Axos FinancialAX
Market Cap: $3.61B
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 Q2 SEC filings by fund managers ($100M+ AUM)
67% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 5 (+2) [Q2]
21% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 39
3% more funds holding
Funds holding: 305 [Q1] → 313 (+8) [Q2]
5% more capital invested
Capital invested by funds: $2.64B [Q1] → $2.77B (+$130M) [Q2]
0.87% less ownership
Funds ownership: 86.07% [Q1] → 85.21% (-0.87%) [Q2]
23% less repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 124
33% less call options, than puts
Call options by funds: $33.6M | Put options by funds: $50M
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Keefe, Bruyette & Woods Kelly Motta 71% 1-year accuracy 10 / 14 met price target | 24%upside $79 | Market Perform Downgraded | 1 Aug 2024 |
Raymond James David Feaster 89% 1-year accuracy 25 / 28 met price target | 28%upside $81 | Outperform Maintained | 31 Jul 2024 |
Wedbush David Chiaverini 65% 1-year accuracy 34 / 52 met price target | 26%upside $80 | Neutral Maintained | 31 Jul 2024 |
Piper Sandler Andrew Liesch 78% 1-year accuracy 21 / 27 met price target | 32%upside $84 | Overweight Maintained | 31 Jul 2024 |
Financial journalist opinion
Based on 16 articles about AX published over the past 30 days