| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
48 |
| Employees |
786 |
| Revenues (TTM) (Millions $) |
283 |
| Net Income (TTM) (Millions $) |
55 |
| Cash Flow (TTM) (Millions $) |
12 |
| Capital Exp. (TTM) (Millions $) |
3 |
Business Description
Yadkin Financial Corporation was a regional bank holding company based in Raleigh, North Carolina that operated through its subsidiary, Yadkin Bank. Founded in 1968, Yadkin Bank served a broad range of industries, including healthcare, real estate, retail, and small businesses. In March 2017, Yadkin Financial Corporation was acquired by F.N.B. Corporation, a Pennsylvania-based bank holding company.
Yadkin Bank offered a range of financial services to individuals, families, and businesses, including personal and business banking, loans, credit, and investment solutions. It operated 80 branches across North Carolina and two branches in South Carolina. The bank's focus on personalized customer service, combined with its advanced technology and financial expertise, made it a trusted partner for many businesses and individuals.
As a community bank, Yadkin Financial Corporation was committed to making a positive impact in the local communities it served. The organization supported many community initiatives, including youth development programs, economic development, and affordable housing initiatives. Yadkin Bank encouraged its employees to volunteer and become engaged with community organizations, helping to make a meaningful difference in the lives of their customers and neighbors.
Financially, Yadkin Financial Corporation was known for its strong performance and stable growth. The bank's success was attributed to its experienced leadership team, disciplined risk management practices, and efficient operations. Its innovative products and services, such as online and mobile banking, also contributed to its success, enabling Yadkin Bank to stay competitive in the rapidly evolving financial services industry.
Overall, Yadkin Financial Corporation was a well-respected regional bank holding company, known for its strong commitment to customer satisfaction, community involvement, and financial excellence. Its legacy lives on as part of F.N.B. Corporation.
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