NYSE$AX
Axos Financial Inc · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Achieved record earnings driven by strong loan growth and stable net interest margins.
Axos Financial, Inc. reported a net income of $41.3 million for the second quarter of fiscal year 2020, a 6.3% increase compared to the same quarter of the previous year. The increase was due to strong loan growth and stable net interest margins.
- Net income increased by 6.3% to $41.3 million compared to the quarter ended December 31, 2018.
- Earnings per diluted share increased by 8.1% to $0.67 compared to the quarter ended December 31, 2018.
- Net interest margin increased 10 basis points linked quarter to 3.87%.
- Total assets reached $12.3 billion, up 25.1% compared to December 31, 2018.
Headline financials
Revenue & EPS history
Axos Financial · Revenue · Quarterly
$130M
Revenue by segment
Axos Financial · $132M total across 2 segments · Q2 2020
- Banking Business Segment$122M—92.2%
- Securities Business Segment$10.3M—7.8%
Forward guidance
This press release contains forward-looking statements that involve risks and uncertainties, including without limitation statements relating to Axos’ financial prospects and other projections of its performance and asset quality, Axos’ ability to continue to grow profitably and increase its business, Axos’ ability to successfully integrate its recent acquisitions and realize the anticipated benefits of the transactions, Axos’ ability to continue to diversify its lending and deposit franchises, the outcome and effects of pending class action litigation filed against the Company, and the anticipated timing and financial performance of other offerings, initiatives, and acquisitions.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
+1.4%
Avg return
Earnings day
+1.0%
Avg return
5 days after
+3.7%
Avg return
30 days after
67%
43 / 64 earnings
Positive
+15.8%
Q3 2020
Best reaction
-20.5%
Q1 2016
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | +1.7% | -8.7% | -9.9% | |
| Q2 2026 | +4.7% | +4.8% | -8.3% | |
| Q1 2026 | -0.4% | +1.8% | +3.6% | |
| Q3 2025 | +3.2% | +5.8% | +9.5% | |
| Q2 2025 | -4.2% | -4.8% | -7.7% | |
| Q1 2025 | +2.1% | -1.6% | +25.0% | |
| Q4 2024 | -4.7% | -12.3% | -10.4% | |
| Q3 2024 | +7.6% | +11.5% | +4.8% | |
| Q2 2024 | -2.5% | -6.3% | -8.4% | |
| Q1 2024 | -4.4% | -1.2% | +5.2% | |
| Q4 2023 | +3.3% | -3.1% | -11.9% | |
| Q3 2023 | +13.3% | +7.6% | +14.6% | |
| Q2 2023 | +14.8% | +15.3% | +14.0% | |
| Q1 2023 | +6.8% | +6.6% | +9.6% | |
| Q4 2022 | +0.7% | +2.2% | -4.2% | |
| Q3 2022 | -5.2% | -3.3% | -3.2% | |
| Q2 2022 | -2.6% | -0.2% | +2.9% | |
| Q1 2022 | +3.8% | +8.5% | +13.8% | |
| Q4 2021 | +0.2% | -0.1% | +3.9% | |
| Q3 2021 | -1.8% | -1.0% | +3.1% | |
| Q2 2021 | -0.8% | +6.9% | +17.9% | |
| Q1 2021 | +4.8% | +13.3% | +34.2% | |
| Q4 2020 | +9.9% | +7.7% | +23.5% | |
| Q3 2020 | +15.8% | +9.4% | +9.5% | |
| Q2 2020 | +1.2% | -0.8% | -11.4% | |
| Q1 2020 | -3.6% | -3.8% | -3.9% | |
| Q4 2019 | +8.6% | -1.2% | -5.5% | |
| Q3 2019 | -8.3% | -5.6% | -16.0% | |
| Q2 2019 | +7.8% | +9.8% | +13.3% | |
| Q1 2019 | -11.2% | -9.6% | -7.2% | |
| Q4 2018 | -7.3% | -7.0% | -10.1% | |
| Q3 2018 | -4.4% | -6.0% | -4.1% | |
| Q2 2018 | +7.8% | +9.6% | +13.5% | |
| Q1 2018 | -7.2% | -6.2% | -8.5% | |
| Q4 2017 | +6.0% | +12.1% | +4.2% | |
| Q3 2017 | -8.3% | -9.6% | -14.3% | |
| Q2 2017 | +3.8% | +2.6% | +13.0% | |
| Q1 2017 | -14.5% | -14.7% | +14.9% | |
| Q4 2016 | +5.3% | +11.5% | +34.6% | |
| Q3 2016 | +4.8% | — | — | |
| Q2 2016 | -5.0% | — | — | |
| Q1 2016 | -20.5% | — | — | |
| Q4 2015 | +8.5% | — | — | |
| Q3 2015 | -0.8% | — | — | |
| Q2 2015 | +1.9% | — | — | |
| Q1 2015 | +0.8% | — | — | |
| Q4 2014 | +4.3% | — | — | |
| Q3 2014 | +2.1% | — | — | |
| Q2 2014 | +2.9% | — | — | |
| Q1 2014 | +9.8% | — | — | |
| Q4 2013 | +11.9% | — | — | |
| Q3 2013 | +1.9% | — | — | |
| Q2 2013 | -0.2% | — | — | |
| Q1 2013 | +0.4% | — | — | |
| Q4 2010 | +2.3% | — | — | |
| Q4 2012 | +5.6% | — | — | |
| Q3 2011 | +1.7% | — | — | |
| Q3 2012 | +1.7% | — | — | |
| Q2 2012 | +1.1% | — | — | |
| Q2 2011 | +1.1% | — | — | |
| Q4 2011 | +2.2% | — | — | |
| Q1 2012 | +2.2% | — | — | |
| Q1 2011 | +2.2% | — | — | |
| Q3 2010 | +2.8% | — | — |
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