BofI Holding Inc. Wins Best Public Thrift for the Fourth Year in a Row
May 13, 2016
BofI Holding, Inc., the parent company of Bank of Internet USA, is excited to announce that it has been named best of the biggest thrift by SNL Financial for the 4th consecutive year.
The rankings were compiled by SNL Financial after an analysis of the 50 largest publicly traded thrifts as of December 31, 2015.
BofI Holding’s win was based on six metrics including the bank’s return on average assets, return on average tangible common equity, efficiency ratio, median three-year growth rate, nonperforming loans-to-total loans, and net charge-offs to average loans for the yearlong period.
This award marks the eighth year in a row that BofI Holding has ranked in the top five of SNL Financial’s list of the biggest public thrifts, thanks to its continued growth.
SNL Financial is a leading provider of financial and industry data, research, news and analytics to investment professionals, government agencies, corporations, and universities worldwide.