Company type | Public |
---|---|
NYSE: AX S&P 600 component Russell 2000 component | |
Industry | Financial services |
Founded | July 6, 1999 |
Headquarters | Las Vegas, Nevada |
Key people | Gregory Garrabrants (president & CEO) Andrew J. Micheletti (CFO) |
Products | Banking |
$307 million (FY 2023) | |
Total assets | $20.348 billion (FY 2023) |
Total equity | $1.917 billion (FY 2023) |
Owner | Gregory Garrabrants (2.6%) |
Number of employees | 1,099 (2020) |
Website | investors |
Footnotes / references [1][2][3] |
Axos Financial, Inc., is a bank holding company based in Las Vegas, Nevada. The company operates Axos Clearing LLC, a financial custodian; Axos Bank, a direct bank; registered investment adviser services via Axos Advisor Services; and operates an electronic trading platform via Axos Invest, Inc.
Approximately 71.5% of the company's loans are secured by properties in California, 11.8% are secured by properties in New York, and 5.1% are secured by properties in Florida.[2] The bank has made larger loans to wealthy individuals that other banks have turned down, albeit at higher interest rates.[4] Examples include a $180 million loan to a plastic surgeon for his house[5] and a $100 million mortgage loan to a company owned by Donald Trump secured by Trump Tower.[6][7]
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