NYSE$AX

Axos Financial Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Reported record net income and EPS increased year-over-year.

Axos Financial, Inc. reported a strong fourth quarter and full fiscal year, with record net income for the fiscal year and increased earnings per share for the fourth quarter. The company's net interest income grew, driven by growth in average assets and a stable net interest margin.

  • Net income for the quarter was $54.3 million, up 19.8% year-over-year.
  • Earnings per diluted share were $0.90, a 20.0% increase year-over-year.
  • Net interest income increased by 20.8% year-over-year.
  • Loan originations for investment increased by 38.4% year-over-year.

Headline financials

Total Revenue

$158M

Previous: $146M+8.6%
EPS (adj)

$0.92

Previous: $0.78+17.9%
Net Interest Margin

3.9%

Previous: 3.9%+0.8%
Efficiency Ratio

51.7%

Previous: 41.0%+25.9%
Net Income

$54.3M

Previous: $45.3M+19.8%
Operating Income

$75.3M

Previous: $67.9M+10.9%
Gross Profit

$155M

Previous: $144M+8.0%
Cash & Equivalents

$1.04B

Previous: $13.9B-92.5%
Total Assets

$14.3B

Previous: $13.9B+3.0%
Stock-Based Comp

$4.89M

Previous: $5.14M-5.0%

Revenue & EPS history

Axos Financial · Revenue · Quarterly

$158M

Q4 2021+8.6%vs Q4 2020
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

Axos Financial · $161M total across 2 segments · Q4 2021

  • Banking Business Segment
    $148M+2.1%
  • Securities Business Segment
    $12.6M+37.1%

Forward guidance

Axos Financial did not provide specific forward guidance in this 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 2021

Historical avgQ4 2021

+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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