How were Mackinac Financial's earnings last quarter?

Mackinac Financial Co. (NASDAQ:MFNC) posted its quarterly earnings results on Thursday, July, 22nd. The financial services provider reported $0.32 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.24 by $0.08. The financial services provider earned $15.69 million during the quarter. Mackinac Financial had a net margin of 19.78% and a trailing twelve-month return on equity of 8.16%.

Is Mackinac Financial a good dividend stock?

Mackinac Financial (NASDAQ:MFNC) pays an annual dividend of $0.56 per share and currently has a dividend yield of 2.60%. Read our dividend analysis for MFNC .

What is Paul D. Tobias' approval rating as Mackinac Financial's CEO?

1 employees have rated Mackinac Financial Chief Executive Officer Paul D. Tobias on Glassdoor.com . Paul D. Tobias has an approval rating of 100% among the company's employees. This puts Paul D. Tobias in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Mackinac Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Mackinac Financial investors own include Consolidated Edison (ED) , Kohl's (KSS) , Main Street Capital (MAIN) , Occidental Petroleum (OXY) , Domtar (UFS) , Algonquin Power & Utilities (AQN) , BCE (BCE) , Franklin Resources (BEN) , Cinemark (CNK) and CenterPoint Energy (CNP) .

NASDAQ:MFNC

Mackinac Financial (MFNC) Stock Price, News & Analysis

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Notice: This company has been marked as potentially delisted and may not be actively trading.

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Today's Range: $21.07
▼
$21.78
50-Day Range: $19.25
▼
$21.50
52-Week Range: $9.03
▼
$22.19

Volume: 194,294 shs
Average Volume: 146,322 shs
Market Capitalization: $226.83 million

P/E Ratio: 16.29
Dividend Yield: 2.60%
Price Target: N/A

Stock Analysis

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About Mackinac Financial Stock (NASDAQ:MFNC)

Mackinac Financial Corp. is a bank holding company, which engages in the provision of commercial banking services through its subsidiary, mBank. The firm offers loan and deposit products. Its 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 company was founded on December 16, 1974 and is headquartered in Manistique, MI.

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MFNC Stock News Headlines

April 11, 2024 | yahoo.com

MDOT to begin bridge projects in Mackinac County April 17

April 9, 2024 | yahoo.com

Chippewa Luce Mackinac Conservation District announces annual awards

April 18, 2024 | DTI (Ad)

This company has increased its dividend every year for 54 years

There are three basic steps to building the Ultimate Dividend Portfolio. Step #1 is to Get The High Yields! So an index fund like the SPY, paying only 1.5% a year, isn’t going to cut it. But a company like Altria Group (MO) will.

March 12, 2024 | msn.com

Mackinac Bridge repairs starting in March to close lanes, slow traffic for 2 months

February 26, 2024 | sports.yahoo.com

All clicking: Mackinaw City boys thump Mackinac Island in district basketball opener

January 29, 2024 | news.yahoo.com

Love Mackinac? Take the bridge home with you (no, really)

January 29, 2024 | news.yahoo.com

I visited Mackinac Island, the most beautiful island in the Midwest where no cars are allowed

January 6, 2024 | health.usnews.com

Nurse Practitioners in Mackinac Island, MI

April 18, 2024 | DTI (Ad)

This company has increased its dividend every year for 54 years

November 28, 2023 | msn.com

Mackinac Island Wraps Up Another Season of Charm and Tradition

November 8, 2023 | news.yahoo.com

Mackinac Island hotel gets $30M renovation, to reopen in 2024 after two years closed

October 2, 2023 | msn.com

Oct. 1: No more Canadian cash at the Mackinac Bridge

August 19, 2023 | detroitnews.com

Lights out: Mackinac Bridge to go dark Wednesday night

August 2, 2023 | usatoday.com

Michigan GOP pays $100K to Grand Hotel as Mackinac conference gets green light

July 19, 2023 | detroitnews.com

Big field, growing excitement highlight 99th sailing of Port Huron to Mackinac race

