Mackinac Financial (MFNC) Return on Equity ROE from the second quarter 2021 to second quarter 2020 and annually, average high and low, overall ranking from Jun 30 2021 to Jun 30 2020 - CSIMarket
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Mackinac Financial Corp  (NASDAQ: MFNC)
    Sector • Financial    Industry • Regional Banks
   Industry • Regional Banks
   Sector • Financial

Mackinac Financial's ROE per quarter

Return on Equity, Quarterly Results, Trends, Rankings, Statistics


What is ROE for Mackinac Financial in the second quarter 2021?
Mackinac Financial Corp achieved a return on average equity (ROE) of 8.16 % in its second quarter 2021, which is below Mackinac Financial's average return on equity, which stands at 8.22%.

ROE decreased relative to the period ending , due to the decline in net income.

Within the Regional Banks industry 197 other companies had a higher return on equity. While return on equity, the total ranking has deteriorated compared to the first quarter 2021 from 1584 to 1899.

What is ROE?




Return On Equity (Jun 30 2021)
II. Quarter
(Mar 31 2021)
I. Quarter
(Dec 31 2020)
IV. Quarter
(Sep 30 2020)
III. Quarter
(Jun 30 2020)
II. Quarter
Y / Y Equity Change 4.73 % 6.32 % 3.67 % 3.75 % -
Y / Y Net Income Change -14.74 % 27.17 % 10.59 % -10.62 % -5.86 %
Net Income (TTM) in Millions 14 14 13 13 14
Return On Equity (TTM) 8.16 % 8.56 % 8.19 % 8.05 % 8.37 %
MFNC's Total Ranking # 1899 # 1584 # 1444 # 1344 # 1284
Equity (TTM) in Millions 172 170 168 166 164
Seq. Equity Change 1.02 % 1.38 % 1.02 % 1.23 % 2.56 %
Seq. Net Income Change -24.1 % 6.48 % 9.63 % -3.76 % 13.21 %

Return On Equity Company Ranking
Within: No.
Industry # 198
Sector # 610
Overall # 1899

Return On Equity Statistics
High Average Low
20.45 %
8.22 %
2.49 %
(Dec 31 2012)   (Dec 31 2014)





MFNC Annual Return On Equity (Dec 31 2020)
2020
(Dec 31 2019)
2019
(Dec 31 2018)
2018
(Dec 31 2017)
2017
(Dec 31 2016)
2016
Total Equity in Millions 168 162 152 81 79
Y / Y Equity Change 3.67 % 6.48 % 86.82 % 3.55 % 2.62 %
Net Income in Millions 13 14 8 5 4
Y / Y Net Income Change -2.72 % 65.53 % 52.71 % 22.22 % -19.89 %
Return On Equity 8.03 % 8.55 % 5.5 % 6.73 % 5.7 %





Annual Roe Comment
In 2020 ROE decreased compared to the previous year to 8.03 %, due to deterioration of net income.


More Return On Equity Ratios
Regional Banks Industry Roe Trends and Statistics
Financial Sector Return On Equity Statistics
MFNC's' Return on Equity at Yahoo Finance
MFNC's Roe Ratio versus Regional Banks Industry, Financial Sector and overall Market
Highest Ranking Return On Equity
Lowest Ranking Return On Equity
Subscribers only: Roe for MFNC's Competitors
Subscribers only: Roe for Mackinac Financial's Suppliers
Subscribers only: Return On Equity for MFNC's Customers




Companies with similar Return On Equity at Jun 30 2021, within Financial Sector ROE
Waterstone Financial Inc   22.30 %
Capital Bancorp Inc  22.28 %
World Acceptance Corporation  22.28 %
Equifax Inc  22.25 %
Affiliated Managers Group inc   22.22 %
Extra Space Storage Inc   22.11 %
Dynex Capital Inc   22.06 %
Gaming And Leisure Properties inc   21.96 %
Svb Financial Group  21.85 %
Trean Insurance Group Inc   21.68 %
Creditriskmonitor com Inc   21.65 %
Voya Financial Inc   21.58 %
Cadence Bancorporation  21.57 %
Unitedhealth Group Incorporated  21.54 %
Randolph Bancorp Inc.  21.44 %
Siriuspoint Ltd   21.41 %
Guild Holdings Company  21.38 %
Selectquote Inc   21.31 %
Stepstone Group Inc   21.27 %
Regions Financial Corporation  21.23 %
Athene Holding Ltd  21.17 %
Security National Financial Corporation  21.16 %
Uwharrie Capital Corp  21.05 %
Hilltop Holdings Inc   20.82 %
The Goldman Sachs Group Inc   20.81 %
Kinsale Capital Group Inc   20.76 %
Western Alliance Bancorporation  20.73 %
Markel Group Inc   20.69 %
Amerisafe Inc   20.67 %
Walker and Dunlop Inc   20.65 %


Date modified: 2026-09-08T15:10:21+00:00



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