---
schema_version: "secwatch.filing_event.v1"
accession: "0001299709-23-000120"
form_type: "8-K"
ticker: "AX"
cik: "0001299709"
company_name: "Axos Financial, Inc."
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T08:28:37.042719+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001299709-23-000120
- form_type: 8-K
- ticker: AX
- cik: 0001299709
- company_name: Axos Financial, Inc.
- filed_at: 2023-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1299709/000129970923000120/0001299709-23-000120-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1299709/000129970923000120/ax-20230426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001299709-23-000120
- JSON: https://secwatch.observer/filing/0001299709-23-000120.json
- Plain text: https://secwatch.observer/filing/0001299709-23-000120.txt

## Key facts
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1299709/000129970923000120/0001299709-23-000120-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.