Mackinac Financial Corp. Company Profile (NASDAQ:MFNC)

Analyst Ratings

Consensus Ratings for Mackinac Financial Corp. (NASDAQ:MFNC) (?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for Mackinac Financial Corp. (NASDAQ:MFNC)
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No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for Mackinac Financial Corp. (NASDAQ:MFNC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
7/25/2016        
10/30/2015Q315$0.16ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/30/2014Q4$0.52ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Mackinac Financial Corp. (NASDAQ:MFNC)
No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Current Dividend Information for Mackinac Financial Corp. (NASDAQ:MFNC)
Annual Dividend:$0.40
Dividend Yield:3.46%
Payout Ratio:47.06% (Based on Trailing 12 Months of Earnings)

Dividend History for Mackinac Financial Corp. (NASDAQ:MFNC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
5/25/2016quarterly$0.103.75%5/20/20165/24/20167/11/2016Tweet This Announcement  Share This Announcement on StockTwits
3/23/2016quarterly$0.103.85%3/31/20164/4/20164/12/2016Tweet This Announcement  Share This Announcement on StockTwits
10/28/2015quarterly$0.103.81%12/23/201512/28/20151/7/2016Tweet This Announcement  Share This Announcement on StockTwits
8/26/2015quarterly$0.103.81%9/21/20159/23/201510/5/2015Tweet This Announcement  Share This Announcement on StockTwits
5/29/2015quarterly$0.082.6%6/23/20156/25/20157/10/2015Tweet This Announcement  Share This Announcement on StockTwits
3/26/2015quarterly$0.082.67%4/1/20154/6/20154/15/2015Tweet This Announcement  Share This Announcement on StockTwits
12/15/2014quarterly$0.082.67%12/26/201412/30/20141/8/2015Tweet This Announcement  Share This Announcement on StockTwits
8/26/2014quarterly$0.051.72%9/22/20149/24/201410/6/2014Tweet This Announcement  Share This Announcement on StockTwits
6/26/2014quarterly$0.051.64%7/2/20147/7/20147/18/2014Tweet This Announcement  Share This Announcement on StockTwits
3/18/2014quarterly$0.051.51%3/28/20144/1/20144/11/2014Tweet This Announcement  Share This Announcement on StockTwits
12/17/2013quarterly$0.052.07%12/26/201312/30/20131/8/2014Tweet This Announcement  Share This Announcement on StockTwits
8/28/2013quarterly$0.041.68%9/30/201310/2/201310/14/2013Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Mackinac Financial Corp. (NASDAQ:MFNC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
2/25/2016David Russ SteinhardtDirectorBuy121,769$10.00$1,217,690.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/9/2012Ernie R KruegerCFOBuy8,733$5.75$50,214.75View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/9/2012Joseph D GareaDirectorBuy26,087$5.75$150,000.25View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/9/2012Paul Davison TobiasCEOBuy54,952$5.75$315,974.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Mackinac Financial Corp. (NASDAQ:MFNC)
DateHeadline
06/28/16 09:58 AMmBank announces senior level promotions
06/01/16 03:13 PMMACKINAC FINANCIAL CORP /MI/ Files SEC form 8-K, Change in Directors or Principal Officers, Regulation FD Disclosure, -
06/01/16 02:05 PMErnie R. Krueger to Retire After 12 Years With Mackinac Financial Corporation; Company Announces CFO Succession - [at noodls] - MANISTIQUE, MI -- (Marketwired) -- 06/01/16 -- The Directors of Mackinac Financial Corporation (NASDAQ: MFNC) (Mackinac), the holding company for mBank, announced today that Executive Vice President and ...
05/26/16 02:43 PMmBank to acquire First National Bank of Niagara - (WLUC) Mackinac Financial Corporation, the holding company for mBank, and Niagara Bancorporation ... have good growth potential and are a natural and valuable addition to MFNC.” The transaction is expected to close in the third Quarter or early fourth ...
05/26/16 02:43 PMMackinac Financial Corp. to acquire Wisconsin bank - Mackinac Financial Corp. (Nasdaq: MFNC) has assets of $732.9 million as of March 31. It’s the parent company of mBank, which has 13 offices in the Upper Peninsula, three in the northern Lower Peninsula, one in Oakland County in suburban Detroit ...
05/24/16 10:56 AMMackinac Financial Corporation to Acquire Niagara Bancorporation (Wisconsin) - [at noodls] - MANISTIQUE, MI and NIAGARA, WI -- (Marketwired) -- 05/24/16 -- Mackinac Financial Corporation (NASDAQ: MFNC) Niagara Bancorporation is the holding company for First National Bank of Niagara and is headquartered ...
05/17/16 02:15 PMMackinac Financial Corp. :MFNC-US: Earnings Analysis: Q1, 2016 By the Numbers -
