Axos Financial Inc (AX) - Net Assets
Based on the latest financial reports, Axos Financial Inc (AX) has net assets worth $2.79 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($27.43 Billion) and total liabilities ($24.64 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of Axos Financial Inc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.79 Billion |
| % of Total Assets | 10.18% |
| Annual Growth Rate | 25.32% |
| 5-Year Change | 91.35% |
| 10-Year Change | 292.15% |
| Growth Volatility | 23.68 |
Axos Financial Inc - Net Assets Trend (2001–2025)
This chart illustrates how Axos Financial Inc's net assets have evolved over time, based on quarterly financial data. Also explore how large is Axos Financial Inc's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Axos Financial Inc (2001–2025)
The table below shows the annual net assets of Axos Financial Inc from 2001 to 2025. For live valuation and market cap data, see Axos Financial Inc (AX) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $2.68 Billion | +17.03% |
| 2024-06-30 | $2.29 Billion | +19.48% |
| 2023-06-30 | $1.92 Billion | +16.69% |
| 2022-06-30 | $1.64 Billion | +17.28% |
| 2021-06-30 | $1.40 Billion | +13.82% |
| 2020-06-30 | $1.23 Billion | +14.71% |
| 2019-06-30 | $1.07 Billion | +11.72% |
| 2018-06-30 | $960.51 Million | +15.14% |
| 2017-06-30 | $834.25 Million | +22.04% |
| 2016-06-30 | $683.59 Million | +28.13% |
| 2015-06-30 | $533.53 Million | +43.89% |
| 2014-06-30 | $370.78 Million | +38.21% |
| 2013-06-30 | $268.26 Million | +29.83% |
| 2012-06-30 | $206.62 Million | +39.83% |
| 2011-06-30 | $147.77 Million | +13.83% |
| 2010-06-30 | $129.81 Million | +45.95% |
| 2009-06-30 | $88.94 Million | +7.05% |
| 2008-06-30 | $83.08 Million | +14.20% |
| 2007-06-30 | $72.75 Million | +3.56% |
| 2006-06-30 | $70.25 Million | +2.32% |
| 2005-06-30 | $68.65 Million | +116.16% |
| 2004-06-30 | $31.76 Million | +38.78% |
| 2003-06-30 | $22.89 Million | +17.35% |
| 2002-06-30 | $19.50 Million | +63.83% |
| 2001-06-30 | $11.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Axos Financial Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 261852500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.62 Billion | 97.68% |
| Common Stock | $711.00K | 0.03% |
| Other Comprehensive Income | $348.00K | 0.01% |
| Other Components | $61.09 Million | 2.28% |
| Total Equity | $2.68 Billion | 100.00% |
Axos Financial Inc Competitors by Market Cap
The table below lists competitors of Axos Financial Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jinan Shengquan Group Share Holding Co Ltd
SHG:605589
|
$4.84 Billion |
|
BRF S.A
F:P5Y
|
$4.84 Billion |
|
AUTO TRADER ADR 1/4 LS-01
F:2UA0
|
$4.85 Billion |
|
Faw Car Co Ltd
SHE:000800
|
$4.85 Billion |
|
Ufp Industries Inc
NASDAQ:UFPI
|
$4.84 Billion |
|
Bancolombia S.A
F:BXK
|
$4.84 Billion |
|
Celcuity LLC
NASDAQ:CELC
|
$4.84 Billion |
|
Vietnam Dairy Products JSC
VN:VNM
|
$4.84 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Axos Financial Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,290,596,000 to 2,680,677,000, a change of 390,081,000 (17.0%).
- Net income of 432,908,000 contributed positively to equity growth.
- Share repurchases of 58,203,000 reduced equity.
