secwatch.observer — SEC 8-K summary
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Issuer:     Axos Financial, Inc. (AX)
CIK:        0001299709
Form:       8-K
Filed at:   2025-01-28T23:59:59+00:00
Accession:  0001299709-25-000010
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Axos Financial Q2 FY2025 EPS $1.80, adjusted EPS $1.82; NII up 22.5%
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- Net income $104.7M ($1.80 diluted EPS) vs $151.8M ($2.62) prior year, which included $92.4M FDIC gain.
- Adjusted EPS rose 13.8% to $1.82 from $1.60; net interest income $280.1M (+22.5% YoY).
- Non-interest income fell 77.6% to $27.8M due to absence of FDIC loan purchase gain.
- Loan portfolio grew to $20.0B; non-accrual loans increased to 1.26% of total loans (from 0.89% Q1).
- Book value $44.17 per share; CET1 ratio 12.42% vs 12.44% sequentially.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1299709/000129970925000010/0001299709-25-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1299709/000129970925000010/ax-20250128.htm
  HTML page:      https://secwatch.observer/filing/0001299709-25-000010

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