Axos Financial

Axos Financial, Inc. to Announce Third Quarter Fiscal 2024 Results on April 30, 2024

Retrieved on: 
Wednesday, March 27, 2024
Banking, Professional Services, Finance, AX, Interest, Axos Bank, Axos Financial

Axos Financial, Inc. (NYSE: AX) (“Axos” or the "Company”), holding company for Axos Bank, Axos Clearing LLC, and Axos Invest, Inc., announced today that it will host a conference call on Tuesday, April 30, 2024 at 5:00 PM ET (2:00 PM PT) to discuss financial results for the third quarter of fiscal 2024 ended March 31, 2024.

Key Points: 
  • Axos Financial, Inc. (NYSE: AX) (“Axos” or the "Company”), holding company for Axos Bank, Axos Clearing LLC, and Axos Invest, Inc., announced today that it will host a conference call on Tuesday, April 30, 2024 at 5:00 PM ET (2:00 PM PT) to discuss financial results for the third quarter of fiscal 2024 ended March 31, 2024.
  • Greg Garrabrants, President and Chief Executive Officer, will be joined on the third quarter 2024 earnings call by Derrick Walsh, Executive Vice President and Chief Financial Officer.
  • The Company plans to distribute its earnings results on Tuesday, April 30, 2024 after 4:00 PM ET (1:00 PM PT).
  • Interested parties may access the live conference call by visiting Axos Financial’s website at http://investors.axosfinancial.com and clicking on the webcast link or by dialing toll-free number 877-407-8293.

Axos Financial, Inc. Announces New $100 Million Stock Repurchase Program

Retrieved on: 
Monday, February 12, 2024
Banking, Asset Management, Professional Services, Finance, Share repurchase, Axos Financial, AX, Car rental

Axos Financial, Inc. (NYSE: AX) (“Axos” or the “Company”) today announced that its Board of Directors authorized a program to repurchase up to $100 million of its common stock.

Key Points: 
  • Axos Financial, Inc. (NYSE: AX) (“Axos” or the “Company”) today announced that its Board of Directors authorized a program to repurchase up to $100 million of its common stock.
  • This new share repurchase authorization is in addition to the existing share repurchase plan approved on April 26, 2023, which has approximately $20 million remaining.
  • The Company may repurchase shares on the open market or through privately negotiated transactions at times and prices considered appropriate by the Company, at the discretion of management, and subject to its assessment of alternative uses of capital, stock trading price, general market conditions and other factors.
  • There is no set start or end date for the new common stock repurchase program.

Axos Bank Listed Among the Best Business Checking Accounts by Forbes Advisor

Retrieved on: 
Monday, February 12, 2024
Finance, Business, Banking, Professional Services, Small Business, Axos Bank, ATM, Small business, Axus, Senior, Axos Financial

Axos Bank, the nationwide bank subsidiary of Axos Financial, Inc. (NYSE: AX), was named in Forbes Advisor’s “Best Business Checking Accounts of February 2024.” Axos ranked in the top banks for Best QuickBooks Compatibility.

Key Points: 
  • Axos Bank, the nationwide bank subsidiary of Axos Financial, Inc. (NYSE: AX), was named in Forbes Advisor’s “Best Business Checking Accounts of February 2024.” Axos ranked in the top banks for Best QuickBooks Compatibility.
  • Forbes Advisor compared 50 checking accounts at 20 banks and credit unions to find the best business checking accounts available.
  • Forbes Advisor also focused on checking accounts that are nationally available to small businesses.
  • “While other banks charge for basic services, our Basic Business Checking accounts have zero monthly maintenance fees, no minimum balance requirement, and free incoming domestic wires,” said Tim Chung, Senior Vice President, Head of Retail Banking and Lending at Axos Bank.

Update in Lawsuit for Investors who purchased shares of, Axos Financial, Inc, f.k.a. BofI Holding, Inc (NYSE: AX, formerly NASDAQ: BOFI) announced by the Shareholders Foundation

Retrieved on: 
Tuesday, February 6, 2024
Axos Financial, SAN, Judgement, Agreement, Settlement, Last Judgment, AX, Court

SAN DIEGO, Feb. 6, 2024 /PRNewswire/ -- The Shareholders Foundation, Inc. announced an update in the lawsuit that is pending for certain investors in Axos Financial, Inc. (NYSE: AX), formerly BofI Holding, Inc. shares.

