Axos Q3 net income up 29% to $79.9M; $100M share buyback authorized

Axos Financial, Inc.

2023-Q3 EPS reported $3.63

Net income $79.9M, diluted EPS $1.32 (+29% YoY); adjusted EPS $1.35.
Net interest income $199.0M, up 33.1% YoY, driven by loan growth.
Board authorized new $100M share repurchase program; existing plan had $21M remaining.
NPLs stable at 0.60% of total loans; allowance for credit losses $161.3M (1.01%).
Loans grew $371M in Q3 led by single-family mortgages and multifamily commercial.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Axos Financial, Inc. reported fiscal third quarter ended March 31, 2023 results: net income $79.9 million, EPS $1.32.

Period: fiscal third quarter ended March 31, 2023
Net income: $79.9 million
EPS: $1.32
Result: reported results

Exact text from the filing

Net income was $79.9 million, an increase of 29% from $61.8 million for the quarter ended March 31, 2022. Diluted earnings per share were $1.32, an increase of $0.30, or 29%, as compared to diluted earnings per share of $1.02 for the quarter ended March 31, 2022.

View on SEC.gov

Browse all earnings releases →

Axos Financial, Inc. filing history →

Source: SEC EDGAR

accession 0001299709-23-000120

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.