Axos Financial is a bank holding company based in San Diego, California and is the parent of Axos Bank, a direct bank.
Approximately 72.2% of the company’s loans are secured by properties in California, 9.47% are secured by properties in New York, and 5.11% are secured by properties in Florida.
Axos Bank has deposit and loan customers nationwide including consumer and business checking, savings and time deposit accounts and financing for single family and multifamily residential properties, small-to-medium size businesses in target sectors, and selected specialty finance receivables.
The bank has made larger loans to wealthy individuals that other banks have turned down, albeit at higher interest rates.
Traded as: NYSE: AX; S&P 600 component; Russell 2000 component
Industry: Financial Services
Founded: July 6, 1999; 21 years ago
Headquarters: San Diego, California
Products: Online banking