Axos Financial (AX) Reports In-Line Q2 EPS

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Axos Financial, Inc. Reports Second Quarter 2019 Net Income, Up 22.7%

January 29, 2019 4:05 PM EST

Total Assets Reached $9.8 Billion at December 31, 2018

SAN DIEGO--(BUSINESS WIRE)-- Axos Financial, Inc. (NYSE: AX) (Axos), parent company of Axos Bank (the Bank), today announced financial results for the second fiscal quarter ended December31, 2018. Net income was $38.8 million, an increase of 22.7% from $31.7 million for the quarter ended December31, 2017. Earnings attributable to Axos common stockholders were $38.8 million or $0.62 per diluted share for the second quarter of fiscal 2019, an increase of 22.7% from $31.6 million or $0.49 per diluted share for the second quarter ended December31, 2017.

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