Intrinsic value of BofI Holding - BOFI

Previous Close

$37.67

  Intrinsic Value

$18.19

stock screener

  Rating & Target

str. sell

-52%

Previous close

$37.67

 
Intrinsic value

$18.19

 
Up/down potential

-52%

 
Rating

str. sell

Our model is not good at valuating stocks of financial companies, such as BOFI.

We calculate the intrinsic value of BOFI stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 2017), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 2.4

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046
   2047

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  16.60
  15.44
  14.40
  13.46
  12.61
  11.85
  11.16
  10.55
  9.99
  9.49
  9.04
  8.64
  8.28
  7.95
  7.65
  7.39
  7.15
  6.93
  6.74
  6.57
  6.41
  6.27
  6.14
  6.03
  5.93
  5.83
  5.75
  5.67
  5.61
  5.55
Revenue, $m
  431
  498
  570
  646
  728
  814
  905
  1,001
  1,101
  1,205
  1,314
  1,428
  1,546
  1,669
  1,796
  1,929
  2,067
  2,210
  2,359
  2,514
  2,675
  2,843
  3,018
  3,199
  3,389
  3,587
  3,793
  4,008
  4,233
  4,468
Variable operating expenses, $m
  152
  175
  199
  225
  253
  282
  313
  345
  379
  415
  447
  485
  525
  567
  611
  656
  703
  751
  802
  855
  909
  966
  1,026
  1,088
  1,152
  1,219
  1,289
  1,363
  1,439
  1,519
Fixed operating expenses, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total operating expenses, $m
  152
  175
  199
  225
  253
  282
  313
  345
  379
  415
  447
  485
  525
  567
  611
  656
  703
  751
  802
  855
  909
  966
  1,026
  1,088
  1,152
  1,219
  1,289
  1,363
  1,439
  1,519
Operating income, $m
  280
  324
  371
  421
  475
  532
  592
  655
  721
  790
  867
  942
  1,020
  1,101
  1,186
  1,273
  1,364
  1,459
  1,557
  1,659
  1,766
  1,877
  1,992
  2,112
  2,237
  2,367
  2,504
  2,646
  2,794
  2,949
EBITDA, $m
  1,229
  1,418
  1,623
  1,841
  2,073
  2,319
  2,578
  2,850
  3,134
  3,432
  3,742
  4,066
  4,402
  4,752
  5,116
  5,494
  5,887
  6,295
  6,719
  7,161
  7,620
  8,097
  8,595
  9,113
  9,653
  10,216
  10,803
  11,416
  12,056
  12,725
Interest expense (income), $m
  74
  418
  434
  494
  558
  627
  701
  778
  860
  946
  1,036
  1,130
  1,228
  1,330
  1,437
  1,547
  1,662
  1,782
  1,906
  2,035
  2,169
  2,308
  2,453
  2,604
  2,761
  2,925
  3,096
  3,274
  3,459
  3,653
  3,855
Earnings before tax, $m
  -139
  -110
  -123
  -137
  -152
  -168
  -186
  -205
  -225
  -246
  -263
  -286
  -310
  -335
  -362
  -389
  -417
  -447
  -477
  -509
  -542
  -577
  -612
  -649
  -688
  -728
  -770
  -814
  -859
  -906
Tax expense, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Net income, $m
  -139
  -110
  -123
  -137
  -152
  -168
  -186
  -205
  -225
  -246
  -263
  -286
  -310
  -335
  -362
  -389
  -417
  -447
  -477
  -509
  -542
  -577
  -612
  -649
  -688
  -728
  -770
  -814
  -859
  -906

