SEC Filing Summary: BofI Holding, Inc. (8-K)
Business Context and Reporting Period
This Form 8-K was filed by BofI Holding, Inc. on October 14, 2011. The registrant is the parent company of BofI Federal Bank. The report discloses a corporate action regarding preferred stock dividends declared by the Board of Directors on September 15, 2011.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, or debt metrics. The only specific financial data disclosed relates to a dividend declaration:
- Dividend Amount: $4.00 per share.
- Security Type: 6.0% Series B Non-Cumulative Perpetual Convertible Preferred Stock.
- Shares Outstanding: 12,117 shares (as of October 1, 2011).
- Total Dividend Obligation: $48,468 (calculated as 12,117 shares x $4.00).
Material Changes
The filing reports the declaration of a quarterly cash dividend. No material changes to operations, revenue, or liquidity positions are detailed in this specific report.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or discussion of risks and contingencies beyond the standard disclosure of the dividend payment.
Investor Verification Checklist
- Verify the record date for the dividend payment (not explicitly stated in the text, though declared Sept 15 and outstanding Oct 1).
- Confirm the payment date for the $4.00 per share dividend.
- Review the full press release (Exhibit 99.1) for any additional context on the preferred stock terms.
- Note that this filing does not contain GAAP financial results; refer to the most recent 10-Q or 10-K for comprehensive financial health.