Axos Financial(AX) - 2026 Q1 - Earnings Call Presentation

Financial Performance - Net income for the quarter ended June 30, 2025, was $110675 thousand[16], or $196 per basic share and $192 per diluted share[16] - Adjusted earnings (Non-GAAP) were $111814 thousand, with adjusted EPS (Non-GAAP) at $194[22] - The company's return on average assets was 185% and return on average common stockholders' equity was 1685%[16] - Net interest margin was 484%, and the efficiency ratio was 4687%[16] Balance Sheet - Total assets as of June 30, 2025, reached $24783078 thousand[13] - Total loans outstanding were $21552 million[3] - Total deposits amounted to $20829543 thousand[13], with approximately 90% of deposits being FDIC-insured or collateralized[4] - The allowance for credit losses was $290049 thousand, representing 136% of total loans held for investment[13, 16] Loan Portfolio - Single Family Mortgage & Warehouse loans totaled $4395 million with an ACL of $12 million (03%)[9] - Multifamily & Commercial Mortgage loans were $2941 million with an ACL of $26 million (09%)[9] - Commercial Real Estate loans amounted to $6937 million with an ACL of $114 million (16%)[9]