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Stock impact report

Axos Financial Inc (AX) Reports Stellar Growth in Q2 Fiscal 2024 Earnings [Yahoo! Finance]

Axos Financial, Inc. (AX) 
Company Research Source: Yahoo! Finance
Net Interest Income : Grew by 14.4% to $228.6 million. Non-Interest Income : Jumped by 338.2% to $124.1 million, bolstered by a significant gain from the FDIC Loan Purchase. Loan and Deposit Growth : Net loans for investment rose by 22.0% annualized; total deposits increased by 12.6% annualized. Book Value : Increased by 22.6% to $36.53 per share. Capital Allocation : $58.7 million of common stock repurchased at an average price of $36.49 per share. Warning! GuruFocus has detected 11 Warning Signs with JNPR. On January 30, 2024, Axos Financial Inc ( NYSE:AX ) released its impressive second quarter fiscal 2024 results, showcasing significant growth in net income and earnings per share (EPS). The detailed financial performance can be reviewed in the company's 8-K filing . Axos Financial Inc, a bank holding company operating through its subsidiary BofI Federal Bank, has once again demonstrated robust financial health and strategic acumen in the banking sector. Financial Pe Show less Read more
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