|
Mackinac Financial Corp (MFNC) |
|
|
|
Mackinac Financial's Leverage Ratio
MFNC's quarterly Leverage Ratio and Total Liabilities, Equity growth
Despite a net increase in borrowings by 0.67%, Mackinac Financial managed to enhance Leverage Ratio in the second quarter 2021 to 7.84, falling below the company's typical Leverage Ratio.
Within Regional Banks industry in the second quarter 2021, 76 other companies have achieved lower Leverage Ratio than Mackinac Financial in the II Quarter 2021. While Leverage Ratio total ranking has deteriorated compared to the first quarter 2021 from 3330 to 4466 .
Explain Leverage Ratio?
Who are MFNC Customers?
What are MFNC´s Total Liabilities?
Select the Comparisons :
|
|
Select the Ratio:
|
|
MFNC Leverage Ratio |
(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 % |
4 % |
Y / Y Total Liabilities Change |
-0.54 % |
11.85 % |
15.17 % |
13.51 % |
15.47 % |
Leverage Ratio MRQ |
7.84 |
7.86 |
7.95 |
8.16 |
8.25 |
MFNC's Total
Ranking |
# 4466 |
# 3330 |
# 3166 |
# 3675 |
# 4506 |
Seq. Equity Change |
1.02 % |
1.38 % |
1.02 % |
1.23 % |
2.56 % |
Seq. Total Liabilities Change |
0.67 % |
0.32 % |
-1.69 % |
0.18 % |
13.21 % |
Leverage Ratio second quarter 2021 Company Ranking |
Within: |
No. |
Regional Banks Industry |
# 77 |
Financial Sector |
# 699 |
Overall Market |
# 4466 |
Leverage Ratio Statistics |
High |
Average |
Low |
11.64 |
8.61 |
6.45 |
(Jun 30 2017) |
|
(Mar 31 2013) |
Cumulative Mackinac Financial's Leverage Ratio
MFNC's Leverage Ratio for the trailling 12 Months
MFNC Leverage Ratio |
(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 TTM Growth |
4.73 % |
6.32 % |
3.67 % |
3.75 % |
4 % |
Y / Y Total Liabilities TTM Growth |
-0.54 % |
11.85 % |
15.17 % |
13.51 % |
15.47 % |
Leverage Ratio TTM |
7.95 |
8.05 |
7.96 |
7.77 |
7.59 |
Total
Ranking TTM |
# 3750
| # 3439
| # 2852
| # 3658
| # 3373
|
Seq. Equity TTM Growth |
1.02 % |
1.38 % |
1.02 % |
1.23 % |
2.56 % |
Seq. Total Liabilities TTM Growth |
0.67 % |
0.32 % |
-1.69 % |
0.18 % |
13.21 % |
On the trailing twelve months basis Despite of the net new borrowings of 0.67% during the twelve months period ending in II Quarter 2021 Mackinac Financial has managed to decrease Leverage Ratio in the II Quarter 2021 to 7.95, below Mackinac Financial's average Leverage Ratio. Leverage Ratio is the average cumulative value over the last four quarters.
Among companies in the Regional Banks industry 76, during the past 12 months, other companies have achieved lower Leverage Ratio than Mackinac Financial. While Leverage Ratio total ranking has deteriorated during the twelve months ending in the II Quarter 2021, compared to the prior period, from 3439 to 3750.
Explain Leverage Ratio?
Who are MFNC Customers?
What are MFNC´s Total Liabilities?
TTM Leverage Ratio Company Ranking |
Within: |
No. |
Within the Regional Banks Industry |
# 77 |
Financial Sector |
# 605 |
Within the Market |
# 3750 |
trailing twelve months Leverage Ratio Statistics |
High |
Average |
Low |
11.41 |
8.89 |
7.38 | (Sep 30 2017) |
|
(Mar 31 2020) |
Companies with similar Leverage Ratio in the quarter ending Jun 30 2021, within Regional Banks Industry | Leverage Ratio | Jun 30 2021 MRQ Total Liabilities | Jun 30 2021 MRQ Equity | Century Bancorp Inc | 17.50 | $ 6,870.659 Millions | $ 392.555 Millions | Republic First Bancorp Inc | 15.52 | $ 4,972.257 Millions | $ 320.441 Millions | Metropolitan Bank Holding Corp | 14.92 | $ 5,423.598 Millions | $ 363.595 Millions | Quaint Oak Bancorp Inc | 14.63 | $ 485.890 Millions | $ 33.201 Millions | Greene County Bancorp Inc | 13.71 | $ 2,050.751 Millions | $ 149.584 Millions | Northern Trust Corporation | 13.57 | $ 160,468.100 Millions | $ 11,823.000 Millions | Orange County Bancorp inc | 13.56 | $ 1,911.321 Millions | $ 140.911 Millions | Tristate Capital Holdings Inc | 13.53 | $ 10,746.604 Millions | $ 794.568 Millions | Silvergate Capital Corporation | 13.12 | $ 11,418.969 Millions | $ 870.507 Millions | Uwharrie Capital Corp | 12.90 | $ 794.355 Millions | $ 61.560 Millions | Svb Financial Group | 12.68 | $ 151,732.000 Millions | $ 11,967.000 Millions | Customers Bancorp Inc | 12.54 | $ 15,684.510 Millions | $ 1,250.729 Millions | Bank Of The James Financial Group Inc | 12.34 | $ 840.273 Millions | $ 68.091 Millions | Pb Bankshares Inc | 12.09 | $ 266.366 Millions | $ 22.024 Millions | Embassy Bancorp Inc | 12.08 | $ 1,399.569 Millions | $ 115.881 Millions | Enterprise Bancorp inc | 12.05 | $ 4,088.684 Millions | $ 339.317 Millions | California Bancorp | 12.00 | $ 1,725.322 Millions | $ 143.741 Millions | Union Bankshares Inc | 11.94 | $ 983.770 Millions | $ 82.367 Millions | River Financial Corporation | 11.94 | $ 2,054.026 Millions | $ 172.077 Millions | Oak Valley Bancorp | 11.92 | $ 1,627.844 Millions | $ 136.620 Millions | Farmers and Merchants Bancshares Inc | 11.91 | $ 648.071 Millions | $ 54.415 Millions | Central Pacific Financial Corp | 11.91 | $ 6,582.576 Millions | $ 552.841 Millions | Coastal Financial Corporation | 11.82 | $ 1,821.194 Millions | $ 154.100 Millions | West Bancorporation Inc | 11.75 | $ 2,897.234 Millions | $ 246.526 Millions | New Peoples Bankshares Inc | 11.73 | $ 714.880 Millions | $ 60.964 Millions | Hv Bancorp Inc | 11.60 | $ 480.775 Millions | $ 41.437 Millions | Itau Unibanco Holding S a | 11.58 | $ 361,898.700 Millions | $ 31,250.440 Millions | Live Oak Bancshares Inc | 11.54 | $ 7,585.839 Millions | $ 657.347 Millions | Popular Inc | 11.50 | $ 66,842.679 Millions | $ 5,814.614 Millions | Flushing Financial Corporation | 11.45 | $ 7,504.178 Millions | $ 655.167 Millions |
|