Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 0
BofI down more than 10% as sell-side cuts estimates

Apr. 26, 2017 10:41 AM ET|About: BofI Holding, Inc. (BOFI)|By: Stephen Alpher, SA News Editor
BofI Holdings (NASDAQ:BOFI) reported an inline quarter, but Sandler O'Neill's Andrew Liesch notes slower loan growth, less gain on sale revenue, and higher provisions in H&R Block-related loans. He cuts his 2017 EPS estimate to $2.10 from $2.25 and 2018 to $2.70 from $2.90. The price target is trimmed to $33 from $36. He still rates the stock a Buy.

Citing fee income headwinds, D.A. Davidson's Gary Tenner (also a bull on the stock) cuts his 2017 EPS estimate to $2.10 from $2.13 and 2018 to $2.40 from $2.45. The new price target is $33 from $34.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.