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  7,989
  9,223
  10,551
  11,970
  13,480
  15,077
  16,760
  18,528
  20,380
  22,315
  24,333
  26,436
  28,623
  30,899
  33,263
  35,721
  38,275
  40,929
  43,688
  46,557
  49,542
  52,648
  55,881
  59,250
  62,761
  66,421
  70,240
  74,226
  78,388
  82,736
Adjusted assets (=assets-cash), $m
  7,989
  9,223
  10,551
  11,970
  13,480
  15,077
  16,760
  18,528
  20,380
  22,315
  24,333
  26,436
  28,623
  30,899
  33,263
  35,721
  38,275
  40,929
  43,688
  46,557
  49,542
  52,648
  55,881
  59,250
  62,761
  66,421
  70,240
  74,226
  78,388
  82,736
Revenue / Adjusted assets
  0.054
  0.054
  0.054
  0.054
  0.054
  0.054
  0.054
  0.054
  0.054
  0.054
  0.054
  0.054
  0.054
  0.054
  0.054
  0.054
  0.054
  0.054
  0.054
  0.054
  0.054
  0.054
  0.054
  0.054
  0.054
  0.054
  0.054
  0.054
  0.054
  0.054
Average production assets, $m
  9,440
  10,897
  12,466
  14,144
  15,927
  17,815
  19,804
  21,893
  24,080
  26,367
  28,751
  31,236
  33,821
  36,509
  39,303
  42,207
  45,225
  48,361
  51,621
  55,011
  58,537
  62,207
  66,028
  70,008
  74,156
  78,482
  82,994
  87,704
  92,621
  97,758
Working capital, $m
  -8,933
  -10,312
  -11,797
  -13,384
  -15,072
  -16,858
  -18,740
  -20,717
  -22,787
  -24,951
  -27,207
  -29,558
  -32,005
  -34,548
  -37,193
  -39,941
  -42,796
  -45,764
  -48,849
  -52,057
  -55,394
  -58,867
  -62,482
  -66,249
  -70,174
  -74,267
  -78,537
  -82,994
  -87,647
  -92,509
Total debt, $m
  8,033
  9,143
  10,338
  11,616
  12,974
  14,412
  15,927
  17,518
  19,185
  20,926
  22,742
  24,635
  26,604
  28,651
  30,780
  32,992
  35,290
  37,679
  40,162
  42,744
  45,430
  48,225
  51,136
  54,168
  57,327
  60,622
  64,059
  67,646
  71,392
  75,305
Total liabilities, $m
  7,190
  8,301
  9,495
  10,773
  12,132
  13,569
  15,084
  16,675
  18,342
  20,083
  21,900
  23,792
  25,761
  27,809
  29,937
  32,149
  34,447
  36,836
  39,319
  41,901
  44,587
  47,383
  50,293
  53,325
  56,485
  59,779
  63,216
  66,803
  70,549
  74,462
Total equity, $m
  799
  922
  1,055
  1,197
  1,348
  1,508
  1,676
  1,853
  2,038
  2,231
  2,433
  2,644
  2,862
  3,090
  3,326
  3,572
  3,827
  4,093
  4,369
  4,656
  4,954
  5,265
  5,588
  5,925
  6,276
  6,642
  7,024
  7,423
  7,839
  8,274
Total liabilities and equity, $m
  7,989
  9,223
  10,550
  11,970
  13,480
  15,077
  16,760
  18,528
  20,380
  22,314
  24,333
  26,436
  28,623
  30,899
  33,263
  35,721
  38,274
  40,929
  43,688
  46,557
  49,541
  52,648
  55,881
  59,250
  62,761
  66,421
  70,240
  74,226
  78,388
  82,736
