Axos Financial, Inc. (NYSE: AX) is a diversified online banking and financial services holding company headquartered in San Diego, California. The firm traces its origins to 1999 with the launch of Bank of Internet USA and rebranded as Axos Financial in December 2018 to reflect an expanded suite of digital offerings. Axos Financial operates through its wholly owned subsidiary, Axos Bank, providing a technology-driven banking platform that serves both retail and commercial clients across the United States.
Through its digital banking platform, Axos Financial delivers a range of deposit products, including checking and savings accounts, money market and certificate of deposit accounts, as well as individual retirement accounts. The company leverages its online infrastructure to offer competitive rates and fee structures, positioning itself as a direct bank alternative to traditional brick-and-mortar institutions. Customers access account services, mobile banking, and customer support through secure online and mobile channels.
In addition to consumer banking, Axos Financial offers lending solutions such as personal loans, residential mortgages, commercial real estate loans, and lines of credit. The company also provides treasury management, payment processing and wealth management services tailored to small to mid-sized businesses, corporate clients and high-net-worth individuals. Emphasizing digital efficiency, Axos Financial integrates automation and data analytics to streamline origination, underwriting and portfolio management processes.
Axos Financial serves clients nationwide, with a strategic focus on digital reach rather than physical branch networks. The company is led by Gregory Garrabrants, who has served as President and Chief Executive Officer since its inception. Under his leadership, Axos Financial has pursued growth through technology investments, product innovation and selective acquisitions to enhance its digital banking ecosystem.
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