Axos Financial (AX) Tops Q4 EPS by 13c

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Axos Financial, Inc. Announces Record Net Income of $240.7 million for Fiscal 2022

August 4, 2022 4:05 PM EDT

Net Interest Margin Expanded by 21 Basis Points to 4.13% in Fiscal 2022

LAS VEGAS--(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, 2022. Net income for the quarter was $57.9 million, an increase of 6.7% over net income of $54.3 million for the quarter ended June 30, 2021. Earnings per diluted share for the quarter were $0.96, an increase of $0.06, or 6.7%, as compared to earnings per diluted share of $0.90 for the quarter ended June 30, 2021.

Adjusted earnings and... More