Gregory Garrabrants is the CEO of Axos Financial, Inc., a role he has held since 2008. He has a solid educational background with a Juris Doctorate from Northwestern Law and an MBA from Kellogg School of Management. Before joining Axos,...

Gregory Garrabrants is the CEO of Axos Financial, Inc., a role he has held since 2008. He has a solid educational background with a Juris Doctorate from Northwestern Law and an MBA from Kellogg School of Management. Before joining Axos, he led business development at IndyMac Bancorp and worked at Goldman Sachs as an investment banker. Gregory is a Chartered Financial Analyst and has been influential in guiding Axos through strategic growth. His vision helped the company achieve impressive financial performance with total shareholder returns significantly above industry averages. Over the years, his compensation has varied, reaching as high as $10.5 million in 2022, reflecting the company’s success and his contribution to it. He is known for aligning his interests with those of the shareholders, focusing on performance metrics like return on equity. Under his leadership, Axos has adapted well to changing market conditions, showing resilience and a strong commitment to both innovation and financial prudence.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

A

Gregory Garrabrants

CEO of Axos Financial

Education

Juris Doctorate from Northwestern University School of Law, MBA from Kellogg Graduate School of Management at Northwestern University, Bachelor of Science in Industrial and Systems Engineering from the University of Southern California.

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1972 - 53 years ago

CEO of Axos Financial for

17 years 9 months (Oct 2007 - Present)

Previous Experience

Senior Vice President and Head of Corporate Business Development at a large thrift, investment banker at Goldman Sachs, management consultant at McKinsey & Company.

Rivals

Competitors/colleagues of Gregory Garrabrants

W

Timothy S. Crane

CEO of Wintrust Financial

2023 Compensation

Stock

$276.30K

Salary

$1.00M

Bonus

$1.14M

Other

$33.85K

Total Holdings

$10.29M

S

John C. Corbett

CEO of SouthState

2023 Compensation

Stock

$2.89M

Salary

$1.04M

Bonus

$1.33M

Other

$51.75K

Total Holdings

$25.26M

C

Chang M. Liu

CEO of Cathay General Bancorp

2023 Compensation

Stock

$5.13M

Salary

$920.00K

Bonus

$784.60K

Other

$16.50K

Total Holdings

$17.71M

H

Joseph S. Exnicios

CEO of Hancock Whitney Corporation

2023 Compensation

Stock

$265.86K

Salary

$553.84K

Bonus

$383.43K

Other

$67.08K

Total Holdings

$1.50K

H

John W. Allison

CEO of Home BancShares

2022 Compensation

Stock

$3.66M

Salary

$650.60K

Bonus

$0.00

Other

$687.75K

Total Holdings

$819.29K

Holdings

See how much did Gregory Garrabrants make over time.

Gregory Garrabrants has a substantial stake in Axos Financial, reflecting his belief in the company’s potential. Over the years, his insider trading activities show fluctuations in his net worth tied to the company’s stock performance. He saw significant growth in...

Gregory Garrabrants has a substantial stake in Axos Financial, reflecting his belief in the company’s potential. Over the years, his insider trading activities show fluctuations in his net worth tied to the company’s stock performance. He saw significant growth in his holdings during 2019 when the company's market cap was on the rise, reaching a peak value of approximately $53.66 million. However, the value has varied, with periods of decline during market corrections. Most recently, in late 2024, his holdings are around $124.51 million, indicating a strong recovery and growth trend. This type of engagement aligns his wealth closely with the success of Axos Financial, reinforcing his motivation to drive company performance and shareholder value.

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Total Stock Sold

$20.93M

AX

$20.93M

361,024 AX shares

What if they kept their stock?

If Gregory Garrabrants didn't sell their stock, today they would have:
Extra AX361,024 shares worth $8.98M.
This is -57.11% and $11.95M less than what they got when they sold the stock.

Charitable Transactions

AX

9,600 shares

AX

Recent Charitable Transactions

AX

$362.93K

AX at $82.49/share

Nov 13, 2024

Charity

AX

$424.06K

AX at $81.55/share

Nov 6, 2024

Charity

Insider Trading

See recent insider trades of Gregory Garrabrants.

AX

$362.93K

AX at $82.49/share

Nov 13, 2024

Charity

AX

$424.06K

AX at $81.55/share

Nov 6, 2024

Charity

AX

$10.20M

AX at $81.61/share

Nov 6, 2024

Sale

AX

$2.21M

AX at $45.60/share

Aug 4, 2023

Sale

AX

$8.51M

AX at $45.35/share

Aug 1, 2023

Sale

Compensation History

See how much did Gregory Garrabrants make over time.

In 2022, Gregory Garrabrants earned a total compensation of $10,505,037, which includes a salary of $700,000 and bonuses linked to the performance of Axos Financial, demonstrating his focus on results. His bonuses are tied to achieving a return on average equity of at least 15%, revealing how his pay aligns with the company's financial health. His compensation structure encourages him to ensure that the company performs well over the long term, making decisions that likely benefit shareholders. Historical compensation records show fluctuations, with total pay dropping to just over $1.2 million in 2021 after a year of impressive gains in the company's performance. This indicates that while his compensation can be substantial, it is performance-driven and reflective of the company's outcomes.

Year

2022

Total Compensation

$10.24M

Salary

$700.00K

Board Justification

The compensation philosophy is designed to attract, motivate, and retain key executives, aligning their interests with those of stockholders through performance-based incentives.

Bonus

$4.82M

Board Justification

The bonus is based on the company's performance metrics, including achieving a return on average equity of at least 15%. The calculated bonus for fiscal year 2023 was $1,815,586, paid in September 2023.

Other

$12.20K

Board Justification

Other compensation includes 401(k) matching contributions.

Restricted Stock

$4.72M(119.59K RSU)

Board Justification

The vested stock consists of restricted stock units that were granted in prior years and vested during fiscal year 2023.

Performance Metrics

The performance metrics include achieving a return on average equity of at least 15% and overall company performance relative to peers.