Axos Financial (AX) Tops Q1 EPS by 15c

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Axos Financial, Inc. Reports Record First Quarter Fiscal 2022 Results

October 28, 2021 4:15 PM EDT

Diluted Earnings Per Share in First Quarter 2022 up 12.5% 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 first quarter ended September 30, 2021. Net income was $60.2 million, an increase of 13.6% from $53.0 million for the quarter ended September 30, 2020. Earnings attributable to Axos common stockholders was $60.2 million or $0.99 per diluted share for the first quarter of fiscal 2022, an increase of 13.7% from $52.9 million and 12.5% from $0.88 per diluted share for the first quarter of fiscal 2021.

Adjusted earnings and adjusted earnings... More