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

Company: Axos Financial, Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Part II, Item 1A
Chunk 10
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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 2025 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 RSU awards during the three months ended September 30, 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 Repurchases1Quarter Ended September 30, 2025July 1, 2025 to July 31, 2025— $— — $— August 1, 2025 to August 31, 2025— — — — September 1, 2025 to September 30, 2025— — — — For the Three Months Ended September 30, 2025— $— — $— Stock Retained in Net Settlement2July 1, 2025 to July 31, 2025136 August 1, 2025 to August 31, 20255,706 September 1, 2025 to September 30, 202588,738 For the Three Months Ended September 30, 202594,580 

1  On April 27, 2023, the Company announced a program to repurchase up to $100 million of its common stock and on each of February 12, 2024 and May 12, 2025, the Company announced an additional $100 million increase to the common stock repurchase program. The share repurchase program will continue in effect until terminated by the Board of Directors of the Company.

2 The Amended and Restated 2014 Stock Incentive Plan permits net settlement of stock issu