Debt-to-equity ratio
  10.050
  9.910
  9.800
  9.700
  9.630
  9.560
  9.500
  9.450
  9.410
  9.380
  9.350
  9.320
  9.290
  9.270
  9.250
  9.240
  9.220
  9.210
  9.190
  9.180
  9.170
  9.160
  9.150
  9.140
  9.130
  9.130
  9.120
  9.110
  9.110
  9.100
Adjusted equity ratio
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  -139
  -110
  -123
  -137
  -152
  -168
  -186
  -205
  -225
  -246
  -263
  -286
  -310
  -335
  -362
  -389
  -417
  -447
  -477
  -509
  -542
  -577
  -612
  -649
  -688
  -728
  -770
  -814
  -859
  -906
Depreciation, amort., depletion, $m
  949
  1,095
  1,252
  1,420
  1,598
  1,787
  1,986
  2,194
  2,413
  2,642
  2,875
  3,124
  3,382
  3,651
  3,930
  4,221
  4,522
  4,836
  5,162
  5,501
  5,854
  6,221
  6,603
  7,001
  7,416
  7,848
  8,299
  8,770
  9,262
  9,776
Funds from operations, $m
  811
  985
  1,129
  1,283
  1,446
  1,618
  1,800
  1,990
  2,188
  2,396
  2,612
  2,838
  3,072
  3,316
  3,569
  3,832
  4,105
  4,389
  4,685
  4,992
  5,311
  5,644
  5,990
  6,351
  6,728
  7,120
  7,529
  7,957
  8,403
  8,870
Change in working capital, $m
  -1,272
  -1,379
  -1,485
  -1,587
  -1,688
  -1,786
  -1,882
  -1,977
  -2,070
  -2,163
  -2,257
  -2,351
  -2,446
  -2,544
  -2,644
  -2,748
  -2,856
  -2,968
  -3,085
  -3,208
  -3,337
  -3,473
  -3,616
  -3,766
  -3,925
  -4,093
  -4,270
  -4,457
  -4,654
  -4,861
Cash from operations, $m
  2,082
  2,364
  2,613
  2,870
  3,134
  3,404
  3,682
  3,966
  4,259
  4,560
  4,869
  5,188
  5,518
  5,860
  6,213
  6,580
  6,961
  7,357
  7,770
  8,200
  8,648
  9,117
  9,606
  10,118
  10,653
  11,213
  11,799
  12,413
  13,057
  13,731
Maintenance CAPEX, $m
  -810
  -944
  -1,090
  -1,247
  -1,414
  -1,593
  -1,781
  -1,980
  -2,189
  -2,408
  -2,637
  -2,875
  -3,124
  -3,382
  -3,651
  -3,930
  -4,221
  -4,522
  -4,836
  -5,162
  -5,501
  -5,854
  -6,221
  -6,603
  -7,001
  -7,416
  -7,848
  -8,299
  -8,770
  -9,262
New CAPEX, $m
  -1,337
  -1,458
  -1,569
  -1,678
  -1,784
  -1,887
  -1,989
  -2,089
  -2,188
  -2,286
  -2,385
  -2,484
  -2,585
  -2,688
  -2,794
  -2,904
  -3,018
  -3,136
  -3,260
  -3,390
  -3,526
  -3,670
  -3,821
  -3,980
  -4,148
  -4,325
  -4,512
  -4,710
  -4,918
  -5,137
Cash from investing activities, $m
  -2,147
  -2,402
  -2,659
  -2,925
  -3,198
  -3,480
  -3,770
  -4,069
  -4,377
  -4,694
  -5,022
  -5,359
  -5,709
  -6,070
  -6,445
  -6,834
  -7,239
  -7,658
  -8,096
  -8,552
  -9,027
  -9,524
  -10,042
  -10,583
  -11,149
  -11,741
  -12,360
  -13,009
  -13,688
  -14,399
Free cash flow, $m
  -65
  -38
  -45
  -54
  -64
  -76
  -89
  -103
  -118
  -135
  -152
