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Stock impact report

Axos Financial, Inc. Reports First Quarter Fiscal Year 2025 Results

Axos Financial, Inc. (AX) 
Company Research Source: Business Wire
LAS VEGAS, Nev.--(BUSINESS WIRE)--Axos Financial, Inc. (NYSE: AX) (“Axos” or the “Company”) today announced unaudited financial results for the first fiscal quarter ended September 30, 2024. Net income was $112.3 million, an increase of 35.9% from $82.6 million for the quarter ended September 30, 2023. Diluted earnings per share (“EPS”) were $1.93, an increase of $0.55, or 39.9%, as compared to diluted earnings per share of $1.38 for the quarter ended September 30, 2023.Adjusted earnings and adjusted earnings per diluted common share (“Adjusted EPS”), non-GAAP measures described further below, increased $29.5 million to $114.1 million and increased $0.55 to $1.96, respectively, for the quarter ended September 30, 2024, compared to $84.6 million and $1.41, respectively, for the quarter ended September 30, 2023.First Quarter Fiscal 2025 Financial Summary Three Months EndedSeptember 30,  (Dollars in thousands, except per share data) 2024  2023 % ChangeNet interest income$292,048 $211 Show less Read more
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