Axos Bank has been named one of Forbes’ 2025 America’s Best Banks, its fourth time making the list since 2019. The ranking evaluates 200 publicly traded U.S. banks, selecting the top 100 based on financial performance, risk management, and profitability.
How Forbes Ranked Axos
Forbes assessed banks using 11 financial metrics, including:
- Net Interest Margin – Measures how efficiently the bank earns from loans versus what it pays in deposits.
- Return on Average Assets – Shows how effectively assets generate profit.
- Common Equity Tier 1 (CET1) Ratio – Reflects financial stability.
- Efficiency Ratio – Indicates cost control relative to revenue.
- Nonperforming Assets Ratio – Measures loan defaults.
Data was reviewed from the 12 months ending September 30, 2024, with stock performance factored in through January 10, 2025.
Axos Bank’s Financial Strength
Axos Bank, a subsidiary of Axos Financial, Inc. (NYSE: AX), reported $23.7 billion in total assets as of December 31, 2024. The bank operates without traditional branches, offering digital-first consumer and business banking, securities clearing, and investment services. Its subsidiaries, Axos Clearing LLC and Axos Invest, Inc., manage $37.7 billion in assets under custody and administration.
CEO Greg Garrabrants said:
“Our financial strength and strategy continue to deliver value. Being on this list again confirms that.”
Axos’ Edge in Banking
Axos’ digital model and cost efficiency set it apart in a market where many traditional banks struggle with rising costs and regulatory pressures. Its inclusion in USA TODAY Blueprint’s 2024 ‘Best Of’ lists for checking accounts, business banking, and personal loans reinforces its reputation.
For customers, this means stability and strong financial management. For investors, it signals a disciplined, high-performing institution in a shifting banking landscape.
