BofI Holding, Inc. Continues to Bank Big Returns, Investing in Keeping the Growth Going

Over the past several months, investors in BofI Holding, Inc. (NASDAQ: BOFI) have struggled with a dilemma, watching the share price fall more than 30% from the peak at one point, before a recent surge. Considering that the company's stock has been under a years-long short attack -- despite a debunking of essentially all the allegations -- it's likely that many long-term shareholders have been pushed to the brink of selling.

But when BofI announced another strong quarter and the expansion of a major partnership that will further boost earnings, investors were rewarded with a nearly 10% jump following earnings release on July 28. In the trading days since earnings, BofI shares are up more than 13%. And while it's certainly great to have double-digit gains after a rough recent patch, it's staying plugged into the long term that can really pay off.

Keep reading to learn more about BofI's quarter and full-year results, as well as what management says to expect down the road.

Source: Fool.com