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Yadkin Financial (Yadkin Financial) Return-on-Tangible-Asset : 0.79% (As of Dec. 2016)


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What is Yadkin Financial Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Yadkin Financial's annualized Net Income for the quarter that ended in Dec. 2016 was $54.7 Mil. Yadkin Financial's average total tangible assets for the quarter that ended in Dec. 2016 was $6,915.5 Mil. Therefore, Yadkin Financial's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2016 was 0.79%.

The historical rank and industry rank for Yadkin Financial's Return-on-Tangible-Asset or its related term are showing as below:

YDKN's Return-on-Tangible-Asset is not ranked *
in the Banks industry.
Industry Median: 0.91
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Yadkin Financial Return-on-Tangible-Asset Historical Data

The historical data trend for Yadkin Financial's Return-on-Tangible-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Yadkin Financial Return-on-Tangible-Asset Chart

Yadkin Financial Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 0.11 0.62 1.06 0.99

Yadkin Financial Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.11 0.55 0.98 0.93 0.79

Competitive Comparison of Yadkin Financial's Return-on-Tangible-Asset

For the Banks - Regional subindustry, Yadkin Financial's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Yadkin Financial's Return-on-Tangible-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Yadkin Financial's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Yadkin Financial's Return-on-Tangible-Asset falls into.



Yadkin Financial Return-on-Tangible-Asset Calculation

Yadkin Financial's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2016 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=55.168/( (4308.413+6848.563)/ 2 )
=55.168/5578.488
=0.99 %

Yadkin Financial's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2016 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2016 )  (Q: Sep. 2016 )(Q: Dec. 2016 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2016 )  (Q: Sep. 2016 )(Q: Dec. 2016 )
=54.712/( (6982.414+6848.563)/ 2 )
=54.712/6915.4885
=0.79 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Dec. 2016) net income data.


Yadkin Financial  (NYSE:YDKN) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Yadkin Financial Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Yadkin Financial's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Yadkin Financial (Yadkin Financial) Business Description

Traded in Other Exchanges
N/A
Address
Yadkin Financial Corp was incorporated under the laws of North Carolina on March 2, 2006. It is a bank holding company. It conducts its business operations through its wholly-owned subsidiary, Yadkin Bank. Yadkin Bank's primary business is providing banking, mortgage, investment and insurance services to businesses and consumers across the Carolinas. The Company has a single operating segment, which is providing general commercial banking and financial services to individuals and businesses located in North Carolina and South Carolina, and to customers in various states through its SBA lending program. The Company operates branches in North Carolina and South Carolina. From an operational standpoint, management has organized its branches into six regions. The Company provides Commercial and Industrial (C&I) Loans, Commercial Real Estate Loans, Construction Loans, Consumer Loans, Home Equity Lines of Credit and Residential Real Estate Loans, Residential Mortgage Loans and Government-Guaranteed Loans. The Company provides deposit services to businesses and individuals, including non-interest bearing checking accounts, interest-bearing checking accounts, savings accounts, money market accounts, IRAs and CDs. The Company competes in its market areas with regional and national banking organizations, other federally and state-chartered financial institutions such as savings and loan institutions and credit unions, consumer finance companies, mortgage companies and other lenders engaged in the business of extending credit. As a bank holding company, the Company is subject to regulation under the Bank Holding Company Act and to the supervision, examination and reporting requirements of the Board of Governors of the Federal Reserve System, or the Federal Reserve.
Executives
Scott Custer director, officer: President and CEO 4711 SIX FORKS ROAD, SUITE 2B, RALEIGH NC 27609
Terry Earley officer: Chief Financial Officer C/O CRESCENT FINANCIAL BANCSHARES, INC., 1005 HIGH HOUSE ROAD, CARY NC 27513
Joseph Hampton Towell director YADKIN VALLEY FINANCIAL CORPORATION, P. O. DRAWER 7109, STATESVILLE NC 28687
J Adam Abram director C/O PIEDMONT COMMUNITY BANK HOLDINGS INC, 4711 SIX FORKS ROAD STE 2B, RALEIGH NC 27609
Stone Point Capital Llc other: Director by Deputization (1) 20 HORSENECK LANE, GREENWICH CT 06830

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