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Mackinac Financial Corp  (MFNC)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial


Mackinac Financial's ROI from its second quarter of 2021 to the second quarter of 2020 and 5 Year Period

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

What is Mackinac Financial's ROI in the second quarter of 2021?
Mackinac Financial Corp achieved a return on average invested assets (ROI) of 5.92 % in its second quarter of 2021, this is above MFNC's average return on investment of 4.66%.
Mackinac Financial Corp invested over the 12 months ending in its second quarter of 2021 $233 million

Despite the deterioration in its net income, company has improved ROI compared to the first quarter of 2021.

Within the Financial sector 487 other companies had a higher return on investment. While return on investment, the total ranking has deteriorated compared to the first quarter of 2021 from 1312 to 1689.

Definition and Formula of Return on Investment


Return On Investment (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 Investment Change -27.2 % -1.36 % 2.01 % 0.09 % -
Y / Y Net Income Change -14.74 % 27.17 % 10.59 % -10.62 % -5.86 %
Investment (TTM) in Millions 212 235 243 242 291
Return On Investment (TTM) 5.92 % 5.66 % 5.31 % 5.2 % 5.36 %
MFNC's Overall Ranking # 1689 # 1312 # 1009 # 1127 # 896
Seq. Investment Change -9.86 % -3.29 % 0.38 % -16.81 % 22.13 %
Seq. Net Income Change -24.1 % 6.48 % 9.63 % -3.76 % 13.21 %
Net Income (TTM) in Millions 14 14 13 13 14




Return On Investment MFNC's Ranking
Within: No.
Industry # 181
Sector # 488
Overall # 1689

Return On Investment Statistics
High Average Low
8.34 %
4.66 %
2.1 %
(Sep 30 2019)   (Jun 30 2018)







Financial Statements
Mackinac Financial's II. Quarter Investments $ 212 Millions MFNC's Balance sheet
Mackinac Financial's II. Quarter Income $ 3 Millions Quarterly MFNC's Income Statement
MFNC's Income by Division See MFNC's Income by Division


MFNC Annual Return On Investment (Dec 31 2020)
2020
(Dec 31 2019)
2019
(Dec 31 2018)
2018
(Dec 31 2017)
2017
(Dec 31 2016)
2016
Total Investments in Millions 243 238 218 167 154
Y / Y Investment Growth 2.01 % 9.45 % 30.01 % 8.68 % 19.44 %
Net Income in Millions 13 14 8 5 4
Y / Y Net Income Growth -2.72 % 65.53 % 52.71 % 22.22 % -19.89 %
Annual Return On Investment 5.55 % 5.82 % 3.85 % 3.27 % 2.91 %


Annual Roi Comment
In the fiscal year 2020 ROI decreased relative to the previous year to 5.55 %, due to deterioration of net income.

Definition and Formula of Return on Investment

Other ROI Ratios
Regional Banks Industry Roi Trends and Statistics
Financial Sector Return On Investment Statistics
Roi Trends for overall market
MFNC's Roi Ratio versus Regional Banks Industry, Financial Sector and total Market
Highest Ranking Return On Investment
Lowest Ranking Return On Investment
Return On Investment for MFNC's Competitors
Roi for Mackinac Financial's Suppliers
Return On Investment for MFNC's Customers

Other Ratios
MFNC's Roa MFNC's Inventory Turnover Ratio MFNC's Growth Rates MFNC's Dividend Statistics
MFNC's Profitability Ratios MFNC's Asset Turnover Ratio MFNC's Dividend Growth
MFNC's Roe MFNC's Valuation Ratios MFNC's Financial Strength Ratios MFNC's Dividend Payout Ratio



Companies with similar Return On Investment at Jun 30 2021, within Financial Sector ROI
Pjt Partners Inc   16.22 %
Capital Bancorp Inc  16.17 %
Annaly Capital Management Inc  15.81 %
Sandy Spring Bancorp Inc   15.68 %
United States 12 month Natural Gas Fund Lp  15.44 %
Ryan Specialty Holdings Inc   15.43 %
Unitedhealth Group Incorporated  15.28 %
Pathward Financial Inc   15.19 %
Regions Financial Corporation  15.19 %
Agnc Investment Corp   15.03 %
Kernel Group Holdings Inc  14.96 %
Stewart Information Services Corp  14.91 %
Amerisafe Inc   14.80 %
Greene County Bancorp Inc   14.71 %
Discover Financial Services  14.68 %
Village Bank and Trust Financial Corp   14.62 %
Berkshire Hathaway Inc  14.54 %
Plumas Bancorp  14.50 %
Marlin Business Services Corp   14.48 %
Weyerhaeuser Company  14.39 %
Victory Capital Holdings Inc   14.35 %
Northrim Bancorp Inc   14.21 %
Commerce Bancshares Inc   14.16 %
Western Alliance Bancorporation  14.13 %
Kkr and co inc   14.11 %
Arrow Financial Corporation  14.08 %
Union Bankshares Inc   14.05 %
Fidelity National Financial Inc   14.03 %
Atlanticus Holdings Corp  13.95 %
Invesco Db Base Metals Fund  13.94 %


Date modified: 2023-03-26T07:51:22+00:00



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