Axos Historical Income Statement

AX Stock

USD 48.86 0.10 0.20%

Historical analysis of Axos Financial income statement accounts such as Total Revenue of 1.1 B or Gross Profit of 1.1 B can show how well Axos Financial performed in making a profits. Evaluating Axos Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Axos Financial's future profits or losses.

Cash Flow Balance Sheet Income Statement

Housing Crash

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Financial Statement Analysis is much more than just reviewing and examining Axos Financial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Axos Financial is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axos Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

For more information on how to buy Axos Stock please use our How to Invest in Axos Financial guide.

About Axos Income Statement Analysis

Axos Financial Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Axos Financial shareholders. The income statement also shows Axos investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Axos Financial Income Statement Chart

Axos Financial Income Statement is one of the three primary financial statements used for reporting Axos's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Axos Financial revenue and expense. Axos Financial Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At this time, Axos Financial's Income Tax Expense is fairly stable compared to the past year. Depreciation And Amortization is likely to rise to about 28.2 M in 2024, despite the fact that Total Operating Expenses is likely to grow to (392 M).

Total Revenue Gross Profit Other Operating Expenses Operating Income

Total Revenue

Total revenue comprises all receipts Axos Financial generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Axos Financial minus its cost of goods sold. It is profit before Axos Financial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Axos Financial. It is also known as Axos Financial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Axos Financial operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Axos Financial is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most accounts from Axos Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Axos Financial current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axos Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

For more information on how to buy Axos Stock please use our How to Invest in Axos Financial guide.At this time, Axos Financial's Income Tax Expense is fairly stable compared to the past year. Depreciation And Amortization is likely to rise to about 28.2 M in 2024, despite the fact that Total Operating Expenses is likely to grow to (392 M).

	2021	2022	2023	2024 (projected)
Total Revenue	705.3M	890.2M	1.0B	1.1B
Interest Expense	52.6M	374.0M	430.1M	451.6M

