Axos Financial
Axos Financial is a holding company with approximately $22.6 billion in consolidated assets, overseeing Axos Bank, Axos Clearing LLC, and Axos Invest, Inc. Its common stock is listed on the NYSE under the symbol 'AX'.
Company Overview
Axos Financial is a diversified financial services holding company based in Las Vegas, Nevada. As of March 31, 2024, the company has approximately $22.6 billion in consolidated assets. Axos Financial operates through several subsidiaries, which include Axos Bank, Axos Clearing LLC, and Axos Invest, Inc.
Banking Services
Axos Bank provides nationwide consumer and business banking services. The bank leverages low-cost distribution channels and affinity partnerships to offer a range of financial products. These services aim to meet the diverse needs of individual customers and businesses alike.
Investment Services
Axos Invest, Inc. offers digital investment advisory services targeting retail investors. The platform empowers users to manage their investments efficiently with a focus on accessibility and user-friendly digital solutions.
Securities Clearing
Axos Clearing LLC, including its business division Axos Advisor Services, provides comprehensive securities clearing services. As of March 31, 2024, they manage approximately $35.0 billion in assets under custody and/or administration, catering to introducing broker-dealers and registered investment advisor correspondents.
Stock Information
Axos Financial's common stock trades on the New York Stock Exchange (NYSE) under the symbol 'AX'. The company is a component of several indices, including the Russell 2000® Index, the S&P SmallCap 600® Index, the KBW Nasdaq Financial Technology Index, and the Travillian Tech-Forward Bank Index.