Company: AX
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0001299709-25-000087
Chunk: 57

Company: Axos Financial, Inc.
Filing Date: 2025-04-30
Form: 10-Q
Item: Part I, Item 1
Chunk 57
---
 on available-for-sale securitiesCash flow hedgesAccumulated other comprehensive incomeBalance at December 31, 2023$(3,919)$— $(3,919)Other comprehensive income/(loss)855 — 855 Balance at March 31, 2024$(3,064)$— $(3,064)For the Nine Months Ended March 31, 2025(Dollars in thousands)Unrealized gain (loss) on available-for-sale securitiesCash flow hedgesAccumulated other comprehensive incomeBalance at June 30, 2024$(2,466)$— $(2,466)Other comprehensive income/(loss)1,123 2,456 3,579 Balance at March 31, 2025$(1,343)$2,456 $1,113 For the Nine Months Ended March 31, 2024(Dollars in thousands)Unrealized gain (loss) on available-for-sale securitiesCash flow hedgesAccumulated other comprehensive incomeBalance at June 30, 2023$(6,610)$— $(6,610)Other comprehensive income/(loss)3,546 — 3,546 Balance at March 31, 2024$(3,064)$— $(3,064)The following table presents the pre-tax and after-tax changes in the components of other comprehensive income.For the Three Months EndedMarch 31, 2025For the Three Months EndedMarch 31, 2024(Dollars in thousands)Pre-taxTax effectAfter-taxPre-taxTax effectAfter-taxUnrealized gain/(loss) on investment securities:Net unrealized gains/(losses) arising during the period$850 $(262)$588 $1,211 $(356)$855 Reclassification adjustment for realized (gains)/losses included in net income— — — — — — Net change$850 $(262)$588 $1,211 $(356)$855 Cash flow hedges:Net unrealized gains/(losses) arising during the period$(2,464)$763 $(1,701)$— $— $— Reclassification adjustment for realized (gains)/losses included in net income(1,130)349 (781)— — — Net change(3,594)1,112 (2,482)— — — Total other comprehensive income/(loss)