Total Revenue Interest Expense

Axos Financial income statement Correlations

	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Depreciation And Amortization	Selling General Administrative	Selling And Marketing Expenses	Cost Of Revenue	Net Income From Continuing Ops	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation	Extraordinary Items
Interest Expense		0.88	0.88	0.92	0.8	0.8	0.8	-0.86	0.87	0.84	0.88	0.81	0.57	0.8	0.98	0.71	0.89	0.73	0.77	0.96	0.47	0.77
Total Revenue	0.88		1.0	0.9	0.95	0.95	0.96	-0.82	0.99	0.79	1.0	0.94	0.86	0.98	0.94	0.91	1.0	0.83	0.89	0.96	0.76	0.65
Gross Profit	0.88	1.0		0.9	0.95	0.95	0.96	-0.82	0.99	0.79	1.0	0.94	0.86	0.98	0.94	0.91	1.0	0.83	0.89	0.96	0.76	0.65
Other Operating Expenses	0.92	0.9	0.9		0.75	0.75	0.76	-0.97	0.87	0.95	0.9	0.79	0.72	0.85	0.93	0.77	0.91	0.72	0.82	0.95	0.69	0.69
Operating Income	0.8	0.95	0.95	0.75		1.0	1.0	-0.67	0.96	0.58	0.95	0.95	0.78	0.93	0.87	0.93	0.93	0.79	0.81	0.86	0.62	0.57
Ebit	0.8	0.95	0.95	0.75	1.0		1.0	-0.67	0.96	0.58	0.95	0.95	0.78	0.93	0.87	0.93	0.93	0.79	0.81	0.86	0.62	0.57
Ebitda	0.8	0.96	0.96	0.76	1.0	1.0		-0.68	0.96	0.6	0.96	0.95	0.81	0.95	0.87	0.94	0.94	0.79	0.82	0.87	0.65	0.56
Total Operating Expenses	-0.86	-0.82	-0.82	-0.97	-0.67	-0.67	-0.68		-0.78	-0.92	-0.81	-0.69	-0.66	-0.77	-0.86	-0.73	-0.82	-0.66	-0.78	-0.86	-0.66	-0.56
Income Before Tax	0.87	0.99	0.99	0.87	0.96	0.96	0.96	-0.78		0.77	1.0	0.97	0.83	0.96	0.94	0.9	0.99	0.86	0.87	0.94	0.71	0.65
Total Other Income Expense Net	0.84	0.79	0.79	0.95	0.58	0.58	0.6	-0.92	0.77		0.79	0.69	0.64	0.72	0.84	0.58	0.81	0.68	0.73	0.87	0.64	0.67
Net Income	0.88	1.0	1.0	0.9	0.95	0.95	0.96	-0.81	1.0	0.79		0.95	0.85	0.97	0.95	0.9	1.0	0.84	0.89	0.96	0.74	0.65
Income Tax Expense	0.81	0.94	0.94	0.79	0.95	0.95	0.95	-0.69	0.97	0.69	0.95		0.73	0.89	0.88	0.85	0.93	0.87	0.79	0.86	0.59	0.6
Depreciation And Amortization	0.57	0.86	0.86	0.72	0.78	0.78	0.81	-0.66	0.83	0.64	0.85	0.73		0.93	0.68	0.84	0.85	0.65	0.83	0.75	0.93	0.4
Selling General Administrative	0.8	0.98	0.98	0.85	0.93	0.93	0.95	-0.77	0.96	0.72	0.97	0.89	0.93		0.87	0.95	0.97	0.77	0.89	0.91	0.85	0.56
Selling And Marketing Expenses	0.98	0.94	0.94	0.93	0.87	0.87	0.87	-0.86	0.94	0.84	0.95	0.88	0.68	0.87		0.8	0.95	0.8	0.83	0.99	0.56	0.75
Cost Of Revenue	0.71	0.91	0.91	0.77	0.93	0.93	0.94	-0.73	0.9	0.58	0.9	0.85	0.84	0.95	0.8		0.89	0.69	0.81	0.81	0.78	0.46
Net Income From Continuing Ops	0.89	1.0	1.0	0.91	0.93	0.93	0.94	-0.82	0.99	0.81	1.0	0.93	0.85	0.97	0.95	0.89		0.84	0.89	0.97	0.74	0.67
Tax Provision	0.73	0.83	0.83	0.72	0.79	0.79	0.79	-0.66	0.86	0.68	0.84	0.87	0.65	0.77	0.8	0.69	0.84		0.89	0.8	0.54	0.63
Net Interest Income	0.77	0.89	0.89	0.82	0.81	0.81	0.82	-0.78	0.87	0.73	0.89	0.79	0.83	0.89	0.83	0.81	0.89	0.89		0.86	0.77	0.59
Interest Income	0.96	0.96	0.96	0.95	0.86	0.86	0.87	-0.86	0.94	0.87	0.96	0.86	0.75	0.91	0.99	0.81	0.97	0.8	0.86		0.65	0.74
Reconciled Depreciation	0.47	0.76	0.76	0.69	0.62	0.62	0.65	-0.66	0.71	0.64	0.74	0.59	0.93	0.85	0.56	0.78	0.74	0.54	0.77	0.65		0.31
Extraordinary Items	0.77	0.65	0.65	0.69	0.57	0.57	0.56	-0.56	0.65	0.67	0.65	0.6	0.4	0.56	0.75	0.46	0.67	0.63	0.59	0.74	0.31

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Axos Financial Account Relationship Matchups

