In this video, Motley Fool analysts Matt Koppenheffer and David Hanson discuss the potentially disruptive Bank of Internet (BOFI 0.83%). The bank's online-only business model may seem foreign to those used to visiting a branch for banking transactions, but it drastically lowers the company's overhead, meaning it can pass those savings along to its customers in the form of higher interest rates for customer accounts. Matt tells investors why he finds this to be an interesting investment but also pinpoints his concerns.
Will This Bank Dominate Over the Next 20 Years?
By Matt Koppenheffer and David Hanson – Mar 12, 2013 at 6:16PM EST
NYSE: AX
Axos Financial

Market Cap
$5.0B
Today's Change
(-0.83%) $0.74
Current Price
$88.17
Price as of December 26, 2025 at 4:00 PM ET
Is Bank of Internet a pioneer of the future of banking?
About the Author
Matt Koppenheffer is the former Head of the Coverage Team at The Motley Fool. He was a full-time Motley Fool employee from 2012-2025 and is a former advisor and analyst for multiple Motley Fool services. Matt's articles and analysis have been published around the world and his views have been cited in worldwide publications from the Financial Times and The New York Times to the Toronto Star and Germany's Focus Money. He has appeared to offer analysis on a variety of outlets including CNBC and NPR. Matt is the co-author of The Astonishing Collapse of MF Global as well as the creator and former co-host of The Motley Fool's Industry Focus podcast.
Stocks Mentioned

Axos Financial
NYSE: AX
$88.17 (0.01%) $0.74

Wells Fargo
NYSE: WFC
$95.22 (0.00%) $0.08
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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