With no branches Bank BofI Holding bank is smashing the competition with a core business margin of 2.49% compared to peers average of 0.48%. Lower costs mean it can charge borrowers less and pay depositors more.
With a PE of 13.3 it is priced on a valuation below peers but with EPS growth of c.30% its growing much faster.
This is not a recommendation to buy or sell. Stocks are not suitable for all investors. Please do your own research.
Submitted September 24, 2017 at 02:02PM by InterestingNews1 http://ift.tt/2y1R1b3
