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

Company: Axos Financial, Inc.
Filing Date: 2025-01-28
Form: 10-Q
Item: Part I, Item 1
Chunk 25
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332)56,898,377 $698 $493,268 $(3,919)$1,970,025 $(381,848)$2,078,224 

For the Six Months Ended December 31, 2023Common StockAdditional Paid-in CapitalAccumulatedOtherComprehensiveIncome (Loss),Net of Income TaxRetained EarningsTreasuryStockTotalNumber of Shares(Dollars in thousands)IssuedTreasuryOutstandingAmountBALANCE—June 30, 202369,465,446 (10,522,411)58,943,035 $695 $479,878 $(6,610)$1,735,609 $(292,413)$1,917,159 Net income— — — — — — 234,416 — 234,416 Other comprehensive income (loss)— — — — — 2,691 — — 2,691 Purchase of treasury stock— (2,255,509)(2,255,509)— — — — (83,186)(83,186)Stock-based compensation activity363,263 (152,412)210,851 3 13,390 — — (6,249)7,144 BALANCE—December 31, 202369,828,709 (12,930,332)56,898,377 $698 $493,268 $(3,919)$1,970,025 $(381,848)$2,078,224 

See accompanying notes to the condensed consolidated financial statements.

5

AXOS FINANCIAL, INC.CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(Unaudited) Six Months EndedDecember 31, (Dollars in thousands)20242023CASH FLOWS FROM OPERATING ACTIVITIES:Net income$217,027 $234,416 Adjustments to reconcile net income to net cash provided by (used in) operating activities:Depreciation and amortization14,481 12,365 Other accretion and amortization(58,723)(12,006)Stock-based compensation expense19,855 13,393 Trading activity112 429 Provision for credit losses26,248 20,500 Deferred income taxes(15,419)21,032 Origination of loans held