Skip to content
Screener

Axos Financial AX Banking Business Segment — Salaries and related costs

Other segment segments

Securities Business Segment
$14.39M-5.7%

Similar metrics at other companies

Delta Air Lines logo
DALAirline — Salaries and related costs
$4.76B+8.2%
Avalo Therapeutics logo
AVTXReportable Segment — Salaries, benefits and related costs
$2.63M+20.6%
HOM
HOMBBanking Segment — Salaries and employee benefits
$68.74M+6.9%
Trico Bancshares logo
TCBKReportable segment — Salaries and related benefits
$38.97M+1.8%
BlackSky Technology logo
BKSYReportable Segment — Salaries and benefit costs
$11.74M+0.3%
Western Alliance Bancorporation logo
WALConsumer Related Segment — Salaries and employee benefits
$50.8M+17.9%

Other financials

Income statement

See full
Revenue$392.2M+27.0%
Net income$124.7M+18.5%
EPS (diluted)$2.15+18.8%

Balance sheet

See full
Cash & equivalents$1.4B-40.1%
Total debt$371.8M-5.1%
Total equity$3.1B+17.7%
Total assets$29.2B+22.0%

Cash flow

See full
Operating cash flow$42.0M-43.0%
CapEx$143.3M+1,575%
Free cash flow$85.4M-45.4%

Valuation

See full
Market cap$5.78B+20.3%
P/E12.1×+1.0×
P/S4.1×+0.2×

Profitability

See full
Net margin33.5%-1.3pp
FCF margin31.5%+3.2pp

Returns & leverage

See full
Return on equity16.8%-1.0pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by Axos Financial in its filing.

Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.

The source filing: Axos Financial’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:16 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0001299709-26-000035
(Dollars in thousands)Banking Business SegmentSecurities Business SegmentCorporate/EliminationsAxos Consolidated
Net interest income$303,445$7,860$(5,044)$306,261
Provision for credit losses41,00041,000
Non-interest income164,09030,529(8,631)85,988
Non-interest expense—Salaries and related costs59,98814,3947,18981,571
Non-interest expense—Other segment items292,68915,122(3,429)104,382
Total non-interest expense1152,67729,5163,760185,953
Income before taxes$173,858$8,873$(17,435)$165,296
For the Three Months Ended March 31, 2025

ITEM 1.FINANCIAL STATEMENTS

FAQ

What is Axos Financial's banking business segment — salaries and related costs?
Axos Financial (AX) reported banking business segment — salaries and related costs of $59.99M in Q1 2026.
How has Axos Financial's banking business segment — salaries and related costs changed year-over-year?
Axos Financial's banking business segment — salaries and related costs increased by 15.5% year-over-year, from $51.96M to $59.99M.
What is the long-term trend for Axos Financial's banking business segment — salaries and related costs?
Over 2 years (2023 to 2025), Axos Financial's banking business segment — salaries and related costs has grown at a 19.8% compound annual growth rate (CAGR), from $144.86M to $207.91M.
What does banking business segment — salaries and related costs mean?
This represents the total compensation expense, including wages, benefits, and payroll taxes, for employees dedicated to the banking segment. It is a key component of operating efficiency and reflects the human capital investment required to support banking operations. Monitoring this helps evaluate the scalability of the bank's workforce relative to its revenue growth.

Ask your AI about Axos Financial's banking business segment — salaries and related costs.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude