Company: AX
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0001299709-25-000087
Chunk: 7

Company: Axos Financial, Inc.
Filing Date: 2025-04-30
Form: 10-Q
Item: Part I, Item 4
Chunk 7
---
 servicing of loans, and other issues related to the Company’s business operations. None of such matters are expected to have a material adverse effect on the Company’s financial condition, results of operations or business.

ITEM 1A.RISK FACTORS

We face a variety of risks that are inherent in our business and our industry. These risks are described in more detail under Item 1A—“Risk Factors” in the 2024 Form 10-K. We encourage you to read these factors in their entirety. Moreover, other factors may also exist that we cannot anticipate or that we currently do not consider to be significant based on information that is currently available. 

ITEM 2.UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS 

The table below sets forth our market repurchases of Axos common stock and the Axos common stock retained in connection with net settlement of restricted stock unit awards during the three months ended March 31, 2025.

(Dollars in thousands, except per share data)Numberof SharesPurchasedAverage PricePaid Per SharesTotal Number ofSharesPurchased as Part of Publicly  AnnouncedPlans or ProgramsApproximate Dollar value ofShares that MayYet be PurchasedUnder the Plansor ProgramsStock Repurchases1,2Quarter Ended March 31, 2025January 1, 2025 to January 31, 202529,034 $68.91 29,034 $104,520 February 1, 2025 to February 28, 202538,660 66.60 38,660 101,945 March 1, 2025 to March 31, 2025366,633 63.54 366,633 78,650 For the Three Months Ended March 31, 2025434,327 $64.17 434,327 $78,650 Stock Retained in Net Settlement3January 1, 2025 to January 31, 2025382 February 1, 2025 to February 28, 20252,146 March 1, 2025 to March 31, 202595,505 For the Three Months Ended March 31, 202598,033 

1  On February 12, 2024, the Company announced a program to repurchase up to $100 million of its common stock. The February