In the current trading session, Axos Financial, Inc. (AX) is priced at $90.42, marking a $1.15 increase from the previous close. Notable insider trading activity by Constantine Thomas M, EVP and Chief Credit Officer, involved a sale transaction valued at $176,574 on Monday, June 8th. The trading volume stands at $69,843, representing a 17.39% increase relative to the average volume.
Axos Financial's latest quarterly earnings report, released on Wednesday, April 29th, revealed a consensus estimate EPS of 2.13. The revenue and profit margin figures for the quarter are not available.
The company's cash flow highlights a positive trend, with a net change in cash of $448 million. Operating cash flow amounted to $42 million, while debt repayment stood at -$849.44 million. Free cash flow reached $69.87 million.
Axos Financial reported a revenue of $564.23 million, yielding a gross profit of $351.25 million. Operating expenses totaled $185.95 million, resulting in a net income of $124.68 million. The EPS and diluted EPS were $2.2 and $2.15, respectively.
Key financial ratios indicate a healthy financial position for AX, with notable metrics like a net profit margin of 22.1%, return on equity of 4.07%, and a price-to-earnings ratio of 9.65.
The balance sheet showcases total assets of $29.25 billion, with cash and cash equivalents amounting to $1.17 billion. Total liabilities stand at $26.18 billion, indicating a stable financial structure.
This real-time financial report provides insights into Axos Financial, Inc.'s current performance and financial health.
Axos Financial, Inc., together with its subsidiaries, provides consumer and business banking products in the United States. It operates through Banking Business and Securities Business segments. The company offers deposits products, including consumer and business checking, demand, savings, time deposit, money market, zero balance, and insured cash sweep accounts. It also provides single family, multifamily, and commercial mortgage loans; commercial real estate secured loans; commercial and industrial non-real estate, asset-backed, lines of credit, and term loans; automobile loans; fixed rate term unsecured loans; and other loans, such as structure settlements, small business administration consumer loans, and securities-backed loans. In addition, the company offers ACH origination, wire transfer, commercial check printing, business bill pay and account transfer; remote deposit capture, mobile deposit, lockbox, merchant, and online payment portal; concierge banking; mobile and text messaging banking; and payment services, as well as debit and credit cards, and digital wallets. Further, it provides disclosed clearing services; back-office services, such as record keeping, trade reporting, accounting, general back-office support, securities and margin lending, reorganization assistance, and custody of securities; and financing to brokerage customers. The company was formerly known as BofI Holding, Inc. and changed its name to Axos Financial, Inc. in September 2018. Axos Financial, Inc. was incorporated in 1999 and is based in Las Vegas, Nevada.