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


Mackinac Financial's Net Profit Margin by quarter

Trends, Rankings, Statistics



MFNC Net Profit Margin (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 Revenue Change -6.49 % 5.86 % 7.35 % 4.07 % 12.2 %
Seq. Revenue Change -3.01 % -0.93 % 3.23 % -5.72 % 9.79 %
Revenue In Millions $15.64 $16.13 $16.28 $15.77 $16.73
Net Profit Margin 18.83 % 24.06 % 22.39 % 21.08 % 20.65 %
Net Profit Margin Total Ranking # 1087 # 825 # 876 # 837 # 713
Net Income In Millions $2.95 $3.88 $3.64 $3.32 $3.45
Y / Y Net Income Change -14.74 % 27.17 % 10.59 % -10.62 % -5.86 %
Seq. Net Income Change -24.1 % 6.48 % 9.63 % -3.76 % 13.21 %


Commenting Second Quarter 2021 Net Profit Margin
Mackinac Financial Corp experienced contraction in Net Income by -24.1 % to $16 millions and Revenue by -3.01 %, while Net Profit Margin fell to 18.83 %, below company's average Net Profit Margin.

Observing second quarter 2021 results within Regional Banks industry 213 other companies have achieved higher Net Profit Margin. While Net Profit Margin overall ranking has deteriorated compare to previous quarter from 825 to 1087.
Net Margin Formula
MFNC's Net Profit Margin second quarter 2021 Company Ranking
Within: No.
Regional Banks Industry # 214
Financial Sector # 612
Overall # 1069

Net Profit Margin Statistics
High Average Low
49.53 % 19.5 % 3.42 %
(Dec 31 2013)   (Jun 30 2018)




Other Net Profit Margin Profitability Ratios
MFNC's Cumulative Net Profit Margin
Regional Banks Industry Net Profit Margin Trends and Statistics
Financial Sector Net Profit Margin Statistics
Net Profit Margin Profitability Trends for overall market
MFNC's Net Profit Margin Profitability versus Regional Banks Industry, Financial Sector and total Market
Highest Ranking Net Profit Margin
Lowest Ranking Net Profit Margin
Net Profit Margin Profit Margin for MFNC's Competitors
Net Profit Margin Profit Margin for Mackinac Financial's Suppliers
Net Profit Margin Profit Margin for MFNC's Customers

You may also want to know
MFNC's Annual Growth Rates 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 Net Income Growth
MFNC's Roa MFNC's Inventory Turnover Ratio MFNC's Growth Rates MFNC's Dividend Comparisons


Companies with similar Net Profit Margin in the quarter ending Jun 30 2021, within Regional Banks Industry Net Profit MarginJun 30 2021 MRQ Net IncomeJun 30 2021 MRQ Revenue
Great Western Bancorp Inc   49.61 %$ 58.749 $ 118.421 
Silvergate Capital Corporation  49.31 %$ 20.935 $ 42.452 
International Bancshares Corporation  48.93 %$ 92.026 $ 188.070 
East West Bancorp inc   48.87 %$ 224.742 $ 459.904 
Five Star Bancorp  48.79 %$ 9.828 $ 20.142 
West Bancorporation Inc   48.38 %$ 13.239 $ 27.365 
Luther Burbank Corp   48.32 %$ 21.216 $ 43.909 
Eagle Bancorp inc   47.91 %$ 47.993 $ 100.174 
Live Oak Bancshares Inc   47.55 %$ 63.582 $ 133.727 
Bank7 Corp   47.16 %$ 6.105 $ 12.944 
Connectone Bancorp Inc   46.61 %$ 32.219 $ 69.130 
Prosperity Bancshares Inc   46.49 %$ 130.611 $ 280.955 
Metrocity Bankshares inc   46.11 %$ 14.393 $ 31.214 
Cathay General Bancorp  45.52 %$ 77.199 $ 169.584 
Greene County Bancorp Inc   44.92 %$ 7.614 $ 16.949 
Home Bancshares Inc   44.64 %$ 79.070 $ 177.124 
First Financial Bankshares Inc   44.45 %$ 56.379 $ 126.828 
Southern Missouri Bancorp Inc   44.44 %$ 13.688 $ 30.804 
Atlantic Union Bankshares Corporation  43.47 %$ 85.384 $ 196.428 
New York Community Bancorp Inc   43.30 %$ 152.000 $ 351.000 
Cvb Financial Corp   43.29 %$ 51.179 $ 118.224 
Svb Financial Group  43.19 %$ 628.000 $ 1,454.000 
Ally Financial Inc   43.17 %$ 900.000 $ 2,085.000 
Western Alliance Bancorporation  42.96 %$ 223.800 $ 521.000 
Lakeland Financial Corporation  42.94 %$ 24.348 $ 56.701 
Farmers National Banc Corp   42.89 %$ 15.575 $ 36.312 
First Internet Bancorp  42.87 %$ 13.096 $ 30.548 
Mainstreet Bancshares Inc   42.86 %$ 7.126 $ 16.626 
Blue Ridge Bankshares Inc   42.83 %$ 28.650 $ 66.887 
Heritage Financial Corp  42.72 %$ 32.702 $ 76.549 




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