Bofl Holding (BOFI) Reports In-Line Q1 EPS

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Go back to Bofl Holding (BOFI) Reports In-Line Q1 EPS

BofI Holding, Inc. Announces First Quarter Net Income, Up 13.3%

October 27, 2016 4:01 PM EDT

SAN DIEGO--(BUSINESS WIRE)-- BofI Holding, Inc. (NASDAQ: BOFI) (BofI), parent company of BofI Federal Bank (the Bank), today announced financial results for the first fiscal quarter ended September 30, 2016. Net income was $28.9 million, an increase of 13.3% over net income of $25.5 million for the quarter ended September 30, 2015. Earnings attributable to BofIs common stockholders were $28.8 million or $0.45 per diluted share for the first quarter of fiscal 2017, an increase of 13.4% from $25.4 million or $0.40 per diluted share for the first quarter ended September 30, 2015.

Adjusted earnings, a non-GAAP measure, which excludes the after-tax impact of gains and losses associated with... More