BofI Holding, Inc. Makes Sandler O’Neill Sm-All Stars for Fifth Consecutive Year
September 25 2017 - 8:00AM
Business Wire
BofI Holding, Inc. (NASDAQ:BOFI) (“BofI” or the "Company"),
parent company of BofI Federal Bank (the “Bank”), announced
that the Company made the 2017 Sandler O’Neill + Partners (“Sandler
O’Neill) Sm-All Stars. This is the fifth consecutive year BofI
received this recognition.
“We are extremely proud to be selected to the Sandler O’Neill
Sm-All Stars once again,” stated Greg Garrabrants, President and
Chief Executive Officer of BofI. “Being one of only two banks to
achieve this distinction for five consecutive years reflects the
consistency of our results and the successful execution of our
strategic initiatives.”
Sandler O’Neill evaluated 404 publicly traded banks and thrifts
with a market cap below $2.5 billion. The evaluation was based on
various performance metrics focused on growth, profitability,
credit quality, and capital strength. Based on earnings per share
growth, loan growth, deposit growth, return on average equity, the
ratio of non-performing assets to loans and other real estate
owned, the ratio of net charge-offs to total loans and leases, and
the tangible common equity ratio, 29 banks and thrifts were
selected to the 2017 Sandler O’Neill Sm-All Stars class.
About BofI Holding, Inc.
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.
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version on businesswire.com: http://www.businesswire.com/news/home/20170925005376/en/
BofI Holding, Inc.Johnny Lai, CFA, 1-858-649-2218VP, Corporate
Development and Investor Relationsjlai@bofi.com
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