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Axos Financial Inc (AX.N)

AX.N on New York Stock Exchange

26.40USD
10:46pm IST
Change (% chg)

$-0.12 (-0.45%)
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$43.16
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$23.88

Latest Key Developments (Source: Significant Developments)

Axos Financial Clearing Advanced About $16.5 Mln To A Correspondent Customer
Friday, 8 Mar 2019 

March 8 (Reuters) - Axos Financial Inc ::AXOS FINANCIAL - ON MARCH 7, AXOS CLEARING ADVANCED ABOUT $16.5 MILLION TO A CORRESPONDENT CUSTOMER.AXOS FINANCIAL - REPAYMENT OF NET LIABILITY OF CORRESPONDENT CUSTOMER OF ABOUT $15.1 MILLION IS UNCERTAIN.AXOS FINANCIAL INC - ADVANCED MONEY TO CORRESPONDENT CUSTOMER TO COVER LOSSES RESULTING FROM UNAUTHORIZED SECURITIES TRADES BY AN EMPLOYEE OF CUSTOMER.AXOS FINANCIAL - REPAYMENT OF NET LIABILITY OF CORRESPONDENT CUSTOMER MAY RESULT IN CHARGE OF THIS AMOUNT DURING REGISTRANT’S CURRENT FISCAL QUARTER.AXOS FINANCIAL- BEEN INFORMED THAT CUSTOMER'S EMPLOYEE PERPETRATED FRAUDULENT SCHEME TO EVADE RISK CONTROLS,FALSIFIED TRADES ENTERED INTO CO'S SYSTEM.AXOS FINANCIAL INC - AXOS CLEARING COMMENCED LEGAL PROCEEDINGS TO SEIZE BROKERAGE ACCOUNT OWNED BY EMPLOYEE WITH LIQUID NET ASSETS OF ABOUT $13 MILLION.AXOS- REGISTRANT TO LIKELY ESTABLISH RESERVE AGAINST ADVANCE OF UP TO $15.1 MILLION, IT WOULD REDUCE REGISTRANT’S AFTER-TAX EPS BY ABOUT $0.17 IN CURRENT QUARTER.  Full Article

Axos Financial Inc. Q2 Earnings Per Share $0.62
Wednesday, 30 Jan 2019 

Jan 29 (Reuters) - Axos Financial Inc ::AXOS FINANCIAL, INC. REPORTS SECOND QUARTER 2019 NET INCOME, UP 22.7%.Q2 EARNINGS PER SHARE $0.62.Q2 EARNINGS PER SHARE ESTIMATE $0.63 -- REFINITIV IBES DATA.QTRLY NET INTEREST INCOME $92.7 MILLION VERSUS $84.2 MILLION.QTRLY ADJUSTED EPS $0.63.  Full Article

Axos Bank Signs Agreement To Acquire Deposits From MWABank
Thursday, 13 Dec 2018 

Dec 13 (Reuters) - Axos Financial Inc ::AXOS BANK SIGNS AGREEMENT TO ACQUIRE DEPOSITS FROM MWABANK.AXOS BANK SIGNS AGREEMENT TO ACQUIRE DEPOSITS FROM MWABANK.AXOS FINANCIAL INC - TO ACQUIRE APPROXIMATELY $225 MILLION OF DEPOSITS.AXOS FINANCIAL INC - TO ACQUIRE APPROXIMATELY $225 MILLION OF DEPOSITS, INCLUDING APPROXIMATELY $194 MILLION OF CHECKING.AXOS FINANCIAL INC - AXOS WILL PAY NO DEPOSIT PREMIUM AND REPLACE HIGHER COST FUNDING WITH ACQUIRED DEPOSITS AT CLOSING..AXOS FINANCIAL INC - AXOS IS NOT ASSUMING ANY ASSETS, EMPLOYEES OR BRANCHES IN THIS TRANSACTION.AXOS FINANCIAL INC - CURRENT WEIGHTED AVERAGE ANNUAL INTEREST RATE PAID ON ACQUIRED DEPOSITS IS APPROXIMATELY 42 BASIS POINTS..  Full Article

Axos Financial Inc Signs Agreement To Acquire Wisebanyan
Thursday, 25 Oct 2018 

Oct 24 (Reuters) - Axos Financial Inc ::AXOS FINANCIAL, INC. SIGNS AGREEMENT TO ACQUIRE WISEBANYAN.AXOS FINANCIAL INC - WILL FUND ALL-CASH TRANSACTION WITH EXISTING CAPITAL..AXOS FINANCIAL INC - EXPECTS ACQUISITION TO HAVE AN IMMATERIAL IMPACT ON ITS FINANCIAL RESULTS AND CLOSE IN Q4 OF CALENDAR 2018.AXOS FINANCIAL INC - WISEBANYAN EXECUTIVE TEAM AND STAFF WILL JOIN AXOS.AXOS FINANCIAL INC - UNIT AXOS SECURITIES, LLC, SIGNED A DEFINITIVE AGREEMENT TO ACQUIRE CERTAIN ASSETS OF WISEBANYAN HOLDING AND ITS SUBSIDIARIES.  Full Article

