BofI Holding Company Profile (NASDAQ:BOFI)

About BofI Holding (NASDAQ:BOFI)

BofI Holding logoBofI Holding, Inc. (BofI) is the holding company for BofI Federal Bank (the Bank). The Bank is a diversified financial services company. The Bank provides consumer and business banking products through its branchless, low-cost distribution channels and affinity partners. The Bank has deposit and loan customers, including consumer and business checking, savings and time deposit accounts and financing for single family and multifamily residential properties, small-to-medium size businesses in target sectors, and selected specialty finance receivables. The Bank distributes its deposit products through a range of retail distribution channels, and its deposits consist of demand, savings and time deposits accounts. Its mortgage-backed securities consist primarily of mortgage pass-through securities issued by government-sponsored entities and non-agency collateralized mortgage obligations and pass-through mortgage-backed securities issued by private sponsors.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Banks
  • Sub-Industry: Thrifts & Mortgage Finance
  • Symbol: NASDAQ:BOFI
  • CUSIP: 05566U10
  • Web: www.bofiholding.com
Capitalization:
  • Market Cap: $1.76 billion
  • Outstanding Shares: 63,605,000
Average Prices:
  • 50 Day Moving Avg: $26.97
  • 200 Day Moving Avg: $25.18
  • 52 Week Range: $17.95 - $32.57
P/E:
  • Trailing P/E Ratio: 13.34
  • Foreward P/E Ratio: 9.97
  • P/E Growth: 1.14
Sales & Book Value:
  • Annual Revenue: $370.3 million
  • Price / Sales: 4.74
  • Book Value: $13.05 per share
  • Price / Book: 2.12
Profitability:
  • Net Margins: 29.53%
  • Return on Equity: 17.35%
  • Return on Assets: 1.61%
Debt:
  • Debt-to-Equity Ratio: 0.07%
  • Current Ratio: 1.16%
  • Quick Ratio: 1.15%
Misc:
  • Average Volume: 594,145 shs.
  • Beta: 0.39
  • Short Ratio: 39.13
 

Frequently Asked Questions for BofI Holding (NASDAQ:BOFI)

What is BofI Holding's stock symbol?

BofI Holding trades on the NASDAQ under the ticker symbol "BOFI."

How were BofI Holding's earnings last quarter?

BofI Holding, Inc. (NASDAQ:BOFI) announced its quarterly earnings results on Tuesday, April, 25th. The company reported $0.63 earnings per share for the quarter, topping analysts' consensus estimates of $0.63 by $0.00. The business had revenue of $111.73 million for the quarter, compared to analysts' expectations of $109.89 million. BofI Holding had a return on equity of 17.35% and a net margin of 29.53%. During the same period in the prior year, the firm earned $0.56 EPS. View BofI Holding's Earnings History.

When will BofI Holding make its next earnings announcement?

BofI Holding is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for BofI Holding.

Where is BofI Holding's stock going? Where will BofI Holding's stock price be in 2017?

5 analysts have issued 1-year target prices for BofI Holding's stock. Their forecasts range from $30.00 to $39.00. On average, they expect BofI Holding's stock price to reach $34.00 in the next year. View Analyst Ratings for BofI Holding.

What are analysts saying about BofI Holding stock?

Here are some recent quotes from research analysts about BofI Holding stock:

  • 1. FBR & Co analysts commented, "BOFI remains well positioned for growth and low credit costs, despite a flatter yield curve, as the company has significantly improved its deposit franchise over the past five years from a thrift-like, CD-heavy deposit base, to an attractive core deposit due to expanded deposit product offerings and treasury management capabilities. We expect BOFI will be able to maintain its core deposit funding to support robust loan growth because of its commercially focused deposit base despite industry challenges. This should support robust earnings growth given the bank’s highly efficient structure, which drives above peer profitability. We reiterate our BUY rating and make BOFI our Alpha Generator pick as BOFI trades at 11.9x our 2018 estimate, a 28% discount to peers." (9/29/2017)
  • 2. According to Zacks Investment Research, "Bofi Holding is the holding company for Bank of Internet USA, a consumer-focused, nationwide savings bank operating primarily through the Internet from a single location in San Diego, California. They provide a variety of consumer banking services, focusing primarily on gathering retail deposits over the Internet and originating and purchasing multifamily and single family loans for investment. " (7/31/2017)

Who are some of BofI Holding's key competitors?

Who are BofI Holding's key executives?

