Company: AX
Filing Date: 2025-01-28
Form Type: 10-Q
Source: 0001299709-25-000011
Chunk: 72

Company: Axos Financial, Inc.
Filing Date: 2025-01-28
Form: 10-Q
Item: Part I, Item 1
Chunk 72
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 assets)12.67 %12.74 %12.26 %Tier 1 capital (to risk-weighted assets)12.67 %12.74 %12.26 %Total capital (to risk-weighted assets)13.86 %13.81 %13.25 %Axos Clearing LLC:Net capital$83,932 $101,462 $103,454 Excess capital$78,282 $96,654 $98,397 Net capital as a percentage of aggregate debit items29.71 %42.21 %40.92 %Net capital in excess of 5% aggregate debit items$69,805 $89,442 $90,812 

35

For the Three Months Ended December 31, For the Six Months Ended December 31, (Dollars in thousands, except per share data)2024202320242023Selected Income Statement Data:Interest and dividend income$456,068$394,663$940,330$758,615Interest expense175,969166,057368,183318,854Net interest income280,099228,606572,147439,761Provision for credit losses12,24813,50026,24820,500Net interest income, after provision for credit losses267,851215,106545,899419,261Non-interest income27,799124,12956,408158,636Non-interest expense145,320121,839292,785242,345Income before income taxes150,330217,396309,522335,552Income taxes45,64365,62592,495101,136Net income$104,687$151,771$217,027$234,416Weighted average number of common shares outstanding:     Basic57,094,15357,216,62157,014,41258,082,830     Diluted58,226,00657,932,83458,262,92358,930,427Per Common Share Data:Net income:Basic$1.83$2.65$3.81$4.04Diluted$1.80$2.62$3.72$3.98Adjusted earnings per common share (Non-GAAP)1$1.82$1.60$3.77$3.00Performance Ratios and Other Data:Growth in loans held for investment, net$