Key Points: 
  • SAN DIEGO, Feb. 6, 2024 /PRNewswire/ -- The Shareholders Foundation, Inc. announced an update in the lawsuit that is pending for certain investors in Axos Financial, Inc. (NYSE: AX), formerly BofI Holding, Inc. shares.
  • Investors, who purchased (formerly) BofI Holding, Inc. shares prior to March 2016 and continue to hold any of those now Axos Financial, Inc. (NYSE: AX) shares, have also certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554.
  • On April 3, 2017, a lawsuit was filed by an investor in then BofI Holding, Inc. (NASDAQ: BOFI) shares against BofI Holding, Inc, now Axos Financia, Inc. over alleged securities laws violations.
  • Those who purchased (formerly) BofI Holding, Inc. shares prior to March 2016 and continue to hold any of those (now) Axos Financial, Inc. shares should contact the Shareholders Foundation, Inc.

Axos Bank Named A Top Bank In Checking Accounts by GOBankingRates.com

Retrieved on: 
Tuesday, January 23, 2024
Professional Services, Technology, Finance, Banking, Personal Finance, Digital Cash Management, Digital Assets, Axos Bank, FDIC, Retail banking, Axos Financial, AX, ATM

Axos Financial, Inc. (NYSE: AX), parent of Axos Bank, announced today that leading personal finance website GOBankingRates.com named Axos Bank as a Top Bank in America for “Best Checking Accounts.” This is the seventh time since 2015 that Axos Bank has been featured on the GOBankingRates list of best banks .

Key Points: 
  • Axos Financial, Inc. (NYSE: AX), parent of Axos Bank, announced today that leading personal finance website GOBankingRates.com named Axos Bank as a Top Bank in America for “Best Checking Accounts.” This is the seventh time since 2015 that Axos Bank has been featured on the GOBankingRates list of best banks .
  • “We are proud to be recognized as a leader in consumer digital banking,” said Brian Swanson, Axos’ Executive Vice President of Consumer Banking.
  • “Our Essential Checking accounts carry no maintenance fees, no overdraft charges, no minimum balance requirements, and offers unlimited domestic ATM fee reimbursements.
  • With our enhanced Axos All-In-One Mobile Banking app, it’s more convenient than ever to bank with us.”
    Customers can open a variety of consumer checking, savings, money market, and certificate of deposit accounts at https://www.axosbank.com/Personal and through the enhanced Axos All-In-One Mobile Banking app.

Axos Financial, Inc. to Announce Second Quarter Fiscal 2024 Results on January 30, 2024

Retrieved on: 
Thursday, December 28, 2023
Banking, Professional Services, Finance, Axos Bank, AX, Axos Financial, Interest

Axos Financial, Inc. (NYSE: AX) (“Axos” or the "Company”), holding company for Axos Bank, Axos Clearing LLC, and Axos Invest, Inc., announced today that it will host a conference call on Tuesday, January 30, 2024 at 5:00 PM ET (2:00 PM PT) to discuss financial results for the second quarter of fiscal 2024 ended December 31, 2023.

Key Points: 
  • Axos Financial, Inc. (NYSE: AX) (“Axos” or the "Company”), holding company for Axos Bank, Axos Clearing LLC, and Axos Invest, Inc., announced today that it will host a conference call on Tuesday, January 30, 2024 at 5:00 PM ET (2:00 PM PT) to discuss financial results for the second quarter of fiscal 2024 ended December 31, 2023.
  • Greg Garrabrants, President and Chief Executive Officer, will be joined in the second quarter 2024 earnings call by Derrick Walsh, Executive Vice President and Chief Financial Officer.
  • The Company plans to distribute its earnings results on Tuesday, January 30, 2024 after 4:00 PM ET (1:00 PM PT).
  • Interested parties may access the live conference call by visiting Axos Financial’s website at http://investors.axosfinancial.com and clicking on the webcast link or by dialing toll-free number 877-407-8293.

Axos Announces the Election of Sara Wardell-Smith as an Independent Member of the Board of Directors

Retrieved on: 
Wednesday, November 29, 2023
Banking, Professional Services, Finance, NYSE, Axos Financial, AX, Axos Bank, CLS Group, Wells Fargo, Management, Revolut, Axus, Visa

Axos Financial, Inc. (NYSE: AX) (“Axos” or the “Company”) announces the election of Sara Wardell-Smith as an independent director of the Board of Directors of the Company and the Board of Directors of Axos Bank, effective December 1, 2023.

