Mackinac Financial Corp (MFNC) 11.61 $MFNC
Mackinac Financial (MFNC) Downgraded From Buy to Hold
at The Street - Fri Feb 06, 11:40AM CST
Mackinac Financial (MFNC) has been downgraded by TheStreet Ratings from Buy to Hold with a ratings score of C+.
MFNC: 11.61 (+0.36)
Nasdaq stocks posting largest percentage decreases
AP - Thu Feb 05, 5:04PM CST
NEW YORK (AP) — A look at the 10 biggest percentage decliners on Nasdaq at the close of trading:
SPLS: 16.86 (-0.22), PPSI: 9.09 (-0.26), ADXS: 7.18 (+0.06), GEOS: 19.15 (+0.02), MTRX: 19.92 (+0.77), AIRT: 19.45 (+0.39), PACB: 6.96 (-0.06), ADEP: 6.93 (-0.30), PRQR: 18.32 (-0.86), DERM: 16.52 (-0.11), LAYN: 7.93 (+0.22), ACHN: 10.89 (-0.20), POWL: 33.41 (+0.39), PLNR: 6.63 (-0.07), MFNC: 11.61 (+0.36)
Mackinac Financial EPS of $0.30
Seeking Alpha - at Seeking Alpha - Wed Feb 04, 4:01PM CST
MFNC: 11.61 (+0.36)
Mackinac Financial Corporation Announces 2014 Results of Operations
Marketwired - Wed Feb 04, 3:01PM CST
Mackinac Financial Corporation (NASDAQ: MFNC), the bank holding company for mBank (the "Bank"
, today announced 2014 income of $1.700 million, or $.30 per share, compared to net income available to common shareholders of $5.629 million, or $1.01, per share for 2013. In 2013, a deferred tax benefit of $2.250 million was recorded which equated to $.40 per share. In December 2014, the Corporation completed the acquisition of Peninsula Financial Corporation, ("PFC" the holding company for Peninsula Bank, headquartered in Ishpeming, Michigan. In connection with this acquisition and other strategic initiatives, the Corporation had nonrecurring transaction related expenses totaling $2.475 million. These "one-time" costs reduced the reported net income in 2014 by $1.810 million, or $.32 per share, on an after tax basis. The adjusted net income for 2014 (not inclusive of the nonrecurring transaction related expenses) would equate to $3.510 million, or $.62 per share, compared to adjusted net income of $3.379 million in 2013 (not including the deferred tax benefit), or $.61 per share. Weighted average shares for 2014 totaled 5,592,738 compared to 5,518,383 shares in 2013.
MFNC: 11.61 (+0.36)
Nasdaq stocks posting largest volume decreases
AP - Wed Jan 21, 5:01PM CST
NEW YORK (AP) — A look at the 10 biggest volume decliners on Nasdaq at the close of trading:
SFST: 17.20 (-0.42), MCBK: 20.10 (+0.10), OPOF: 15.05 (-0.20), STRS: 13.89 (+0.09), MLVF: 12.30 (+0.14), HFFC: 14.82 (+0.29), ANCB: 22.14 (+0.53), BCBP: 11.70 (+0.09), FBSS: 17.59 (-0.11), MFNC: 11.61 (+0.36)
Mackinac Financial (MFNC) Upgraded From Hold to Buy
at The Street - Fri Jan 09, 9:30AM CST
Mackinac Financial (MFNC) has been upgraded by TheStreet Ratings from Hold to Buy with a ratings score of B.
MFNC: 11.61 (+0.36)
Mackinac Financial declares $0.07 dividend
Seeking Alpha - at Seeking Alpha - Fri Dec 12, 1:28PM CST
MFNC: 11.61 (+0.36)
Mackinac Financial Corporation Declares Increased Cash Dividend on Common Stock
Marketwired - Fri Dec 12, 1:19PM CST
Mackinac Financial Corporation (NASDAQ: MFNC), the bank holding company for mBank (the "Bank" , reported the dividend and payment date of the dividend previously approved by its Board of Directors on October 28, 2014. On that date, the Board of Directors declared a cash dividend of $.075 per common share, payable January 8, 2015 to shareholders of record December 30, 2014. The dividend is an increase of $.025 per share from the prior quarter's dividend and represents a 50% increase in the annualized dividend from $.20 per share to $.30 per share.
MFNC: 11.61 (+0.36)
Mackinac Financial Corporation Completes the Acquisition of Peninsula Financial Corporation
Marketwired - Fri Dec 05, 2:39PM CST
The Directors of Mackinac Financial Corporation (NASDAQ: MFNC) (Mackinac), the holding company for mBank, today announced the consummation of the merger of Peninsula Financial Corporation (Peninsula), the holding company for Peninsula Bank, with and into Mackinac with Mackinac as the surviving corporation. Following the closing of the merger, Peninsula Bank was consolidated into mBank and all branches will open as mBank locations on Monday, December 8, 2014.
MFNC: 11.61 (+0.36)
Mackinac Financial reports Q3 profit
Seeking Alpha - at Seeking Alpha - Thu Oct 30, 5:05PM CDT
MFNC: 11.61 (+0.36)
Mackinac Financial Corporation Reports Nine Month and Third Quarter 2014 Results; Announces a 50% Increase in Annual Dividend From $.20 to $.30 per Share
Marketwired - Thu Oct 30, 3:01PM CDT
Mackinac Financial Corporation (NASDAQ: MFNC), the bank holding company for mBank (the "Bank" , today announced third quarter 2014 income of $.886 million or $.16 per share compared to net income available to common shareholders of $.846 million, or $.15 per share for the third quarter of 2013. Operating results for the first nine months of 2014 totaled $2.352 million or $.43 per share compared to $2.719 million or $.49 per share for the same period in 2013.
