BofI Holding | StockChase
10
BofI Holding (BOFI-Q)

Last Price Recorded: $26.9900 on 2017-12-13

ON STOCKCHASE SINCE Feb 2014

Holding company for Bank of Internet USA

Financial Services
10
BofI Holding (BOFI-Q)

Last Price Recorded: $26.9900 on 2017-12-13

ON STOCKCHASE SINCE Feb 2014

Holding company for Bank of Internet USA

Financial Services

BofI Holding


Signal Opinion Expert
PAST TOP PICK
BofI Holding(BOFI-Q) 

October 11, 2017

(A Top Pick Oct 6/16. Up 23%.) Also known as the Bank of the Internet. They take high interest deposits online, make niche loans and jumbo mortgages to really wealthy foreign nationals. Something that caused him some consternation is that there are a whole bunch of extraneous lawsuits and some regulatory examinations, and it is hard to say what was really going on. They got cleared on all of them.

Financial Services

(A Top Pick Oct 6/16. Up 23%.) Also known as the Bank of the Internet. They take high interest deposits online, make niche loans and jumbo mortgages to really wealthy foreign nationals. Something that caused him some consternation is that there are a whole bunch of extraneous lawsuits and some regulatory examinations, and it is hard to say what was really going on. They got cleared on all of them.

Financial Services
Mike S. Newton, CIM FCSI

Director & Portfolio Manager, Scotia Wealth Manage...

PricePrice
$27.460
Owned Owned
No

PAST TOP PICK
BofI Holding(BOFI-Q) 

March 9, 2017

(A Top Pick March 14/16. Up 49.18%.) This is an Internet bank. He no longer owns this and considers it as a Sell. It had a nice move, but mostly because of the rally in financial stocks.

Financial Services

(A Top Pick March 14/16. Up 49.18%.) This is an Internet bank. He no longer owns this and considers it as a Sell. It had a nice move, but mostly because of the rally in financial stocks.

Financial Services
Teal Linde

Portfolio Manager & Publisher, Linde Equity Report, Linde Equity Report...

PricePrice
$29.860
Owned Owned
No

TOP PICK
BofI Holding(BOFI-Q) 

October 6, 2016

This is going through a bit of controversy right now. There were some Short selling reports and a lot of negative Twitter headlines. They have $7.5 billion under management and has been around for 15 years. There are no branches. A very high growth rate that you can buy right now at about 11X.

Financial Services

This is going through a bit of controversy right now. There were some Short selling reports and a lot of negative Twitter headlines. They have $7.5 billion under management and has been around for 15 years. There are no branches. A very high growth rate that you can buy right now at about 11X.

Financial Services
Mike S. Newton, CIM FCSI

Director & Portfolio Manager, Scotia Wealth Manage...

PricePrice
$22.390
Owned Owned
Yes

TOP PICK
BofI Holding(BOFI-Q) 

March 14, 2016

(Top Pick Mar 9/15, Down 8.29%) It pulled back, but it had a huge run up into the 30’s.  A junior compliance officer tried to whistle blow, was let go and now is suing for wrongful dismissal.  He is still comfortable with it.  They did a 4 for 1 stock split last year.  He still believes in the story.  There is a secular trend from brick and mortar to Internet.  They can make a lot of money in the current environment.

Financial Services

(Top Pick Mar 9/15, Down 8.29%) It pulled back, but it had a huge run up into the 30’s.  A junior compliance officer tried to whistle blow, was let go and now is suing for wrongful dismissal.  He is still comfortable with it.  They did a 4 for 1 stock split last year.  He still believes in the story.  There is a secular trend from brick and mortar to Internet.  They can make a lot of money in the current environment.

Financial Services
Teal Linde

Portfolio Manager & Publisher, Linde Equity Report, Linde Equity Report...

PricePrice
$20.110
Owned Owned
Yes

WATCH
BofI Holding(BOFI-Q) 

December 14, 2015

They are enjoying tremendous growth.  It fluctuates over time and is a bumpy ride.  He is happy as long as the growth rate is 20-30%.  The stock has fallen off because a junior compliance employee tried to whistle blow.  The regulator saw no issue with it.  The employee was fired and sued the company.  It will soon be a buy.

