Mackinac Financial (MFNC) Stock Price, Forecast & Analysis
USA - NASDAQ:MFNC -
MFNC Key Statistics, Chart & Performance
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%.
MFNC Latest News, Press Relases and Analysis
MFNC Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| TFC | TRUIST FINANCIAL CORP | 12.09 | 58.13B | ||
| HBANL | HUNTINGTON BANCSHARES - HBAN 6 7/8 PERP | 17.79 | 37.13B | ||
| HBANM | HUNTINGTON BANCSHARES - HBAN 5.7 PERP | 16.15 | 33.71B | ||
| BBT | BEACON FINANCIAL CORP | 11.3 | 33.67B | ||
| MTB | M & T BANK CORP | 11.54 | 28.97B | ||
| HBANP | HUNTINGTON BANCSHARES - HBAN 4 1/2 PERP | 12.52 | 26.12B | ||
| HBAN | HUNTINGTON BANCSHARES INC | 11.11 | 23.18B | ||
| CFG | CITIZENS FINANCIAL GROUP | 14.68 | 22.61B | ||
| RF | REGIONS FINANCIAL CORP | 11.08 | 22.25B | ||
| EWBC | EAST WEST BANCORP INC | 11.56 | 14.45B | ||
| VLYPN | VALLEY NATIONAL BANCORP - VLY 8 1/4 PERP | 31.34 | 14.38B | ||
| VLYPP | VALLEY NATIONAL BANCORP - VLY 8.11311 PERP | 31.02 | 14.24B |
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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
Phone: 19063418401.0
Mackinac Financial / MFNC FAQ
Can you describe the business of Mackinac Financial?
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.
Can you provide the latest stock price for Mackinac Financial?
The current stock price of MFNC is 21.5 null. The price increased by 0.56% in the last trading session.
What is the dividend status of Mackinac Financial?
Mackinac Financial (MFNC) has a dividend yield of 2.6%. The yearly dividend amount is currently 0.56.
What is the ChartMill technical and fundamental rating of MFNC stock?
MFNC has a ChartMill Technical rating of 10 out of 10 and a ChartMill Fundamental rating of 2 out of 10.
How is the valuation of Mackinac Financial (MFNC) based on its PE ratio?
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.
Should I buy MFNC stock?
This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on MFNC.
What is the market capitalization of MFNC stock?
Mackinac Financial (MFNC) has a market capitalization of 226.82M null. This makes MFNC a Micro Cap stock.
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.
MFNC Fundamental Analysis
ChartMill assigns a fundamental rating of 2 / 10 to MFNC. MFNC may be in some trouble as it scores bad on both profitability and health.
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 Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 21.31% | ||
| ROA | 0.91% | ||
| ROE | 8.02% | ||
| Debt/Equity | 0.17 |
MFNC Forecast & Estimates
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.
For the next year, analysts expect an EPS growth of -30.67% and a revenue growth -7.02% for MFNC