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Mackinac Financial Corporation (MFNC)

Stock Price: $12.90 USD -0.41 (-3.08%)
Updated Feb 26, 2021 4:00 PM EST - Market closed
Market Cap 135.91M
Revenue (ttm) 62.89M
Net Income (ttm) 13.12M
Shares Out 10.53M
EPS (ttm) 1.27
PE Ratio 10.16
Forward PE n/a
Dividend $0.56
Dividend Yield 4.34%
Trading Day February 26
Last Price $12.90
Previous Close $13.31
Change ($) -0.41
Change (%) -3.08%
Day's Open 13.30
Day's Range 12.85 - 13.28
Day's Volume 8,173
52-Week Range 6.19 - 14.59

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Zacks Investment Research - 4 weeks ago

Mackinac Financial Corporation (MFNC) delivered earnings and revenue surprises of 12.90% and 3.58%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ah...

GlobeNewsWire - 4 weeks ago

MANISTIQUE, Mich., Jan. 28, 2021 (GLOBE NEWSWIRE) -- Mackinac Financial Corporation (Nasdaq: MFNC) (the “Corporation”), the bank holding company for mBank, today announced 2020 net income of $...

GlobeNewsWire - 2 months ago

MANISTIQUE, Mich., Dec. 15, 2020 (GLOBE NEWSWIRE) -- Mackinac Financial Corporation (Nasdaq: MFNC), the bank holding company for mBank (the “Bank”), announced the approval of a cash dividend b...

GlobeNewsWire - 3 months ago

MANISTIQUE, Mich., Oct. 29, 2020 (GLOBE NEWSWIRE) -- Mackinac Financial Corporation (Nasdaq: MFNC) (“we”, or the “Corporation”) the bank holding company for mBank (“the Bank”) today announced ...

GuruFocus - 5 months ago

These stocks draw the attention of dividend investors because they represent loyal payers who have topped the S&P 500 index in terms of a higher dividend growth rate over the last few years.

Other stocks mentioned: FBHS, SFBS
GlobeNewsWire - 5 months ago

MANISTIQUE, Mich., Sept. 21, 2020 (GLOBE NEWSWIRE) -- Mackinac Financial Corporation (Nasdaq: MFNC), the bank holding company for mBank (the “Bank”), announced the approval of a cash dividen...

GlobeNewsWire - 6 months ago

MANISTIQUE, Mich., July 30, 2020 (GLOBE NEWSWIRE) -- Mackinac Financial Corporation (Nasdaq: MFNC) (“we”, or the “Corporation”) the bank holding company for mBank (“the Bank”) today announce...

Zacks Investment Research - 8 months ago

Low-beta dividend paying names may be the best way to go in a volatile market.

Other stocks mentioned: ABBV, EBMT, HRB, VIRT, BMY
Zacks Investment Research - 8 months ago

Let's see if Mackinac Financial (MFNC) stock is a good choice for value-oriented investors right now from multiple angles.

Zacks Investment Research - 8 months ago

Here are six best-performing stocks with substantial net profit margins that can contribute to making an enriching portfolio.

Other stocks mentioned: EBMT, ORN, PRDO, SYX, TNK
GlobeNewsWire - 10 months ago

MANISTIQUE, Mich., March 31, 2020 (GLOBE NEWSWIRE) -- Mackinac Financial Corporation (Nasdaq: MFNC), the bank holding company for mBank (the “Bank”), announced the approval of a cash dividen...

GlobeNewsWire - 1 year ago

MANISTIQUE, Mich., Dec. 17, 2019 (GLOBE NEWSWIRE) -- Mackinac Financial Corporation (Nasdaq: MFNC), the bank holding company for mBank (the “Bank”), announced the approval of a cash dividend...

GlobeNewsWire - 1 year ago

MANISTIQUE, Mich., Sept. 17, 2019 (GLOBE NEWSWIRE) -- Mackinac Financial Corporation (Nasdaq: MFNC), the bank holding company for mBank (the “Bank”), announced the approval of a cash dividen...

Zacks Investment Research - 1 year ago

Mackinac Financial (MFNC) appears to be a promising bet, riding on solid organic growth, earnings strength and long-term growth opportunities.

GlobeNewsWire - 1 year ago

MANISTIQUE, Mich., Aug. 28, 2019 (GLOBE NEWSWIRE) -- Mackinac Financial Corporation (Nasdaq: MFNC) (the “Corporation”), the bank holding company for mBank, announced today that its Board of ...

Zacks Investment Research - 1 year ago

Mackinac Financial (MFNC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks Investment Research - 1 year ago

Mackinac Financial (MFNC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

About MFNC

Mackinac Financial Corporation operates as the bank holding company for mBank that provides commercial and retail banking products and services in the United States. It offers interest bearing and non-interest bearing accounts, such as commercial and retail checking accounts, negotiable order of withdrawal accounts, money market accounts, individual retirement accounts, regular interest-bearing statement savings accounts, certificates of deposit, time deposits, and interest bearing transaction accounts. The company provides loan products, inclu... [Read more...]

Industry
Banks-Regional
IPO Date
Oct 2, 1998
CEO
Paul D. Tobias
Employees
315
Stock Exchange
NASDAQ
Ticker Symbol
MFNC
Full Company Profile

Financial Performance

In 2019, MFNC's revenue was $59.48 million, an increase of 16.86% compared to the previous year's $50.89 million. Earnings were $13.85 million, an increase of 65.53%.

Financial Statements

Analyst Forecasts

According to 2 analysts, the average rating for MFNC stock is "Buy." The 12-month stock price forecast is 15.00, which is an increase of 16.28% from the latest price.

Price Target
$15.00
(16.28% upside)
Analyst Consensus: Buy