Mackinac Financial Corp. (MFNC)


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Sept. 3, 2021


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About the Company

Mackinac Financial Corporation is a registered bank holding company formed under the Bank Holding Company Act of 1956 with assets in excess of $1.5 billion. The principal subsidiary of the Corporation is mBank. Headquartered in Manistique, Michigan, mBank has 29 branch locations; eleven in the Upper Peninsula, ten in the Northern Lower Peninsula, one in Oakland County, Michigan, and seven in Northern Wisconsin. The Corporation’s banking services include commercial lending and treasury management products and services geared toward small to mid-sized businesses, as well as a full array of personal and business deposit products and consumer loans.

Sector

Finance and Insurance

Industry

Commercial Banking

Employees

315

Exchange

NASDAQ

Website

www.bankmbank.com

$63M

Total Revenue

315

Employees

$237M

Market Capitalization

16.41

Price/Earning ratio

Fundamental Data and Insider Transactions (Quarterly data) Full Screen

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Latest $MFNC News

Whitmer, a millionaire, set up new company before signing financial disclosure bills

10d ago, source:

Gov. Gretchen Whitmer's upcoming book, "True Gretch," was contracted through her new company because it is a "personal ...

Evercore and Houlihan Lokey rated top M&A financial advisers in Q1 2024 in TMT sector

23h ago, source: GlobalData on MSN

M&A activity is becoming increasingly challenging for Big Tech companies as regulators increase scrutiny of larger deals.

Skokie office complex sold to developers at a staggering discount

2d ago, source: Crain's Chicago Business

A group of local developers has taken a key step forward in a $90 million plan to turn an office complex near Old Orchard ...

Rite Aids to close 13 additional locations in 5 states, court docs say

5d ago, source: WJW-TV Cleveland on MSN

Rite Aid has announced plans to close 13 additional stores after filing for Chapter 11 bankruptcy protection last year, according to court documents filed Tuesday.

100 Years Ago: Stronach-Eastlake road project shelved for now

3d ago, source: Manistee News

“The Stronach- Eastlake road project [around Manistee Lake] was shelved [by the Board of Supervisors] until the October ...

Line 5 activist group wants Gov. Whitmer to “be an advocate” for shutdown

8d ago, source: Great Lakes Now

In a late move, the Department of Justice sides with Canada on continued operation of Line 5, citing treaty and the public’s ...

U.S. Dept. of Justice says Enbridge is trespassing on tribal lands

12d ago, source: Interlochen Public Radio

The department also stressed the importance of a 1977 pipeline treaty between the U.S. and Canada, but didn't say what the ...

Manulife Financial: Company Firing On All Cylinders, But Valuation Too Rich (Rating Downgrade)

6d ago, source:

Manulife Financial reported strong performance in terms of net income, premiums, and profitability. Find out why I'm ...

Lakeland Financial: Q1 Earnings Snapshot

1d ago, source:

Lakeland Financial Corp. (LKFN) on Thursday reported net income of $23.4 million in its first quarter. The bank, based in Warsaw, Indiana, said it had earnings of 91 cents per share. Earnings, ...

One of the Best Hummingbird Gardens in America is in New Jersey

2d ago, source: 92.7 WOBM

Thanks to onlyinyourstate.com, the only breed of hummingbird in New Jersey is the ruby-throated hummingbird. Perth Amboy is ...

Biden Administration Slams Enbridge for Ongoing Trespass on Bad River Reservation But Says Pipeline Treaty With Canada Must Be Honored

14d ago, source: Inside Climate News

Court should increase “paltry” $5 million payment for the Wisconsin tribe, but balancing tribal sovereignty and a binding ...

State Briefs

4d ago, source: Grand Haven Tribune

Former Warren police officers accused of unnecessary force charged with additional felonies ...

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