Axos Financial
Bank holding company based in Las Vegas, Nevada / From Wikipedia, the free encyclopedia
Axos Financial 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.
Company type | Public |
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NYSE: AX S&P 600 component Russell 2000 component | |
Industry | Financial services |
Founded | July 6, 1999; 24 years ago (1999-07-06) |
Headquarters | Las Vegas, Nevada |
Key people | Gregory Garrabrants, President & CEO Andrew J. Micheletti, CFO |
Products | Banking |
$54.3 million (quarter 2021) | |
Total assets | $14.4 billion (2021) |
Total equity | $1.3 billion (2021) |
Number of employees | 1,099 (2020) |
Website | investors |
Footnotes / references [1][2] |
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.[3] Examples include a $180 million loan to a plastic surgeon for his house[4] and a $100 million mortgage loan to a company owned by Donald Trump secured by Trump Tower.[5][6]