Company: AX
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0001299709-25-000087
Chunk: 76

Company: Axos Financial, Inc.
Filing Date: 2025-04-30
Form: 10-Q
Item: Part I, Item 1
Chunk 76
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3.86 %1,102,472 11,454 4.16 %Securities loaned133,629 333 1.00 %121,920 376 1.23 %Advances from the FHLB60,000 306 2.04 %105,243 735 2.79 %Borrowings, subordinated notes and debentures330,661 3,925 4.75 %335,840 4,110 4.90 %Total interest-bearing liabilities17,482,008 157,258 3.60 %16,619,907 181,958 4.38 %Non-interest-bearing demand deposits3,008,995 2,753,093 Other non-interest-bearing liabilities761,518 834,075 Stockholders’ equity2,559,385 2,138,241 Total liabilities and stockholders’ equity$23,811,906 $22,345,316 Net interest income$275,464 $261,606 Interest rate spread73.91 %3.88 %Net interest margin84.78 %4.87 %1.Average balances are obtained from daily data.2.Annualized.3.Loans include loans held for sale, loan premiums and unearned fees.4.Interest income includes reductions for amortization of loan and investment securities premiums and earnings from accretion of discounts and loan fees.5.Purchased loans include loans, loan discounts and unearned fees related to the FDIC Loan Purchase.6.Margin lending is the significant component of the asset titled customer, broker-dealer and clearing receivables on the unaudited Condensed Consolidated Balance Sheets. 7.Interest rate spread represents the difference between the weighted average yield on interest-earning assets and the weighted average rate paid on interest-bearing liabilities.8.Net interest margin represents annualized net interest income as a percentage of average interest-earning assets.

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For the Nine Months Ended,March 31, 2025March 31, 2024(Dollars in thousands)AverageBalance1InterestIncome/ExpenseAverage YieldsEarned/RatesPaid2AverageBalance1InterestIncome/ExpenseAverage YieldsEarned/RatesPaid2Assets:Loans3, 4$19,618,514 $1,243,874 8.45 %$17,624,685 $1