LAS VEGAS (AP) — LAS VEGAS (AP) — Axos Financial (AX) on Thursday reported fiscal second-quarter profit of $128.4 million.
The Las Vegas-based company said it had profit of $2.22 per share. Earnings, adjusted for costs related to mergers and acquisitions, were $2.25 per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.07 per share.
The bank holding company posted revenue of $567.2 million in the period. Its adjusted revenue was $385.1 million.
Axos Financial shares have risen nearly 10% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $94.64, a rise of 37% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AX at https://www.zacks.com/ap/AX
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