Company: AX
Filing Date: 2025-08-21
Form Type: 10-K
Source: 0001299709-25-000125
Chunk: 141

Company: Axos Financial, Inc.
Filing Date: 2025-08-21
Form: 10-K
Item: Item 7
Chunk 141
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.0%, to $2.7 billion at June 30, 2025, up from $2.3 billion at June 30, 2024. The increase in stockholders’ equity primarily reflects net income of $432.9 million, partially offset by repurchases of $58.5 million of common stock.

Loan Portfolio Composition. The following table sets forth the composition of our loan portfolio: 

At June 30,202520242023(Dollars in thousands)AmountPercentAmountPercentAmountPercentSingle Family - Mortgage & Warehouse$4,395,278 20.4 %$4,178,832 21.1 %$4,173,833 25.1 %Multifamily and Commercial Mortgage2,940,739 13.6 %3,861,931 19.5 %3,082,225 18.5 %Commercial Real Estate6,937,187 32.2 %6,088,622 30.7 %6,199,818 37.2 %Commercial & Industrial - Non-RE6,795,497 31.6 %5,241,766 26.5 %2,639,650 15.8 %Auto & Consumer482,996 2.2 %431,660 2.2 %556,500 3.4 %Total loans held for investment$21,551,697 100 %$19,802,811 100 %$16,652,026 100 %Allowance for credit losses(290,049)(260,542)(166,680)Unamortized premiums/discounts, net of deferred loan fees(212,038)(310,884)(28,618)Net loans held for investment$21,049,610 $19,231,385 $16,456,728 

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The following table sets forth the amount of loans maturing in our total loans held for investment based on the contractual terms to maturity:

 Term to Contractual Maturity as of June 30, 2025(Dollars in thousands)Less Than Three MonthsOver Three Months Through One YearOver One Year Through Five YearsOver 5 Years Through 15 YearsOver 15 YearsTotalSingle Family - Mortgage & Warehouse$113,043 $586,963 $74,690 $85,373 $3,535,209 $4