Axos Financial, Inc. Common Stock
AXAxos Financial, Inc. is a financial services company that provides banking and lending solutions primarily through its subsidiary, Axos Bank. Established in 2000, it offers a range of banking products including personal and business checking accounts, savings, mortgage lending, and business banking services. Known for its digital-first approach, Axos focuses on leveraging technology to deliver efficient and innovative banking experiences.
Company News
Keefe, Bruyette & Woods announced index rebalancing across six financial sector indexes, involving multiple additions and removals of companies across insurance, banking, REIT, and financial technology sectors.
Axos Financial reported mixed fiscal year 2025 second-quarter earnings. Adjusted EPS beat estimates, but revenue fell short due to a decline in non-interest income. The company maintained strong operational efficiency, with a rising net interest margin and improved credit quality. However, management did not provide specific forward guidance, and...
Two stocks, LRN and AX, saw massive gains after short sellers released bearish reports, leading to short squeezes that caused significant losses for the short sellers.
Analyst Kyle Peterson initiated coverage on Axos Financial with a Buy rating, citing the company's digital-first strategy and strong profitability as key advantages over traditional banks.
Implied volatility for Axos Financial (AX) stock options is surging, suggesting investors expect a big move in the stock. However, analysts have revised their earnings estimates for the company downward, indicating a neutral sentiment.
