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SEGMENT REPORTING AND REVENUE INFORMATION (Tables)

6 Months Ended

Dec. 31, 2023

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 Three Months Ended December 31, 2023
(Dollars in thousands)			Banking Business						Securities Business						Corporate/Eliminations						Axos Consolidated
Net interest income			$	226,635					$	6,080					$	(4,109)					$	228,606
Provision for credit losses			13,500						—						—						13,500
Non-interest income			103,779						32,641						(12,291)						124,129
Non-interest expense			102,282						27,968						(8,411)						121,839
Income before taxes			$	214,632					$	10,753					$	(7,989)					$	217,396
			For the Three Months Ended December 31, 2022
(Dollars in thousands)			Banking Business						Securities Business						Corporate/Eliminations						Axos Consolidated
Net interest income			$	198,545					$	4,876					$	(3,511)					$	199,910
Provision for credit losses			3,001						—						—						3,001
Non-interest income			10,557						36,004						(18,232)						28,329
Non-interest expense			96,783						25,271						(14,027)						108,027
Income before taxes			$	109,318					$	15,609					$	(7,716)					$	117,211
			For the Six Months Ended December 31, 2023
(Dollars in thousands)			Banking Business						Securities Business						Corporate/Eliminations						Axos Consolidated
Net interest income			$	435,854					$	11,622					$	(7,715)					$	439,761
Provision for credit losses			20,500						—						—						20,500
Non-interest income			116,336						67,196						(24,896)						158,636
Non-interest expense			203,068						55,491						(16,214)						242,345
Income before taxes			$	328,622					$	23,327					$	(16,397)					$	335,552
			For the Six Months Ended December 31, 2022
(Dollars in thousands)			Banking Business						Securities Business						Corporate/Eliminations						Axos Consolidated
Net interest income			$	378,275					$	9,151					$	(7,041)					$	380,385
Provision for credit losses			11,751						—						—						11,751
Non-interest income			21,269						65,169						(30,901)						55,537
Non-interest expense			197,579						49,786						(23,251)						224,114
Income before taxes			$	190,214					$	24,534					$	(14,691)					$	200,057

			As of December 31, 2023
(Dollars in thousands)			Banking Business						Securities Business						Corporate/Eliminations						Axos Consolidated
Goodwill			$	35,721					$	61,952					$	—					$	97,673
Total Assets			$	20,757,856					$	819,744					$	46,164					$	21,623,764
			As of June 30, 2023
(Dollars in thousands)			Banking Business						Securities Business						Corporate/Eliminations						Axos Consolidated
Goodwill			$	35,721					$	61,952					$	—					$	97,673
Total Assets			$	19,396,167					$	899,496					$	52,806					$	20,348,469

Schedule of Other Nonoperating Income (Expense)

The following presents non-interest income, segregated by revenue streams in-scope and out-of-scope of Accounting Standards Codification (“ASC”) 606 for the periods indicated. For further information of the Company’s recognition of revenue and ASC 606 see Note 1—“Organizations and Summary of Significant Accounting Policies” in the 2023 Form 10-K.

			For the Three Months Ended												For the Six Months Ended
			December 31,												December 31,
(Dollars in thousands)			2023						2022						2023						2022
Advisory fee income			$	7,362					$	6,983					$	15,581					$	13,942
Broker-dealer clearing fees			6,068						4,425						11,603						9,658
Deposit service fees			2,414						2,202						3,094						3,308
Card fees			732						2,144						1,414						2,933
Bankruptcy trustee and fiduciary service fees			1,397						2,167						2,791						2,940
Non-interest income (in-scope of ASC 606)			17,973						17,921						34,483						32,781
Non-interest income (out-of-scope of ASC 606)			106,156						10,408						124,153						22,756
Total non-interest income			$	124,129					$	28,329					$	158,636					$	55,537

X

- Definition

Tabular disclosure of the components of non-operating income or non-operating expense that may include amounts earned from dividends, interest on securities, gains (losses) on securities sold, equity earnings of unconsolidated affiliates, net gain (loss) on sales of business, interest expense and other miscellaneous income or expense items.

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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.

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-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
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