Why I Love BofI Holding Inc.
BofI Holding (NASDAQ: BOFI) isn't exactly a household name -- yet. With around $9 billion in assets, the bank is less than half of 1% the size of the largest U.S. banks, so it's not surprising that many investors haven't heard of it. However, there are plenty of reasons why BofI should be on your radar. Here's a quick rundown of the reasons I love BofI Holding as a long-term investment and why it may be smart to get in while it's still relatively small.
Because BofI operates exclusively online, with no physical branches, it has a huge cost advantage over brick-and-mortar banks. Just take a look at how its expenses (as a percent of assets) compare to its peer group.
Expense
Source: Fool.com
Axos Financial, Inc. Stock
€87.00
0.580%
Axos Financial, Inc. is currently one of the favorites of our community with 12 Buy predictions and no Sell predictions.
With a target price of 92 € there is a slightly positive potential of 5.75% for Axos Financial, Inc. compared to the current price of 87.0 €.
