SAN DIEGO, CA -- (MARKET WIRE) -- 03/12/12 -- BofI Holding, Inc. (NASDAQ: BOFI), parent company of BofI Federal Bank, announced today that its Board of Directors has declared a cash dividend on BofI Holding, Inc.'s 6.0% Series B Non-Cumulative Perpetual Convertible Preferred Stock ("Series B Preferred") for the quarter ending March 31, 2012. Series B Preferred shareholders of record at the close of business on April 1, 2012, shall receive $15.00 per share, payable on April 16, 2012.

About BofI Holding, Inc.

BofI Holding, Inc. is the holding company for BofI Federal Bank, a nationwide branchless bank that provides financing for single and multifamily residential properties, small-to-medium size businesses in target sectors, and selected specialty finance receivables. With over $2.2 billion in assets, BofI Federal Bank provides consumer and business banking products through its low-cost distribution channels and affinity partners. BofI Holding, Inc.'s common stock is listed on the NASDAQ Global Select Market under the symbol "BOFI" and is a component of the Russell 3000 Index. For additional information visit www.bofiholding.com.

Contact:
BofI Holding, Inc.Gregory Garrabrants
President & CEO
Tel: 858-350-6203
Email: Gregory.Garrabrants@bofifederalbank.com

Source: BofI Holding, Inc.