Mackinac Financial Corporation provides banking solutions. It offers demand deposits and interest and non-interest bearing time and savings deposits. It's deposits include jumbo deposits and retail time deposits. The company provides commercial and industrial loans, consumer loans, commercial real estate loans, and other loans and leases. The bank offers consumer loans, including credit card loans, revolving credit plans, and automotive loans.
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Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Phone888-343-8147
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$59.64 million
Profitability
Miscellaneous
Employees294
Next Earnings Date10/30/2019 (Estimated)
OptionableNot Optionable
Mackinac Financial (NASDAQ:MFNC) Frequently Asked Questions
What is Mackinac Financial's stock symbol?
Mackinac Financial trades on the NASDAQ under the ticker symbol "MFNC."
How often does Mackinac Financial pay dividends? What is the dividend yield for Mackinac Financial?
Mackinac Financial announced a quarterly dividend on Tuesday, June 18th. Shareholders of record on Friday, June 28th will be given a dividend of $0.12 per share on Friday, July 12th. This represents a $0.48 annualized dividend and a yield of 3.35%. The ex-dividend date is Thursday, June 27th. View Mackinac Financial's Dividend History.
How were Mackinac Financial's earnings last quarter?
Mackinac Financial Co. (NASDAQ:MFNC) announced its earnings results on Wednesday, May, 1st. The financial services provider reported $0.30 earnings per share for the quarter, missing analysts' consensus estimates of $0.31 by $0.01. The financial services provider had revenue of $14.35 million for the quarter, compared to analyst estimates of $14.40 million. Mackinac Financial had a return on equity of 9.08% and a net margin of 19.24%. View Mackinac Financial's Earnings History.
When is Mackinac Financial's next earnings date?
Has Mackinac Financial been receiving favorable news coverage?
Press coverage about MFNC stock has been trending negative this week, according to InfoTrie Sentiment. The research group rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Mackinac Financial earned a daily sentiment score of -2.3 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Mackinac Financial.
Who are some of Mackinac Financial's key competitors?
Some companies that are related to Mackinac Financial include HarborOne Bancorp (HONE), Customers Bancorp (CUBI), Luther Burbank (LBC), Tristate Capital (TSC), QCR (QCRH), Bank of Marin Bancorp (BMRC), First Mid-Illinois Bancshares (FMBH), Flushing Financial (FFIC), Peoples Utah Bancorp (PUB), First Community Bankshares (FCBC), Mercantile Bank (MBWM), Carter Bank and Trust (CARE), Heritage Commerce (HTBK), First Financial (THFF) and MidWestOne Financial Group (MOFG).
What other stocks do shareholders of Mackinac Financial own?
Who are Mackinac Financial's key executives?
Mackinac Financial's management team includes the folowing people:
- Mr. Paul D. Tobias, Chairman & CEO (Age 68)
- Mr. Kelly W. George, Pres & Director (Age 51)
- Mr. Jesse A. Deering, Exec. VP & CFO (Age 39)
- Ms. Joanna B. Slaght, Exec. VP and MD of Compliance & Regulatory Risk
- Mr. Jeremy W. Flodin, Sr. VP, Sr. Credit Administrator & Credit Risk Analyst
Who are Mackinac Financial's major shareholders?
Mackinac Financial's stock is owned by a variety of of retail and institutional investors. Top institutional investors include EJF Capital LLC (4.89%), Jacobs Asset Management LLC (4.34%), BlackRock Inc. (4.03%), Vanguard Group Inc. (3.84%), Stieven Capital Advisors L.P. (2.27%) and Clarkston Capital Partners LLC (1.96%). Company insiders that own Mackinac Financial stock include Dennis Bittner and Jesse A Deering. View Institutional Ownership Trends for Mackinac Financial.
Which institutional investors are selling Mackinac Financial stock?
MFNC stock was sold by a variety of institutional investors in the last quarter, including Jacobs Asset Management LLC, Stieven Capital Advisors L.P. and Morgan Stanley. Company insiders that have sold Mackinac Financial company stock in the last year include Dennis Bittner and Jesse A Deering. View Insider Buying and Selling for Mackinac Financial.
Which institutional investors are buying Mackinac Financial stock?
MFNC stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., EJF Capital LLC, Vanguard Group Inc., Bank of New York Mellon Corp, Renaissance Technologies LLC, Charles Schwab Investment Management Inc., Northern Trust Corp and Acadian Asset Management LLC. View Insider Buying and Selling for Mackinac Financial.
How do I buy shares of Mackinac Financial?
Shares of MFNC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Mackinac Financial's stock price today?
One share of MFNC stock can currently be purchased for approximately $14.32.
How big of a company is Mackinac Financial?
Mackinac Financial has a market capitalization of $153.81 million and generates $59.64 million in revenue each year. The financial services provider earns $8.37 million in net income (profit) each year or $1.22 on an earnings per share basis. Mackinac Financial employs 294 workers across the globe.View Additional Information About Mackinac Financial.
What is Mackinac Financial's official website?
How can I contact Mackinac Financial?
Mackinac Financial's mailing address is 130 SOUTH CEDAR STREET, MANISTIQUE MI, 49854. The financial services provider can be reached via phone at 888-343-8147 or via email at [email protected]
MarketBeat Community Rating for Mackinac Financial (NASDAQ MFNC)
MarketBeat's community ratings are surveys of what our community members think about Mackinac Financial and other stocks. Vote "Outperform" if you believe MFNC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MFNC will underperform the S&P 500 over the long term. You may vote once every thirty days.
