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Axos Financial AX Business Segments

FY'25FY'24FY'23FY'22
Non-interest income by Business
Banking Business Segment$46.43M-66.6%$139.07M+229%$42.26M-30.6%$60.88M
Securities Business Segment$119.14M-7.7%$129.02M-8.6%$141.11M+120%$64.07M
Non-interest income (in-scope ASC 606) by Product
Advisory fee income$31.79M+1.5%$31.34M+10.6%$28.32M+0.1%$28.31M
Technology and service fees$3.47M-41.2%$5.89M-3.6%$6.11M+97.1%$3.1M
Concentration risk percentage by Geography
California70.5%+1.2pp69.3%-2.1pp71.4%+0.8pp70.6%-1.9pp
FLORIDA19.5%+9.1pp10.4%-0.1pp10.5%
New York37.1%-1.8pp38.9%+1.4pp37.5%-3.0pp40.5%-13.7pp
TEXAS10.2%

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Questions, answered.

How does Axos Financial break its business down?
Axos Financial (AX) reports non-interest income by business across 2 parts — Banking Business Segment and Securities Business Segment. Each is extracted from the segment footnotes and tracked over time.
Where does Axos Financial's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Axos Financial's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.