Axos Financial Inc's Banking Unit Rebranded As Axos Bank
Monday, 1 Oct 2018 

Oct 1 (Reuters) - Axos Financial Inc ::AXOS FINANCIAL INC - BOFI FEDERAL BANK, BANKING UNIT OF CO, ANNOUNCED IT HAS REBRANDED AS AXOS BANK.AXOS FINANCIAL INC - BOFI FEDERAL BANK WILL CEASE UTILIZING CONSUMER BRAND BANK OF INTERNET, U.S.A..  Full Article

Axos Financial Signs Agreement To Acquire COR Clearing LLC
Monday, 1 Oct 2018 

Oct 1 (Reuters) - Axos Financial Inc ::AXOS FINANCIAL, INC. SIGNS AGREEMENT TO ACQUIRE COR CLEARING LLC.AXOS FINANCIAL INC - DEAL ACCRETIVE TO EARNINGS PER SHARE BY 6% IN YEAR 1.AXOS FINANCIAL INC - ALL-CASH TRANSACTION WILL BE FUNDED WITH EXISTING CAPITAL AT HOLDING COMPANY.  Full Article

Bofi Holding Inc - It Expects To Voluntarily Delist From Nasdaq At Close Of Trading On September 28, 2018
Wednesday, 12 Sep 2018 

Sept 12 (Reuters) - BofI Holding Inc ::BOFI HOLDING INC - IT EXPECTS TO VOLUNTARILY DELIST FROM NASDAQ AT CLOSE OF TRADING ON SEPTEMBER 28, 2018.BOFI HOLDING INC - INTENDS TO TRANSFER LISTING OF ITS COMMON STOCK AND 6.25 PCT SUBORDINATED NOTES TO NYSE.BOFI HOLDING INC - COMMON STOCK HAS BEEN APPROVED FOR LISTING ON NYSE UNDER SYMBOL "AX".BOFI HOLDING INC - HAS CHANGED ITS NAME TO AXOS FINANCIAL INC.  Full Article

Bofi Federal Bank Signs Agreement To Acquire $3 Bln Of Deposits From Nationwide Bank
Friday, 3 Aug 2018 

Aug 3 (Reuters) - BofI Holding Inc ::BOFI FEDERAL BANK SIGNS AGREEMENT TO ACQUIRE $3 BILLION OF DEPOSITS FROM NATIONWIDE BANK.BOFI FEDERAL BANK SIGNS AGREEMENT TO ACQUIRE $3 BILLION OF DEPOSITS FROM NATIONWIDE BANK.BOFI HOLDING INC - EXPECTS TRANSACTION TO BE IMMEDIATELY ACCRETIVE TO EARNINGS AND TANGIBLE BOOK VALUE..BOFI HOLDING INC - A DEPOSIT PREMIUM COMMENSURATE WITH FAIR MARKET VALUE OF DEPOSITS PURCHASED WILL BE FUNDED FROM EXCESS CAPITAL AT BANK.BOFI HOLDING - DEPOSITS TO BE ACQUIRED FROM NATIONWIDE BANK INCLUDE $1 BILLION IN CHECKING, SAVINGS, MONEY MARKET ACCOUNTS & $2 BILLION IN TIME DEPOSIT ACCOUNTS.  Full Article

BofI Holding Announces Acquisition Of Trustee And Fiduciary Services Business From Epiq
Thursday, 5 Apr 2018 

April 4 (Reuters) - BofI Holding Inc ::BOFI HOLDING, INC. ANNOUNCES ACQUISITION OF TRUSTEE AND FIDUCIARY SERVICES BUSINESS FROM EPIQ.EXPECTS ACQUISITION TO BE IMMEDIATELY ACCRETIVE TO EARNINGS..ALL-CASH TRANSACTION WAS FUNDED FROM EXISTING CAPITAL AT BOFI FEDERAL BANK.  Full Article

BofI Holding Q1 earnings per share $0.50
Thursday, 26 Oct 2017 

Oct 25 (Reuters) - BofI Holding Inc ::BofI Holding, Inc reports strong first quarter 2018 results.Q1 earnings per share $0.50.Q1 earnings per share view $0.50 -- Thomson Reuters I/B/E/S.BofI Holding Inc qtrly ‍net interest income $80.6 million versus $69.8 million​.  Full Article