Axos Financial, Inc. · NYSE:AX
Axos Financial — Q2 2021 Earnings Presentation
7 slides from Axos Financial's earnings presentation, Jan 28, 2021
Slide 1: Axos Financial, Inc. Q2 2021 Earnings Presentation
Axos Financial, Inc. Q2 2021 Earnings Presentation January 28, 2021 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 Second Quarter Ended December 31, 2020
Net Loan Growth by Category for Second Quarter Ended December 31, 2020 $ Millions Q2 FY21 Q1 FY21 Inc (Dec) Jumbo Mortgage $4,068 $4,212 ($144) Single Family Mortgage & Warehouse SF Warehouse Lending 1,185 723 462 Multifamily & Multifamily 1,930 1,904 26 SB Commercial Mortgage Small Balance 433 395
Slide 4: Change in Allowance for Credit Losses (ACL) & Unfunded Loan Commitments Liability (UCL)
Change in Allowance for Credit Losses (ACL) & Unfunded Loan Commitments Liability (UCL) ($ in millions) $M 160 6.7 (1.0) 5.7 140 11.5 120 (2.6) (2.0) (2.1) (3.5) 100 80 132.9 136.4 60 40 20 0 September 30, Commercial Other Net Reduction of Other Net December 31, 1 2020 2 Lease Charge- 3 Charge-offs
Slide 5: Allowance for Credit Losses (ACL) by Loan and Lease Category at December 31, 2020
Allowance for Credit Losses (ACL) by Loan and Lease Category at December 31, 2020 $ Millions Loan Balance ACL $ ACL % Single Family Mortgage $5,252.8 $ 32.8 0.62% and Warehouse Multifamily & SB 2,363.0 12.9 0.55% Commercial Mortgage Commercial Real Estate 2,720.9 56.7 2.08% Loans & Leases Commercial
Slide 6: Credit Quality: No Loans in Forbearance and Decreasing NPA
Credit Quality No Loans in Forbearance and Decreasing NPA % of Loans in Forbearance or Loans 9/30/2020 Loans O/S Deferral % NPAs O/S Single Family-Mortgage & Warehouse $4,935.4 $0.0 0.00% $132.9 2.69% Multifamily and Commercial Mortgage $2,299.3 $0.0 0.00% $32.8 1.43% Commercial Real Estate $2,443.6
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