Axos Financial (AX) Cash Due from Bank (2011 - 2023)
Axos Financial (AX) recorded Cash Due from Bank of $1.57 billion in fiscal Q2 2024 (quarter ended Dec 31, 2023), down 10.6% from $1.76 billion a year earlier and down 27.4% from the prior quarter.
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Analysis
Axos Financial (AX) Cash Due from Bank (2011 - 2023) Analysis & Trends
At the end of FY2023 (ended Jun 30, 2023), Axos Financial reported Cash Due from Bank of $2.23 billion, up 85.7% from FY2022.
- Annual Cash Due from Bank has a five-year compound annual growth rate of 29.1% (FY2018 to FY2023).
- Across earlier fiscal years, Cash Due from Bank came in at $1.2 billion in FY2022 (+68.0%), $715.62 million in FY2021 (-59.3%), $1.76 billion in FY2020 (+243.6%) and $511.13 million in FY2019 (-17.9%).
- The fiscal Q2 2024 figure is the lowest quarterly Cash Due from Bank since fiscal Q1 2023.
- On a year-over-year basis, Cash Due from Bank rose in six of the last eight quarters, with growth averaging 57.8%.
- Peak year-over-year performance for Cash Due from Bank in the last five years was growth of 300.0% in fiscal Q2 2020, against a decline of 59.3% in fiscal Q4 2021 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $2.16 billion (Q1 2024), $2.23 billion (Q4 2023) and $2.32 billion (Q3 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash Due from Bank (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - | 24.72 Bn |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - | - |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - | 28.10 Bn |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - | - |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - | - |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - | 46.00 Bn |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn | 505.89 Bn |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - | - |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - | 42.16 Bn |
| 10 | Axos Financial | 5.05 Bn | -1.84 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 1.57 Bn |
| Sep 30, 2023 | 2.16 Bn |
| Jun 30, 2023 | 2.23 Bn |
| Mar 31, 2023 | 2.32 Bn |
| Dec 31, 2022 | 1.76 Bn |
| Sep 30, 2022 | 1.37 Bn |
| Jun 30, 2022 | 1.20 Bn |
| Mar 31, 2022 | 998.35 Mn |
| Dec 31, 2021 | 858.73 Mn |
| Sep 30, 2021 | 1.00 Bn |
| Jun 30, 2021 | 715.62 Mn |
| Mar 31, 2021 | 1.15 Bn |
| Dec 31, 2020 | 1.13 Bn |
| Sep 30, 2020 | 907.61 Mn |
| Jun 30, 2020 | 1.76 Bn |
| Mar 31, 2020 | 671.74 Mn |
| Dec 31, 2019 | 1.03 Bn |
| Sep 30, 2019 | 702.32 Mn |
| Jun 30, 2019 | 511.13 Mn |
| Mar 31, 2019 | 763.34 Mn |
API Access
Axos Financial Cash Due from Bank 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=cash-due-from-bank&ticker=AX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-due-from-bank", "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=cash-due-from-bank&ticker=AX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();