Company: AX
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001299709-25-000184
Chunk: 55

Company: Axos Financial, Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 55
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 30, 2024$(1,147)$382 $(765)The following table presents the pre-tax and after-tax changes in the components of other comprehensive income.For the Three Months EndedSeptember 30, 2025For the Three Months EndedSeptember 30, 2024(Dollars in thousands)Pre-taxTax effectAfter-taxPre-taxTax effectAfter-taxUnrealized gain/(loss) on investment securities:Net unrealized gains/(losses) arising during the period$350 $(96)$254 $1,884 $(565)$1,319 Reclassification adjustment for realized (gains)/losses included in net income— — — — — — Net change$350 $(96)$254 $1,884 $(565)$1,319 Cash flow hedges:Net unrealized gains/(losses) arising during the period$374 $(104)$270 $553 $(171)$382 Reclassification adjustment for realized (gains)/losses included in net income(1,118)310 (808)— — — Net change(744)206 (538)553 (171)382 Total other comprehensive income/(loss)$(394)$110 $(284)$2,437 $(736)$1,701 

9.    EARNINGS PER COMMON SHARE

The following table presents the calculation of basic and diluted earnings per common share (“EPS”):Three Months EndedSeptember 30, (Dollars in thousands, except per share data)20252024Earnings Per Common ShareNet income$112,352 $112,340 Average common shares issued and outstanding56,512,587 56,934,671 Earnings per common share$1.99 $1.97 Diluted Earnings Per Common ShareAverage common shares issued and outstanding56,512,587 56,934,671 Dilutive effect of average unvested RSUs1,270,241 1,233,797 Average dilutive common shares outstanding57,782,828 58,168,468 Diluted earnings per common share$1.94 $1.93 Weighted average antidilutive common stock equivalents (excluded from the computation of EPS)33,122 — For further information regarding the Company’s EPS calculation, see Note 17—“Earnings per Common Share” in the 2025 Form