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YADKIN FINANCIAL Corp

No Longer Reporting

The company has not filed an annual or quarterly report since its FY2016 10-K, filed Mar 1, 2017. Its latest SEC filing is a 4/A from Apr 17, 2017.

The sections below describe the company as of the FY2016 annual report.

What Did They Do?

Provides banking, mortgage, investment and insurance services to businesses and consumers across the Carolinas.

How Did They Make Money?

FY2016 revenue

Who Were Their Customers?

Provides commercial banking and financial services to individuals and businesses in North Carolina and South Carolina, as well as customers in other states through its small-business lending program.

Did Revenues Turn Into Profits?

Yes. It kept 19 cents of every revenue dollar as net income in FY2016 and turned 34 cents into free cash flow.

Net income, FY2016
19% of revenue
▲ +24% vs FY2015 ($44.6M, 23%)
Free cash flow, FY2016
34% of revenue
▲ +610% vs FY2015 ($13.7M, 7%)

How Were They Changing?

Since the FY2016 annual report
  • Mar 13, 2017 Yadkin merged into F.N.B. and ceased to exist as a separate corporation Yadkin Bank also merged into First National Bank of Pennsylvania, which survived as the bank.

Grew. Revenue grew 46% in 1 year, from $193.3M in FY2015 to $283M in FY2016, about 46% a year.

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