Yadkin Financial Corp (NYSE:YDKN) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 21, 2016
Having a price of $25.32, Yadkin Financial Corp (NYSE:YDKN) traded 0.47% higher on the day. With the last close up 1.55% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. YDKN has recorded a 50-day average of $25.77 and a two hundred day average of $25.05. Trade Volume was down over the average, with 50,930 shares of YDKN changing hands under the typical 494,267
Zacks Investment Research has upgraded Yadkin Financial Corp (NYSE:YDKN) to Hold in a statement released on Thursday September 22, 2016.
Recent Performance Chart
Yadkin Financial Corp has PE ratio of 20.05 with a one year low of $20.42 and a one year high of $28.23 and has a market capitalization of $0.
General Company Details For Yadkin Financial Corp (NYSE:YDKN)
Yadkin Financial Corporation is a bank holding company. The Company conducts its business operations through its subsidiary, Yadkin Bank, which is a chartered community bank that provides services in approximately 110 branches across North Carolina and South Carolina. Yadkin Bank provides banking, mortgage, investment and insurance services to businesses and consumers across the Carolinas. It operates through a segment, which is providing general commercial banking and financial services to individuals and businesses located in North Carolina and South Carolina, and to customers in various states through its Small Business Administration (SBA) lending program. It offers various loans, such as commercial and industrial (C&I) loans and government-guaranteed loans. The Company's investment securities portfolio includes the United States Government-sponsored enterprise (GSE) obligations and securities guaranteed by the United States SBA. The Company's primary source of funds is deposits.
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