Vmbook Online ordering

Bofi Holding Inc

BOFI Holding Inc. (BOFI) is a publicly traded company based in the United States, with its stock listed on the NASDAQ stock exchange. The company operates as the holding company for Bank of Internet USA, an online bank that provides various banking services to individuals and businesses.

Here is some general information about BOFI Holding Inc., with a focus on its earnings, growth, and other relevant financial metrics:

Earnings:

BOFI Holding Inc. has a strong track record of profitability, with the company reporting consistent net income over the past several years. In its most recent quarterly report (Q4 2021), BOFI reported net income of $42.6 million, or $0.91 per diluted share, representing a year-over-year increase of 38.3% and 37.3%, respectively.

Growth:

BOFI Holding Inc. has experienced significant growth in recent years. The company's total assets have increased from $3.4 billion at the end of 2016 to $11.3 billion as of December 31, 2021, representing a compound annual growth rate (CAGR) of 31.3%. Similarly, the company's loans and deposits have grown at CAGRs of 26.5% and 28.6%, respectively, during the same time period.

Valuation:

As of March 7, 2023, BOFI Holding Inc.'s stock is trading at a price-to-earnings (P/E) ratio of 11.9x, which is slightly below the industry average of 13.7x. The company's price-to-book (P/B) ratio of 1.3x is also slightly below the industry average of 1.4x, suggesting that the stock may be undervalued.

Dividend:

BOFI Holding Inc. pays a quarterly dividend of $0.15 per share, which translates to an annualized yield of 1.2% based on the current stock price. While this may not be the highest yield in the industry, the company has a strong track record of dividend payments, having raised its dividend every year since 2013.

Management:

BOFI Holding Inc. is led by a strong management team, with CEO Gregory Garrabrants at the helm since 2011. Under his leadership, the company has experienced significant growth and profitability. The company's board of directors consists of experienced professionals with backgrounds in finance, law, and business, ensuring strong governance and oversight.

Overall, BOFI Holding Inc. is a financially strong and growing company with a strong track record of profitability and growth. The company's valuation is attractive, and its dividend payments are stable and growing. With a strong management team and experienced board of directors, BOFI Holding Inc. is well-positioned for continued success.