Axos Financial (AX) Tops Q4 EPS by 21c

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Axos Financial, Inc. Announces Record Net Income of $183.4 Million for Fiscal 2020

July 29, 2020 4:05 PM EDT

Earnings Per Share for the Fourth Quarter of Fiscal 2020 up 13.6% Year-over-Year

SAN DIEGO--(BUSINESS WIRE)-- Axos Financial, Inc. (NYSE: AX) (Axos), parent company of Axos Bank (the Bank), today announced unaudited financial results for the fourth fiscal quarter and full fiscal year ended June 30, 2020. Net income for the quarter was $45.3 million, an increase of 11.5% over net income of $40.6 million for the quarter ended June 30, 2019. Earnings attributable to Axos common stockholders were $45.2 million or $0.75 per diluted share for the fourth quarter of fiscal 2020, an increase of 11.5% from $40.6 million or $0.66 per diluted share for the... More