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SEGMENT REPORTING AND REVENUE INFORMATION (Tables)

3 Months Ended

Sep. 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 Three Months Ended September 30, 2024
(Dollars in thousands)			Banking Business Segment						Securities Business Segment						Corporate/Eliminations						Axos Consolidated
Net interest income			$	288,492					$	7,267					$	(3,711)					$	292,048
Provision for credit losses			14,000						—						—						14,000
Non-interest income			8,590						29,902						(9,883)						28,609
Non-interest expense			118,315						28,091						1,059						147,465
Income before taxes			$	164,767					$	9,078					$	(14,653)					$	159,192
			For the Three Months Ended September 30, 2023
(Dollars in thousands)			Banking Business Segment						Securities Business Segment						Corporate/Eliminations						Axos Consolidated
Net interest income			$	209,219					$	5,542					$	(3,606)					$	211,155
Provision for credit losses			7,000						—						—						7,000
Non-interest income			12,557						34,555						(12,605)						34,507
Non-interest expense			100,786						27,523						(7,803)						120,506
Income before taxes			$	113,990					$	12,574					$	(8,408)					$	118,156
			As of September 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			$	22,868,054					$	674,523					$	26,507					$	23,569,084
			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

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 additional information on the Company’s recognition of revenue and ASC 606, see Note 1—“Organizations and Summary of Significant Accounting Policies” in the 2024 Form 10-K.

									For the Three Months Ended
									September 30,
(Dollars in thousands)															2024						2023
Advisory fee income															$	7,945					$	8,219
Broker-dealer clearing fees															5,072						5,535
Deposit service fees															773						680
Card fees															923						682
Bankruptcy trustee and fiduciary service fees															1,289						1,394
Non-interest income (in-scope of ASC 606)															16,002						16,510
Non-interest income (out-of-scope of ASC 606)															12,607						17,997
Total non-interest income															$	28,609					$	34,507

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.

+ 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

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-Name Accounting Standards Codification
-Topic 280
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-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

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-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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