http://finance.yahoo.com/news/bofi-holding-inc-announces-rec…
SAN DIEGO, CA–(Marketwired - Oct 29, 2015) - BofI Holding, Inc. (NASDAQ: BOFI) (“BofI”), parent company of BofI Federal Bank (the “Bank”), today announced financial results for the first fiscal quarter ended September 30, 2015. Net income was a record $25.5 million, an increase of 42.9% over net income of $17.8 million for the quarter ended September 30, 2014. Earnings attributable to BofI’s common stockholders were $25.4 million or $1.60 per diluted share for the first quarter of fiscal 2016, an increase of 43.1% from $17.8 million or $1.20 per diluted share for the first quarter ended September 30, 2014.
Adjusted earnings, a non-GAAP measure, which excludes the after-tax impact of gains and losses associated with our securities portfolio, increased 38.1% to $25.5 million for the quarter ended September 30, 2015 compared to $18.5 million for the quarter ended September 30, 2014.
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