Axos Financial, Inc. (NASDAQ: BOFI) (“Axos” or the “Company”), parent company of BofI Federal Bank (the “Bank”), announced that the Company made the 2018 Sandler O’Neill + Partners (“Sandler O’Neill”) Sm-All Stars. This is the sixth consecutive year the Company receives this recognition.
“It’s an honor to be selected to the Sandler O’Neill Sm-All Stars for six consecutive years,” stated Greg Garrabrants, President and Chief Executive Officer of Axos Financial, Inc. “This achievement is the result of our unrelenting focus on asset quality, profitable growth and prudent capital management.”
Sandler O’Neill evaluated 401 publicly traded banks and thrifts with a market cap below $2.5 billion. The evaluation was based on various performance metrics focused on growth, profitability, and capital strength. Based on earnings per share growth, loan growth, deposit growth, and return on average equity, 30 banks and thrifts were selected to the 2018 Sandler O’Neill Sm-All Stars class.
About Axos Financial, Inc.
Axos Financial, Inc. is the holding company for BofI Federal Bank, which will become Axos Bank on October 1. BofI Federal Bank is a nationwide bank that provides financing for single and multifamily residential properties, small-to-medium size businesses in target sectors, and selected specialty finance receivables. With nearly $10 billion in assets, BofI Federal Bank provides consumer and business banking products through its low-cost distribution channels and affinity partners. For more information on BofI Federal Bank, please visit bofifederalbank.com. For more information on the rebranding of BofI Federal Bank to Axos Bank, please visit https://www.axosbank.com.
Johnny Lai, CFA
VP, Corporate Development and Investor Relations