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Mackinac Financial Corp (MFNC.OQ)

MFNC.OQ on NASDAQ Stock Exchange Capital Market

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Latest Key Developments (Source: Significant Developments)

Mackinac Prices Public Offering Of 1.94 Mln Shares At $15.50/Share
Wednesday, 13 Jun 2018 09:00am EDT 

June 13 (Reuters) - Mackinac Financial Corp ::ANNOUNCES PRICING OF COMMON STOCK OFFERING.SAYS PUBLIC OFFERING OF 1.94 MILLION COMMON SHARES PRICED AT $15.50PER SHARE.  Full Article

Mackinac Financial Corp Files For Mixed Shelf Of Up To $75 Mln
Friday, 11 May 2018 05:13pm EDT 

May 11 (Reuters) - Mackinac Financial Corp ::MACKINAC FINANCIAL CORP FILES FOR MIXED SHELF OF UP TO $75 MILLION – SEC FILING.  Full Article

Mackinac Financial Corp Reports Q4 Adjusted Core Earnings Per Share $0.33
Thursday, 8 Feb 2018 04:29pm EST 

Feb 8 (Reuters) - Mackinac Financial Corp ::ORATION REPORTS 2017 FOURTH QUARTER AND ANNUAL RESULTS.Q4 EARNINGS PER SHARE $0.00.Q4 ADJUSTED CORE EARNINGS PER SHARE $0.33.QTRLY NET INTEREST INCOME $9.7 MILLION VERSUS $9.1 MILLION.  Full Article

First Federal Of Northern Michigan Bancorp To Merge With Mackinac Financial
Tuesday, 16 Jan 2018 05:28pm EST 

Jan 16 (Reuters) - Mackinac Financial Corp ::PRESS RELEASE - FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. TO MERGE WITH MACKINAC FINANCIAL CORPORATION.MACKINAC FINANCIAL CORP - FFNM SHAREHOLDERS WILL RECEIVE .576 SHARES OF MACKINAC COMMON STOCK FOR EACH SHARE OF FFNM COMMON STOCK.MACKINAC FINANCIAL CORP - TOTAL CONSIDERATION TO FFNM SHAREHOLDERS IN CONNECTION WITH TRANSACTION WOULD EQUATE TO $41.8 MILLION, OR $11.22 PER SHARE.MACKINAC FINANCIAL - UNDER TERMS OF AGREEMENT, SHAREHOLDERS OF FFNM WILL ALSO RECEIVE A SPECIAL CASH DIVIDEND IMMEDIATELY PRIOR TO CLOSE OF $8.0 MILLION.MACKINAC FINANCIAL CORP - ONE MUTUALLY AGREEABLE DIRECTOR FROM FFNM WILL JOIN MACKINAC AND MBANK BOARDS.MACKINAC FINANCIAL - SEES TRANSACTION TO BE ACCRETIVE TO EPS, EXCLUSIVE OF TRANSACTION RELATED COSTS, FOR 2018 OF 8.0%.  Full Article

Mackinac Financial Corp Q3 earnings per share $0.33
Wednesday, 1 Nov 2017 05:00pm EDT 

Nov 1 (Reuters) - Mackinac Financial Corp : :Mackinac Financial Corporation announces third quarter 2017 results.Q3 earnings per share $0.33.Q3 adjusted earnings per share $0.32.Mackinac Financial Corp - ‍total assets of corporation at September 30, 2017 totaled $1.015 billion, compared to $959.121 million at September 30, 2016​.Mackinac Financial Corp qtrly ‍net interest income after provision for loan losses $9.6 million versus $8.5 million ​.  Full Article

Mackinac Financial Q2 earnings per share $0.27
Thursday, 27 Jul 2017 12:52pm EDT 

July 27 (Reuters) - Mackinac Financial Corp ::Mackinac Financial Corporation surpasses $1 billion in total assets, announces six-month and second quarter 2017 results.Q2 earnings per share $0.27.Qtrly net interest income $9.3 million versus about $8.0 million.  Full Article

Mackinac Financial reports Q1 earnings per share $0.28
Wednesday, 26 Apr 2017 12:51pm EDT 

April 26 (Reuters) - Mackinac Financial Corp : :Mackinac Financial Corporation reports first quarter 2017 results.Q1 earnings per share $0.28.Tangible book value per share equated to $11.47 on March 31, 2017 compared to $11.64 per share a year ago.Qtrly total interest income of $10.6 million versus $8.3 million for same period in 2016.  Full Article

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

BRIEF-Mackinac Financial Corp Files For Mixed Shelf Of Up To $75 Mln

* MACKINAC FINANCIAL CORP FILES FOR MIXED SHELF OF UP TO $75 MILLION – SEC FILING Source text: (https://bit.ly/2G95cKY) Further company coverage: