Bofi Holding, Inc. Provides Tax Rate Guidance for the Second Quarter Ended December 31, 2017, Third Quarter Ending March 31, 2018, Fourth Quarter Ending June 30, 2018 and Year Ending June 30, 2019
January 09, 2018 at 01:14 pm
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BofI Holding, Inc. provided tax rate guidance for the remainder of fiscal year 2018 and for fiscal year 2019. For the second quarter ended December 31, 2017, the company expects GAAP effective tax rate excluding DTA adjustment of 29% to 31%.
For the third quarter ending March 31, 2018, the company expects GAAP effective tax rate excluding DTA adjustment of 35% to 37%.
For the fourth quarter ending June 30, 2018, the company expects GAAP effective tax rate excluding DTA adjustment of 35% to 37%.
For the year ending June 30, 2019, the company expects GAAP effective tax rate excluding DTA adjustment of 28% to 30%.
Axos Financial Inc. is a financial holding company that operates through its subsidiary, Axos Bank (the Bank). The Bank provides consumer and commercial banking products through its digital online and mobile banking platforms, distribution channels and affinity partners. The Companyâs segments include Banking Business and Securities Business. Banking Business segment has a range of banking services, including online banking, concierge banking, and mortgage, vehicle, and unsecured lending through online and telephonic distribution channels. In addition, it focuses on providing deposit products nationwide to industry verticals, cash management products to a variety of businesses, and commercial & industrial and commercial real estate lending to clients. Securities Business segment includes the clearing broker-dealer, registered investment advisor custody business, registered investment advisor, and introducing broker-dealer lines of businesses.
Bofi Holding, Inc. Provides Tax Rate Guidance for the Second Quarter Ended December 31, 2017, Third Quarter Ending March 31, 2018, Fourth Quarter Ending June 30, 2018 and Year Ending June 30, 2019
AXOS FINANCIAL, INC. 