MFNC: 11.61 (+0.36)
Mackinac Financial (MFNC) Downgraded From Buy to Hold
at The Street - Fri Feb 06, 11:40AM CST
Mackinac Financial (MFNC) has been downgraded by TheStreet Ratings from Buy to Hold with a ratings score of C+.
MFNC: 11.61 (+0.36)
Nasdaq stocks posting largest percentage decreases
AP - Thu Feb 05, 5:04PM CST
NEW YORK (AP) — A look at the 10 biggest percentage decliners on Nasdaq at the close of trading:
SPLS: 16.86 (-0.22), PPSI: 9.09 (-0.26), ADXS: 7.18 (+0.06), GEOS: 19.15 (+0.02), MTRX: 19.92 (+0.77), AIRT: 19.45 (+0.39), PACB: 6.96 (-0.06), ADEP: 6.93 (-0.30), PRQR: 18.32 (-0.86), DERM: 16.52 (-0.11), LAYN: 7.93 (+0.22), ACHN: 10.89 (-0.20), POWL: 33.41 (+0.39), PLNR: 6.63 (-0.07), MFNC: 11.61 (+0.36)
Mackinac Financial EPS of $0.30
Seeking Alpha - at Seeking Alpha - Wed Feb 04, 4:01PM CST
MFNC: 11.61 (+0.36)
Mackinac Financial Corporation Announces 2014 Results of Operations
Marketwired - Wed Feb 04, 3:01PM CST
Mackinac Financial Corporation (NASDAQ: MFNC), the bank holding company for mBank (the "Bank"
, today announced 2014 income of $1.700 million, or $.30 per share, compared to net income available to common shareholders of $5.629 million, or $1.01, per share for 2013. In 2013, a deferred tax benefit of $2.250 million was recorded which equated to $.40 per share. In December 2014, the Corporation completed the acquisition of Peninsula Financial Corporation, ("PFC" the holding company for Peninsula Bank, headquartered in Ishpeming, Michigan. In connection with this acquisition and other strategic initiatives, the Corporation had nonrecurring transaction related expenses totaling $2.475 million. These "one-time" costs reduced the reported net income in 2014 by $1.810 million, or $.32 per share, on an after tax basis. The adjusted net income for 2014 (not inclusive of the nonrecurring transaction related expenses) would equate to $3.510 million, or $.62 per share, compared to adjusted net income of $3.379 million in 2013 (not including the deferred tax benefit), or $.61 per share. Weighted average shares for 2014 totaled 5,592,738 compared to 5,518,383 shares in 2013. MFNC: 11.61 (+0.36)
Nasdaq stocks posting largest volume decreases
AP - Wed Jan 21, 5:01PM CST
NEW YORK (AP) — A look at the 10 biggest volume decliners on Nasdaq at the close of trading:
SFST: 17.20 (-0.42), MCBK: 20.10 (+0.10), OPOF: 15.05 (-0.20), STRS: 13.89 (+0.09), MLVF: 12.30 (+0.14), HFFC: 14.82 (+0.29), ANCB: 22.14 (+0.53), BCBP: 11.70 (+0.09), FBSS: 17.59 (-0.11), MFNC: 11.61 (+0.36)
Mackinac Financial (MFNC) Upgraded From Hold to Buy
at The Street - Fri Jan 09, 9:30AM CST
Mackinac Financial (MFNC) has been upgraded by TheStreet Ratings from Hold to Buy with a ratings score of B.
MFNC: 11.61 (+0.36)
Mackinac Financial declares $0.07 dividend
Seeking Alpha - at Seeking Alpha - Fri Dec 12, 1:28PM CST
MFNC: 11.61 (+0.36)
Mackinac Financial Corporation Declares Increased Cash Dividend on Common Stock
Marketwired - Fri Dec 12, 1:19PM CST
Mackinac Financial Corporation (NASDAQ: MFNC), the bank holding company for mBank (the "Bank"
, reported the dividend and payment date of the dividend previously approved by its Board of Directors on October 28, 2014. On that date, the Board of Directors declared a cash dividend of $.075 per common share, payable January 8, 2015 to shareholders of record December 30, 2014. The dividend is an increase of $.025 per share from the prior quarter's dividend and represents a 50% increase in the annualized dividend from $.20 per share to $.30 per share. MFNC: 11.61 (+0.36)
Mackinac Financial Corporation Completes the Acquisition of Peninsula Financial Corporation
Marketwired - Fri Dec 05, 2:39PM CST
The Directors of Mackinac Financial Corporation (NASDAQ: MFNC) (Mackinac), the holding company for mBank, today announced the consummation of the merger of Peninsula Financial Corporation (Peninsula), the holding company for Peninsula Bank, with and into Mackinac with Mackinac as the surviving corporation. Following the closing of the merger, Peninsula Bank was consolidated into mBank and all branches will open as mBank locations on Monday, December 8, 2014.
MFNC: 11.61 (+0.36)
Mackinac Financial reports Q3 profit
Seeking Alpha - at Seeking Alpha - Thu Oct 30, 5:05PM CDT
MFNC: 11.61 (+0.36)
Mackinac Financial Corporation Reports Nine Month and Third Quarter 2014 Results; Announces a 50% Increase in Annual Dividend From $.20 to $.30 per Share
Marketwired - Thu Oct 30, 3:01PM CDT
Mackinac Financial Corporation (NASDAQ: MFNC), the bank holding company for mBank (the "Bank"
, today announced third quarter 2014 income of $.886 million or $.16 per share compared to net income available to common shareholders of $.846 million, or $.15 per share for the third quarter of 2013. Operating results for the first nine months of 2014 totaled $2.352 million or $.43 per share compared to $2.719 million or $.49 per share for the same period in 2013. MFNC: 11.61 (+0.36)