BofI Holding's management team includes the folowing people:

  • Paul J. Grinberg, Independent Chairman of the Board
  • Gregory Garrabrants, President, Chief Executive Officer, Director
  • Nicholas A. Mosich, Independent Vice Chairman of the Board
  • Andrew J. Micheletti, Chief Financial Officer, Executive Vice President
  • Eshel Bar-Adon, Executive Vice President, Specialty Finance and Chief Legal Officer
  • Thomas M. Constantine, Executive Vice President, Chief Credit Officer of the Bank
  • Brian Swanson, Executive Vice President, Chief Lending Officer of the Bank
  • James S. Argalas, Independent Director
  • John Gary Burke, Independent Director
  • James J. Court, Independent Director

Who owns BofI Holding stock?

BofI Holding's stock is owned by a variety of of retail and institutional investors. Top institutional investors include State Treasurer State of Michigan (1.51%), Summit Creek Advisors LLC (0.70%), APG Asset Management N.V. (0.08%) and Private Asset Management Inc. (0.00%). Company insiders that own BofI Holding stock include Andrew J Micheletti, Gregory Garrabrants, James John Court, Mosich Nick and Theodore C Allrich. View Institutional Ownership Trends for BofI Holding.

Who sold BofI Holding stock? Who is selling BofI Holding stock?

BofI Holding's stock was sold by a variety of institutional investors in the last quarter, including State Treasurer State of Michigan and Private Asset Management Inc.. Company insiders that have sold BofI Holding stock in the last year include Mosich Nick and Theodore C Allrich. View Insider Buying and Selling for BofI Holding.

Who bought BofI Holding stock? Who is buying BofI Holding stock?

BofI Holding's stock was purchased by a variety of institutional investors in the last quarter, including APG Asset Management N.V. and Summit Creek Advisors LLC. Company insiders that have bought BofI Holding stock in the last two years include Andrew J Micheletti, Gregory Garrabrants and James John Court. View Insider Buying and Selling for BofI Holding.

How do I buy BofI Holding stock?

Shares of BofI Holding can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is BofI Holding's stock price today?

One share of BofI Holding stock can currently be purchased for approximately $27.62.


MarketBeat Community Rating for BofI Holding (NASDAQ BOFI)
Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  234 (Vote Outperform)
Underperform Votes:  176 (Vote Underperform)
Total Votes:  410
MarketBeat's community ratings are surveys of what our community members think about BofI Holding and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for BofI Holding (NASDAQ:BOFI) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: $34.00 (23.10% upside)
Consensus Price Target History for BofI Holding (NASDAQ:BOFI)
Price Target History for BofI Holding (NASDAQ:BOFI)
Analysts' Ratings History for BofI Holding (NASDAQ:BOFI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/9/2017Keefe, Bruyette & WoodsReiterated RatingOutperform -> Market Perform$31.00N/AView Rating Details
10/4/2017Craig HallumReiterated RatingBuy$35.00 -> $39.00N/AView Rating Details
9/29/2017FBR & CoReiterated RatingBuy$37.00LowView Rating Details
6/12/2017DA DavidsonReiterated RatingBuy$33.00LowView Rating Details
11/23/2016StephensInitiated CoverageOverweight$30.00N/AView Rating Details
12/11/2015Raymond James Financial, Inc.Lower Price TargetStrong-Buy$36.25 -> $35.00N/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for BofI Holding (NASDAQ:BOFI)
Earnings by Quarter for BofI Holding (NASDAQ:BOFI)
Earnings History by Quarter for BofI Holding (NASDAQ BOFI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2017$0.49N/AView Earnings Details
4/25/2017Q3 2017$0.63$0.63$109.89 million$111.73 millionViewN/AView Earnings Details
1/30/2017Q217$0.48$0.50$91.19 million$93.06 millionViewN/AView Earnings Details
10/27/2016Q117$0.45$0.45$86.52 million$84.51 millionViewListenView Earnings Details
8/2/2016Q416$0.46$0.46$79.82 million$86.17 millionViewN/AView Earnings Details
4/28/2016Q316$0.56$0.56$75.86 million$92.90 millionViewListenView Earnings Details
1/28/2016Q216$0.42$0.44$72.94 million$79.39 millionViewListenView Earnings Details
10/29/2015Q116$1.51$1.60$57.06 million$68.90 millionViewListenView Earnings Details
7/30/2015Q415$1.38$1.54$53.67 million$55.29 millionViewListenView Earnings Details
4/30/2015Q315$1.27$1.35$56.23 million$59.03 millionViewN/AView Earnings Details
1/29/2015Q215$1.22$1.26$51.38 million$54.81 millionViewN/AView Earnings Details
11/4/2014Q1 2015$1.11$1.20$46.74 million$50.12 millionViewN/AView Earnings Details
8/7/2014Q214$1.02$1.09$41.26 million$45.22 millionViewN/AView Earnings Details
5/6/2014Q114$0.97$1.00$38.38 million$40.88 millionViewN/AView Earnings Details
2/4/2014Q413$0.79$0.91$28.50 millionViewN/AView Earnings Details
11/5/2013Q313$0.85$0.85ViewN/AView Earnings Details
5/8/2013Q3 2013$0.72$0.75ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for BofI Holding (NASDAQ:BOFI)
2017 EPS Consensus Estimate: $2.71
2018 EPS Consensus Estimate: $2.39
2019 EPS Consensus Estimate: $2.75
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$0.45$2.38$1.03
Q2 20173$0.45$0.56$0.50
Q3 20173$0.61$0.67$0.65
Q4 20173$0.51$0.57$0.54
Q1 20182$0.49$0.51$0.50
Q2 20182$0.53$0.53$0.53
Q3 20182$0.74$0.75$0.75
Q4 20182$0.59$0.63$0.61
Q1 20191$0.61$0.61$0.61
Q2 20191$0.63$0.63$0.63
Q3 20191$0.84$0.84$0.84
Q4 20191$0.67$0.67$0.67
(Data provided by Zacks Investment Research)

