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SEGMENT REPORTING (Tables)

12 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following tables present the operating results, goodwill, and assets of the segments:

			For the Fiscal Year Ended June 30, 2024
(Dollars in thousands)			Banking Business Segment						Securities Business Segment						Corporate/Eliminations						Axos Consolidated
Net interest income			$	950,832					$	26,207					$	(15,610)					$	961,429
Provision for credit losses			32,500						—						—						32,500
Non-interest income			139,071						129,020						(45,431)						222,660
Non-interest expense			418,695						115,091						(17,678)						516,108
Income before taxes			$	638,708					$	40,136					$	(43,363)					$	635,481

			For the Fiscal Year Ended June 30, 2023
(Dollars in thousands)			Banking Business Segment						Securities Business Segment						Corporate/Eliminations						Axos Consolidated
Net interest income			$	776,294					$	21,042					$	(14,215)					$	783,121
Provision for credit losses			24,250						—						—						24,250
Non-interest income			42,260						141,107						(62,879)						120,488
Non-interest expense			391,411						102,572						(46,368)						447,615
Income before taxes			$	402,893					$	59,577					$	(30,726)					$	431,744
			For the Fiscal Year Ended June 30, 2022
(Dollars in thousands)			Banking Business Segment						Securities Business Segment						Corporate/Eliminations						Axos Consolidated
Net interest income			$	597,833					$	17,580					$	(8,255)					$	607,158
Provision for credit losses			23,750						—						—						23,750
Non-interest income			60,881						64,069						(11,587)						113,363
Non-interest expense			268,829						84,014						3,969						356,812
Income before taxes			$	366,135					$	(2,365)					$	(23,811)					$	339,959
			As of June 30, 2024
(Dollars in thousands)			Banking Business Segment						Securities Business Segment						Corporate/Eliminations						Axos Consolidated
Goodwill			$	35,721					$	59,953					$	1,999					$	97,673
Total Assets			$	22,165,627					$	649,254					$	40,453					$	22,855,334
			As of June 30, 2023
(Dollars in thousands)			Banking Business Segment						Securities Business Segment						Corporate/Eliminations						Axos Consolidated
Goodwill			$	35,721					$	61,952					$	—					$	97,673
Total Assets			$	19,396,167					$	899,496					$	52,806					$	20,348,469

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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X

- References

No definition available.

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