Axos Financial (AX) Reports In-Line Q1 EPS

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Go back to Axos Financial (AX) Reports In-Line Q1 EPS

Axos Financial, Inc. Reports First Quarter 2019 Net Income

October 24, 2018 4:30 PM EDT

Loan Portfolio up 15.2%, Year-over-Year

SAN DIEGO--(BUSINESS WIRE)-- Axos Financial, Inc. (NYSE: AX) (Axos), parent company of Axos Bank (the Bank), today announced financial results for the first fiscal quarter ended September30, 2018. Net income was $36.8 million, an increase of 13.8% from $32.4 million for the quarter ended September30, 2017. Earnings attributable to Axos common stockholders were $36.8 million or $0.58 per diluted share for the first quarter of fiscal 2019, an increase of 13.8% from $32.3 million or $0.50 per diluted share for the first quarter ended September30, 2017.

Adjusted earnings and adjusted earnings per diluted common share (adjusted EPS), non-GAAP measures, which exclude... More