Best Promising Stocks To Watch Right Now

Best Promising Stocks To Watch Right Now: BofI Holding Inc.(BOFI)

BofI Holding, Inc. operates as the holding company for BofI Federal Bank that provides various consumer and wholesale banking services primarily through the Internet in the United States. It accepts various deposit products, including demand deposit, savings, and certificates of deposit accounts. It also provides loan products, which consist of single family loans, home equity loans, multifamily loans, commercial real estate loans, recreational vehicle and automobile loans, and overdraft lines of credit In addition, the company offers online bill payment, interbank transfer, mobile banking, text message banking, ATM cards or VISA debit cards, and overdraft protection services. It serves approximately 36,000 retail deposit and loan customers across 50 states. BofI Holding, Inc. was incorporated in 1999 and is based in San Diego, California.

Advisors' Opinion:

• [By Wallace Witkowski]

  H&R Block (HRB) shares rose 7.3% to $30.50 on moderate volume after the firm said it agreed to sell certain bank assets and liabilities to BofI Federal Bank for an undisclosed price. The deal should dilute fiscal 2015 earnings by 7 cents to 9 cents a share, H&R Block said. Shares of BofI Holding Inc. (BOFI) rose 10% to $82 in light volume.

• [By Jessica Alling]

  Leaving traditional behind
  And two businesses are focusing all of their efforts on the new trend. BofI Holdings (NASDAQ: BOFI  ) operates BofI Federal Bank, an Internet-based bank that has only one branch. The operations are online and provide the services that most commercial banks offer to customers: depository accounts, loans, and financial management services. By limiting its customers to online and mobile banking, BofI does cut out some types of customers th! at do need bank locations (small businesses, etc.), but its cost structure is greatly reduced by the lack of physical locations.

• [By Jake L'Ecuyer]

  Equities Trading UP
  BofI Holding (NASDAQ: BOFI) shares shot up 10.67 percent to $82.38 after H&R Block agreed to sell its banking business to BofI Federal Bank for an undisclosed amount.

source from Top Penny Stocks For 2015:http://www.topstocksforum.com/best-promising-stocks-to-watch-right-now.html