SEC Filing Summary: BofI Holding, Inc. (8-K)
Business Context and Reporting Period
This Form 8-K was filed by BofI Holding, Inc. on December 9, 2011, reporting an event that occurred on December 8, 2011. The registrant is the parent company of BofI Federal Bank. Note: The input metadata referenced "Axos Financial, Inc.", but the filing text explicitly identifies the registrant as BofI Holding, Inc.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, or debt metrics. The only financial data disclosed relates to a specific dividend declaration:
- Dividend Type: Quarterly cash dividend on 6.0% Series B Non-Cumulative Perpetual Convertible Preferred Stock.
- Dividend Amount: $15.00 per share for shares issued prior to October 1, 2011.
- Prorated Amount: Applicable to shares issued on or after October 1, 2011, based on days outstanding as of the record date.
- Record Date: January 1, 2012.
- Payment Date: January 17, 2012.
Material Changes
The filing reports a corporate action (dividend declaration) rather than a material change in financial performance or operations compared to a prior period. No comparative financial data is included in this report.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies. The document serves solely to disclose the dividend declaration under Regulation FD.
Key Facts for Investor Verification
- Verify the exact number of Series B Preferred shares outstanding to calculate total dividend liability.
- Confirm the specific prorated dividend amount for shares issued between October 1, 2011, and January 1, 2012.
- Review the full press release (Exhibit 99.1) for any additional context regarding the company's liquidity or capital strategy.
- Note the discrepancy between the metadata company name (Axos Financial) and the filing registrant (BofI Holding).