secwatch.observer — SEC 8-K summary
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Issuer:     Axos Financial, Inc. (AX)
CIK:        0001299709
Form:       8-K
Filed at:   2023-04-27T23:59:59+00:00
Accession:  0001299709-23-000120
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1299709/000129970923000120/0001299709-23-000120-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1299709/000129970923000120/ax-20230426.htm
  HTML page:      https://secwatch.observer/filing/0001299709-23-000120

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