BofI Ranked 7th Best Performing Community
Bank with $1 billion to $10 billion in Assets
SAN DIEGO--(BUSINESS WIRE)--
BofI Holding, Inc. (NASDAQ: BOFI) (“the Company”), parent of BofI
Federal Bank, announced today that it was recognized by S&P Global
Market Intelligence as the 7th best performing community bank
with $1 billion to $10 billion in assets for 2016.
S&P Global Market Intelligence calculated scores for each company based
on six metrics: pretax return on average tangible common equity, net
charge-offs as a percentage of average loans, efficiency ratio, adjusted
Texas ratio, net interest margin on a fully taxable equivalent basis and
loan growth for the 12-month period ended December 31, 2016. Unlike in
previous years, savings & loan holding companies, as well as savings
banks and savings and loan associations were included in the ranking.
Among these metrics, BofI ranked seventh overall and fifth in efficiency
ratio among 546 companies eligible for the ranking.
“We are proud to be recognized once again as one of the top-performing
community banks,” stated Greg Garrabrants, President and Chief Executive
Officer of BofI Holding, Inc. “Our ability to maintain industry-leading
growth, margins, efficiency and credit quality is a testament to the
scalability of our efficient, branchless consumer and commercial banking
model.”
S&P Global Market Intelligence is a leading provider of financial
information on more than 6,500 public companies and 50,000 private
companies in the business sectors critical to the global economy:
Banking, Financial Services, Insurance, Real Estate, Energy, Metals &
Mining, and Media & Communications. The SNL information service
integrates breaking news, comprehensive data and expert analysis into an
electronic database available online and updated around the clock. For
more information, visit www.snl.com.
About BofI Holding, Inc.
BofI Holding, Inc. is the holding company for BofI Federal Bank, a
nationwide bank that, among other financial products and services,
provides financing for single and multifamily residential properties,
small-to-medium size businesses in target sectors, and selected
specialty finance receivables. With approximately $8.2 billion in
assets, BofI Federal Bank provides consumer and business banking
products directly and through third-party channels. 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 2000® Index, the S&P
SmallCap 600® Index, and the KBW Nasdaq Financial Technology Index. For
more information on BofI Federal Bank, please visit bofifederalbank.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170403005743/en/
BofI Holding, Inc.
Johnny Lai, CFA
VP, Corporate Development
and Investor Relations
1-858-649-2218
jlai@bofi.com
Source: BofI Holding, Inc.