Axos Financial

Axos Financial, Inc.
Company type	Public
Traded as	NYSE: AX; S&P 600 component; Russell 2000 component
Industry	Financial services
Founded	July 6, 1999
Headquarters	Las Vegas, Nevada
Key people	Gregory Garrabrants, President & CEO; Andrew J. Micheletti, CFO
Products	Banking
Net income	$307 million (FY 2023)
Total assets	$20.348 billion (FY 2023)
Total equity	$1.917 billion (FY 2023)
Owner	Gregory Garrabrants (2.6%)
Number of employees	1,099 (2020)
Website	investors.axosfinancial.com/corporate-profile/
	Footnotes / references;

Axos Financial is a bank holding company based in Las Vegas, Nevada. The company operates Axos Clearing LLC, a financial custodian; Axos Bank, a direct bank; registered investment adviser services via Axos Advisor Services; and operates an electronic trading platform via Axos Invest, Inc.

Approximately 71.5% of the company's loans are secured by properties in California, 11.8% are secured by properties in New York, and 5.1% are secured by properties in Florida.^[2] The bank has made larger loans to wealthy individuals that other banks have turned down, albeit at higher interest rates.^[4] Examples include a $180 million loan to a plastic surgeon for his house^[5] and a $100 million mortgage loan to a company owned by Donald Trump secured by Trump Tower.^[6]^[7]

^ Cite error: The named reference revolutionized was invoked but never defined (see the help page).
^ ^a ^b "AXOS FINANCIAL, INC. 2023 Form 10-K Annual Report For the fiscal year ended June 30, 2023". U.S. Securities and Exchange Commission. August 29, 2023.
^ "Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934". U.S. Securities and Exchange Commission. September 25, 2023.
^ Eavis, Peter (August 22, 2015). "An Internet Mortgage Provider Reaps the Rewards of Lending Boldly". The New York Times.
^ Clarke, Katherine (6 September 2018). "The War of the Los Angeles Megamansions". The Wall Street Journal. Archived from the original on 2023-02-25.
^ McKnight, Patricia (March 9, 2022). "Virtual Bank Loans Trump $100M After Firm Warned of 'Unreliable' Finances". Newsweek.
^ Everson, Zach (March 11, 2022). "Checks & Imbalances: Trump's $100 Million Loan, Fortenberry Heads To Court". Forbes.

[revolutionized-1] Cite error: The named reference revolutionized was invoked but never defined (see the help page).

[10K-2] "AXOS FINANCIAL, INC. 2023 Form 10-K Annual Report For the fiscal year ended June 30, 2023". U.S. Securities and Exchange Commission. August 29, 2023.

[3] "Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934". U.S. Securities and Exchange Commission. September 25, 2023.

[4] Eavis, Peter (August 22, 2015). "An Internet Mortgage Provider Reaps the Rewards of Lending Boldly". The New York Times.

[5] Clarke, Katherine (6 September 2018). "The War of the Los Angeles Megamansions". The Wall Street Journal. Archived from the original on 2023-02-25.

[6] McKnight, Patricia (March 9, 2022). "Virtual Bank Loans Trump $100M After Firm Warned of 'Unreliable' Finances". Newsweek.

[7] Everson, Zach (March 11, 2022). "Checks & Imbalances: Trump's $100 Million Loan, Fortenberry Heads To Court". Forbes.

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