Key Points: 
  • Axos Financial, Inc. (NYSE: AX) (“Axos” or the “Company”) announces the election of Sara Wardell-Smith as an independent director of the Board of Directors of the Company and the Board of Directors of Axos Bank, effective December 1, 2023.
  • Ms. Wardell-Smith has extensive experience in wholesale banking, global payments, fintech partnerships and board service.
  • “On Axos’ behalf, I would like to extend a warm welcome to Sara,” said Paul Grinberg, Chairman of the Board of Directors.
  • “I’m delighted to join a dynamic and diverse board,” stated Sara Wardell-Smith, new director of Axos.

Axos Bank Awarded Best Mobile Banking by GOBankingRates.com

Retrieved on: 
Thursday, October 12, 2023
Professional Services, Technology, Mobile, Wireless, Finance, Banking, Internet, Axos Bank, AX, APY, NYSE, Axos Financial, Online shopping

Axos Financial, Inc. (NYSE: AX), parent of Axos Bank, announced today that leading personal finance website GOBankingRates.com named Axos Bank “Best for Mobile Banking” in America.

Key Points: 
  • Axos Financial, Inc. (NYSE: AX), parent of Axos Bank, announced today that leading personal finance website GOBankingRates.com named Axos Bank “Best for Mobile Banking” in America.
  • This is the sixth time since 2015 that Axos Bank has been featured on GOBankingRates’ list of best banks .
  • “We are proud to be recognized as a leading digital bank,” said Brian Swanson, Executive Vice President of Axos’ Consumer Banking.
  • “With the recent launch of our next-generation consumer online banking and enhanced Axos All-In-One Mobile Banking app, we continue to introduce new features that make it easier and more convenient to bank with us.”
    Customers can open a variety of checking, savings, money market, and certificate of deposit accounts at https://www.axosbank.com/Personal/Checking and through Axos Bank’s mobile app.

Axos Financial, Inc. to Announce First Quarter Fiscal 2024 Results on October 26, 2023

Retrieved on: 
Wednesday, September 27, 2023
Banking, Asset Management, Professional Services, Finance, Interest, NYSE, AX, Axos Bank, Axos Financial

Axos Financial, Inc. (NYSE: AX) (“Axos” or the "Company”), holding company for Axos Bank, Axos Clearing LLC, and Axos Invest, Inc., announced today that it will host a conference call on Thursday, October 26, 2023 at 5:00 PM ET (2:00 PM PT) to discuss financial results for the first quarter of fiscal 2024 ended September 30, 2023.

Key Points: 
  • Axos Financial, Inc. (NYSE: AX) (“Axos” or the "Company”), holding company for Axos Bank, Axos Clearing LLC, and Axos Invest, Inc., announced today that it will host a conference call on Thursday, October 26, 2023 at 5:00 PM ET (2:00 PM PT) to discuss financial results for the first quarter of fiscal 2024 ended September 30, 2023.
  • Greg Garrabrants, President and Chief Executive Officer, will be joined in the first quarter 2024 earnings call by Derrick Walsh, Executive Vice President and Chief Financial Officer, and by Andrew Micheletti, Executive Vice President, Finance.
  • The Company plans to distribute its earnings results on Thursday, October 26, 2023 after 4:00 PM ET (1:00 PM PT).
  • Interested parties may access the live conference call by visiting Axos Financial’s website at http://investors.axosfinancial.com and clicking on the webcast link or by dialing toll-free number 877-407-8293.

Axos Financial, Inc. Announces 52% Growth in Diluted EPS to $1.46

Retrieved on: 
Thursday, July 27, 2023
Banking, Professional Services, Finance, Webcast, Sale, Growth, Advertising, Bank, FDIC, Risk, Axos Financial, Cryptocurrency, Pharmaceutical industry, Real estate, Security (finance), Axus

Earnings per diluted share was $5.07, an increase of $1.10, or 27.7%, as compared to earnings per diluted share of $3.97 for the year ended June 30, 2022.

Key Points: 
  • Earnings per diluted share was $5.07, an increase of $1.10, or 27.7%, as compared to earnings per diluted share of $3.97 for the year ended June 30, 2022.
  • “Double-digit growth in net interest income and a net interest margin above the high end of our long-term target were the primary contributors to our strong results.
  • “Even without these non-recurring benefits, our earnings per diluted share results would represent year-over-year growth of 44%.
  • The conference call will be webcast live and both the webcast and the earnings supplement may be access at Axos’ website, http://www.axosfinancial.com .