Axos Financial (AX) Tops Q3 EPS by 5c

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

April 28, 2022 4:05 PM EDT

Diluted Earnings Per Share in Third Quarter 2022 up 14.6% Year-Over-Year

LAS VEGAS--(BUSINESS WIRE)-- Axos Financial, Inc. (NYSE: AX) (Axos), parent company of Axos Bank (the Bank), today announced unaudited financial results for the third fiscal quarter ended March 31, 2022. Net income was $61.8 million, an increase of 15.2% from $53.6 million for the three months ended March 31, 2021. Earnings per diluted share was $1.02, an increase of $0.13, or 14.6%, as compared to earnings per diluted share of $0.89 for the three months ended March 31, 2021.

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