earnings
confidence high
sentiment positive
materiality 0.75
Axos Financial reports record FY2024 net income $450M; Q4 EPS $1.80, up 23% YoY
Axos Financial, Inc.
2024-FY EPS reported
$7.66
revenue$64,641,000
- Net income $104.9M in Q4 FY2024, up 20.1% YoY; diluted EPS $1.80 vs $1.46.
- Net interest income $260M, up 27.6% YoY; net interest margin 4.65% vs 4.19%.
- Total loans (net) grew 16.8% to $19.2B; deposits grew 13.1% to $19.4B.
- Allowance for credit losses $260.5M, up from $166.7M; non-accrual loans 0.57% of total loans.
- Record full-year net income $450M, up 46.5% vs FY2023; includes $92.4M gain on FDIC loan purchase.