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SEGMENT REPORTING AND REVENUE INFORMATION (Tables) | 9 Months Ended
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Mar. 31, 2025
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 March 31, 2025
(Dollars in thousands) | Banking Business Segment |  | Securities Business Segment |  | Corporate/Eliminations |  | Axos Consolidated
Net interest income | $ | 272,260 |  |  | $ | 6,942 |  |  | $ | (3,738) |  |  | $ | 275,464 |
Provision for credit losses | 14,500 |  |  | — |  |  | — |  |  | 14,500 |
Non-interest income | 12,666 |  |  | 30,611 |  |  | (9,904) |  |  | 33,373 |
Non-interest expense | 118,325 |  |  | 28,416 |  |  | (480) |  |  | 146,261 |
Income before taxes | $ | 152,101 |  |  | $ | 9,137 |  |  | $ | (13,162) |  |  | $ | 148,076 |
| For the Three Months Ended March 31, 2024
(Dollars in thousands) | Banking Business Segment |  | Securities Business Segment |  | Corporate/Eliminations |  | Axos Consolidated
Net interest income | $ | 258,435 |  |  | $ | 7,133 |  |  | $ | (3,962) |  |  | $ | 261,606 |
Provision for credit losses | 6,000 |  |  | — |  |  | — |  |  | 6,000 |
Non-interest income | 11,908 |  |  | 32,746 |  |  | (11,491) |  |  | 33,163 |
Non-interest expense | 104,959 |  |  | 32,488 |  |  | (4,219) |  |  | 133,228 |
Income before taxes | $ | 159,384 |  |  | $ | 7,391 |  |  | $ | (11,234) |  |  | $ | 155,541 |
| For the Nine Months Ended March 31, 2025
(Dollars in thousands) | Banking Business Segment |  | Securities Business Segment |  | Corporate/Eliminations |  | Axos Consolidated
Net interest income | $ | 837,472 |  |  | $ | 21,216 |  |  | $ | (11,077) |  |  | $ | 847,611 |
Provision for credit losses | 40,748 |  |  | — |  |  | — |  |  | 40,748 |
Non-interest income | 24,204 |  |  | 89,517 |  |  | (23,940) |  |  | 89,781 |
Non-interest expense | 351,176 |  |  | 84,685 |  |  | 3,185 |  |  | 439,046 |
Income before taxes | $ | 469,752 |  |  | $ | 26,048 |  |  | $ | (38,202) |  |  | $ | 457,598 |
| For the Nine Months Ended March 31, 2024
(Dollars in thousands) | Banking Business Segment |  | Securities Business Segment |  | Corporate/Eliminations |  | Axos Consolidated
Net interest income | $ | 694,289 |  |  | $ | 18,755 |  |  | $ | (11,677) |  |  | $ | 701,367 |
Provision for credit losses | 26,500 |  |  | — |  |  | — |  |  | 26,500 |
Non-interest income | 128,244 |  |  | 99,942 |  |  | (36,387) |  |  | 191,799 |
Non-interest expense | 308,027 |  |  | 87,979 |  |  | (20,433) |  |  | 375,573 |
Income before taxes | $ | 488,006 |  |  | $ | 30,718 |  |  | $ | (27,631) |  |  | $ | 491,093 |
| As of March 31, 2025
(Dollars in thousands) | Banking Business Segment |  | Securities Business Segment |  | Corporate/Eliminations |  | Axos Consolidated
Goodwill | $ | 35,721 |  |  | $ | 59,953 |  |  | $ | 1,999 |  |  | $ | 97,673 |
Total Assets | $ | 23,206,934 |  |  | $ | 767,441 |  |  | $ | 6,779 |  |  | $ | 23,981,154 |
| 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 |  | For the Nine Months Ended
| March 31, |  | March 31,
(Dollars in thousands) | 2025 |  | 2024 |  | 2025 |  | 2024
Advisory fee income | $ | 8,120 |  |  | $ | 8,105 |  |  | $ | 24,047 |  |  | $ | 23,686 |
Broker-dealer clearing fees | 6,002 |  |  | 4,885 |  |  | 16,780 |  |  | 16,488 |
Deposit service fees | 924 |  |  | 525 |  |  | 4,234 |  |  | 3,619 |
Card fees | 589 |  |  | 495 |  |  | 2,195 |  |  | 1,909 |
Bankruptcy trustee and fiduciary service fees | 351 |  |  | 1,418 |  |  | 2,746 |  |  | 4,209 |
Non-interest income (in-scope of ASC 606) | 15,986 |  |  | 15,428 |  |  | 50,002 |  |  | 49,911 |
Non-interest income (out-of-scope of ASC 606) | 17,387 |  |  | 17,735 |  |  | 39,779 |  |  | 141,888 |
Total non-interest income | $ | 33,373 |  |  | $ | 33,163 |  |  | $ | 89,781 |  |  | $ | 191,799 |

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- 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. + References No definition available. + Details
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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 + Details
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