Axos Financial (AX) Bank-Owned Life Insurance (2011 - 2018)
Axos Financial (AX) reported Bank-Owned Life Insurance of $6.45 million for fiscal Q2 2019 (quarter ended Dec 31, 2018), up 2.9% from $6.27 million a year earlier and up 0.7% from the prior quarter.
Powered by 
Analysis
Axos Financial (AX) Bank-Owned Life Insurance (2011 - 2018) Analysis & Trends
At the end of FY2018 (ended Jun 30, 2018), Axos Financial posted Bank-Owned Life Insurance of $6.36 million, up 3.0% from FY2017.
- Bank-Owned Life Insurance has increased for seven consecutive fiscal years, with a five-year compound annual growth rate of 3.1% (FY2013 to FY2018).
- By fiscal year, Bank-Owned Life Insurance came in at $6.17 million in FY2017 (+3.1%), $5.99 million in FY2016 (+3.2%), $5.81 million in FY2015 (+3.2%) and $5.63 million in FY2014 (+3.3%).
- The fiscal Q2 2019 figure ranks as the highest quarterly Bank-Owned Life Insurance in data going back to fiscal Q4 2011.
- Year over year, Bank-Owned Life Insurance has now increased in each of the last 27 quarters, with growth averaging 3.0% over the last eight quarters.
- Per Business Quant data, the three fiscal quarters before Q2 2019 came in at $6.4 million (Q1 2019), $6.36 million (Q4 2018) and $6.31 million (Q3 2018).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | BOLI (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 916.58 Bn | 916.58 Bn | - | - |
| 2 | Bank Of America | 362.10 Bn | -2,014.01 Bn | - | - |
| 3 | Hsbc Holdings | 314.03 Bn | -1,789.56 Bn | - | - |
| 4 | Morgan Stanley | 289.57 Bn | -254.46 Bn | - | - |
| 5 | Royal Bank Of Canada | 287.54 Bn | -542.51 Bn | - | - |
| 6 | Goldman Sachs | 268.73 Bn | -3,474.72 Bn | - | - |
| 7 | Wells Fargo & Company | 258.05 Bn | 258.05 Bn | - | - |
| 8 | Mitsubishi Ufj Financial | 247.49 Bn | -93.90 Bn | 10.89 Bn | - |
| 9 | American Express | 218.27 Bn | 17.76 Bn | - | - |
| 10 | Axos Financial | 5.34 Bn | -534.18 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2018 | 6.45 Mn |
| Sep 30, 2018 | 6.40 Mn |
| Jun 30, 2018 | 6.36 Mn |
| Mar 31, 2018 | 6.31 Mn |
| Dec 31, 2017 | 6.27 Mn |
| Sep 30, 2017 | 6.22 Mn |
| Jun 30, 2017 | 6.17 Mn |
| Mar 31, 2017 | 6.13 Mn |
| Dec 31, 2016 | 6.08 Mn |
| Sep 30, 2016 | 6.04 Mn |
| Jun 30, 2016 | 5.99 Mn |
| Mar 31, 2016 | 5.94 Mn |
| Dec 31, 2015 | 5.90 Mn |
| Sep 30, 2015 | 5.85 Mn |
| Jun 30, 2015 | 5.81 Mn |
| Mar 31, 2015 | 5.76 Mn |
| Dec 31, 2014 | 5.72 Mn |
| Sep 30, 2014 | 5.67 Mn |
| Jun 30, 2014 | 5.63 Mn |
| Mar 31, 2014 | 5.58 Mn |
API Access
Axos Financial Bank-Owned Life Insurance API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=bank-owned-life-insurance&ticker=AX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "bank-owned-life-insurance", "ticker": "AX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=bank-owned-life-insurance&ticker=AX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();