MFNC - Mackinac Financial Corporation

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
16.05
0.00 (0.00%)
As of 4:00PM EDT. Market open.
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Previous Close16.05
Open16.14
Bid16.00 x 800
Ask16.31 x 900
Day's Range16.00 - 16.14
52 Week Range14.02 - 17.58
Volume1,439
Avg. Volume32,726
Market Cap171.939M
Beta0.57
PE Ratio (TTM)26.88
EPS (TTM)0.60
Earnings DateJul 25, 2018 - Jul 30, 2018
Forward Dividend & Yield0.48 (2.97%)
Ex-Dividend Date2018-06-28
1y Target Est19.50
Trade prices are not sourced from all markets
  • GlobeNewswire14 days ago

    Mackinac Financial Corporation Reports Second Quarter 2018 Results Including Impact of Acquisition Activity and Capital Raise

    MANISTIQUE, Mich., Aug. 02, 2018-- Mackinac Financial Corporation, the bank holding company for mBank, today announced second quarter 2018 income of $396 thousand, or$. 05 per share, compared to net income ...

  • GlobeNewswire2 months ago

    Mackinac Financial Corporation Declares Cash Dividend on Common Stock

    Mackinac Financial Corporation (MFNC), the bank holding company for mBank (the “Bank”), announced the approval of a cash dividend by its Board of Directors on June 19, 2018.  The Board of Directors declared a cash dividend of $.12 per common share, payable July 16, 2018 to shareholders of record at June 29, 2018.

  • GlobeNewswire2 months ago

    Mackinac Financial Corporation Announces Closing of Common Stock Offering

    Mackinac Financial Corporation (MFNC) (the “Company”) announced today the closing of its underwritten public offering of an aggregate of 2,225,807 shares of the Company’s common stock at a price to the public of $15.50 per share. Hovde Group, LLC served as co-manager for the offering.  Donnelly Penman & Partners served as financial advisor to the Company for the offering. The net proceeds to the Company after deducting underwriting discounts and commissions and expenses are expected to be approximately $32.4 million.

  • GlobeNewswire2 months ago

    Mackinac Financial Corporation Announces Pricing of Common Stock Offering

    The Directors of Mackinac Financial Corporation (MFNC) (Mackinac), the holding company for mBank, today announced the pricing of its underwritten public offering of 1,935,484 shares of its common stock at a price of $15.50 per share, for gross proceeds of $30.0 million.  Net proceeds to Mackinac, after deducting underwriting discounts and commissions, but before deducting estimated offering expenses payable by Mackinac, are expected to be approximately $28.5 million. Mackinac has granted the underwriters an option, exercisable in whole or in part for 30 days, to purchase up to an additional 290,323 shares of its common stock at the public offering price, less the underwriting discount. Mackinac intends to use a portion of the net proceeds of this offering to fund a portion of the consideration payable in the acquisition of Lincoln Community Bank (Merrill, Wisconsin), to pay down certain debt obligations of the company, and to use the remainder for general corporate purposes, including for potential future strategic acquisitions and investments in mBank as regulatory capital.

  • GlobeNewswire2 months ago

    Mackinac Financial Corporation Announces Commencement of Common Stock Offering

    Mackinac Financial Corporation (MFNC) (“Mackinac”), the holding company for mBank, announced today that it has commenced an underwritten public offering of Mackinac’s common stock. Mackinac also expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of its common stock sold in the offering. Piper Jaffray & Co. is serving as the sole book-running manager and Hovde Group, LLC is serving as co-manager for the offering.

  • GlobeNewswire2 months ago

    Mackinac Financial Corporation to acquire Lincoln Community Bank (Wisconsin)

    Mackinac Financial will purchase the stock and acquire all assets of Lincoln Community Bank (Merrill, WI). The transaction is expected to close late in the third Quarter of 2018. The transaction will be Mackinac Financial Corporation’s second in 2018, fifth since December 2014, and will increase the number of branch locations in Wisconsin from 6 to 8 and total branches from 29 to 31.

  • GlobeNewswire3 months ago

    Mackinac Financial Corporation Completes the Acquisition of First Federal of Northern Michigan

    MANISTIQUE, Mich., May 18, 2018-- The Directors of Mackinac Financial Corporation, the holding company for mBank, today announced the consummation of the all-stock merger of First Federal of Northern Michigan ...

  • Did Mackinac Financial Corporation’s (NASDAQ:MFNC) Recent Earnings Growth Beat The Trend?
    Simply Wall St.6 months ago

    Did Mackinac Financial Corporation’s (NASDAQ:MFNC) Recent Earnings Growth Beat The Trend?

    Analyzing Mackinac Financial Corporation’s (NASDAQ:MFNC) track record of past performance is a valuable exercise for investors. It enables us to reflect on whether or not the company has met expectations,Read More...

  • Only 3 Days Left Before Mackinac Financial Corporation (NASDAQ:MFNC) Will Start Trading Ex-Dividend, Should You Buy?
    Simply Wall St.8 months ago

    Only 3 Days Left Before Mackinac Financial Corporation (NASDAQ:MFNC) Will Start Trading Ex-Dividend, Should You Buy?

    Important news for shareholders and potential investors in Mackinac Financial Corporation (NASDAQ:MFNC): The dividend payment of $0.12 per share will be distributed into shareholder on 09 January 2018, and theRead More...

  • Capital Cube9 months ago

    ETFs with exposure to Mackinac Financial Corp. : November 29, 2017

    Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Mackinac Financial Corp. Here are 5 ETFs with the largest exposure to MFNC-US. Comparing the performance and risk of Mackinac Financial Corp. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker ... Read more (Read more...)

  • Mackinac Financial Corp. :MFNC-US: Earnings Analysis: Q3, 2017 By the Numbers : November 20, 2017
    Capital Cube9 months ago

    Mackinac Financial Corp. :MFNC-US: Earnings Analysis: Q3, 2017 By the Numbers : November 20, 2017

    Categories: Yahoo FinanceGet free summary analysis Mackinac Financial Corp. reports financial results for the quarter ended September 30, 2017. We analyze the earnings along side the following peers of Mackinac Financial Corp. – Independent Bank Corporation, Macatawa Bank Corporation, MBT Financial Corp., Mercantile Bank Corporation, Chemical Financial Corporation and Fifth Third Bancorp (IBCP-US, MCBC-US, MBTF-US, MBWM-US, CHFC-US ... Read more (Read more...)

  • Capital Cube11 months ago

    ETFs with exposure to Mackinac Financial Corp. : September 27, 2017

    Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Mackinac Financial Corp. Here are 5 ETFs with the largest exposure to MFNC-US. Comparing the performance and risk of Mackinac Financial Corp. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker ... Read more (Read more...)

  • Mackinac Financial Corp. :MFNC-US: Earnings Analysis: Q2, 2017 By the Numbers : September 15, 2017
    Capital Cube11 months ago

    Mackinac Financial Corp. :MFNC-US: Earnings Analysis: Q2, 2017 By the Numbers : September 15, 2017

    Categories: Yahoo FinanceGet free summary analysis Mackinac Financial Corp. reports financial results for the quarter ended June 30, 2017. We analyze the earnings along side the following peers of Mackinac Financial Corp. – Independent Bank Corporation, Macatawa Bank Corporation, MBT Financial Corp., Mercantile Bank Corporation, Chemical Financial Corporation and Fifth Third Bancorp (IBCP-US, MCBC-US, MBTF-US, MBWM-US, CHFC-US ... Read more (Read more...)