Company: AX
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0001299709-25-000087
Chunk: 84

Company: Axos Financial, Inc.
Filing Date: 2025-04-30
Form: 10-Q
Item: Part I, Item 1
Chunk 84
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 SegmentSecurities Business SegmentCorporate/EliminationsAxos ConsolidatedNet interest income$272,260 $6,942 $(3,738)$275,464 Provision for credit losses14,500 — — 14,500 Non-interest income12,666 30,611 (9,904)33,373 Non-interest expense118,325 28,416 (480)146,261 Income before income taxes$152,101 $9,137 $(13,162)$148,076 For the Three Months Ended March 31, 2024(Dollars in thousands)Banking Business SegmentSecurities Business SegmentCorporate/EliminationsAxos ConsolidatedNet interest income$258,435 $7,133 $(3,962)$261,606 Provision for credit losses6,000 — — 6,000 Non-interest income11,908 32,746 (11,491)33,163 Non-interest expense104,959 32,488 (4,219)133,228 Income before income taxes$159,384 $7,391 $(11,234)$155,541 For the Nine Months Ended March 31, 2025(Dollars in thousands)Banking Business SegmentSecurities Business SegmentCorporate/EliminationsAxos ConsolidatedNet interest income$837,472 $21,216 $(11,077)$847,611 Provision for credit losses40,748 — — 40,748 Non-interest income24,204 89,517 (23,940)89,781 Non-interest expense351,176 84,685 3,185 439,046 Income before income taxes$469,752 $26,048 $(38,202)$457,598 For the Nine Months Ended March 31, 2024(Dollars in thousands)Banking Business SegmentSecurities Business SegmentCorporate/EliminationsAxos ConsolidatedNet interest income$694,289 $18,755 $(11,677)$701,367 Provision for credit losses26,500 — — 26,500 Non-interest income128,244 99,942 (36,387)191,799 Non-interest expense308,027 87,979 (20,433)375,573 Income before income taxes$488,006 $30,718 $(