Pay vs Performance Disclosure
Jun. 30, 2026
USD ($)
Jun. 30, 2025
USD ($)
Jun. 30, 2024
USD ($)
Jun. 30, 2023
USD ($)
Jun. 30, 2022
USD ($)
| Year | Summary Compensation Table Total for PEO(1) | Compensation Actually Paid to PEO(1)(2) | Average Summary Compensation Table Total for Non-PEO NEO(1) | Average Compensation Actually Paid to Non-PEO NEOs(1),(3) | Value of Initial Fixed $100 Investment Based on: | Net Income (In Thousands) | Return on Average Common Equity | |||||||||||||||||||||||||||||||
Axos Total Shareholder Return(4) | Peer Group Total Shareholder Return(4) | |||||||||||||||||||||||||||||||||||||
2026 | $ | 12,054,932 | $ | 23,989,941 | $ | 1,532,975 | $ | 2,054,054 | $ | 209.94 | $ | 144.43 | $ | 490,372 | 16.32 | % | ||||||||||||||||||||||
2025 | 11,694,915 | 22,672,818 | 1,925,950 | 2,686,571 | 163.91 | 112.60 | 432,908 | 17.30 | % | |||||||||||||||||||||||||||||
2024 | 13,861,409 | 19,394,010 | 1,415,002 | 2,005,992 | 123.19 | 92.77 | 450,008 | 21.64 | % | |||||||||||||||||||||||||||||
2023 | 10,605,532 | 5,859,824 | 1,308,698 | 1,469,939 | 85.02 | 77.50 | 307,165 | 17.22 | % | |||||||||||||||||||||||||||||
2022 | 13,734,823 | 8,266,718 | 1,489,318 | 979,109 | 77.28 | 93.93 | 240,716 | 15.61 | % | |||||||||||||||||||||||||||||
(1)NEOs included in the above table are comprised of the following individuals. In accordance with SEC rules, only the Company’s CEO, CFO and three highest-paid NEOs from the Summary Compensation Table are included.
| Fiscal Year | PEO | Non-PEO NEOs | ||||||
2026 | Gregory Garrabrants | Eshel Bar-Adon, Raymond Matsumoto, Brian Swanson, Derrick K. Walsh | ||||||
2025 | Gregory Garrabrants | David Park, Brian Swanson, John Tolla, Derrick K. Walsh | ||||||
2024 | Gregory Garrabrants | Thomas Constantine, Raymond Matsumoto, David Park, Derrick K. Walsh | ||||||
2023 | Gregory Garrabrants | Thomas Constantine, Raymond Matsumoto, David Park, Derrick K. Walsh | ||||||
2022 | Gregory Garrabrants | Thomas Constantine, Raymond Matsumoto, Andrew J. Micheletti, Brian Swanson, Derrick K. Walsh | ||||||
(2)The following summarizes the amounts deducted and added to the Summary Compensation Table Total for PEO to calculate CAP to PEO:
Fiscal Year | ||||||||||||||||||||||||||||||||
| 2026 | 2025 | 2024 | 2023 | 2022 | ||||||||||||||||||||||||||||
Amounts reported in the Summary Compensation Table as Stock Awards granted during the fiscal year which are based on grant date fair values | $ | (9,344,166) | $ | (8,892,443) | $ | (9,433,632) | $ | (5,225,526) | $ | (8,792,836) | ||||||||||||||||||||||
Fair value as of the end of the fiscal year of equity awards granted during the fiscal year which remain outstanding and unvested as of the end of the fiscal year | 8,580,643 | (a) | 7,135,898 | (b) | 6,496,355 | (c) | 3,275,492 | (d) | 4,083,638 | (e) | ||||||||||||||||||||||
Change in fair value during the fiscal year of awards granted in prior years that remain outstanding and unvested as of the end of the fiscal year | 8,385,148 | 7,574,286 | 5,293,448 | 858,642 | (3,781,373) | |||||||||||||||||||||||||||
Fair value as of the vesting date for awards that were granted and vested during the fiscal year | — | — | — | — | 4,287,266 | |||||||||||||||||||||||||||
Change in fair value from the end of the prior fiscal year to the vesting date for awards granted in prior years that vested during the fiscal year | 4,313,384 | 5,160,162 | 3,176,430 | 429,321 | (1,264,800) | |||||||||||||||||||||||||||
Fair value as of the end of the prior fiscal year of awards granted in prior years that did not meet the applicable vesting conditions during the fiscal year | — | — | — | (4,083,637) | — | |||||||||||||||||||||||||||
Net difference between Summary Compensation Table Total for PEO and CAP to PEO | $ | 11,935,009 | $ | 10,977,903 | $ | 5,532,601 | $ | (4,745,708) | $ | (5,468,105) | ||||||||||||||||||||||
(a)Includes RSUs related to awards made to Mr. Garrabrants on January 1, 2026 to be issued, if at all, in September 2027 based on the Company’s performance in connection with the renewal of his employment agreement. See “Impact of One-Year Renewal on CEO RSU Award Grant Date” and footnote 5 to the Summary Compensation Table for additional information regarding the fiscal year 2026 estimated award.