  -171
  -190
  -211
  -232
  -254
  -278
  -302
  -327
  -352
  -379
  -407
  -435
  -465
  -496
  -528
  -561
  -595
  -631
  -668
Issuance/(repayment) of debt, $m
  291
  1,110
  1,195
  1,278
  1,359
  1,438
  1,515
  1,591
  1,666
  1,741
  1,816
  1,892
  1,969
  2,048
  2,128
  2,212
  2,298
  2,389
  2,483
  2,582
  2,686
  2,795
  2,910
  3,032
  3,160
  3,295
  3,437
  3,587
  3,746
  3,913
Issuance/(repurchase) of shares, $m
  937
  234
  256
  279
  303
  328
  354
  382
  410
  439
  465
  496
  529
  563
  598
  635
  673
  712
  753
  796
  841
  887
  936
  986
  1,039
  1,094
  1,152
  1,212
  1,275
  1,341
Cash from financing (excl. dividends), $m  
  1,228
  1,344
  1,451
  1,557
  1,662
  1,766
  1,869
  1,973
  2,076
  2,180
  2,281
  2,388
  2,498
  2,611
  2,726
  2,847
  2,971
  3,101
  3,236
  3,378
  3,527
  3,682
  3,846
  4,018
  4,199
  4,389
  4,589
  4,799
  5,021
  5,254
Total cash flow (excl. dividends), $m
  1,163
  1,306
  1,406
  1,503
  1,597
  1,690
  1,781
  1,870
  1,958
  2,046
  2,129
  2,217
  2,308
  2,400
  2,494
  2,592
  2,694
  2,799
  2,910
  3,026
  3,148
  3,276
  3,411
  3,553
  3,703
  3,861
  4,028
  4,204
  4,390
  4,586
Retained Cash Flow (-), $m
  -937
  -234
  -256
  -279
  -303
  -328
  -354
  -382
  -410
  -439
  -465
  -496
  -529
  -563
  -598
  -635
  -673
  -712
  -753
  -796
  -841
  -887
  -936
  -986
  -1,039
  -1,094
  -1,152
  -1,212
  -1,275
  -1,341
Prev. year cash balance distribution, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
  14
  16
  19
  22
  25
  28
  31
  34
  38
  42
  46
  50
  54
  59
  63
  68
  73
  79
  84
  90
  96
  102
  108
  115
  122
  129
  136
  144
  152
  161
Cash available for distribution, $m
  226
  1,073
  1,150
  1,224
  1,294
  1,362
  1,426
  1,488
  1,548
  1,607
  1,664
  1,721
  1,779
  1,837
  1,896
  1,957
  2,021
  2,087
  2,157
  2,230
  2,307
  2,389
  2,475
  2,567
  2,664
  2,767
  2,876
  2,992
  3,115
  3,245
Discount rate, %
  14.00
  14.70
  15.44
  16.21
  17.02
  17.87
  18.76
  19.70
  20.68
  21.72
  22.80
  23.94
  25.14
  26.40
  27.72
  29.10
  30.56
  32.09
  33.69
  35.38
  37.15
  39.00
  40.95
  43.00
  45.15
  47.41
  49.78
  52.27
  54.88
  57.63
PV of cash for distribution, $m
  198
  815
  748
  671
  590
  508
  428
  353
  285
  225
  174
  131
  96
  69
  48
  33
  22
  14
  9
  5
  3
  2
  1
  0
  0
  0
  0
  0
  0
  0
Current shareholders' claim on cash, %
  50.0
  38.7
  30.3
  24.0
  19.1
  15.4
  12.5
  10.1
  8.3
  6.8
  5.7
  4.7
  3.9
  3.3
  2.7
  2.3
  1.9
  1.6
  1.4
  1.2
  1.0
  0.8
  0.7
  0.6
  0.5
  0.4
  0.4
  0.3
  0.3
  0.2