- Other comprehensive income increased equity by 2,814,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $432.91 Million | +16.15% |
| Share Repurchases | $58.20 Million | -2.17% |
| Other Comprehensive Income | $2.81 Million | +0.1% |
| Other Changes | $12.56 Million | +0.47% |
| Total Change | $- | 17.03% |
Book Value vs Market Value Analysis
This analysis compares Axos Financial Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.90x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 142.67x to 1.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-06-30 | $0.61 | $87.41 | x |
| 2002-06-30 | $1.00 | $87.41 | x |
| 2003-06-30 | $1.11 | $87.41 | x |
| 2004-06-30 | $1.52 | $87.41 | x |
| 2005-06-30 | $2.79 | $87.41 | x |
| 2006-06-30 | $2.05 | $87.41 | x |
| 2007-06-30 | $2.18 | $87.41 | x |
| 2008-06-30 | $2.48 | $87.41 | x |
| 2009-06-30 | $2.50 | $87.41 | x |
| 2010-06-30 | $3.45 | $87.41 | x |
| 2011-06-30 | $3.40 | $87.41 | x |
| 2012-06-30 | $4.27 | $87.41 | x |
| 2013-06-30 | $4.91 | $87.41 | x |
| 2014-06-30 | $6.41 | $87.41 | x |
| 2015-06-30 | $8.70 | $87.41 | x |
| 2016-06-30 | $10.63 | $87.41 | x |
| 2017-06-30 | $12.85 | $87.41 | x |
| 2018-06-30 | $14.97 | $87.41 | x |
| 2019-06-30 | $17.20 | $87.41 | x |
| 2020-06-30 | $20.03 | $87.41 | x |
| 2021-06-30 | $23.15 | $87.41 | x |
| 2022-06-30 | $27.11 | $87.41 | x |
| 2023-06-30 | $31.65 | $87.41 | x |
| 2024-06-30 | $39.00 | $87.41 | x |
| 2025-06-30 | $46.03 | $87.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Axos Financial Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 16.15%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.44%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 9.25x
- Recent ROE (16.15%) is above the historical average (11.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -9.09% | -298.90% | 0.00x | 13.16x | $-2.27 Million |
| 2002 | 5.23% | 207.32% | 0.00x | 11.16x | $-930.10K |
| 2003 | 7.56% | 11.64% | 0.05x | 11.95x | $-558.50K |
| 2004 | 6.85% | 12.82% | 0.04x | 12.75x | $-1.00 Million |
| 2005 | 4.18% | 12.27% | 0.04x | 8.88x | $-4.00 Million |
| 2006 | 4.65% | 9.59% | 0.05x | 10.50x | $-3.76 Million |
| 2007 | 4.56% | 7.25% | 0.05x | 13.02x | $-3.96 Million |
| 2008 | 5.05% | 6.39% | 0.05x | 14.37x | $-4.11 Million |
| 2009 | 8.03% | 9.84% | 0.06x | 14.64x | $-1.75 Million |
| 2010 | 16.28% | 22.50% | 0.07x | 10.95x | $8.15 Million |
| 2011 | 13.93% | 20.39% | 0.05x | 13.13x | $5.80 Million |
| 2012 | 14.27% | 22.31% | 0.06x | 11.55x | $8.81 Million |
| 2013 | 15.02% | 24.66% | 0.05x | 11.52x | $13.46 Million |
| 2014 | 15.09% | 28.65% | 0.04x | 11.88x | $18.88 Million |
| 2015 | 15.50% | 30.07% | 0.05x | 10.92x | $29.33 Million |
| 2016 | 17.45% | 31.06% | 0.05x | 11.12x | $50.93 Million |
| 2017 | 16.15% | 29.59% | 0.05x | 10.19x | $51.32 Million |
| 2018 | 15.87% | 27.91% | 0.06x | 9.93x | $56.36 Million |
| 2019 | 14.46% | 24.06% | 0.06x | 10.46x | $47.83 Million |
| 2020 | 14.90% | 25.56% | 0.05x | 11.25x | $60.35 Million |
| 2021 | 15.40% | 30.30% | 0.05x | 10.18x | $75.61 Million |
| 2022 | 14.65% | 31.76% | 0.04x | 10.62x | $76.42 Million |
| 2023 | 16.02% | 24.30% | 0.06x | 10.61x | $115.45 Million |
| 2024 | 19.65% | 25.46% | 0.08x | 9.98x | $220.95 Million |
| 2025 | 16.15% | 22.44% | 0.08x | 9.25x | $164.84 Million |
Industry Comparison
This section compares Axos Financial Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $552,557,300
- Average return on equity (ROE) among peers: 11.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Axos Financial Inc (AX) | $2.79 Billion | -9.09% | 8.82x | $4.84 Billion |
| Ameris Bancorp (ABCB) | $1.46 Billion | 8.31% | 6.86x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $5.70 Billion |
| ACNB Corporation (ACNB) | $74.01 Million | 9.97% | 11.77x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $129.12 Million | 4.21% | 5.71x | $135.98 Million |
| Alerus Financial Corp (ALRS) | $153.31 Million | 13.22% | 8.01x | $647.19 Million |
| Amalgamated Bank (AMAL) | $535.82 Million | 8.62% | 10.16x | $1.14 Billion |
| Amerant Bancorp Inc. (AMTB) | $901.22 Million | 12.53% | 7.48x | $962.39 Million |
| Arrow Financial Corporation (AROW) | $72.29 Million | 17.85% | 12.85x | $601.02 Million |
| Associated Banc-Corp (ASB) | $2.02 Billion | 12.80% | 9.17x | $5.20 Billion |
| AmeriServ Financial Inc (ASRV) | $65.10 Million | 11.83% | 10.90x | $62.60 Million |
About Axos Financial Inc
Axos Financial, Inc., together with its subsidiaries, operates as a consumer and business banking provider in the United States. The company operates through two segments, Banking Business and Securities Business. It offers deposits products, including consumer and business checking, savings, time deposit, and commercial and deposits. The company also provides residential single family, multifami… Read more