June 3, 2023 | detroitnews.com

Thompson: Focus on communities left behind at Mackinac

May 26, 2023 | usnews.com

Mackinac Island Public Schools

April 20, 2023 | msn.com

Mackinac Island prepares for summer tourism

March 26, 2023 | nytimes.com

Track Covid-19 in Mackinac County, Michigan

December 17, 2022 | yahoo.com

Mackinac Island, United States - Weather Forecasts | Maps | News - Yahoo Weather

October 6, 2022 | forbes.com

Take Advantage Of Fall Savings And Stay At Mackinac Island’s Most Historic Hotel

June 26, 2022 | yahoo.com

Destination... Mackinac Island

May 12, 2022 | finance.yahoo.com

Mackinac Island comes to Morenci this week with Michigan Notable Books author visit

July 22, 2021 | finance.yahoo.com

Mackinac Financial Corporation Reports 2021 Second Quarter Financial Results

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Company Calendar

Last Earnings: 7/22/2021
Today: 4/18/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: State Commercial Banks
Sub-Industry: N/A
Current Symbol: NASDAQ:MFNC
CUSIP: N/A
CIK: 36506
Web: www.bankmbank.com
Phone: (906) 341-8401
Fax: N/A
Employees: 315
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 16.29
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $13.47 million
Net Margins: 19.78%
Pretax Margin: N/A
Return on Equity: 8.16%
Return on Assets: 0.91%

Debt

Debt-to-Equity Ratio: 0.17
Current Ratio: 1.01
Quick Ratio: 1.01

Sales & Book Value

Annual Sales: $72.23 million
Price / Sales: 3.14
Cash Flow: $1.55 per share
Price / Cash Flow: 13.84
Book Value: $15.94 per share
Price / Book: 1.35

Miscellaneous

Outstanding Shares: 10,550,000
Free Float: N/A
Market Cap: $226.83 million
Optionable: Not Optionable
Beta: 1.13

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Key Executives

Paul Davison Tobias
Chairman & Chief Executive Officer
Kelly W. George
President & Director
Jesse A. Deering
Chief Financial Officer & Executive Vice President

Key Competitors

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MFNC Stock Analysis - Frequently Asked Questions

How were Mackinac Financial's earnings last quarter?: Mackinac Financial Co. (NASDAQ:MFNC) posted its quarterly earnings results on Thursday, July, 22nd. The financial services provider reported $0.32 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.24 by $0.08. The financial services provider earned $15.69 million during the quarter. Mackinac Financial had a net margin of 19.78% and a trailing twelve-month return on equity of 8.16%.
Is Mackinac Financial a good dividend stock?: Mackinac Financial (NASDAQ:MFNC) pays an annual dividend of $0.56 per share and currently has a dividend yield of 2.60%.
Read our dividend analysis for MFNC.
What is Paul D. Tobias' approval rating as Mackinac Financial's CEO?: 1 employees have rated Mackinac Financial Chief Executive Officer Paul D. Tobias on Glassdoor.com. Paul D. Tobias has an approval rating of 100% among the company's employees. This puts Paul D. Tobias in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Mackinac Financial own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Mackinac Financial investors own include Consolidated Edison (ED), Kohl's (KSS), Main Street Capital (MAIN), Occidental Petroleum (OXY), Domtar (UFS), Algonquin Power & Utilities (AQN), BCE (BCE), Franklin Resources (BEN), Cinemark (CNK) and CenterPoint Energy (CNP).

This page (NASDAQ:MFNC) was last updated on 4/18/2024 by MarketBeat.com Staff

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Mackinac Financial (MFNC) Stock Price, News & Analysis

About Mackinac Financial Stock (NASDAQ:MFNC)

MFNC Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

MFNC Stock Analysis - Frequently Asked Questions

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