Company: AX
Filing Date: 2025-09-16
Form Type: 424B5
Source: 0001299709-25-000147
Chunk: 25

Company: Axos Financial, Inc.
Filing Date: 2025-09-16
Form: 424B5
Chunk 25
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 2030 Notes.

Should we not meet the condition set forth in the 2020 Note Redemption Notice or otherwise waive the condition (which we can do at our sole discretion), we will not redeem the 2030 Notes on October 1, 2025. If so, we may redeem the 2030 Notes at a later date.

### CAPITALIZATION
The following table sets forth our consolidated capitalization as of June 30, 2025:

• On an actual basis;

• As adjusted to give effect to the sale of approximately $ aggregate principal amount of Notes pursuant to this offering; and

• As further adjusted to give effect to the sale of $ aggregate principal amount of Notes pursuant to this offering and the redemption of all of our 2030 Notes.

This information should be read together with our consolidated financial statements and other financial information set forth in the 2025 Form 10-K , and incorporated by reference in this prospectus supplement and the accompanying prospectus.

<div align='center'>S-15</div>

|                                        |     | As of June 30, 2025 |     |           |     |          |     |                  |
|:---------------------------------------|:----|--------------------:|:----|----------:|:----|:---------|:----|:-----------------|
| (unaudited, $ in thousands)            |     |              Actual |     |           |     | As       
 Adjusted |     | As               
 Further Adjusted |
| Cash and cash equivalents              |     |      $    1,933,845 |     |           |     |          |     |                  |
| Advances from Federal Home Loan Bank   |     |              60,000 |     |           |     |          |     |                  |
| Borrowings from other banks            |     |                   - |     |           |     |          |     |                  |
| Subordinated debentures(1)             |     |               5,155 |     |           |     |          |     |                  |
| Subordinated notes(1)                  |     |             301,000 |     |           |     |          |     |                  |
| Subordinated loans(1)                  |     |               7,400 |     |           |     |          |     |                  |
| Stockholders’ Equity:                  |     |                     |     |           |     |          |     |                  |
| Common stock                           |     |                 711 |