NEW YORK (TheStreet) -- Shares of Bofl (BOFI) were rising 5.64% to $22.10 on heavy trading volume late Thursday afternoon after the company filed its fiscal year end 10K form.

Craig-HallumCapital said the filing revealed no new regulatory news and included a "clean" audit option, which the firm had expected, the Fly reports.

The firm reiterated its "buy" rating and $35 price target on shares.

The San Diego-based company is the parent of BofI Federal Bank.

About 3 million of the company's shares changed hands so far today compared to its average 30-day volume of 1.44 million shares per day.

Separately, TheStreet Ratings Team has a "Buy" rating with a score of B- on the stock.

The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, expanding profit margins, good cash flow from operations and impressive record of earnings per share growth.

The team believes its strengths outweigh the fact that the company has had lackluster performance in the stock itself.

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

You can view the full analysis from the report here: BOFI

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