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.
Net income for the quarter was $45.3 million, up 11.5% year-over-year.
Diluted EPS increased 13.6% year-over-year to $0.75.
Net interest income increased 16.8% year-over-year.
Non-interest income increased 23.6% year-over-year due to strong mortgage banking results.
Axos Financial did not provide specific forward guidance in the earnings report.
Visualization of income flow from segment revenue to net income