earnings
confidence high
sentiment positive
materiality 0.80
Axos Financial reports Q2 FY2023 net income $81.6M, up 34% YoY; diluted EPS $1.35
Axos Financial, Inc.
2023-Q2 EPS reported
$2.31
- Diluted EPS $1.35 vs $1.00 a year ago (+35%); adjusted EPS $1.38 vs $1.04 (+33%).
- Net interest income $199.9M (+37.3% YoY) driven by loan growth and higher rates.
- Non-interest income $28.3M (-8% YoY) due to lower mortgage banking revenue.
- Non-performing loans dropped to $95.0M from $120.5M prior quarter; total loans grew $265M to $15.65B.
- Record quarterly earnings; all metrics exceed prior year.