Here's How BofI Holding Banked Another Solid Quarter (and How It Plans to Keep Growing)

Here's How BofI Holding Banked Another Solid Quarter (and How It Plans to Keep Growing)

BofI Holding, Inc. (NASDAQ: BOFI) reported its fiscal year 2018 first-quarter results on October 25, showing double-digit growth in almost every key category, including deposits, loans, book value, and maybe most importantly, earnings per share (EPS). Even better, BofI delivered growth across several of its business lines, as investments into new areas of lending in recent years began to bear fruit. 

Although the news was good, there are a few things investors should continue to pay close attention to, including operating expenses rising faster than earnings. Keep reading to get a closer look at what investors need to know about BofI's results and its prospects going forward. 

Image source: Getty Images.

Continue reading

Source: Fool.com