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 declared a 0.12000 dividend on Wednesday, September 18th. Stockholders of record on Friday, September 27th will be given a dividend of $0.14 per share on Tuesday, October 8th. This represents a dividend yield of 3.1%. The ex-dividend date is Thursday, September 26th. View Mackinac Financial's Dividend History.
How were Mackinac Financial's earnings last quarter?
Mackinac Financial Co. (NASDAQ:MFNC) announced its quarterly earnings results on Thursday, August, 1st. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.33 by $0.01. The financial services provider had revenue of $14.91 million for the quarter, compared to analyst estimates of $15 million. Mackinac Financial had a net margin of 19.24% and a return on equity of 9.08%. View Mackinac Financial's Earnings History.
When is Mackinac Financial's next earnings date?
Has Mackinac Financial been receiving favorable news coverage?
News headlines about MFNC stock have trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Mackinac Financial earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news 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.
Are investors shorting Mackinac Financial?
Mackinac Financial saw a decrease in short interest in September. As of September 30th, there was short interest totalling 88,600 shares, a decrease of 12.8% from the August 30th total of 101,600 shares. Based on an average daily trading volume, of 13,900 shares, the days-to-cover ratio is currently 6.4 days. Currently, 1.0% of the company's shares are short sold. View Mackinac Financial's Current Options Chain.
Who are some of Mackinac Financial's key competitors?
Some companies that are related to Mackinac Financial include Tristate Capital (TSC), Peoples Bancorp (PEBO), Customers Bancorp (CUBI), Midland States Bancorp (MSBI), Luther Burbank (LBC), Flushing Financial (FFIC), QCR (QCRH), HarborOne Bancorp (HONE), First Mid-Illinois Bancshares (FMBH), Bank of Marin Bancorp (BMRC), Mercantile Bank (MBWM), Peoples Utah Bancorp (PUB), First Financial (THFF), Carter Bank and Trust (CARE) and Old Line Bancshares, Inc. (MD) (OLBK).
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
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, Robinhood, Fidelity and Charles Schwab.
What is Mackinac Financial's stock price today?
One share of MFNC stock can currently be purchased for approximately $15.45.
How big of a company is Mackinac Financial?
Mackinac Financial has a market capitalization of $165.93 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.