BofI Holding, Inc. (BofI) is the holding company for BofI Federal Bank (the Bank). The Bank is a diversified financial services company. The Bank provides consumer and business banking products through its branchless, low-cost distribution channels and affinity partners. The Bank has deposit and loan customers, including consumer and business checking, savings and time deposit accounts and financing for single family and multifamily residential properties, small-to-medium size businesses in target sectors, and selected specialty finance receivables. The Bank distributes its deposit products through a range of retail distribution channels, and its deposits consist of demand, savings and time deposits accounts. Its mortgage-backed securities consist primarily of mortgage pass-through securities issued by government-sponsored entities and non-agency collateralized mortgage obligations and pass-through mortgage-backed securities issued by private sponsors.

FINANCIAL RATIOS  of  BofI Holding (BOFI)

Valuation Ratios
P/E Ratio 17.7
Price to Sales 0
Price to Book 2.9
Price to Tangible Book
Price to Cash Flow 10.7
Price to Free Cash Flow 11.1
Growth Rates
Sales Growth Rate -100%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate -10%
Cap. Spend. - 3 Yr. Gr. Rate 24.6%
Financial Strength
Quick Ratio NaN
Current Ratio NaN
LT Debt to Equity 8.9%
Total Debt to Equity 8.9%
Interest Coverage 4
Management Effectiveness
Return On Assets 2.2%
Ret/ On Assets - 3 Yr. Avg. 2.2%
Return On Total Capital 16%
Ret/ On T. Cap. - 3 Yr. Avg. 16.8%
Return On Equity 17.8%
Return On Equity - 3 Yr. Avg. 18.6%
Asset Turnover 0
Profitability Ratios
Gross Margin 0%
Gross Margin - 3 Yr. Avg. 0%
EBITDA Margin 0%
EBITDA Margin - 3 Yr. Avg. 0%
Operating Margin 0%
Oper. Margin - 3 Yr. Avg. 0%
Pre-Tax Margin 0%
Pre-Tax Margin - 3 Yr. Avg. 0%
Net Profit Margin 0%
Net Profit Margin - 3 Yr. Avg. 0%
Effective Tax Rate 42.1%
Eff/ Tax Rate - 3 Yr. Avg. 41.7%
Payout Ratio 0%

BOFI stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the BOFI stock intrinsic value calculation we used $370 million for the last fiscal year's total revenue generated by BofI Holding. The default revenue input number comes from 2017 income statement of BofI Holding. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our BOFI stock valuation model: a) initial revenue growth rate of 16.6% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 14%, whose default value for BOFI is calculated based on our internal credit rating of BofI Holding, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of BofI Holding.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of BOFI stock the variable cost ratio is equal to 35.4%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $0 million in the base year in the intrinsic value calculation for BOFI stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 5.4% for BofI Holding.

Corporate tax rate of 27% is the nominal tax rate for BofI Holding. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the BOFI stock is equal to 3.8%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for BOFI are equal to 2188.1%.

Life of production assets of 10 years is the average useful life of capital assets used in BofI Holding operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for BOFI is equal to -2070.6%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $0 million for BofI Holding - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 63 million for BofI Holding is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of BofI Holding at the current share price and the inputted number of shares is $2.4 billion.

RELATED COMPANIES Price Int.Val. Rating
INBK First Internet 31.25 43.75  buy
TBBK The Bancorp 9.62 23.24  str.buy
AMG Affiliated Man 146.59 281.61  str.buy
ETFC E*TRADE Financ 61.19 55.66  hold

