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Mackinac Financial Corp (MFNC.OQ)

MFNC.OQ on NASDAQ Stock Exchange Capital Market

16.80USD
22 Jun 2018
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Latest Key Developments (Source: Significant Developments)

Mackinac Financial Corporation Reports Q1 EPS Of $0.24
Thursday, 3 May 2018 

May 3 (Reuters) - Mackinac Financial Corp ::ORATION REPORTS FIRST QUARTER 2018 RESULTS & ANNOUNCES EXPECTED FFNM TRANSACTION COMPLETION DATE.Q1 EARNINGS PER SHARE $0.24.TOTAL REVENUE OF COMPANY FOR FIRST THREE MONTHS OF 2018 EQUATED TO $11.67 MILLION COMPARED TO $11.37 MILLION FOR SAME PERIOD OF 2017.QTRLY NET INTEREST INCOME $9.31 MILLION, COMPARED TO $9.17 MILLION IN Q1 OF 2017.  Full Article

First Federal Of Northern Michigan Bancorp To Merge With Mackinac Financial
Wednesday, 17 Jan 2018 

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
Thursday, 2 Nov 2017 

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 loss per share $0.02
Thursday, 4 Aug 2016 

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

BRIEF-Mackinac Financial Corporation Reports Q1 EPS Of $0.24

* ORATION REPORTS FIRST QUARTER 2018 RESULTS & ANNOUNCES EXPECTED FFNM TRANSACTION COMPLETION DATE