During the corresponding time, Yadkin Financial Corp recorded a revenue increase by 45.86 % year on year, sequentially revenue fell by -8.88 %. While revenue at the Yadkin Financial Corp's corporate clients
Yadkin Financial's Comment on Sales, Marketing and Customers
The economy of the coastal regions of North Carolina and South Carolina are affected,
from time to time, by adverse weather events, particularly hurricanes. Our market
area includes the Outer Banks and other portions of coastal North Carolina. Agricultural
interests are highly sensitive to excessive rainfall or droughts. We cannot predict
whether, or to what extent damage caused by future weather conditions will affect
our operations, our customers, or the economies in our banking markets. Weather
events could cause a disruption in our day-to-day business activities in branches
located in coastal communities, a decline in loan originations, destruction or
decline in the value of properties securing our loans, or an increase in the risks
of delinquencies, foreclosures, and loan losses. Even if a hurricane does not
cause any physical damage in our market area, a turbulent hurricane season could
significantly affect the market value of all coastal property.
Yadkin Financial’s Comment on Sales, Marketing and Customers
The economy of the coastal regions of North Carolina and South Carolina are affected,
from time to time, by adverse weather events, particularly hurricanes. Our market
area includes the Outer Banks and other portions of coastal North Carolina. Agricultural
interests are highly sensitive to excessive rainfall or droughts. We cannot predict
whether, or to what extent damage caused by future weather conditions will affect
our operations, our customers, or the economies in our banking markets. Weather
events could cause a disruption in our day-to-day business activities in branches
located in coastal communities, a decline in loan originations, destruction or
decline in the value of properties securing our loans, or an increase in the risks
of delinquencies, foreclosures, and loan losses. Even if a hurricane does not
cause any physical damage in our market area, a turbulent hurricane season could
significantly affect the market value of all coastal property.
Sources:
Yadkin Financial Corporation’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Yadkin Financial Corporation’s corporate clients.
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