Axos Financial, Inc.
For the period ended Jun 30, 2025. Filed Aug 21, 2025.
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FY2025 · Filed Aug 21, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Signatures
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| AXOS FINANCIAL, INC. | |||
| Date: | August 21, 2025 | By: | /s/ Gregory Garrabrants |
|---|---|---|---|
| Gregory GarrabrantsPresident and Chief Executive Officer | |||
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Gregory Garrabrants and Derrick K. Walsh, jointly and severally, his or her attorneys-in-fact, each with the power of substitution, for him in any and all capacities, to sign any amendments to this Annual Report on Form 10-K, and file the same, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, hereby ratifying and confirming all that each of said attorneys-in-fact, or his substitute or substitutes, may do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Registrant as of August 21, 2025 in the capacities indicated:
| Signature | Title |
|---|---|
| /s/ Gregory Garrabrants | Chief Executive Officer (Principal Executive Officer), Director |
| Gregory Garrabrants | |
| /s/ Derrick K. Walsh | Chief Financial Officer (Principal Financial Officer) |
| Derrick K. Walsh | |
| /s/ Ann Gill | Senior Vice President and Chief Accounting Officer (Principal Accounting Officer) |
| Ann Gill | |
| /s/ Paul J. Grinberg | Chairman |
| Paul J. Grinberg | |
| /s/ Nicholas A. Mosich | Vice Chairman |
| Nicholas A. Mosich | |
| /s/ James S. Argalas | Director |
| James S. Argalas | |
| /s/ Tamara N. Bohlig | Director |
| Tamara N. Bohlig | |
| /s/ Stefani D. Carter | Director |
| Stefani D. Carter | |
| /s/ James J. Court | Director |
| James J. Court | |
| /s/ Uzair Dada | Director |
| Uzair Dada | |
| /s/ Edward J. Ratinoff | Director |
| Edward J. Ratinoff | |
| /s/ Roque A. Santi | Director |
| Roque A. Santi | |
| /s/ Sara Wardell-Smith | Director |
| Sara Wardell-Smith | |
AXOS FINANCIAL, INC. AND SUBSIDIARIES
INDEX TO CONSOLIDATED FINANCIAL STATEMENTS
| DESCRIPTION | PAGE |
|---|---|
| Report of Independent Registered Public Accounting Firm (BDO USA, P.C., San Diego, CA; PCAOB ID# 243) | F-1 |
| Consolidated Balance Sheets | F-3 |
| Consolidated Statements of Income | F-4 |
| Consolidated Statements of Comprehensive Income | F-5 |
| Consolidated Statements of Stockholders’ Equity | F-6 |
| Consolidated Statements of Cash Flows | F-7 |
| Notes to Consolidated Financial Statements | F-9 |
| 1. Organizations and Summary of Significant Accounting Policies | F-9 |
| 2. Acquisitions | F-18 |
| 3. Fair Value | F-18 |
| 4. Available-for-Sale Securities | F-24 |
| 5. Loans & Allowance for Credit Losses | F-26 |
| 6. Derivatives | F-32 |
| 7. Offsetting of Securities Financing Agreements | F-33 |
| 8. Customer, Broker-Dealer Clearing Receivables & Payables | F-34 |
| 9. Other Assets | F-34 |
| 10. Goodwill and Intangible Assets | F-37 |
| 11. Deposits | F-38 |
| 12. Advances from the Federal Home Loan Bank | F-38 |
| 13. Borrowings, Subordinated Notes and Debentures | F-39 |
| 14. Income Taxes | F-41 |
| 15. Stockholder’s Equity | F-43 |
| 16. Stock-Based Compensation | F-44 |
| 17. Earnings Per Common Share | F-46 |
| 18. Commitments, Contingencies, and Off-Balance-Sheet Activities | F-46 |
| 19. Regulatory Capital Requirements | F-47 |
| 20. Employee Benefit Plan | F-49 |
| 21. Parent-Only Condensed Financial Information | F-50 |
| 22. Segment Reporting | F-51 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.