Axos Financial income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	145.2M	79.1M	52.6M	374.0M	430.1M	451.6M
Total Revenue	572.4M	632.9M	705.3M	890.2M	1.0B	1.1B
Gross Profit	572.4M	632.9M	705.3M	890.2M	1.0B	1.1B
Other Operating Expenses	309.8M	327.1M	56.7M	458.4M	527.2M	553.6M
Operating Income	262.6M	305.7M	392.5M	431.7M	496.5M	521.3M
Ebit	262.6M	305.7M	392.5M	431.7M	496.5M	521.3M
Ebitda	280.8M	340.5M	428.0M	455.1M	523.4M	549.6M
Total Operating Expenses	(309.8M)	(327.1M)	56.7M	(458.4M)	(412.6M)	(392.0M)
Income Before Tax	262.6M	305.7M	340.0M	431.7M	496.5M	521.3M
Total Other Income Expense Net	262.6M	305.7M	(52.6M)	431.7M	496.5M	521.3M
Net Income	183.4M	215.7M	240.7M	307.2M	353.2M	370.9M
Income Tax Expense	79.2M	90.0M	99.2M	124.6M	143.3M	150.4M
Depreciation And Amortization	18.1M	34.7M	35.5M	23.4M	26.9M	28.2M
Selling General Administrative	205.4M	229.4M	272.5M	267.7M	307.8M	323.2M
Selling And Marketing Expenses	14.5M	14.2M	13.6M	37.2M	42.7M	44.9M
Net Income Applicable To Common Shares	183.1M	215.5M	240.7M	307.2M	353.2M	370.9M
Net Income From Continuing Ops	183.4M	215.7M	240.7M	307.2M	353.2M	370.9M
Tax Provision	79.2M	90.0M	99.2M	124.6M	143.3M	95.3M
Net Interest Income	477.6M	538.7M	607.2M	783.1M	900.6M	483.6M
Interest Income	622.8M	617.9M	659.7M	1.2B	1.3B	1.4B
Reconciled Depreciation	35.0M	34.7M	35.5M	23.4M	26.9M	25.1M

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

0.8	BY	Byline Bancorp Report 25th of April 2024	Pair Corr
0.78	PB	Prosperity Bancshares Earnings Call This Week	Pair Corr

Moving against Axos Stock

0.51	TECTP	Tectonic Financial	Pair Corr
0.49	WF	Woori Financial Group Earnings Call Today	Pair Corr
0.47	KB	KB Financial Group Earnings Call This Week	Pair Corr
0.43	DB	Deutsche Bank AG Earnings Call This Week	Pair Corr
0.41	CFG-PD	Citizens Financial	Pair Corr

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 Correlation Correlation 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:

How To Invest In Axos

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Is Axos Stock a good investment?

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What is Axos Financial's Net Worth?

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Largest Thrifts & Mortgage Finance Companies

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Largest Banks - Regional Companies

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For more information on how to buy Axos Stock please use our How to Invest in Axos Financial guide.

You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running Axos Financial's price analysis, check to measure Axos Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Axos Financial is operating at the current time. Most of Axos Financial's value examination focuses on studying past and present price action to predict the probability of Axos Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axos Financial's price. Additionally, you may evaluate how the addition of Axos Financial to your portfolios can decrease your overall portfolio volatility.

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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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Axos Historical Income Statement

About Axos Income Statement Analysis

Axos Financial Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Operating Income

Axos Financial income statement Correlations

Axos Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Axos Financial income statement Accounts

Pair Trading with Axos Financial

Moving together with Axos Stock

Moving against Axos Stock

Complementary Tools for Axos Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Gross Profit	+ 1.0	Total Revenue
Net Income	+ 1.0	Total Revenue
Net Income From Continuing Ops	+ 1.0	Total Revenue
Net Income	+ 1.0	Gross Profit
Net Income From Continuing Ops	+ 1.0	Gross Profit
Ebit	+ 1.0	Operating Income

Total Operating Expenses	- 0.97	Other Operating Expenses
Total Other Income Expense Net	- 0.92	Total Operating Expenses
Interest Income	- 0.86	Total Operating Expenses
Selling And Marketing Expenses	- 0.86	Total Operating Expenses
Total Operating Expenses	- 0.86	Interest Expense
Net Income From Continuing Ops	- 0.82	Total Operating Expenses