NYSE$AX

Axos Financial Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Axos Financial's net income increased and EPS grew year-over-year in Q4 2020.

Axos Financial, Inc. reported a net income of $45.3 million for the fourth fiscal quarter ended June 30, 2020, an 11.5% increase compared to the same period in the previous year. Diluted earnings per share increased by 13.6% year-over-year to $0.75. The company's net interest income and non-interest income also saw double-digit percentage increases.

  • Net income for the quarter was $45.3 million, up 11.5% year-over-year.
  • Diluted EPS increased 13.6% year-over-year to $0.75.
  • Net interest income increased 16.8% year-over-year.
  • Non-interest income increased 23.6% year-over-year due to strong mortgage banking results.

Headline financials

Total Revenue

$146M

Previous: $124M+18.0%
EPS (adj)

$0.78

Previous: $0.68+14.7%
Net Interest Margin

3.9%

Previous: 3.8%+2.1%
Efficiency Ratio

41.0%

Previous: 43.2%-5.1%
Return on Average Common Stockholders' Equity

14.7%

No prior period
Non-performing Assets to Total Assets

0.7%

No prior period
Net Income

$45.3M

Previous: $40.6M+11.5%
Operating Income

$67.9M

No prior period
Gross Profit

$144M

Previous: $122M+17.9%
Cash & Equivalents

$13.9B

Previous: $857M+1515.6%
Total Assets

$13.9B

Previous: $11.2B+23.5%
Stock-Based Comp

$5.14M

Previous: $5.46M-5.8%

Revenue & EPS history

Axos Financial · Revenue · Quarterly

$146M

Q4 2020+18%vs Q4 2019
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

Axos Financial · $154M total across 2 segments · Q4 2020

  • Banking Business Segment
    $145M
  • Securities Business Segment
    $9.22M

Forward guidance

Axos Financial did not provide specific forward guidance in the earnings report.

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 Q4 2020

Historical avgQ4 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

Earnings price reactions
QuarterReport dateReaction (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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