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Kroll affirms BofI Holding

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Kroll affirms BofI Holding

Kroll Bond Rating Agency affirmed several ratings for San Diego-based BofI Holding Inc., including the company's BBB+ senior unsecured debt rating, BBB subordinated debt rating, and K2 short-term debt rating.

The rating agency also affirmed a number of ratings for unit BofI Federal Bank, including its A- deposit and senior unsecured debt ratings, BBB+ subordinated debt rating, and K2 short-term debt and deposit ratings.

The outlook on all of the long-term ratings is stable.

The company's ratings are supported by its "strong earnings trend, continued strength in asset quality, extensive risk infrastructure, and experienced management team," according to Kroll.