SAN DIEGO, CA–(Marketwired - Apr 29, 2014) - BofI Holding, Inc. (NASDAQ: BOFI), parent of BofI Federal Bank, has retained its ranking as the best performing thrift for 2013 and was named the best of the 100 biggest public thrifts by asset size for 2013 as announced by SNL Financial on April 24, 2014. SNL Financial previously named BOFI the top-performing thrift for the year 2012, up from the number two position in 2011 and 2010.
SNL Financial ranks the best of the 100 largest public thrifts using six financial metrics that focus on return on average assets, return on average tangible common equity, efficiency ratio, median three-year growth rate in tangible book value per share, nonperforming loans to total loans, and net charge-offs to average loans for the 12-month period ended December 31, 2013.
“Once again we are honored by this recognition – a number one finish for the second year in a row and a top five finish over previous years is indicative of the strength and efficiency of our business model,”