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Mackinac Financial Corp (MFNC) |
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Mackinac Financial's Tangible Leverage Ratio
MFNC's quarterly Tangible Leverage Ratio and Total Liabilities, Tangible Equity growth
Despite a net increase in borrowings by 0.67%, Mackinac Financial managed to enhance Tangible Leverage Ratio in the second quarter 2021 to 9.08, surpassing the average for Mackinac Financial's Tangible Leverage Ratio.
Within Regional Banks industry in the second quarter 2021, 76 other companies have achieved lower Tangible Leverage Ratio than Mackinac Financial in the II Quarter 2021. While Tangible Leverage Ratio total ranking has deteriorated compared to the first quarter 2021 from 3330 to 4466 .
Explain Tangible Leverage Ratio?
What is MFNC Market Share?
What are MFNC´s Total Liabilities?
Select the Comparisons :
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Select the Ratio:
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Tangible Leverage Ratio ▼
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Tangible Leverage Ratio ▼
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MFNC Tangible 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 Tangible Equity Change |
6.03 % |
7.96 % |
4.82 % |
4.93 % |
5.26 % |
Y / Y Total Liabilities Change |
-0.54 % |
11.85 % |
15.17 % |
13.51 % |
15.47 % |
Tangible Leverage Ratio MRQ |
9.08 |
9.14 |
9.27 |
9.55 |
9.68 |
MFNC's Total
Ranking |
# 4466 |
# 3330 |
# 3166 |
# 3675 |
# 4506 |
Seq. Tangible Equity Change |
1.31 % |
1.72 % |
1.31 % |
1.56 % |
3.15 % |
Seq. Total Liabilities Change |
0.67 % |
0.32 % |
-1.69 % |
0.18 % |
13.21 % |
Tangible Leverage Ratio second quarter 2021 Company Ranking |
Within: |
No. |
Regional Banks Industry |
# 77 |
Financial Sector |
# 699 |
Overall Market |
# 4466 |
Tangible Leverage Ratio Statistics |
High |
Average |
Low |
11.64 |
8.61 |
6.45 |
(Jun 30 2017) |
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(Mar 31 2013) |
Cumulative Mackinac Financial's Tangible Leverage Ratio
MFNC's Tangible Leverage Ratio for the trailling 12 Months
MFNC Tangible 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 Tangible Equity TTM Growth |
6.03 % |
7.96 % |
4.82 % |
4.93 % |
5.26 % |
Y / Y Total Liabilities TTM Growth |
-0.54 % |
11.85 % |
15.17 % |
13.51 % |
15.47 % |
Tangible Leverage Ratio TTM |
9.26 |
9.41 |
9.33 |
9.13 |
8.95 |
Total
Ranking TTM |
# 3750
| # 3439
| # 2852
| # 3658
| # 3373
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Seq. Tangible Equity TTM Growth |
1.31 % |
1.72 % |
1.31 % |
1.56 % |
3.15 % |
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 Tangible Leverage Ratio in the II Quarter 2021 to 9.26, above the MFNC's average Tangible Leverage Ratio. Tangible 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 Tangible Leverage Ratio than Mackinac Financial. While Tangible 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 Tangible Leverage Ratio?
What is MFNC Market Share?
What are MFNC´s Total Liabilities?
TTM Tangible Leverage Ratio Company Ranking |
Within: |
No. |
Within the Regional Banks Industry |
# 77 |
Financial Sector |
# 605 |
Within the Market |
# 3750 |
trailing twelve months Tangible Leverage Ratio Statistics |
High |
Average |
Low |
11.41 |
8.89 |
7.38 | (Sep 30 2017) |
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(Mar 31 2020) |
Companies with similar Tangible Leverage Ratio in the quarter ending Jun 30 2021, within Regional Banks Industry | Tangible Leverage Ratio | Jun 30 2021 MRQ Total Liabilities | Jun 30 2021 MRQ Tangible Equity | Century Bancorp Inc | 17.62 | $ 6,870.659 Millions | $ 389.841 Millions | The Bank Of New York Mellon Corporation | 16.74 | $ 421,338.000 Millions | $ 25,174.000 Millions | Quaint Oak Bancorp Inc | 16.28 | $ 485.890 Millions | $ 29.847 Millions | Republic First Bancorp Inc | 15.52 | $ 4,972.257 Millions | $ 320.441 Millions | Metropolitan Bank Holding Corp | 15.33 | $ 5,423.598 Millions | $ 353.862 Millions | Capital City Bank Group Inc | 15.15 | $ 3,675.579 Millions | $ 242.547 Millions | Tristate Capital Holdings Inc | 14.69 | $ 10,746.604 Millions | $ 731.613 Millions | River Financial Corporation | 14.59 | $ 2,054.026 Millions | $ 140.766 Millions | Northern Trust Corporation | 14.44 | $ 160,468.100 Millions | $ 11,113.600 Millions | Orange County Bancorp inc | 14.29 | $ 1,911.321 Millions | $ 133.731 Millions | Greene County Bancorp Inc | 13.71 | $ 2,050.751 Millions | $ 149.584 Millions | Farmers and Merchants Bancshares Inc | 13.68 | $ 648.071 Millions | $ 47.360 Millions | Western Alliance Bancorporation | 13.15 | $ 45,034.500 Millions | $ 3,423.800 Millions | Silvergate Capital Corporation | 13.12 | $ 11,418.969 Millions | $ 870.507 Millions | Popular Inc | 13.05 | $ 66,842.679 Millions | $ 5,123.052 Millions | First Interstate Bancsystem Inc | 13.00 | $ 16,944.400 Millions | $ 1,303.200 Millions | Uwharrie Capital Corp | 12.90 | $ 794.355 Millions | $ 61.560 Millions | Svb Financial Group | 12.89 | $ 151,732.000 Millions | $ 11,767.000 Millions | Citizens Holding Co | 12.80 | $ 1,228.560 Millions | $ 95.969 Millions | California Bancorp | 12.67 | $ 1,725.322 Millions | $ 136.207 Millions | Customers Bancorp Inc | 12.58 | $ 15,684.510 Millions | $ 1,246.876 Millions | First Citizens Bancshares Inc | 12.43 | $ 50,698.828 Millions | $ 4,078.753 Millions | First Hawaiian Inc | 12.39 | $ 21,514.987 Millions | $ 1,735.849 Millions | Bank Of The James Financial Group Inc | 12.34 | $ 840.273 Millions | $ 68.091 Millions | Peoples Bancorp Inc | 12.32 | $ 4,482.129 Millions | $ 363.929 Millions | Colony Bankcorp Inc | 12.30 | $ 1,586.124 Millions | $ 128.973 Millions | Enterprise Bancorp inc | 12.25 | $ 4,088.684 Millions | $ 333.661 Millions | Oak Valley Bancorp | 12.25 | $ 1,627.844 Millions | $ 132.926 Millions | Cnb Financial Corp | 12.22 | $ 4,718.385 Millions | $ 386.200 Millions | Level One Bancorp inc | 12.20 | $ 2,281.114 Millions | $ 186.993 Millions |
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