Axos Financial is a financial holding company. Through its subsidiary, Axos Bank (the Bank), Co. provides banking and securities products and services. The Bank's deposit products are demand accounts, savings and money market accounts, and time deposits. Co.'s operating segments are: Banking Business, which include online banking, concierge banking, and mortgage, vehicle and unsecured lending; and Securities Business, which includes the clearing broker-dealer, registered investment advisor custody business, registered investment advisor, and introducing broker-dealer lines of businesses. The AX stock yearly return is shown above.
The yearly return on the AX stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2023 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the AX annual return calculation with any dividends reinvested as applicable (on ex-dates).
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