BofI Holding's Valuation: Cheap or Expensive?

BofI Holding's Valuation: Cheap or Expensive?

BofI (NASDAQ: BOFI) trades for a seemingly high valuation, but that's because it is more profitable and efficient than other banks. In this clip, Industry Focus: Financials host Michael Douglass and financials specialist Matt Frankel discuss BofI's valuation metrics and how investors should interpret the numbers.

A full transcript follows the video.

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Source: Fool.com