Axos Financial, Inc. · NYSE:AX
Axos Financial — Q1 2021 Earnings Presentation
7 slides from Axos Financial's earnings presentation, Oct 29, 2020
Slide 1: Axos Financial, Inc. Q1 2021 Earnings Supplement
Axos Financial, Inc. Q1 2021 Earnings Supplement October 29, 2020 NYSE: AX
Slide 2: Safe Harbor
Safe Harbor This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the “Reform Act”). The words “believe,” “expect,” “anticipate,” “estimate,” “project,” or the negation thereof or similar expressions constitute forward-looki
Slide 3: Net Loan Growth by Category for First Quarter Ended September 30, 2020
Net Loan Growth by Category for First Quarter Ended September 30, 2020 $ Millions Q1 FY21 Q4 FY20 Inc (Dec) $4,212 $4,248 ($36) Single Family Jumbo Mortgage Mortgage & Warehouse SF Warehouse Lending 723 474 249 Multifamily & Multifamily 1,904 1,892 12 SB Commercial Mortgage Small Balance 395 371 24
Slide 4: Change in Allowance for Credit Losses (ACL) & Unfunded Loan Commitments Liability (UCL)
Change in Allowance for Credit Losses (ACL) & Unfunded Loan Commitments Liability (UCL) ($ in millions) $M 160 0.7 6.7 140 5.3 5.7 6.5 120 (2.0) 100 47.3 80 0.3 132.9 60 40 75.8 20 0 June 130, 2020 CECL2 Day-1 Net Charge-3 Provision4 for Other5 September6 30, ACL + UCL July 1, offs HRB Refund Provis
Slide 5: Allowance for Credit Losses (ACL) by Loan and Lease Category at September 30, 2020
Allowance for Credit Losses (ACL) by Loan and Lease Category at September 30, 2020 $ Millions Loan Balance ACL $ ACL % Single Family Mortgage $4,935.4 $28.3 0.57% and Warehouse Multifamily & SB $2,299.3 $12.4 0.54% Commercial Mortgage Commercial Real Estate $2,443.7 $49.2 2.01% Loans & Leases Commer
Slide 6: Credit Quality: No Loans in Forbearance as of 9/30/20
Credit Quality No Loans in Forbearance as of 9/30/20 vs. $132.1 million at 6/30/20 Loans in Loans & Forbearance/Deferral Delinquent Loans in 6/30/2020 Leases ($M) ($M) % NPAs ($M) % HFS ($M) % Total ($M) % Single Family-Mortgage & Warehouse $4,722.3 $95.8 2.03% $84.0 1.78% $0.0 0.00% $179.8 3.81% Mu
Slide 7: Contact Information
Contact Information Greg Garrabrants, President and CEO Andy Micheletti, EVP/CFO investors@axosfinancial.com www.axosfinancial.com Johnny Lai, VP Corporate Development and Investor Relations Phone: 858.649.2218 Mobile: 858.245.1442 jlai@axosfinancial.com 7