Logo image of MFNC

Mackinac Financial (MFNC) Stock Price, Quote, News and Overview

NASDAQ:MFNC - Nasdaq -

21.5  +0.12 (+0.56%)

MFNC Quote, Performance and Key Statistics

Mackinac Financial

NASDAQ:MFNC (9/3/2021, 9:01:12 PM)

21.5

+0.12 (+0.56%)

Sector
GICS SectorFinancials
GICS IndustryBanks
GICS IndustryGroupBanks
GICS SubIndustryRegional Banks
Statistics
52 Week High22.19
52 Week Low9.03
Market Cap226.82M
Shares10.55M
Float8.22M
Yearly Dividend0.56
Dividend Yield2.6%
PE15.81
Fwd PE30.29
Earnings (Next)N/A N/A
IPO02-29 2000-02-29


MFNC short term performance overview.The bars show the price performance of MFNC in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 10 20 30 40

MFNC long term performance overview.The bars show the price performance of MFNC in the last 1, 2 and 3 years. 1 year 2 years 3 years 20 40 60 80 100

The current stock price of MFNC is 21.5 null. In the past month the price increased by 3.32%. In the past year, price increased by 109.55%.

Mackinac Financial / MFNC Daily stock chart

MFNC Competitors/Peers

The largest stocks on the US markets in the "Regional Banks" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
TFC TRUIST FINANCIAL CORP 12.58 60.09B
HBANL HUNTINGTON BANCSHARES - HBAN 6 7/8 PERP 20.4 37.07B
HBANM HUNTINGTON BANCSHARES - HBAN 5.7 PERP 18.06 32.81B
MTB M & T BANK CORP 12.51 32.11B
HBANP HUNTINGTON BANCSHARES - HBAN 4 1/2 PERP 14.65 26.62B
HBAN HUNTINGTON BANCSHARES INC 12.92 23.48B
RF REGIONS FINANCIAL CORP 11.64 21.26B
CFG CITIZENS FINANCIAL GROUP 14.81 19.77B
VLYPN VALLEY NATIONAL BANCORP - VLY 8 1/4 PERP 40.57 14.28B
VLYPP VALLEY NATIONAL BANCORP - VLY 6 1/4 PERP 40.03 14.09B
VLYPO VALLEY NATIONAL BANCORP - VLY 8.43172 PERP 39.95 14.06B
EWBC EAST WEST BANCORP INC 11.28 13.02B

About MFNC

Company Profile

Mackinac Financial Corp. is a bank holding company, which engages in the provision of commercial banking services through its subsidiary, mBank. The company is headquartered in Manistique, Michigan and currently employs 315 full-time employees. The company went IPO on 2000-02-29. The Company, through the Bank, is engaged in the general commercial banking business. The Bank provides a range of loan and deposit products. These banking 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 funds for the Bank's operation are also provided by brokered deposits and through borrowings from the Federal Home Loan Bank (FHLB) system, proceeds from the sale of loans and mortgage-backed and other securities, funds from repayment of outstanding loans and earnings from operations. The Bank has over 13 branch offices located in the Upper Peninsula of Michigan and four branch offices located in Michigan's Lower Peninsula.

Company Info

Mackinac Financial

130 S Cedar St, PO Box 369

Manistique MICHIGAN 49854 US

CEO: Paul D. Tobias

Employees: 315

Company Website: https://www.bankmbank.com/about-mbank/

Phone: 19063418401.0

Mackinac Financial / MFNC FAQ

What is the stock price of Mackinac Financial today?

The current stock price of MFNC is 21.5 null. The price increased by 0.56% in the last trading session.


What is the ticker symbol for Mackinac Financial stock?

The exchange symbol of Mackinac Financial is MFNC and it is listed on the Nasdaq exchange.


On which exchange is MFNC stock listed?

MFNC stock is listed on the Nasdaq exchange.


What is the price forecast or stock price prediction for Mackinac Financial stock?

0 analysts have analysed MFNC and the average price target is 16.32 null. This implies a price decrease of -24.09% is expected in the next year compared to the current price of 21.5. Check the Mackinac Financial stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is Mackinac Financial worth?

Mackinac Financial (MFNC) has a market capitalization of 226.82M null. This makes MFNC a Micro Cap stock.


How many employees does Mackinac Financial have?

Mackinac Financial (MFNC) currently has 315 employees.


What are the support and resistance levels for Mackinac Financial (MFNC) stock?

Mackinac Financial (MFNC) has a support level at 19.77 and a resistance level at 21.92. Check the full technical report for a detailed analysis of MFNC support and resistance levels.


Is Mackinac Financial (MFNC) expected to grow?

The Revenue of Mackinac Financial (MFNC) is expected to decline by -7.02% in the next year. Check the estimates tab for more information on the MFNC EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy Mackinac Financial (MFNC) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does Mackinac Financial (MFNC) stock pay dividends?

Mackinac Financial (MFNC) has a dividend yield of 2.6%. The yearly dividend amount is currently 0.56. Check the full fundamental report for a detailed analysis of MFNC dividend history, reliability and sustainability.


What is the Price/Earnings (PE) ratio of Mackinac Financial (MFNC)?

The PE ratio for Mackinac Financial (MFNC) is 15.81. This is based on the reported non-GAAP earnings per share of 1.36 and the current share price of 21.5 null. Check the full fundamental report for a full analysis of the valuation metrics for MFNC.


MFNC Technical Analysis

ChartMill assigns a technical rating of 10 / 10 to MFNC. When comparing the yearly performance of all stocks, MFNC is one of the better performing stocks in the market, outperforming 88.99% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

MFNC Fundamental Analysis

ChartMill assigns a fundamental rating of 2 / 10 to MFNC. Both the profitability and financial health of MFNC have multiple concerns.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

MFNC Financial Highlights

Over the last trailing twelve months MFNC reported a non-GAAP Earnings per Share(EPS) of 1.36. The EPS increased by 7.09% compared to the year before.


Industry RankSector Rank
PM (TTM) 21.31%
ROA 0.91%
ROE 8.02%
Debt/Equity 0.17
Chartmill High Growth Momentum
EPS Q2Q%-3.03%
Sales Q2Q%-6.75%
EPS 1Y (TTM)7.09%
Revenue 1Y (TTM)3.44%

MFNC Ownership and Analysts

For the next year, analysts expect an EPS growth of -30.67% and a revenue growth -7.02% for MFNC


Ownership
Inst Owners0.02%
Ins Owners0.85%
Short Float %N/A
Short RatioN/A
Analysts
Analysts0
Price Target16.32 (-24.09%)
EPS Next Y-30.67%
Revenue Next Year-7.02%