Mackinac Financial Corporation (MFNC) News
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Latest MFNC News From Around the Web
Below are the latest news stories about Mackinac Financial Corp that investors may wish to consider to help them evaluate MFNC as an investment opportunity.
Mackinac Financial Corporation Reports 2021 Second Quarter Financial ResultsMANISTIQUE, Mich., July 22, 2021 (GLOBE NEWSWIRE) -- Mackinac Financial Corporation (Nasdaq: MFNC) (we, or the Corporation) the bank holding company for mBank (the Bank) today announced 2021 second quarter net income of $2.94 million, or $.28 per share, compared to 2020 second quarter net income of $3.45 million, or $.33 per share. The 2021 second quarter results included expenses related to the pending merger with Nicolet Bankshares, Inc. (Green Bay, WI) (Nicolet), which had an estimated after-tax impact of $391 thousand on earnings. Adjusted net income (net of transaction related expenses) for the second quarter of 2021 was $3.34 million, or $.32 per share. Weighted average shares outstanding for the second quarter of 2021 were 10,550,393 compared to 10,533,589 for the same period of ... |
SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates AMRB, MX, CADE, MFNC; Shareholders are Encouraged to Contact the FirmNEW YORK, June 30, 2021 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: American River Bankshares (NASDAQ: AMRB) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Bank of Marin Bancorp. In connection with the merger, American River shareholders will receive a fixed exchange ratio of 0.575 shares of Bank of Marin common stock for each share of Am |
INVESTIGATION ALERT: Halper Sadeh LLP Investigates MNR, CORE, MMAC, SOLY, SPRT, MFNC; Shareholders are Encouraged to Contact the FirmHalper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: |
Mackinac Financial Corporation Consensus Indicates Potential 25.0% UpsideMackinac Financial Corporation with ticker code (MFNC) now have 2 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The range between the high target price and low target price is between 16 and 16 calculating the average target price we see 16. Given that the stocks previous close was at 12.8 this is indicating there is a potential upside of 25.0%. The 50 day moving average now sits at 12.42 and the 200 moving average now moves to 10.5. The market capitalisation for the company is $136m. Company Website: /> [stock_market_widget type="chart" symbol="MFNC" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Mackinac Financial Corporation operates as the bank holding company for mBank that provides commercial and retail banking products an... |
SHAREHOLDER ALERT: Monteverde & Associates Investigates the Following MergersNEW YORK, NY / ACCESSWIRE / June 25, 2021 /Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating: * Meridian Bancorp, Inc. (NASDAQ:EBSB) relating to its proposed acquisition by Independent Bank Corp. |
SHAREHOLDER ALERT: WeissLaw LLP Reminds PLBN, MFNC, CORE, and ALTA Shareholders About Its Ongoing InvestigationsNEW YORK, June 24, 2021 (GLOBE NEWSWIRE) -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq.WeissLaw LLP1500 Broadway, 16th FloorNew York, NY 10036(212) 682-3025(888) [email protected] Pilot Bancshares, Inc. (OTC: PLBN) WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the boa |
Is Mackinac Financial Corporation (MFNC) Going to Burn These Hedge Funds?No summary available. |
SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates the Following Companies - CNBKA, HGV, SPRT, PFBI, MFNCHalper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: |
SHAREHOLDER ALERT: Monteverde & Associates Continues to Investigate the Following MergerJuan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating: |
Mackinac Financial Corporation Declares Cash Dividend On Common StockMANISTIQUE, Mich., June 18, 2021 (GLOBE NEWSWIRE) -- Mackinac Financial Corporation (Nasdaq: MFNC), the bank holding company for mBank (the “Bank”), announced the approval of a cash dividend by its Board of Directors on June 18, 2021. The Board of Directors declared a cash dividend of $.14 per common share for the second quarter of 2021, payable July 16, 2021 to shareholders of record at July 2, 2021. The dividend is unchanged from the prior quarter’s dividend. Mackinac Financial Corporation is |