04/29/16 02:30 PMMackinac Financial Corporation Completes the Acquisition of First National Bank of Eagle River - [at noodls] - MANISTIQUE, MI -- (Marketwired) -- 04/29/16 -- The Directors of Mackinac Financial Corporation (NASDAQ: MFNC) (Mackinac), the holding company for mBank, today announced the consummation of the acquisition ...
04/29/16 02:06 PMMACKINAC FINANCIAL CORP /MI/ Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Other Events, Fi -
02/11/16 09:27 AMMackinac Financial Corp. Earnings Analysis: 2015 By the Numbers -
02/03/16 02:12 PMMackinac Financial Corporation Reports Strong Earnings Growth for 2015 - [Marketwired] - Mackinac Financial Corporation , the bank holding company for mBank, today announced 2015 net income of $5.596 million, or $.90 per share, compared to net income $1.700 million, or $.30 per share in 2014. ...
01/21/16 12:41 PMMackinac Financial Corporation (MFNC) - Mackinac Financial Corporation operates as the holding company for mBank that provides commercial and retail banking products and services. The company offers interest bearing and non-interest bearing deposit products, including commercial and retail ...
01/19/16 07:42 AMMACKINAC FINANCIAL CORP /MI/ Files SEC form 8-K, Entry into a Material Definitive Agreement, Regulation FD Disclosure -
01/19/16 07:34 AM8:34 am Mackinac Finl to acquire First National Bank of Eagle River for $12.50 million -
12/08/15 12:18 PMMACKINAC FINANCIAL CORP /MI/ Financials -
11/13/15 07:05 AMMACKINAC FINANCIAL CORP /MI/ Files SEC form 10-Q, Quarterly Report -
10/30/15 03:37 PMMACKINAC FINANCIAL CORP /MI/ Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements -
10/30/15 12:58 PMMackinac Financial Corporation Reports Nine Month and Third Quarter 2015 Results - [at noodls] - MANISTIQUE, MI -- (Marketwired) -- 10/30/15 -- Mackinac Financial Corporation (NASDAQ: MFNC) (the 'Corporation'), the bank holding company for mBank, today announced third quarter 2015 net income of $1.018 ...
10/27/15 04:17 PMMACKINAC FINANCIAL CORP /MI/ Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits -
10/27/15 12:17 PMMackinac Financial Corporation Declares $.10 Cash Dividend on Common Stock - [at noodls] - MANISTIQUE, MI -- (Marketwired) -- 10/27/15 -- Mackinac Financial Corporation (NASDAQ: MFNC), the bank holding company for mBank (the 'Bank'), announced the approval of a cash dividend by its Board of ...
09/14/15 10:57 AMMackinac Financial Corp. Earnings Q2, 2015 -
08/25/15 12:19 PMMackinac Financial Corporation Declares 33% Increase in Cash Dividend on Common Stock - [Marketwired] - Mackinac Financial Corporation , the bank holding company for mBank , announced the approval of a cash dividend by its Board of Directors on August 25, 2015. The Board of Directors declared an increased ...
07/24/15 01:00 PMMackinac Financial Corporation Reports Increased Earnings Momentum for Six Month and Second Quarter 2015 Results - [Marketwired] - Mackinac Financial Corporation , the bank holding company for mBank, today announced second quarter 2015 income of $1.614 million or $.26 per share compared to net income of $.805 million, or $.15 per ...
05/28/15 03:07 PMMACKINAC FINANCIAL CORP /MI/ Files SEC form 8-K, Submission of Matters to a Vote of Security Holders -

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About Mackinac Financial Corp.

Mackinac Financial Corporation is a bank holding Company of mBank (the Bank). The Company, through the Bank, is engaged in the general commercial banking business. The Bank provides a range of loan and deposit products. These banking 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 funds for the Bank's operation are also provided by brokered deposits and through borrowings from the Federal Home Loan Bank (FHLB) system, proceeds from the sale of loans and mortgage-backed and other securities, funds from repayment of outstanding loans and earnings from operations. The Bank has over 13 branch offices located in the Upper Peninsula of Michigan and four branch offices located in Michigan's Lower Peninsula.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Southwest Banks
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: MFNC
  • CUSIP:
Key Metrics:
  • Previous Close: $11.57
  • 50 Day Moving Average: $11.23
  • 200 Day Moving Average: $10.69
  • P/E Ratio: 13.61
  • P/E Growth: 0.00
  • Market Cap: $72.03M
  • Beta: 0.71
Additional Links:
Mackinac Financial Corp. (NASDAQ:MFNC) Chart for Tuesday, July, 26, 2016