Company: AX
Filing Date: 2025-01-28
Form Type: 424B5
Source: 0001299709-25-000009
Chunk: 11

Company: Axos Financial, Inc.
Filing Date: 2025-01-28
Form: 424B5
Chunk 11
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 affect the business of our Bank, through which substantially all of our operations are carried out;

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increases in competitive pressure among financial institutions or from non-financial institutions;

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changes in corporate and/or individual income tax laws may adversely affect our business or financial condition;

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legislation or regulatory changes may adversely affect our business;

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technological changes may be more difficult or expensive than what we anticipate;

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success or consummation of new business initiatives may be more difficult or expensive than what we anticipate;

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litigation or other matters before regulatory agencies, whether currently existing or commencing in the future, may delay the occurrence or non-occurrence of events longer than what we anticipate; and

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the additional risks referred to in the section entitled “Risk Factors.”

You should not put undue reliance on any forward-looking statements. Forward-looking statements speak only as of the date they are made, and are qualified in their entirety by this cautionary statement, and we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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### USE OF PROCEEDS
Our estimated net proceeds from this offering are approximately $146,105,000, assuming the sale of shares of our common stock having an aggregate offering price of $150,000,000 and after deducting commissions and estimated expenses of the offering. Because there is no minimum offering amount required as a condition to close this offering, the actual total public offering amount, commissions and proceeds to us, if any, are not determinable at this time. We intend to use the net proceeds from the sale of the securities under this prospectus supplement and accompanying prospectus for general corporate purposes, possible future acquisitions and growth opportunities, and repayments or repurchases of debt. Pending such uses, we may temporarily invest the proceeds or use them to reduce short-term indebtedness.

### PLAN OF DISTRIBUTION
We have entered into the Equity Distribution Agreement with Keefe, Bruyette & Woods, Inc. and Raymond James & Associates, Inc., as Distribution Agents, under which we may issue and sell shares of our common stock having an aggregate offering price of up to $150,000,000 from time to time through the Distribution Agents.

Upon written instructions from us and subject to the terms and conditions of the Equity Distribution Agreement, the Distribution Agents will use their commercially reasonable efforts consistent with their sales and trading practices to sell