Yadkin Financial (YDKN) Reports In-Line Q1 EPS

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Yadkin Financial Corporation Completes Acquisition of NewBridge Bancorp and Reports Record Net Operating Earnings of $14.8 Million, or $0.39 Per Diluted Share, in the First Quarter of 2016

April 21, 2016 6:35 AM EDT

RALEIGH, N.C., April 21, 2016 (GLOBE NEWSWIRE) -- Yadkin Financial Corporation (NYSE: YDKN) ("Yadkin" or the "Company"), the parent company of Yadkin Bank, today announced financial results for the first quarter ended March 31, 2016.

"We are pleased to report record net operating earnings in the first quarter of 2016, the combined result of the recent acquisition of NewBridge Bancorp, and continued strong organic growth," announced Scott Custer, Yadkin's CEO. "The NewBridge merger enables us to reach customers in every major market in North Carolina, providing us now with a... More