The increase was primarily the result of $183.4 million in net income and $14.5 million of vesting and issuance of RSUs and stock-based compensation expense, partially offset by $38.9 million of stock repurchases, $1.0 million of unrealized loss in other comprehensive income, net of tax, and $0.3 million of dividends declared on preferred stock.Return on average common stockholders’ equityOur effective tax rate was 33.31% for the three months ended June 30, 2020 compared to 26.55% for the three months ended June 30, 2019. By using the Site, you agree to these Terms of Use. Non-GAAP financial measures have inherent limitations, are not required to be uniformly applied and are not audited. Earnings attributable to Axos’ common stockholders were $183.1 million or $2.98 per diluted share for the twelve months ended June 30, 2020, an increase of 18.3% from $154.8 million or $2.48 per diluted share for the twelve months ended June 30, 2019. S&P, ITS CLIENT, AND ANY OTHER PROVIDERS OF THE INFORMATION EXPRESSLY DISCLAIM ALL WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION ANY WARRANTY OF ACCURACY, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT.It is your responsibility to evaluate the accuracy, completeness or usefulness of any of the Contents available on the Site. Net interest income is a majority of the bank's revenue.Revenue guidance hasn't been issued by the company for now. You agree not to reproduce, distribute, sell, broadcast, publish, retransmit, disseminate, circulate or commercially exploit the Site or the Contents without the express written consent of S&P and the Client.S&P and/or its Client shall have the right at any time to modify or discontinue any aspect of the Site or any part of the Contents. Mar 9, 2020. These Terms and Conditions of Use ("Terms of Use") set forth the terms on which you may use the Site, and the information and materials contained therein (the "Contents"). Axos Bank brings together human insight and digital expertise to anticipate and meet our customers' needs.With a broad and ever-growing range of financial products and services, including checking, savings, CDs, money market, lending, and retirement, Axos specializes in convenience and customization.. Born digital, Axos has reinvented the banking model, growing to over $12 billion in … After the session, the Financial sector daily volume shifted […]
If you do not agree to these Terms of Use, you are not authorized to use the Site or Contents in any manner, and you should immediately discontinue any use of the Site or the Contents.The Site contains copyrighted material, trademarks and service marks, and other proprietary information, including but not limited to text, software, and graphics, which materials are owned by S&P and/or its Client. The Company operates through two segments: Banking Business and Securities Business. Excess FDIC expense is defined as the higher insurance costs that we incurred associated with increased levels of short-term brokered deposits in anticipation of the acquisition of deposits from Nationwide Bank.
The increase in total liabilities resulted primarily from growth in deposits of $2,353.5 million. You agree not to take any action, alone or with others, that would interfere with the operation of the Site, to alter the Site in any way, or to impede others' access to and freedom to enjoy and use the Site as made available by S&P and S&P’s Client.The Site does not represent an offer or solicitation with respect to the purchase or sale of any security.The investor relations site ("Site") with which this document is associated is maintained by S&P Global Market Intelligence ("S&P") on behalf of the organization featured on the Site (S&P's "Client").
Total cash increased by $1,093.2 million primarily due to increased deposits. IN PARTICULAR, S&P WILL NOT BE LIABLE FOR ANY LOSS OR DAMAGE CAUSED BY YOUR RELIANCE ON INFORMATION OBTAINED THROUGH THE SITE.These Terms of Use are the entire agreement between the parties with respect to its subject matter, and it can be amended only via written agreement by S&P.
The trading starts at $20.99 and closed at $21.10 throughout the day. You may not use, reproduce, distribute or display any portion of the Site for any other purpose, including without limit any commercial purpose. AX Axos Financial, Inc.: $AX News Article - Axos Financial, Inc. (AX) Q4 2020 Earnings Call Transcript S&P and Client reserve all rights in the Contents. Axos Financial Stock Down 10% As Market Enters Bear Territory. Axos Financial, Inc. (“Axos”), parent company of Axos Bank (the “Bank”), today announced unaudited financial results for the fourth fiscal quarter and full fiscal year ended June 30, 2020.Net income for the quarter was $45.3 million, an increase of 11.5% over net income of …