share grew by 33.3% year-over-year to $0.88.
Loan and lease portfolio grew by $1.1 billion, an 11.7% increase compared to the previous year.
Total deposits increased by $1.3 billion, up 14.6% compared to the previous year.
Axos Financial
Axos Financial
Axos Financial Revenue by Segment
Revenue by Segment
Banking Business Revenue
CapyFin.comSecurities Business Revenue
CapyFin.com Forward Guidance
Axos Financial remains focused on prudently managing credit and capital, and growing lending and fee-based businesses.