Axos Financial Inc Stock Price, News & Analysis

Axos Clearing, a subsidiary of Axos Financial (NYSE: AX), has announced a strategic partnership with Alden Investment Group, an independent wealth management firm. The partnership leverages Axos Complete™, a fully integrated technology suite that connects front, middle, and back-office operations.

Through this collaboration, Alden will utilize Axos Complete™ to streamline operations and provide advisors with a professional workstation while offering clients a branded digital portal. The platform enables unified management of both RIA and broker-dealer business lines, providing real-time access to banking, investment accounts, and reports in one connected experience.

Axos Financial (NYSE: AX) has announced a significant expansion of its stock repurchase program, with its Board of Directors authorizing an additional $100 million increase. This expansion adds to the existing buyback program announced in April 2023, of which approximately $48 million remains from the previous increase made in February 2024.

The company maintains flexibility in executing the repurchases, which can be conducted through open market or private transactions. The timing and pricing of buybacks will be at management's discretion, considering factors such as alternative capital uses, stock price, market conditions, and other variables. The program has no predetermined start or end date.

Axos Financial reported its Q3 fiscal 2025 results with net income of $105.2 million and diluted earnings per share of $1.81, showing a decrease from $110.7 million and $1.91 EPS in Q3 2024. The company achieved strong loan growth of over $700 million, marking its strongest quarter in FY2025.

Key highlights include:

• Net loan balances reached $20.2 billion, up 3.6% from December 2024
• Total deposits increased to $20.1 billion
• Net interest margin was 4.78%
• Book value per share grew 19% to $45.79

The company's credit quality improved with declining non-performing assets, while net interest income rose 5.3% to $275.4 million. Axos repurchased approximately $28 million of common stock in Q3 and an additional $30 million in April 2025. The company's total assets increased 4.9% to $24.0 billion, while stockholders' equity grew 13.7% to $2.6 billion.

Axos Financial (NYSE: AX) has scheduled its third quarter fiscal 2025 earnings conference call for Wednesday, April 30, 2025, at 5:00 PM ET (2:00 PM PT). The company will release its financial results for the quarter ended March 31, 2025, after market close at 4:00 PM ET on the same day.

The earnings discussion will be led by executive management and will be accessible via webcast on the company's investor relations website or by dialing 877-407-8293. For those unable to attend the live broadcast, a replay will be available until May 30, 2025, through the company's website or by calling 877-660-6853 with passcode 13752664.

Axos Bank (NYSE: AX) has announced the launch of its Middle Market Banking Division, targeting companies with revenues between $25 million to $3 billion in the aerospace and defense, gaming, and healthcare sectors. The division will be led by industry veteran Kristian Ilkov, who joins as Executive Vice President from Umpqua Bank.

The new division will provide comprehensive banking solutions including treasury management services and tailored financing solutions. Ilkov brings extensive experience, having previously served at Bank of the West/BNP Paribas for fifteen years in various senior roles.

This strategic expansion aims to capitalize on market disruptions in specific industry verticals, with a focus on providing hands-on relationship management and customized banking solutions for middle market clients.

Ascendion and Axos Bank (NYSE: AX) have announced a strategic partnership to transform high-net-worth digital banking through the Zenith platform. The collaboration aims to enhance Axos' multi-entity solution that provides accounting, cash management, bill pay, payroll, and integrated banking services, primarily serving the entertainment industry.

The partnership will leverage AI-powered engineering systems to deliver hyper-personalized customer experiences, accelerate market share growth, and streamline operational processes. Key features include self-healing algorithms for improved uptime, predictive analytics, and AI-enhanced development using Ascendion's AVA+ platform.

The modernized platform will focus on creating a standardized architecture, implementing AI-enhanced features, and increasing developer productivity while reducing time and costs for business managers' daily operations.

Axos Bank, a subsidiary of Axos Financial, Inc. (NYSE: AX), has been recognized on Forbes' 2025 America's Best Banks list. The ranking evaluated the top 200 publicly traded banks and thrifts, selecting the top 100 based on 11 key metrics over the period ending September 30, 2024, with stock performance tracked through January 10, 2025.

The assessment included ten equally-weighted financial metrics:

• Net interest margin
• Return on average tangible common equity
• Return on average assets
• CET1 ratio
• Efficiency ratio
• Nonperforming assets percentage
• Reserves percentage
• Risk-based capital ratio
• Operating revenue growth
• Net charge-offs percentage

This marks Axos Bank's fourth recognition by Forbes since 2019, highlighting the success of their diversified consumer and commercial banking model.

Future Capital and Axos Clearing, a subsidiary of Axos Financial Inc. (NYSE: AX), have announced an integration enabling financial advisors to manage clients' workplace retirement accounts. The partnership integrates Future Capital's Core and Construct platforms into the Axos Professional Workstation, part of Axos Complete ecosystem.

Through Core, advisors can connect clients to Future Capital's discretionary management service for held-away retirement assets. The Construct platform allows advisors to exercise full discretionary authority over retirement accounts, build custom portfolios, and set their own fee arrangements. The integration aims to help advisors increase assets under administration while providing more comprehensive wealth management services.

Key features include managing held-away 401(k) assets, building custom allocations, determining fee structures, introducing accounts to Future Capital for management, identifying rollover opportunities, and accessing comprehensive household financial data.

Axos Financial (NYSE: AX) reported Q2 FY2025 results with net income of $104.7 million and diluted EPS of $1.80, compared to $151.8 million and $2.62 in Q2 FY2024. The previous year's quarter included a one-time $92.4 million FDIC Loan Purchase gain. Excluding this gain, adjusted earnings increased by $13.4 million to $105.8 million.

Key highlights include: net interest margin of 4.83%, net interest income of $280.1 million (up 22.5% YoY), and total assets reaching $23.7 billion (up 7.5% annualized from June 2024). Total deposits grew to $19.9 billion, while book value per share increased 20.9% YoY to $44.17. The company maintained strong capital positions with total capital to risk-weighted assets at 15.23%.