BofI placed second among banks with $5 to $50 billion assets
SAN DIEGO--(BUSINESS WIRE)--
BofI Holding, Inc. (NASDAQ: BOFI) ("BofI"), parent company of
BofI Federal Bank, announced that BofI has been recognized as one of the
top performing banks in Bank Director’s 2017 Bank Performance Scorecard.
BofI placed 2nd out of 117 banks and thrifts traded on the
NASDAQ OMX and NYSE exchanges with assets between $5 and $50 billion.
This is the third consecutive year BofI received a top-5 ranking in Bank
Director’s Bank Performance Scorecard.
Bank Directorpublishes an annual ranking of the 300 largest
publicly traded banks and thrifts based on five metrics that measure
profitability, capitalization, and asset quality – core return on
average equity (ROAE), core return on average assets (ROAA), the ratio
of tangible common equity (TCE) to tangible assets, the ratio of
nonperforming assets to total loans and real estate owned, and the ratio
of net charge-offs to average loans. The 2017 Bank Performance Scorecard
is based on 2016 calendar year data.
About Bank Director
Since 1991, Bank Director has served as a leading information resource
for the directors and officers of financial institutions. Through its
quarterly Bank Director magazine, executive-level research, annual
conferences, and its website, BankDirector.com, Bank Director reaches
the leaders of the institutions that comprise America’s banking
industry. Bank Director is headquartered in Brentwood, Tennessee. For
more information, please visit BankDirector.com.
About BofI Holding, Inc. and BofI Federal Bank
BofI Holding, Inc. is the holding company for BofI Federal Bank, a
nationwide bank that provides financing for single and multifamily
residential properties, small-to-medium size businesses in target
sectors, and selected specialty finance receivables. With approximately
$8.5 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 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/20170807005314/en/
Investor Relations Contact:
BofI Holding, Inc.
Johnny Lai, CFA
VP,
Corporate Development & Investor Relations
858-649-2218
jlai@bofi.com
Source: BofI Holding, Inc.