Dividends

Dividend History for BofI Holding (NASDAQ:BOFI)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for BofI Holding (NASDAQ:BOFI)
Insider Ownership Percentage: 6.24%
Institutional Ownership Percentage: 88.15%
Insider Trades by Quarter for BofI Holding (NASDAQ:BOFI)
Institutional Ownership by Quarter for BofI Holding (NASDAQ:BOFI)
Insider Trades by Quarter for BofI Holding (NASDAQ:BOFI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/24/2017Mosich NickDirectorSell3,500$30.57$106,995.00View SEC Filing  
12/13/2016Mosich NickDirectorSell6,532$28.48$186,031.36View SEC Filing  
11/29/2016Theodore C AllrichDirectorSell10,000$25.05$250,500.00View SEC Filing  
11/22/2016Theodore C AllrichDirectorSell5,000$24.25$121,250.00View SEC Filing  
2/19/2016James John CourtDirectorBuy2,000$16.77$33,540.00View SEC Filing  
2/11/2016Andrew J MichelettiCFOBuy1,000$13.69$13,690.00View SEC Filing  
12/9/2015Gregory GarrabrantsCEOBuy1,000$18.47$18,470.00View SEC Filing  
12/8/2015Gregory GarrabrantsCEOBuy2,000$18.99$37,980.00View SEC Filing  
11/4/2015Gregory GarrabrantsCEOBuy1,605$93.91$150,725.55View SEC Filing  
11/3/2015Gregory GarrabrantsCEOBuy6,670$91.40$609,638.00View SEC Filing  
8/25/2015Edward James RatinoffDirectorSell1,073$122.25$131,174.25View SEC Filing  
8/18/2015James John CourtDirectorSell1,282$131.55$168,647.10View SEC Filing  
8/13/2015Theodore C AllrichDirectorSell4,319$130.59$564,018.21View SEC Filing  
12/12/2014John Gary BurkeDirectorSell7,100$77.50$550,250.00View SEC Filing  
11/14/2014John Gary BurkeDirectorSell3,801$80.33$305,334.33View SEC Filing  
6/11/2014Edward James RatinoffDirectorSell1,988$77.36$153,791.68View SEC Filing  
9/12/2013James John CourtDirectorSell1,569$63.64$99,851.16View SEC Filing  
8/29/2013John Gary BurkeDirectorSell20,000$64.92$1,298,400.00View SEC Filing  
8/16/2013Theodore AllrichDirectorSell2,000$68.01$136,020.00View SEC Filing  
8/12/2013Paul GrinbergDirectorSell23,800$66.55$1,583,890.00View SEC Filing  
11/23/2012Theodore C AllrichDirectorSell5,000$26.90$134,500.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for BofI Holding (NASDAQ:BOFI)
Latest Headlines for BofI Holding (NASDAQ:BOFI)
Source:
Loading headlines, please wait.

Social

Chart

BofI Holding (BOFI) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.