{"id":812280,"date":"2025-02-12T16:12:18","date_gmt":"2025-02-12T21:12:18","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/axos-bank-named-one-of-americas-best-banks-by-forbes\/"},"modified":"2025-02-12T16:12:18","modified_gmt":"2025-02-12T21:12:18","slug":"axos-bank-named-one-of-americas-best-banks-by-forbes","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/axos-bank-named-one-of-americas-best-banks-by-forbes\/","title":{"rendered":"Axos Bank Named One of America&#8217;s Best Banks by Forbes"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Axos Bank Named One of America&#8217;s Best Banks by Forbes<\/b><\/p>\n<p>SAN DIEGO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.axosbank.com%2F&amp;esheet=54204708&amp;newsitemid=20250212701851&amp;lan=en-US&amp;anchor=Axos+Bank&amp;index=1&amp;md5=f78e30f99fb7e8428ae19a24fc89885a\">Axos Bank<\/a>, the nationwide bank subsidiary of Axos Financial, Inc. (NYSE: AX), was named to the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.forbes.com%2Flists%2Famericas-best-banks&amp;esheet=54204708&amp;newsitemid=20250212701851&amp;lan=en-US&amp;anchor=2025+Forbes+America%27s+Best+Banks+list&amp;index=2&amp;md5=e20a17c56457be1da32e2d5d0b32f0d0\">2025 Forbes America&#8217;s Best Banks list<\/a>. Forbes considered the 200 largest publicly traded banks and thrifts by assets and ranked the top 100.<\/p>\n<p>\nThe 16th annual Forbes America&#8217;s Best Banks list evaluated and ranked these institutions based on 11 metrics measuring growth, credit quality, and profitability for the twelve months, ending September 30, 2024, as well as stock performance in the twelve months through January 10, 2025. The 10 equally-weighted financial metrics are net interest margin; return on average tangible common equity; return on average assets; CET1 ratio; efficiency ratio; nonperforming assets as a percentage of total assets; reserves as a percentage of total assets; risk-based capital ratio; operating revenue growth; and net charge-offs as a percentage of total loans.<\/p>\n<p>\n&#8220;It\u2019s an honor to be recognized by Forbes as one of the top banks in America for the 4<sup>th<\/sup> time since 2019,&#8221; said Greg Garrabrants, President and CEO of Axos Financial, Inc. &#8220;This recognition is a testament to our diversified consumer and commercial banking model. Our ability to successfully manage growth, profitability, risk and capital positions us well to deliver strong returns to our shareholders.&#8221;<\/p>\n<p>\nFor more information regarding the 2025 Forbes America\u2019s Best Banks list, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.forbes.com%2Flists%2Famericas-best-banks&amp;esheet=54204708&amp;newsitemid=20250212701851&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.forbes.com%2Flists%2Famericas-best-banks&amp;index=3&amp;md5=46a24c634cd4316f7c16f3d079f31b6f\">https:\/\/www.forbes.com\/lists\/americas-best-banks<\/a>.<\/p>\n<p><b>About Axos Bank<\/b><\/p>\n<p>\nAxos Financial, Inc., with approximately $23.7 billion in consolidated assets as of December 31, 2024, is the holding company for Axos Bank, Axos Clearing LLC, and Axos Invest, Inc. Axos Bank provides consumer and business banking products nationwide through its low-cost distribution channels and affinity partners. Axos Clearing LLC (including its business division Axos Advisor Services), with approximately $37.7 billion of assets under custody and\/or administration as of December 31, 2024, and Axos Invest, Inc., provide comprehensive securities clearing services to introducing broker-dealers and registered investment advisor correspondents, and digital investment advisory services to retail investors, respectively. Axos Financial, Inc.&#8217;s common stock is listed on the NYSE under the symbol &#8220;AX,&#8221; and is a component of the Russell 2000\u00ae Index, the S&amp;P SmallCap 600\u00ae Index, the KBW Nasdaq Financial Technology Index, and the Travillian Tech-Forward Bank Index. For more information regarding Axos Bank, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.axosbank.com&amp;esheet=54204708&amp;newsitemid=20250212701851&amp;lan=en-US&amp;anchor=http%3A%2F%2Fwww.axosbank.com&amp;index=4&amp;md5=841a8cbbc2f809d330c4e4ed9c67537a\">http:\/\/www.axosbank.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250212701851r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250212701851\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250212701851\/en\/<\/a><\/span><\/p>\n<p><b>Media Contact:<br \/>\n<\/b><br \/>Johnny Lai, CFA<br \/>\n<br \/>SVP, Corporate Development and Investor Relations<br \/>\n<br \/>Axos Financial, Inc.<br \/>\n<br \/>Phone: 1-858-649-2218<br \/>\n<br \/>Email: <a rel=\"nofollow\" href=\"mailto:jlai@axosfinancial.com\">jlai@axosfinancial.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250212701851\/en\/1731703\/3\/axos_financial.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Axos Bank Named One of America&#8217;s Best Banks by Forbes SAN DIEGO&#8211;(BUSINESS WIRE)&#8211;Axos Bank, the nationwide bank subsidiary of Axos Financial, Inc. (NYSE: AX), was named to the 2025 Forbes America&#8217;s Best Banks list. Forbes considered the 200 largest publicly traded banks and thrifts by assets and ranked the top 100. The 16th annual Forbes America&#8217;s Best Banks list evaluated and ranked these institutions based on 11 metrics measuring growth, credit quality, and profitability for the twelve months, ending September 30, 2024, as well as stock performance in the twelve months through January 10, 2025. The 10 equally-weighted financial metrics are net interest margin; return on average tangible common equity; return on average assets; CET1 ratio; efficiency ratio; nonperforming assets &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/axos-bank-named-one-of-americas-best-banks-by-forbes\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Axos Bank Named One of America&#8217;s Best Banks by Forbes&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-812280","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Axos Bank Named One of America&#039;s Best Banks by Forbes - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/axos-bank-named-one-of-americas-best-banks-by-forbes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Axos Bank Named One of America&#039;s Best Banks by Forbes - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Axos Bank Named One of America&#8217;s Best Banks by Forbes SAN DIEGO&#8211;(BUSINESS WIRE)&#8211;Axos Bank, the nationwide bank subsidiary of Axos Financial, Inc. (NYSE: AX), was named to the 2025 Forbes America&#8217;s Best Banks list. Forbes considered the 200 largest publicly traded banks and thrifts by assets and ranked the top 100. The 16th annual Forbes America&#8217;s Best Banks list evaluated and ranked these institutions based on 11 metrics measuring growth, credit quality, and profitability for the twelve months, ending September 30, 2024, as well as stock performance in the twelve months through January 10, 2025. 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