Axos Net Income from 2010 to 2024

AX Stock  USD 52.94  0.12  0.23%   
Axos Financial Net Income yearly trend continues to be fairly stable with very little volatility. Net Income is likely to outpace its year average in 2024. During the period from 2010 to 2024, Axos Financial Net Income regression line of annual values had slope of  25,598,710 and arithmetic mean of  162,670,899. View All Fundamentals
 
Net Income  
First Reported
2003-06-30
Previous Quarter
82.6 M
Current Value
151.8 M
Quarterly Volatility
27.8 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Axos Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Axos main balance sheet or income statement drivers, such as Interest Expense of 451.6 M, Total Revenue of 1.1 B or Gross Profit of 1.1 B, as well as many exotic indicators such as Price To Sales Ratio of 2.89, Dividend Yield of 0.0 or PTB Ratio of 2.24. Axos financial statements analysis is a perfect complement when working with Axos Financial Valuation or Volatility modules.
  
This module can also supplement Axos Financial's financial leverage analysis and stock options assessment as well as various Axos Financial Technical models . Check out the analysis of Axos Financial Correlation against competitors.
For more information on how to buy Axos Stock please use our How to Invest in Axos Financial guide.

Latest Axos Financial's Net Income Growth Pattern

Below is the plot of the Net Income of Axos Financial over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Axos Financial financial statement analysis. It represents the amount of money remaining after all of Axos Financial operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Axos Financial's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Axos Financial's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 307.17 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Axos Net Income Regression Statistics

Arithmetic Mean162,670,899
Coefficient Of Variation71.62
Mean Deviation92,685,612
Median152,411,000
Standard Deviation116,506,697
Sample Variance13573.8T
Range372M
R-Value0.98
Mean Square Error503.9T
R-Squared0.97
Slope25,598,710
Total Sum of Squares190033.3T

Axos Net Income History

2024370.9 M
2023353.2 M
2022307.2 M
2021240.7 M
2020215.7 M
2019183.4 M
2018155.1 M

Other Fundumenentals of Axos Financial

Axos Financial Net Income component correlations

About Axos Financial Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Axos Financial income statement, its balance sheet, and the statement of cash flows. Axos Financial investors use historical funamental indicators, such as Axos Financial's Net Income, to determine how well the company is positioned to perform in the future. Although Axos Financial investors may use each financial statement separately, they are all related. The changes in Axos Financial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Axos Financial's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Axos Financial Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Axos Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income353.2 M370.9 M
Net Income Applicable To Common Shares353.2 M370.9 M
Net Income From Continuing Ops353.2 M370.9 M
Net Income Per Share 4.63  4.86 
Net Income Per E B T 0.82  0.76 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Axos Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Axos Financial's short interest history, or implied volatility extrapolated from Axos Financial options trading.

Pair Trading with Axos Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Axos Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Axos Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Axos Stock

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Moving against Axos Stock

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The ability to find closely correlated positions to Axos Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Axos Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Axos Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Axos Financial to buy it.
The correlation of Axos Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Axos Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Axos Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Axos Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Axos Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Axos Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Axos Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Axos Financial Stock:
Check out the analysis of Axos Financial Correlation against competitors.
For more information on how to buy Axos Stock please use our How to Invest in Axos Financial guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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Is Axos Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Axos Financial. If investors know Axos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Axos Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.941
Earnings Share
6.74
Revenue Per Share
15.998
Quarterly Revenue Growth
0.096
Return On Assets
0.0199
The market value of Axos Financial is measured differently than its book value, which is the value of Axos that is recorded on the company's balance sheet. Investors also form their own opinion of Axos Financial's value that differs from its market value or its book value, called intrinsic value, which is Axos Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Axos Financial's market value can be influenced by many factors that don't directly affect Axos Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Axos Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axos Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axos Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.