COMPANY NEWS

▶ 3 Top Small-Cap Bank Stocks to Buy in August   [Aug-15-18 07:12AM  Motley Fool]
▶ Why This BOFI Acquisition is a Big Deal   [Aug-14-18 04:57PM  Motley Fool]
▶ Bofi: Fiscal 4Q Earnings Snapshot   [05:36PM  Associated Press]
▶ Highflying Internet Bank Goes Low On Earnings, Revenue   [05:14PM  Investor's Business Daily]
▶ 3 Stocks That Could Put Amazon's Returns to Shame   [Jul-10-18 06:33AM  Motley Fool]
▶ 3 Growth Stocks at Deep-Value Prices   [Jun-15-18 09:40AM  Motley Fool]
▶ First Internet Bancorp Upgraded: What You Need to Know   [Jun-14-18 11:03AM  Motley Fool]
▶ IBD Stock Of The Day: This Online Bank Is A Buy As Financial Giants Stumble   [Jun-08-18 04:08PM  Investor's Business Daily]
▶ Where Will BofI Holding Be in 10 Years?   [May-20-18 06:16AM  Motley Fool]
▶ Better Buy: BofI Holding, Inc. vs. Bank of America   [May-19-18 10:55AM  Motley Fool]
▶ BofI Federal Bank Rebrands Mobile App for Realtors   [May-03-18 04:01PM  Business Wire]
▶ Bofi: Fiscal 3Q Earnings Snapshot   [Apr-26-18 05:31PM  Associated Press]
▶ Bank Stocks Break Out On 3% Benchmark Yield; Oil Stocks Also At New Highs   [Apr-24-18 01:04PM  Investor's Business Daily]
▶ If You're in Your 50s, Consider Buying These 3 Stocks   [Apr-15-18 06:16AM  Motley Fool]
▶ 3 Top Bank Stocks to Buy in April   [Apr-14-18 07:15AM  Motley Fool]
▶ Why I Won't Buy a Single Online Bank Stock   [Apr-09-18 08:00AM  Motley Fool]
▶ Better Buy: BofI Holding, Inc. vs. Ally Financial   [Mar-23-18 03:17PM  Motley Fool]
▶ BofI Federal Bank Launches BofI Realtor   [Mar-14-18 08:30AM  Business Wire]
▶ Heres Why H&R Block Is Soaring Today   [Mar-07-18 11:01AM  Motley Fool]
▶ 3 Stocks That Look Just Like eBay in 1998   [Mar-03-18 07:07AM  Motley Fool]
▶ Could Bank of Internet Be a Millionaire-Maker Stock?   [Feb-28-18 07:07AM  Motley Fool]
▶ 3 Stocks That Feel Like Netflix in 2002   [Feb-23-18 06:00AM  Motley Fool]
▶ 5 Stocks to Outperform in 2018s Volatile Market   [Feb-20-18 02:04PM  Investopedia]
▶ Why BofI Holding, Inc. Stock Gained 20.3% in January   [Feb-13-18 12:03PM  Motley Fool]
▶ BofI Holding Reports a Great Quarter   [Feb-07-18 11:00PM  Motley Fool]
▶ 4 Winning Stocks to Buy on Earnings Acceleration   [Feb-02-18 11:35AM  InvestorPlace]
▶ BofI Holding (BOFI) Jumps: Stock Rises 7.8%   [Feb-01-18 08:41AM  Zacks]
▶ Here's Why BofI Holding Is Soaring Today   [10:56AM  Motley Fool]
▶ Bofi beats Street 2Q forecasts   [Jan-30-18 04:13PM  Associated Press]
▶ BofI Holding, Inc to Host Earnings Call   [10:10AM  ACCESSWIRE]
▶ 6 Stocks Trading Below Peter Lynch Value   [Jan-22-18 01:04PM  GuruFocus.com]
▶ New Strong Buy Stocks for January 12th   [Jan-12-18 07:31AM  Zacks]
▶ What to Expect From BofI Holding, Inc. in 2018   [Jan-10-18 06:47AM  Motley Fool]
▶ 3 Top Growth Stocks to Buy in December   [Dec-14-17 06:00AM  Motley Fool]
▶ 3 Growth Stocks for Successful Investors   [Dec-13-17 08:17AM  Motley Fool]
▶ Better Buy: BofI Holding, Inc. vs. Bank of America   [Dec-11-17 08:03AM  Motley Fool]
▶ Is Bank of the Internet a Buy?   [Dec-07-17 07:47AM  Motley Fool]
▶ BofI Holding's Future Growth Catalysts   [Dec-06-17 04:14PM  Motley Fool]
▶ A Brief History of BofI Holding   [04:10PM  Motley Fool]
▶ How BofI Holding Makes Money   [04:04PM  Motley Fool]
▶ 3 Stocks That Look Just Like Google in 2004   [Nov-30-17 07:47AM  Motley Fool]
Follow us on:   twitter   twitter   twitter   twitter

ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.