( NASDAQ:BOFI ) reported that net income increased by nearly 15% year over year in its fiscal second quarter, navigate to these guys helped by higher loan balances and larger net interest margin. BofI Holding's quarter by the numbers Metric Net income to common shareholders $32.2 million Tangible book value per share $11.72 Data source: BofI press release. What happened this quarter Gross loan originations grew to $1.7 billion during the quarter, up 4% from a year ago and 45% when compared to the sequential quarter. Net interest margin grew to 4%, an increase of 22 basis points from the prior quarter, largely driven by a special dividend from the Federal Home Loan Bank. Credit quality metrics appear strong, as the bank reported net charge-offs equal to 0.05% of assets. Nonperforming assets stood at just 0.43% of total assets, up modestly from 0.40% a year ago. The company added new loan types to its portfolio as part of its partnership with H&R Block. High-yielding Emerald Advance line

( NASDAQ:BOFI ) reported that net income increased by nearly 15% year over year in its fiscal second quarter, navigate to these guys helped by higher loan balances and larger net interest margin. BofI Holding's quarter by the numbers Metric Net income to common shareholders $32.2 million Tangible book value per share $11.72 Data source: BofI press release. What happened this quarter Gross loan originations grew to $1.7 billion during the quarter, up 4% from a year ago and 45% when compared to the sequential quarter. Net interest margin grew to 4%, an increase of 22 basis points from the prior quarter, largely driven by a special dividend from the Federal Home Loan Bank. Credit quality metrics appear strong, as the bank reported net charge-offs equal to 0.05% of assets. Nonperforming assets stood at just 0.43% of total assets, up modestly from 0.40% a year ago. The company added new loan types to its portfolio as part of its partnership with H&R Block. High-yielding Emerald Advance line

( NASDAQ:BOFI ) reported that net income increased by nearly 15% year over year in its fiscal second quarter, navigate to these guys helped by higher loan balances and larger net interest margin. BofI Holding's quarter by the numbers Metric Net income to common shareholders $32.2 million Tangible book value per share $11.72 Data source: BofI press release. What happened this quarter Gross loan originations grew to $1.7 billion during the quarter, up 4% from a year ago and 45% when compared to the sequential quarter. Net interest margin grew to 4%, an increase of 22 basis points from the prior quarter, largely driven by a special dividend from the Federal Home Loan Bank. Credit quality metrics appear strong, as the bank reported net charge-offs equal to 0.05% of assets. Nonperforming assets stood at just 0.43% of total assets, up modestly from 0.40% a year ago. The company added new loan types to its portfolio as part of its partnership with H&R Block. High-yielding Emerald Advance line

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