secwatch.observer — SEC 8-K summary
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Issuer:     Axos Financial, Inc. (AX)
CIK:        0001299709
Form:       8-K
Filed at:   2025-04-30T23:59:59+00:00
Accession:  0001299709-25-000086
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Axos Q3 fiscal 2025 net income falls 5% to $105.2M; EPS $1.81 vs $1.91 YoY
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- Net income $105.2M ($1.81 diluted EPS) vs $110.7M ($1.91) year ago, down 5.0%.
- Adjusted EPS (non-GAAP) $1.81 vs $1.94, down 6.7%; net interest income up 5.3% to $275.5M.
- Provision for credit losses jumped to $14.5M from $6.0M in Q3 2024, pressuring earnings.
- Non-accrual loans improved to 0.89% of total loans from 1.26% at Dec 31, 2024.
- Total deposits $20.14B; book value per share $45.79; CET1 ratio held at 12.39%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1299709/000129970925000086/0001299709-25-000086-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1299709/000129970925000086/ax-20250430.htm
  HTML page:      https://secwatch.observer/filing/0001299709-25-000086

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer