Bank

Updated:

Axos Financial

Axos Financial is a publicly traded digital bank based in San Diego, led by CEO Gregory Garrabrants, with over $22B in assets.

Axos Financial

Axos Financial was founded in 2000 as Bank of the Internet, a digital-first bank, and rebranded to Axos in 2018. Gregory Garrabrants became CEO in 2004 and drove its expansion into a diversified financial holding company. The firm's primary wealth origin is from public shareholders as a NYSE-listed entity. The firm allocates capital across commercial real estate loans, C&I lending, multifamily housing projects, and SBA lending. It also operates Axos Clearing, which provides prime brokerage and custody services to RIAs and broker-dealers. Geographically, Axos focuses on the US, with concentrations in California and other Western states. As of early 2025, Axos reported total assets of approximately $22.5 billion. Its team headcount is not publicly disclosed. The firm maintains no philanthropic foundation as a separate entity, with corporate giving managed through Axos Charitable Foundation. Axos's structural differentiator is its all-digital infrastructure, allowing it to fund loans via online deposits without a physical branch network. This gives it a lower cost base than traditional banks, which it uses to compete on pricing for commercial and real estate borrowers.

General information

Firm type

Bank

Year founded

2000

AUM

Undisclosed

Location

Region

North America

Country

United States

City

San Diego

Corporate office

San Diego, CA, United States

Principals

Gregory Garrabrants

President and Chief Executive Officer

Sector focus

Financial ServicesReal EstateInfrastructure

Frequently asked questions

Who runs investment decisions at Axos Financial?

Gregory Garrabrants has been President and CEO since 2004, overseeing all strategic and capital allocation decisions. The firm's investment committee includes Garrabrants and other senior executives, but detailed composition is not publicly disclosed (per SEC filings).

How does Axos Financial source proprietary deal flow?

Axos originates loans primarily through its digital platform and a network of correspondent lenders and intermediaries, focusing on commercial real estate and business lending. The firm does not rely on proprietary deal sourcing; it uses underwriting relationships and public marketing channels.

Is Axos Financial structured as a family office or a publicly traded bank?

Axos is a publicly traded financial holding company (NYSE: AX) with a commercial bank subsidiary (Axos Bank). It has no family office structure; its capital comes from retail deposits and retained earnings, not a single family's wealth.

What investment stages does Axos typically target?

Axos primarily makes debt investments via commercial loans, including construction loans, multifamily mortgages, and C&I loans. It does not typically engage in venture equity or growth-stage investments.

Which sectors does Axos explicitly avoid?

The firm's public filings show minimal exposure to fossil fuels, climate-tech, and early-stage technology. Its lending is concentrated in real estate and traditional business credit, with no stated prohibition on any specific sector beyond risk-management limits.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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