Mackinac Financial Corporation MFNC
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52-week range unavailable
- Open
- —
- Prev close
- 0.00
- Mkt cap
- 226.83M
- Vol
- 0
- Avg vol
- 0
- EPS
- 0.00
- P/E
- 0.00
- Div yield
- 2.60%
More statistics
- Low
- —
- High
- —
- Forward P/E
- 30.71
- Beta
- 1.12
- Short ratio
- 1.14
- Inst. own
- 58.84%
- Dividend
- 0.56
- Ex-div date
- Jun 30, 2021
- Earnings
- Jul 22, 2021
- 50-d avg
- 21.09
- 200-d avg
- 19.49
- 1y target
- 16.00
Key statistics
- Market cap
- 226.83M
- Enterprise value
- -98.63M
- Trailing P/E
- 16.42
- Forward P/E
- 30.71
- PEG ratio
- 2.46
- Price / sales
- 3.55
- Price / book
- 1.32
- EPS (TTM)
- 1.31
- Beta
- 1.12
- Dividend yield
- 2.60%
- Payout ratio
- 42.75%
- Profit margin
- 21.62%
- Revenue (TTM)
- 63.81M
- Revenue growth
- -6.50%
- Free cash flow
- 0
- Total cash
- 353.90M
- Total debt
- 28.44M
- Return on equity
- 8.21%
- Shares outstanding
- 10.55M
- Short % of float
- 0.33%
- 50-day average
- 21.09
- 200-day average
- 19.49
Analyst view
Consensus: buy
- Strong buy0
- Buy1
- Hold0
- Sell0
- Strong sell0
Next earnings
Jul 22, 2021
Expected Jul 22, 2021. Consensus EPS estimate 0.20.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Jul 22, 2021 | Jun 1, 2021 | 0.00 | — | — | — |
| Apr 29, 2021 | Mar 1, 2021 | 0.00 | — | — | — |
| Jan 28, 2021 | Dec 1, 2020 | 0.31 | — | — | — |
| Oct 29, 2020 | Sep 1, 2020 | 0.29 | — | — | — |
| Jul 30, 2020 | Jun 1, 2020 | 0.28 | — | — | — |
| Apr 30, 2020 | Mar 1, 2020 | 0.26 | — | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jun 20, 2018 | PiperJaffray | init | — | Overweight |
| Apr 3, 2018 | Hovde Group | init | — | Outperform |
About Mackinac Financial Corporation
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, including commercial loans to entities within real estate  operators of nonresidential buildings industry; consumer loan products comprising installment, mortgages, home equity loans, and residential mortgage loans; and commercial and governmental lease financing, as well as offers safe deposit facilities. It has 28 branch locations, including 10 in the Upper Peninsula, 10 in the Lower Peninsula, 1 in Southeast Michigan, Michigan, and 7 in Wisconsin. The company was formerly known as North Country Financial Corporation and changed its name to Mackinac Financial Corporation in December 2004. Mackinac Financial Corporation was incorporated in 1974 and is headquartered in Manistique, Michigan.
- Sector
- Financial Services
- Industry
- Banks—Regional
- Country
- United States
- Website
- bankmbank.com
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| ASPATORE WALTER J | Director | Purchase | Nov 12, 2020 | 34,120 |
| BITTNER DENNIS B | Director | Stock Award(Grant) | Sep 30, 2020 | 5,102 |
| DEERING JESSE A | Chief Financial Officer | Stock Award(Grant) | Jan 14, 2021 | 31,109 |
| GAREA JOSEPH D | Director | Stock Award(Grant) | Sep 30, 2020 | 91,315 |
| GEORGE KELLY W | President | Stock Award(Grant) | Jan 14, 2021 | 105,943 |
| MAHANEY ROBERT EDWARD II | Director | Stock Award(Grant) | Sep 30, 2020 | 29,982 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Manufacturers Life Insurance Co. | 6.06% | 638,843 | 12.62M | Jun 29, 2021 |
| Dimensional Fund Advisors LP | 4.76% | 501,800 | 9.92M | Jun 29, 2021 |
| Tudor Investment Corporation | 4.13% | 436,008 | 8.62M | Jun 29, 2021 |
| Vanguard Group, Inc. (The) | 3.84% | 405,065 | 8.00M | Jun 29, 2021 |
| Millennium Management LLC | 2.72% | 286,583 | 5.66M | Jun 29, 2021 |
| FJ Capital Management LLC | 1.76% | 186,000 | 3.68M | Jun 29, 2021 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| John Hancock Regional Bank Fund (Investors Tr) | 2.93% | 309,314 | 6.11M | Jun 29, 2021 |
| Vanguard Total Stock Market Index Fund | 2.29% | 241,433 | 4.77M | Jun 29, 2021 |
| John Hancock Financial Opportunities Fund | 1.56% | 164,181 | 3.24M | Jun 29, 2021 |
| DFA U.S. Small Cap Value Series | 1.51% | 158,946 | 3.45M | Apr 29, 2021 |
| Vanguard Extended Market Index Fund | 1.37% | 145,023 | 2.87M | Jun 29, 2021 |
| John Hancock Financial Industries Fund (Inst Ser I) | 0.78% | 81,792 | 1.62M | Jun 29, 2021 |