Business Context and Reporting Period
This Form 8-K is a current report filed by BofI Holding, Inc. (parent of Bank of Internet USA) on October 21, 2010. The filing details the results of the Company's 2010 Annual Meeting of Shareholders held on that date. Note: The request metadata references "Axos Financial, Inc.," but the source text explicitly identifies the registrant as BofI Holding, Inc.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results.
Material Changes and Voting Results
Shareholders voted on two primary proposals:
- Proposal 1: Election of Directors. Shareholders elected the recommended nominees for Class III Directors for a three-year term.
- Edward J. Ratinoff: 6,098,179 votes For; 334,535 votes Withheld; 2,184,802 Non-Votes.
- Gordon L. Witter, Jr.: 5,629,101 votes For; 803,613 votes Withheld; 2,184,802 Non-Votes.
- Proposal 2: Ratification of Independent Auditor. Shareholders ratified Crowe Horwath LLP as the independent registered public accounting firm.
- Crowe Horwath LLP: 8,555,593 votes For; 46,903 votes Against; 15,020 votes Abstain.
Guidance, Outlook, and Risks
The filing text does not provide guidance, outlook, management commentary, risks, contingencies, or unusual items. The document is limited to the submission of matters to a vote of security holders.
Investor Verification Checklist
- Verify the current corporate name and ticker symbol, as the registrant is BofI Holding, Inc. (not Axos Financial, Inc. as noted in the request metadata).
- Confirm the tenure of the newly elected Class III Directors (Edward J. Ratinoff and Gordon L. Witter, Jr.) through the 2013 Annual Meeting.
- Review the engagement terms with the newly ratified auditor, Crowe Horwath LLP.
- Check subsequent filings for the Company's financial performance, as this 8-K contains no financial data.