(b)Reflects an aggregated estimated RSU award totaling 93,884 RSUs, related to awards made to Mr. Garrabrants on January 1, 2025 which were issued in September 2026 based on the Company’s performance in connection with the renewal of his employment agreement. The change in fair value of the actual RSU award issued in September 2026 is included in “Change in fair value during the fiscal year of awards granted in prior years that remain outstanding and unvested as of the end of the fiscal year” in fiscal year 2026. See “Impact of One-Year Renewal on CEO RSU Award Grant Date” and footnote 5 to the Summary Compensation Table for additional information regarding the fiscal year 2025 estimated award.
(c)Reflects an aggregated estimated RSU award totaling 113,672 RSUs, related to awards made to Mr. Garrabrants on January 1, 2024 which were issued in September 2025 based on the Company’s performance in connection with the renewal of his employment agreement. The change in fair value of the actual RSU award issued in September 2025 is included in “Change in fair value during the fiscal year of awards granted in prior years that remain outstanding and unvested as of the end of the fiscal year” in fiscal year 2025. See “Impact of One-Year Renewal on CEO RSU Award Grant Date” and footnote 5 to the Summary Compensation Table for additional information regarding the fiscal year 2024 estimated award.
(d)Reflects an aggregated estimated RSU award totaling 83,050 RSUs, related to awards made to Mr. Garrabrants on January 1, 2023 which were issued in September 2024 based on the Company’s performance in connection with the renewal of his employment agreement. The change in fair value of the actual RSU award issued in September 2024 is included in “Change in fair value during the fiscal year of awards granted in prior years that remain outstanding and unvested as of the end of the fiscal year” in fiscal year 2024. Both amounts have been revised from the prior year presentation. See “Impact of One-Year Renewal on CEO RSU Award Grant Date” and footnote 5 to the Summary Compensation Table for additional information regarding the fiscal year 2023 estimated award.
(e)Reflects an aggregated estimated RSU award totaling 113,909 RSUs, related to awards made to Mr. Garrabrants on January 1, 2022 which were based on the Company’s performance in connection with the renewal of his employment agreement.
Fiscal Year | |||||||||||||||||||||||||||||
| 2026 | 2025 | 2024 | 2023 | 2022 | |||||||||||||||||||||||||
Amounts reported in the Summary Compensation Table as Stock Awards granted during the fiscal year which are based on grant date fair values | $ | (514,402) | $ | (1,022,903) | $ | (508,040) | $ | (461,723) | $ | (749,258) | |||||||||||||||||||
Fair value as of the end of the fiscal year of equity awards granted during the fiscal year which remain outstanding and unvested as of the end of the fiscal year | 572,069 | 1,222,761 | 634,979 | 488,573 | 559,274 | ||||||||||||||||||||||||
Change in fair value during the fiscal year of awards granted in prior years that remain outstanding and unvested as of the end of the fiscal year | 352,259 | 487,055 | 406,560 | 81,648 | (340,008) | ||||||||||||||||||||||||
Change in fair value from the end of the prior fiscal year to the vesting date for awards granted in prior years that vested during the fiscal year | 111,153 | 73,708 | 57,491 | 52,743 | 19,783 | ||||||||||||||||||||||||
Net difference between Average Summary Compensation Table Total for Non-PEO NEOs and Average CAP to Non-PEO NEOs | $ | 521,079 | $ | 760,621 | $ | 590,990 | $ | 161,241 | $ | (510,209) | |||||||||||||||||||
 | PEO CAP |  | Average CAP for Non-PEO NEO | |||||||||||
 | Company Shareholder Returns |  | Peer Group Shareholder Returns | |||||||||||
Compensation Actually Paid versus Net Income
| | PEO CAP | | Average CAP for Non-PEO NEO |  | Net Income | ||||||||||||||||||
| | PEO CAP | | Average CAP for Non-PEO NEO | | Return on Average Common Equity |  | Peer Group Return on Average Common Equity(1) | |||||||||||||||||||||||||
(1)Represents the average of the Company's designated proxy peer group based on available public filings. | ||||||||||||||||||||||||||||||||
| | PEO CAP | | Average CAP for Non-PEO NEO | |||||||||||
| | Company Shareholder Returns | | Peer Group Shareholder Returns | |||||||||||
Axos total shareholder return and peer group total shareholder return are impacted by external factors related to broader equity markets. PEO CAP and Average CAP for Non-PEO NEO include significant equity components and are calculated using the fiscal year-end share prices, which inherently are impacted by external factors related to broader equity markets.
Excluding the impact of a one-time gain recognized related to a loan purchase in fiscal year 2024, the Company’s net income has increased in each of the past five fiscal years reflecting the successful leadership of the PEO and the Non-PEO NEOs. However, net income is dependent on a variety of factors, some of which are not directly linked to how compensation actually paid to the Company’s executive officers is determined for purposes of this disclosure, including the share price of the Company’s common stock during the applicable fiscal year.
The Company’s return on average common equity has ranged from 15.61% to 21.64% over the past five fiscal years. Return on average common equity is dependent on a variety of factors, some of which are not directly linked to how compensation actually paid to the Company’s executive officers is determined for purposes of this disclosure, including the share price of the Company’s common stock during the applicable fiscal year.
Net income | Total return to stockholders | ||||
Return on average common equity | Market capitalization | ||||
Average common equity | |||||
Overall and relative performance of the Named Executive Officer | ||
Corporate performance, including return on average common equity | ||
Peer bank Named Executive Officer compensation levels | ||
Business unit performance | ||