Bofl Holding (BOFI) Tops Q2 EPS by 1c

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Go back to Bofl Holding (BOFI) Tops Q2 EPS by 1c

BofI Holding, Inc. Announces Second Quarter Net Income, Up 14.7%

January 30, 2017 4:00 PM EST

SAN DIEGO--(BUSINESS WIRE)-- BofI Holding, Inc. (NASDAQ: BOFI) (BofI), parent company of BofI Federal Bank (the Bank), today announced financial results for the second fiscal quarter ended December 31, 2016. Net income was $32.3 million, an increase of 14.7% over net income of $28.1 million for the quarter ended December 31, 2015. Earnings attributable to BofIs common stockholders were $32.2 million or $0.50 per diluted share for the second quarter of fiscal 2017, an increase of 14.8% from $28.1 million or $0.44 per diluted share for the second quarter ended December 31, 2015.

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