Company: AX
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001299709-25-000184
Chunk: 23

Company: Axos Financial, Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 23
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 and operational processing22,057 18,985 Depreciation and amortization8,341 7,450 Advertising and promotional12,207 14,253 Professional services13,333 9,895 Occupancy and equipment4,620 4,318 FDIC and regulatory fees5,619 5,956 Broker-dealer clearing charges4,203 4,307 General and administrative expense9,261 8,008 Total non-interest expense156,246 147,465 INCOME BEFORE INCOME TAXES149,889 159,192 INCOME TAXES37,537 46,852 NET INCOME$112,352 $112,340 Basic earnings per common share$1.99 $1.97 Diluted earnings per common share$1.94 $1.93 

See accompanying notes to the condensed consolidated financial statements.

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Table of Contents

AXOS FINANCIAL, INC.

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(Unaudited) 

Three Months EndedSeptember 30, (Dollars in thousands)20252024NET INCOME$112,352 $112,340 Net unrealized gain (loss) from available-for-sale securities, net of income tax254 1,319 Net unrealized gain (loss) on cash flow hedges, net of income tax(538)382 Other comprehensive income (loss)(284)1,701 COMPREHENSIVE INCOME$112,068 $114,041 

See accompanying notes to the condensed consolidated financial statements.

3

AXOS FINANCIAL, INC.

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY

(Unaudited)

For the Three Months Ended September 30, 2025Common StockAdditional Paid-in CapitalAccumulated Other Comprehensive Income (Loss), Net of Income TaxRetained EarningsTreasuryStockTotalNumber of Shares(Dollars in thousands)IssuedTreasuryOutstandingAmountBALANCE—June 30, 202571,101,642 (14,618,025)56,483,617 $711 $548,895 $348 $2,618,525 $(487,802)$2,680,677 Net income— — — — — — 112,352 — 112,352 Other comprehensive