Company: AX
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001299709-25-000184
Chunk: 54

Company: Axos Financial, Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 54
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47.24 Forfeited(26,093)57.93 Non-vested balance at September 30, 20251,669,109 $64.81  The total fair value of shares vested for the three months ended September 30, 2025 and September 30, 2024 was $22.8 million and $22.5 million, respectively.Common Stock Repurchase ProgramAs of September 30, 2025, there was $148.1 million of share repurchase authorization remaining under the Compnay’s common stock repurchase program. The share repurchase program will continue in effect until terminated by the Board of Directors of the Company. There were no common stock repurchases pursuant to such program for the three months ended September 30, 2025 and 2024. For additional information regarding the Company’s share repurchase program, see Note 15—“Stockholders' Equity” in the 2025 Form 10-K.At-the-Market Equity OfferingOn January 28, 2025, the Company entered into an equity distribution agreement pursuant to which the Company may issue and sell through distribution agents from time to time shares of the Company’s common stock in at-the-market offerings with an aggregate offering price of up to $150,000,000. The Company will issue the stock pursuant to a previously effective registration statement and a prospectus supplement filed with the SEC on January 28, 2025. No shares of the Company’s common stock have been issued pursuant to this offering.

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Accumulated Other Comprehensive IncomeAOCI includes the after-tax change in unrealized gains and losses on investment securities and cash flow hedging activities.For the Three Months Ended September 30, 2025(Dollars in thousands)Unrealized gain (loss) on available-for-sale securitiesCash flow hedgesAccumulated other comprehensive incomeBalance at June 30, 2025$(780)$1,128 $348 Other comprehensive income/(loss)254 (538)(284)Balance at September 30, 2025$(526)$590 $64 For the Three Months Ended September 30, 2024(Dollars in thousands)Unrealized gain (loss) on available-for-sale securitiesCash flow hedgesAccumulated other comprehensive incomeBalance at June 30, 2024$(2,466)$— $(2,466)Other comprehensive income/(loss)1,319 382 1,701 Balance at September