BofI Holding's Growth Story Is Still Alive and Well in 2017

Internet banking company BofI Holding Inc. (NASDAQ: BOFI) reported fiscal year 2017 earnings that showed excellent growth and profitability, and the stock jumped by 10% as a result. Here's a rundown of BofI's impressive year, as well as a news item that should allow the bank to grow even more in 2018.

BofI's impressive growth story continued in its fourth quarter (BofI's fiscal year ends in June), with 9.5% growth in both net income to $32.5 million and in earnings per share to $0.50. For the full year, net income and earnings per share both grew at an impressive 13% rate.

Image source: Getty Images.

Source: Fool.com