Financial Services

They are enjoying tremendous growth.  It fluctuates over time and is a bumpy ride.  He is happy as long as the growth rate is 20-30%.  The stock has fallen off because a junior compliance employee tried to whistle blow.  The regulator saw no issue with it.  The employee was fired and sued the company.  It will soon be a buy.

Financial Services
Teal Linde

Portfolio Manager & Publisher, Linde Equity Report, Linde Equity Report...

PricePrice
$18.010
Owned Owned
Yes

TOP PICK
BofI Holding(BOFI-Q) 

March 9, 2015

(Top Pick Feb 6/14, Up 13.23%) They offer a higher savings rate and lower mortgage rates.  They are growing 30-40% and it is starting to show in the share price. It is banking on the Internet.  It was the laggard of his Past Picks so he expects it to do that well in the next year.  There is a transition from brick and mortar banks to on-line rates where they get better savings and mortgage rates.

Financial Services

(Top Pick Feb 6/14, Up 13.23%) They offer a higher savings rate and lower mortgage rates.  They are growing 30-40% and it is starting to show in the share price. It is banking on the Internet.  It was the laggard of his Past Picks so he expects it to do that well in the next year.  There is a transition from brick and mortar banks to on-line rates where they get better savings and mortgage rates.

Financial Services
Teal Linde

Portfolio Manager & Publisher, Linde Equity Report, Linde Equity Report...

PricePrice
$88.230
Owned Owned
Yes

PAST TOP PICK
BofI Holding(BOFI-Q) 

December 11, 2014

(Top Pick Feb 6/14, Down 0.88%)  He continues to own it and looks forward to what it will do in the next year.

Financial Services

(Top Pick Feb 6/14, Down 0.88%)  He continues to own it and looks forward to what it will do in the next year.

Financial Services
Teal Linde

Portfolio Manager & Publisher, Linde Equity Report, Linde Equity Report...

PricePrice
$77.220
Owned Owned
Yes

PAST TOP PICK
BofI Holding(BOFI-Q) 

September 11, 2014

(Top Feb 06/13, Down 1.80%) They just announced their latest quarterly results and net income was up 40%.  Loan portfolio up over 40%.  They expect 30% going forward on a 15 PE.

Financial Services

(Top Feb 06/13, Down 1.80%) They just announced their latest quarterly results and net income was up 40%.  Loan portfolio up over 40%.  They expect 30% going forward on a 15 PE.

Financial Services
Teal Linde

Portfolio Manager & Publisher, Linde Equity Report, Linde Equity Report...

PricePrice
$77.670
Owned Owned
Yes

PAST TOP PICK
BofI Holding(BOFI-Q) 

June 4, 2014

(A Top Pick Feb 6/14. Down 0.24%.) This ran up to $100 within a month of his recommendation, and then it came off with the selloff of growth stocks. Recently announced EPS growth of 35% year-over-year and are expected to grow this at 30% this year and another 30% next year. Still likes.

Financial Services

(A Top Pick Feb 6/14. Down 0.24%.) This ran up to $100 within a month of his recommendation, and then it came off with the selloff of growth stocks. Recently announced EPS growth of 35% year-over-year and are expected to grow this at 30% this year and another 30% next year. Still likes.

Financial Services
Teal Linde

Portfolio Manager & Publisher, Linde Equity Report, Linde Equity Report...

PricePrice
$78.250
Owned Owned
Yes

TOP PICK
BofI Holding(BOFI-Q) 

February 6, 2014

Growing at 20% plus.  Operating efficiency is 40% because they are an Internet bank.  They offer higher interest on savings and lower costs on your mortgage.  Affinity with Costco.  Has been a triply digit performer.

Financial Services

Growing at 20% plus.  Operating efficiency is 40% because they are an Internet bank.  They offer higher interest on savings and lower costs on your mortgage.  Affinity with Costco.  Has been a triply digit performer.

Financial Services
Teal Linde

Portfolio Manager & Publisher, Linde Equity Report, Linde Equity Report...

PricePrice
$78.330
Owned Owned
Yes

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