Axos Financial reports Q2 adjusted EPS $1.38, consensus $1.22

Net loans for investment totaled $15.5 billion at December 31, 2022, an increase of $0.3 billion, or 7% annualized, from $15.2 billion at September 30, 2022. Deposits totaled $15.7 billion at December 31, 2022, an increase of $0.5 billion, or 14% annualized, from $15.2 billion at September 30, 2022. Pretax income for the Securities Business segment was $15.6 million for the quarter ended December 31, 2022 compared to $8.9 million for the quarter ended September 30, 2022. Net interest margin was 4.49% for the quarter ended December 31, 2022, compared to 4.10% for the quarter ended December 31, 2021. Return on average common stockholders’ equity was 18.71% for the quarter ended December 31, 2022. Book value increased to $29.79 per share at December 31, 2022, from $25.60, an increase of 16% from December 31, 2021.