RCS Capital Corp (NYSE:RCAP) in a bid of expanding its financial services has announced the hiring of Todd Snyder and John Kearney, top due diligence analysts to help it in its alternative investment. Mr. Snyder and Mr. Kearney will take over as heads of the company’s new research division SK research. RCS Capital Corp (NYSE:RCAP) shares after opening at $32.18 moved to $34.11 on last trade day and at the end of the day closed at $34.09. Company price to sales ratio in past twelve months was calculated as 1.02 and price to cash ratio as 19.77. RCS Capital Corp (NYSE:RCAP) showed a positive weekly performance of 21.53%.
Federated Nat (NASDAQ:FNHC) Chairman Bruce Simberg purchased 5,040 shares of Federated Nat stock in a transaction that occurred on Monday, March 17th. The stock was purchased at an average cost of $16.28 per share, with a total value of $82,051.20. Following the acquisition, the chairman now directly owns 433,699 shares in the company, valued at approximately $7,060,620. Federated National Holding Co (NASDAQ:FNHC) shares advanced 1.20% in last trading session and ended the day on $16.90. Federated National Holding return on equity ratio is recorded as 16.70% and its return on assets is 5.20%. Federated National Holding Co (NASDAQ:FNHC) yearly performance is 153.37%.
Yadkin Financial Corp (NASDAQ:YDKN) serves as a bank holding company for Trust company and Yadkin Valley Bank. Its operations are retail oriented targeting individuals and small-medium size businesses. The company is currently brewing a merger deal whose announcement is expected any time soon. Yet, the company has also recently witnessed internal conflicts which resulted in the exit of one board member. Yadkin Financial Corp (NASDAQ:YDKN) shares moved up 1.73% in last trading session and was closed at $21.74, while trading in range of $21.05 – $21.75. Yadkin Financial Corp (NASDAQ:YDKN) year to date (YTD) performance is 27.58%.
VantageSouth Bancshares Inc. (NYSEMKT:VSB)’s acquisition of East Carolina Bank, which was completed one year back, is now showing results. The company acquired higher interest and non-interest income after the merger. Also, its loan loss provisions were declined after the acquisition.
VantageSouth Bancshares, Inc. (NYSEMKT:VSB) weekly performance is 7.70%. On last trading day company shares ended up $6.99. VantageSouth Bancshares, Inc. (NYSEMKT:VSB) distance from 50-day simple moving average (SMA50) is 20.95%. Analysts mean target price for the company is $7.00.
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