Company: AX
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0001299709-25-000087
Chunk: 58

Company: Axos Financial, Inc.
Filing Date: 2025-04-30
Form: 10-Q
Item: Part I, Item 1
Chunk 58
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$(2,744)$850 $(1,894)$1,211 $(356)$855 

24

For the Nine Months EndedMarch 31, 2025For the Nine Months EndedMarch 31, 2024(Dollars in thousands)Pre-taxTax effectAfter-taxPre-taxTax effectAfter-taxUnrealized gain/(loss) on investment securities:Net unrealized gains/(losses) arising during the period$1,581 $(458)$1,123 $5,072 $(1,526)$3,546 Reclassification adjustment for realized (gains)/losses included in net income— — — — — — Net change$1,581 $(458)$1,123 $5,072 $(1,526)$3,546 Cash flow hedges:Net unrealized gains/(losses) arising during the period$6,162 $(1,904)$4,258 $— $— $— Reclassification adjustment for realized (gains)/losses included in net income(2,608)806 (1,802)— — — Net change3,554 (1,098)2,456 — — — Total other comprehensive income$5,135 $(1,556)$3,579 $5,072 $(1,526)$3,546 

8.    EARNINGS PER COMMON SHARE

The following table presents the calculation of basic and diluted earnings per common share (“EPS”):Three Months EndedNine Months EndedMarch 31, March 31, (Dollars in thousands, except per share data)2025202420252024Earnings Per Common ShareNet income$105,206 $110,720 $322,233 $345,136 Average common shares issued and outstanding57,029,078 56,932,050 57,019,301 57,699,236 Earnings per common share$1.84 $1.94 $5.65 $5.98 Diluted Earnings Per Common ShareAverage common shares issued and outstanding57,029,078 56,932,050 57,019,301 57,699,236 Dilutive effect of average unvested RSUs1,145,618 1,105,648 1,008,579 1,008,579