Axos Financial (AX)

• Market cap: $4.1B
• 1 day: 0.86%
• 5 days: -9.91%
• 1 month: -10.03%
• 3 months: 8.32%
• 6 months: 33.45%
• Year to date: 30.37%
• 1 year: 34.88%
• 5 years: 137.52%
• 10 years: 262.27%
• Sector: Financials
• Industry: Savings Institution, Federally Chartered

About: Axos Financial Inc is a bank holding company that operates through its bank subsidiary, BofI Federal Bank, a nationwide bank that provides financing for single and multifamily residential properties, small to medium-size businesses in certain sectors, and selected specialty finance receivables. Its operating segments are banking business segment and securities business segment . The bank distributed its products through a wide range of retail distribution channels, including only banking brands, affinity groups, and sales teams, among others. The majority of the bank's mortgage exposure is titled toward the state of California, particularly its southern region. Net interest income is a majority of the bank's revenue.

Employees: 1,781

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

38% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 42

20% more funds holding in top 10

Funds holding in top 10: 5 [Q2] → 6 (+1) [Q3]

6% more capital invested

Capital invested by funds: $2.82B [Q2] → $3B (+$183M) [Q3]

5% more funds holding

Funds holding: 317 [Q2] → 333 (+16) [Q3]

7% less repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 115

9% less call options, than puts

Call options by funds: $44.8M | Put options by funds: $49.6M

2.8% less ownership

Funds ownership: 86.69% [Q2] → 83.89% (-2.8%) [Q3]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $75 5% upside
• Avg. target: $84 17% upside
• High target: $91 27% upside

3 analyst ratings

• positive: 1 33%
• neutral: 2 67%
• negative: 0 0%

Keefe, Bruyette & Woods Kelly Motta 55% 1-year accuracy 11 / 20 met price target	27% upside $91	Market Perform Maintained	4 Dec 2024
Needham Kyle Peterson 60% 1-year accuracy 35 / 58 met price target	19% upside $85	Buy Maintained	31 Oct 2024
Wedbush David Chiaverini 82% 1-year accuracy 40 / 49 met price target	5% upside $75	Neutral Maintained	24 Sept 2024