Axos Financial, Inc. (AX)
译 Is Axos Financial a Buy? Axos is not your typical bank, in that it is completely online with no physical branches, and it hasn't performed like other banks during this pandemic ... In the most recent quarter, Axos posted a ridiculously low 39.8% overall efficiency ratio, which was down significantly from 52.7% in the same quarter last year ... There is a lot to like about Axos, including its tangible book value -- the financial value of a bank's hard assets minus its intangible assets.
motley fool · 05-23 18:00
译 Why Shares of Axos Financial Are Going Up Today So what With bank stocks, investors need to keep an eye on net interest margin (NIM), a metric where Axos has traditionally excelled ... When the Federal Reserve dropped interest rates to near zero earlier this year, the assumption was Axos' NIM would fall ... Through loan portfolio growth and excellent cost control, Axos Financial delivered net income of $56 million, which was up a whopping 44% year over year.
motley fool · 05-01 01:03
译 Axos Financial, Inc. (AX) Q3 2020 Earnings Call Transcript Before we begin, I would like to remind listeners that prepared remarks made on this call may contain forward-looking statements that are subject to risks and uncertainties and that management may make additional statements in response to your questions ... Its subsidiaries can be identified by common use forward-looking terminology, and those statements involve unknown risks and uncertainties, including all business related risks that are more detailed in the company's filings on Form 10-K, 10-
motley fool · 04-30 14:01
译 Axos Financial Rises Nearly 6% After Hours on Q3 Beats Axos Financial (NYSE:AX) was an after-market trading star on Wednesday, following the release of its Q3 of fiscal 2020 results late that afternoon ... That was on the back of a 16% increase in total revenue, to $180.2 million, helped by nearly 11% growth in net loans and leases, plus a 6.5% improvement in total deposits ... While Axos -- like numerous other banks coping with the economic damage caused by the SARS-CoV-2 coronavirus outbreak -- increased its loan-loss provisions in Q3, that lift w
motley fool · 04-30 07:16
Why Axos Financial, Discover Financial Services, and Fifth Third Bancorp All Fell Over 25% Last Month What happened Shares of Axos Financial (NYSE:AX), Fifth Third Bancorp (NASDAQ:FITB), and Discover Financial Services (NYSE:DFS) fell 27.2%, 39.1%, and 45.6% respectively just in the month of March, according to data from S&P Global Market Intelligence ... Recessions are never good for financial stocks, and the prospect of a downturn also sparks particular fears in smaller regional banks that may lack the resources of giant money-center banks ... While Axos is the only name of the bunch that can
motley fool · 04-06 01:00