Company: AX
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0001299709-25-000087
Chunk: 22

Company: Axos Financial, Inc.
Filing Date: 2025-04-30
Form: 10-Q
Item: Part I, Item 1
Chunk 22
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,863 674,867 NON-INTEREST INCOME:Broker-dealer fee income12,121 12,087 34,220 37,083 Advisory fee income8,120 8,105 24,047 23,686 Banking and service fees10,254 8,876 28,680 27,287 Mortgage banking and servicing rights income1,499 2,180 152 6,811 Prepayment penalty fee income1,379 1,915 2,682 4,535 Gain on acquisition— — — 92,397 Total non-interest income33,373 33,163 89,781 191,799 NON-INTEREST EXPENSE:Salaries and related costs74,677 67,419 223,067 182,113 Data and operational processing21,776 18,243 60,075 52,653 Depreciation and amortization6,847 7,221 21,328 19,587 Advertising and promotional11,437 10,282 36,735 30,451 Professional services8,243 9,073 27,210 24,860 Occupancy and equipment4,645 4,254 13,169 12,101 FDIC and regulatory fees7,620 5,232 20,568 13,616 Broker-dealer clearing charges4,177 4,459 12,783 14,419 General and administrative expense6,839 7,045 24,111 25,773 Total non-interest expense146,261 133,228 439,046 375,573 INCOME BEFORE INCOME TAXES148,076 155,541 457,598 491,093 INCOME TAXES42,870 44,821 135,365 145,957 NET INCOME$105,206 $110,720 $322,233 $345,136 Basic earnings per common share$1.84 $1.94 $5.65 $5.98 Diluted earnings per common share$1.81 $1.91 $5.55 $5.88 

See accompanying notes to the condensed consolidated financial statements.

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Table of Contents

AXOS FINANCIAL, INC.

CONDENSED CONSOLIDATED STATE