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Mackinac Financial Corp (MFNC.OQ)

MFNC.OQ on NASDAQ Stock Exchange Capital Market

13.39USD
25 Apr 2017
Change (% chg)

$0.19 (+1.44%)
Prev Close
$13.20
Open
$13.34
Day's High
$13.39
Day's Low
$13.16
Volume
950
Avg. Vol
1,303
52-wk High
$14.06
52-wk Low
$10.25

Latest Key Developments (Source: Significant Developments)

MACKINAC FINANCIAL CORP INCREASES DIVIDEND BY 20 PCT TO $0.12/COMMON SHARE
Tuesday, 28 Mar 2017 12:38pm EDT 

Mackinac Financial Corp : MACKINAC FINANCIAL CORPORATION DECLARES INCREASED CASH DIVIDEND ON COMMON STOCK . SAYS BOARD OF DIRECTORS DECLARED A CASH DIVIDEND OF $0.12 PER COMMON SHARE .NEW DIVIDEND IS AN INCREASE OF $0.02 PER SHARE FROM PRIOR QUARTER'S DIVIDEND.  Full Article

Mackinac Financial Q4 adj core shr $0.29
Thursday, 2 Feb 2017 02:16pm EST 

Mackinac Financial Corp : Mackinac financial corporation reports 2016 fourth quarter and annual results including two acquisitions with full operational integration . Q4 earnings per share $0.27 . Q4 adjusted core earnings per share $0.29 .Mackinac financial corp says book value per share at quarter end equated to $12.55 compared to $12.32 per share a year ago.  Full Article

Mackinac Financial Corporation Q3 earnings per share $0.28
Thursday, 3 Nov 2016 02:59pm EDT 

Mackinac Financial Corp : Mackinac financial corp- qtrly net interest income $8.69 million versus $7.24 million . Mackinac Financial Corporation reports nine month and third quarter results following second acquisition of 2016 . Q3 adjusted earnings per share $0.32 .Q3 earnings per share $0.28.  Full Article

Mackinac Financial Q2 loss per share $0.02
Thursday, 4 Aug 2016 12:08pm EDT 

Mackinac Financial Corp : Mackinac Financial Corporation announces six month and second quarter 2016 results . Q2 loss per share $0.02 . Qtrly net interest income $8 million versus $7 million .Mackinac Financial Corp qtrly adjusted net income for q2 of 2016 would equate to $1.588 million, or $.25 per share.  Full Article

Mackinac Financial announces CFO succession
Wednesday, 1 Jun 2016 02:49pm EDT 

Mackinac Financial Corp : Executive Vice President and Chief Financial Officer, Ernie R. Krueger, will be retiring effective July 31, 2016 .Appointed Jesse Deering, to executive vice president and CFO of both Mackinac and mBank, effective August 1, 2016.  Full Article

Mackinac Financial Corporation to acquire Niagara Bancorporation
Tuesday, 24 May 2016 11:31am EDT 

Mackinac Financial Corp : Mackinac Financial Corporation to acquire Niagara Bancorporation (Wisconsin) . Mackinac to acquire Niagara in an all cash transaction for a fixed $7.325 million purchase price .Mackinac Financial Corporation says merger agreement also provides that First National Bank of Niagara will be consolidated into Mbank.  Full Article

Mackinac Financial Q1 earnings per share $0.18
Monday, 9 May 2016 11:00am EDT 

Mackinac Financial Corp : Mackinac Financial Corporation reports first quarter 2016 results . Q1 earnings per share $0.18 .Net interest income in Q1 of 2016 remained mostly flat at $7.288 million, or 4.33%, compared to $7.520 million, or 4.53%, in Qq1 of 2015.  Full Article

Mackinac Financial Corp to acquire First National Bank of Eagle River
Tuesday, 19 Jan 2016 08:33am EST 

Mackinac Financial Corp:Announced the execution of a definitive agreement for Mackinac to acquire all outstanding stock of First National Bank of Eagle River (FNBER) in an all cash transaction for a fixed $12.50 million.Anticipates the transaction to be immediately accretive to earnings per share for 2016.  Full Article

Mackinac Financial Corp declares cash dividend
Tuesday, 27 Oct 2015 12:56pm EDT 

Mackinac Financial Corp:Declares cash dividend of $.10 per common share.Payable Jan. 7, 2016 to shareholders of record at Dec. 28.  Full Article

Mackinac Financial Corp declares cash dividend
Tuesday, 25 Aug 2015 01:20pm EDT 

Mackinac Financial Corp:Declares 33% increase in cash dividend on common stock.Sets cash dividend of $0.10 per share.  Full Article

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