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Mackinac Financial Corporation (MFNC)

Stock Price: $21.92 USD -0.10 (-0.45%)
Updated May 7, 2021 4:00 PM EDT - Market closed
After-hours: $20.93 -0.99 (-4.52%) May 7, 7:34 PM
Market Cap 231.79M
Revenue (ttm) 64.01M
Net Income (ttm) 13.47M
Shares Out 10.55M
EPS (ttm) 1.36
PE Ratio 16.14
Forward PE n/a
Dividend $0.56
Dividend Yield 2.55%
Trading Day May 7
Last Price $21.92
Previous Close $22.02
Change ($) -0.10
Change (%) -0.45%
Day's Open 21.85
Day's Range 21.77 - 22.19
Day's Volume 90,463
52-Week Range 7.69 - 22.19

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NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Mackinac Financial...

3 days ago - Business Wire

MANISTIQUE, Mich., April 29, 2021 (GLOBE NEWSWIRE) -- Mackinac Financial Corporation (Nasdaq: MFNC) (“we”, or the “Corporation”) the bank holding company for mBank (“the Bank”) today announced 2021 firs...

1 week ago - GlobeNewsWire

NEW YORK, April 16, 2021 /PRNewswire/ --  Juan Monteverde , founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018 and 2019 ISS Securities Class ...

3 weeks ago - PRNewsWire

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Mackinac Financial Corporation (NASDAQ: MFNC) to Nicolet Bankshares, Inc. is fair to ...

3 weeks ago - Business Wire

Pre-market movers on Tuesday include ZOM stock, RIOT stock and AGC stock, following all sorts of big stock market news. The post Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Tue...

Other stocks mentioned: AGC, LYL, NCBS, OBAS, RILY, RIOT, TIRX ...
3 weeks ago - InvestorPlace

NEW YORK, April 12, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Mackinac Financial Corporation ("Macki...

Other stocks mentioned: NCBS
3 weeks ago - PRNewsWire

MILWAUKEE, April 12, 2021 /PRNewswire/ -- Ademi LLP is investigating Mackinac (Nasdaq: MFNC) for possible breaches of fiduciary duty and other violations of law in its transaction with Nicolet. Click he...

3 weeks ago - PRNewsWire

GREEN BAY, Wis. and MANISTIQUE, Mich.

Other stocks mentioned: NCBS
3 weeks ago - PRNewsWire

MANISTIQUE, Mich., March 30, 2021 (GLOBE NEWSWIRE) -- Mackinac Financial Corporation (Nasdaq: MFNC), the bank holding company for mBank (the “Bank”), announced the approval of a cash dividend by its Boa...

1 month ago - GlobeNewsWire

Mackinac Financial Corporation (MFNC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further ...

1 month ago - Zacks Investment Research

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 ahead for th...

3 months ago - Zacks Investment Research

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 $13.47 mill...

3 months ago - GlobeNewsWire

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 by its Boar...

4 months ago - GlobeNewsWire

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 2020 third...

6 months ago - GlobeNewsWire

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
7 months ago - GuruFocus

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 announced 2020 sec...

9 months ago - GlobeNewsWire

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

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

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

10 months ago - Zacks Investment Research

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
11 months ago - Zacks Investment Research

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 dividend by its B...

1 year ago - GlobeNewsWire

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 by its Bo...

1 year ago - GlobeNewsWire

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 dividend by its B...

1 year ago - GlobeNewsWire

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

1 year ago - Zacks Investment Research

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 Directors ...

1 year ago - GlobeNewsWire

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.

1 year ago - Zacks Investment Research

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.

2 years ago - Zacks Investment Research

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
Stock Exchange
NASDAQ
Ticker Symbol
MFNC
Full Company Profile

Financial Performance

In 2020, MFNC's revenue was $64.01 million, an increase of 7.62% compared to the previous year's $59.48 million. Earnings were $13.47 million, a decrease of -2.72%.

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 a decrease of -31.57% from the latest price.

Price Target
$15.00
(-31.57% downside)
Analyst Consensus: Buy