Axos Financial AX
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Axos Financial (AX) Business Model and Operations Summary
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.
Key Insights
Axos Financial (AX) Core Market Data and Business Metrics
Latest Closing Price
$64.37Market Cap
$3.67 BillionPrice-Earnings Ratio
16.68Total Outstanding Shares
57.10 Million SharesTotal Employees
1,781Dividend
No dividendIPO Date
March 15, 2005SIC Description
Savings Institution, Federally CharteredPrimary Exchange
New York Stock ExchangeHeadquarters
9205 West Russell Road, Las Vegas, NV, 89148
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Cash Flow Statement
July 1, 2024 to September 30, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Investing Activities, Continuing | $-45.54 Million |
| Net Cash Flow From Operating Activities | $70.79 Million |
| Net Cash Flow | $618.08 Million |
| Net Cash Flow, Continuing | $618.08 Million |
| Net Cash Flow From Financing Activities | $592.83 Million |
| Net Cash Flow From Operating Activities, Continuing | $70.79 Million |
Income Statement
July 1, 2024 to September 30, 2024
| Metric | Value |
|---|---|
| Diluted Average Shares | $56.93 Million |
| Revenues | $484.26 Million |
| Net Income/Loss Attributable To Parent | $112.34 Million |
| Interest And Dividend Income, Operating | $484.26 Million |
| Costs And Expenses | $325.07 Million |
| Provision For Loan, Lease, And Other Losses | $14 Million |
Comprehensive Income
July 1, 2024 to September 30, 2024
| Metric | Value |
|---|---|
| Other Comprehensive Income/Loss Attributable To Parent | $1.70 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Comprehensive Income/Loss Attributable To Parent | $114.04 Million |
| Comprehensive Income/Loss | $114.04 Million |
| Other Comprehensive Income/Loss | $114.04 Million |
Balance Sheet
July 1, 2024 to September 30, 2024
| Metric | Value |
|---|---|
| Current Liabilities | $21.16 Billion |
| Current Assets | $23.57 Billion |
| Noncurrent Assets | $0 |
| Noncurrent Liabilities | $0 |
| Assets | $23.57 Billion |
| Equity | $2.41 Billion |
Historical Dividends
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| No historical dividends | ||||