January 9, 2018 / 1:08 PM / 8 months ago

BRIEF-Bofi Holding Assesses The Financial Impact From Tax Legislation

Jan 9 (Reuters) - Bofi Holding Inc:

* BOFI HOLDING, INC. ASSESSES THE FINANCIAL IMPACT FROM TAX LEGISLATION

* BOFI -TO RECEIVE BENEFIT OF REDUCED FEDERAL TAX RATE AS OF JAN 1, 2018, THROUGH REDUCTION IN AVERAGE TAX RATE APPLIED TO INCOME EARNED IN FISCAL YEAR 2018

* BOFI HOLDING INC - HAS ASSESSED FINANCIAL IMPACT EXPECTED TO RESULT FROM TAX CUTS AND JOBS ACT SIGNED INTO LAW DECEMBER 22, 2017

* BOFI - EXPECTS TO INCUR ONE-TIME CHARGE OF ABOUT $0.12-$0.14 PER SHARE AGAINST DEFERRED TAX ASSET IN Q2 OF FISCAL 2018 Source text for Eikon: Further company coverage:

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