Mackinac Financial (MFNC) Stock Price, News & Analysis

Company Overview

Mackinac Financial Corp. is a bank holding company, which engages in the provision of commercial banking services through its subsidiary, mBank. The firm offers loan and deposit products. Its services include customary retail and commercial banking services, including checking and savings accounts, time deposits, interest bearing transaction accounts, safe deposit facilities, real estate mortgage lending, commercial lending, commercial and governmental lease financing, and direct and indirect consumer financing. The company was founded on December 16, 1974 and is headquartered in Manistique, MI.

Key Stats

• Today's Range: $21.07 to $21.78
• 50-Day Range: $19.25 to $21.50
• 52-Week Range: $9.03 to $22.19
• Volume: 194,294 shs
• Average Volume: 146,322 shs
• Market Capitalization: $226.83 million
• P/E Ratio: 16.29
• Dividend Yield: 2.60%
• Price Target: N/A
• Consensus Rating: N/A

MFNC Stock Analysis - Frequently Asked Questions

How were Mackinac Financial's earnings last quarter?

Mackinac Financial Co. (NASDAQ:MFNC) issued its quarterly earnings results on Thursday, July, 22nd. The financial services provider reported $0.32 EPS for the quarter, beating analysts' consensus estimates of $0.24 by $0.08. The financial services provider had revenue of $15.69 million for the quarter. Mackinac Financial had a net margin of 19.78% and a trailing twelve-month return on equity of 8.16%.

What other stocks do shareholders of Mackinac Financial own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Mackinac Financial investors own include M&T Bank (MTB), Genuine Parts (GPC), Harley-Davidson (HOG), International Business Machines (IBM), KeyCorp (KEY), Kimberly-Clark (KMB) and Las Vegas Sands (LVS).

Company Calendar

• Last Earnings: 7/22/2021
• Today: 12/22/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State Commercial Banks
• Sub-Industry: N/A
• Current Symbol: NASDAQ:MFNC
• CUSIP: N/A
• CIK: 36506
• Web: www.bankmbank.com
• Phone: (906) 341-8401
• Fax: N/A
• Employees: 315
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 16.29
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $13.47 million
• Net Margins: 19.78%
• Pretax Margin: N/A
• Return on Equity: 8.16%
• Return on Assets: 0.91%

Debt

• Debt-to-Equity Ratio: 0.17
• Current Ratio: 1.01
• Quick Ratio: 1.01

Sales & Book Value

• Annual Sales: $72.23 million
• Price / Sales: 3.14
• Cash Flow: $1.55 per share
• Price / Cash Flow: 13.84
• Book Value: $15.94 per share
• Price / Book: 1.35

Miscellaneous

• Outstanding Shares: 10,550,000
• Free Float: N/A
• Market Cap: $226.83 million
• Optionable: Not Optionable
• Beta: 1.13