Yadkin Financial (YDKN) Misses Q1 EPS by 4c

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Yadkin Financial Corporation Announces Financial Results for the First Quarter of 2015 and Strategic Realignment

April 23, 2015 6:30 AM EDT

RALEIGH, N.C., April 23, 2015 (GLOBE NEWSWIRE) -- Yadkin Financial Corporation (NYSE: YDKN) (the "Company" or "Yadkin"), the parent company of Yadkin Bank, today announced financial results for the first quarter ended March 31, 2015.

First Quarter 2015 financial highlights:

Net income available to common shareholders totaled $9.6 million or $0.30 per diluted share during Q1 2015. Net operating earnings available to common shareholders, which excludes certain non-operating items, totaled $10.3 million, or $0.33 per diluted share, in Q1 2015, compared to $0.35 per diluted share in Q4 2014. Annualized operating return on average assets equaled... More