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MFNC $21.5

MFNC target price
21.50
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0
Mackinac Financial Corporation
Type
Public
Traded as NASDAQ: MFNC
Industry Finance
Founded 1974
Headquarters Manistique, Michigan, United States
Key people
Paul Tobias, Chairman, and CEO
Products Financial services
Net income
$19.824 million (Dec. 31, 2012)
Total assets $545.980 million (Dec. 31, 2012)
Total equity Increase US$ 72.448  million (2012)
Website homepage

Mackinac Financial Corporation is a bank holding company for mBank, it provides commercial and retail banking products and services and was incorporated on December 16, 1974. The company's common stock is traded on the NASDAQ stock market under the symbol of “MFNC.”

The company, through the operation of its subsidiary mBank, offers loan and deposit products, customary retail services and commercial banking services including time deposits, interest-bearing transaction accounts, health saving accounts, treasury management, online banking service, real estate mortgage lending and so on. Apart from the bank, the company also operates non-bank subsidiaries: First Manistique Agency, First Rural Relending Company and North Country Capital Trust to offer financial services.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2018 2021-10-27 Future report Set alerts
Q2 2021 2021-07-22 0.32 0.32
Q2 2018 2021-07-22 0.32 0.32
Q1 2021 2021-04-29 0.37 0.37
Q1 2018 2021-04-29 0.37 0.37
Q4 2020 2021-01-28 0.35 0.35
Q4 2017 2021-01-28 0.35 0.35
Q3 2020 2020-10-29 0.32 0.32
Q2 2020 2020-07-30 0.33 0.33
Q1 2020 2020-04-30 0.28 0.28

Ratings

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Funds

In MFNC 4 funds of 2213 total. Show all

Fund name Ticker shares
Clover Partners, L.P. 0.13M
BlackRock Investment Management, LLC 792
BlackRock Fund Advisors 764
Cornerstone Advisors, Inc. 75

Major Shareholders

Name Relationship Total Shares Holding stocks
Steinhardt David Russ 18.90%  (1044557) MFNC /
Tobias Paul Davison Chief Executive Officer 1.30%  (72107) MFNC /
GEORGE KELLY W Pres. & Chief Exec. Officer* 1.10%  (60715) MFNC /
KRUEGER ERNIE R Executive VP & CFO 0.88%  (48381) MFNC /
Paschke Randolph Clare 0.55%  (30317) MFNC /
ASPATORE WALTER J 0.52%  (28620) MEI / MFNC /
Orley Robert Harris 0.48%  (26641) MFNC /
Mahaney Robert Edward II 0.44%  (24420) MFNC /
Deering Jesse A EVP and CFO 0.23%  (12439) MFNC /
Garea Joseph D 0.18%  (10000) MFNC /
Patterson Lewis Brooks 0.18%  (10000) MFNC /
BITTNER DENNIS 0.12%  (6452) MFNC /