How Stephens Currently Rates Yadkin Financial Corp (NYSE:YDKN)
New York: Yadkin Financial Corp (NYSE:YDKN) coverage has been initiated with a “Overweight” rating by stock analysts at Stephens. This was issued in a recent report on Wednesday morning.
The stock closed the day at $26.69 during the previous session. It is down 34.93% since April 29, 2015 and is uptrending. It has outperformed by 35.13% the S&P500.
Yadkin Financial Corporation is a bank holding company. The company has a market cap of $829.11 million. The Firm conducts its business primarily through its wholly owned subsidiary, Yadkin Bank, a North Carolina chartered community bank, which provides services in 73 branches across North Carolina and South Carolina. It has 18.13 P/E ratio. Yadkin Bank’s primary business is providing banking, mortgage, investment and insurance services to businesses and clients across the Carolinas.
According to Zacks Investment Research, “Yadkin Financial Corporation is a holding company that conducts its business activities through its subsidiary, Yadkin Valley Bank and Trust Company. The Bank’s primary business is providing banking, mortgage, investment and insurance services to residents and businesses. It operates primarily in North Carolina and South Carolina. Yadkin Financial Corporation, formerly known as Yadkin Valley Financial Corporation, is based in Elkin, United States.” Get a free copy of the Zacks research report on Yadkin Financial Corp (YDKN).