Mackinac Financial Annual Income Statement (NASDAQ:MFNC)

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$13.25 $0.03 (0.26%) MFNC stock closing price Jan 13, 2017 (Closing)

MFNC stock valuation based on fundamental analysis involves checking and analyzing financial statements and not just the Mackinac Financial stock price. The key financial statements of a company are the income statement, the balance sheet and the cash flow statement. The income statement is generated for a specific period of time. The revenue increase of $37.4M for 2015 impacts the MFNC stock. Investors typically check year over year or quarter over quarter revenue growth. The operating expenses (also check: Mackinac Financial assets and Mackinac Financial free cash flow) as shown in the Mackinac Financial profit and loss statement 2015 total to $28.33M. This line item has increased from $27.02M compared with last year. Mackinac Financial revenue for 2015 is $37.4M. View revenue and profit details for latest and last 10 financial years.

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Annual
Quarterly
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Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Mackinac Financial Net Sales or Revenues
37.4M30.78M29.46M28.47M26.72M25.63M28.45M29.21M30.7M25.03M
Cost Of Goods Sold (COGS)3.25M3.21M3.46M3.94M4.53M5.6M6.43M10.11M13.22M10.57M
Mackinac Financial Gross Profit
34.15M27.56M25.99M24.52M22.19M20.02M22.02M19.1M17.47M14.46M
Research & Development Expense----------
Selling General & Admin Expense25.08M23.81M19.8M17.7M18.26M23.09M17.5M14.85M12.5M11.36M
Income Before Depreciation Depletion Amortization9.07M3.75M6.19M6.82M3.92M-3.07M4.52M4.24M4.97M3.1M
Depreciation Depletion Amortization----------
Non Operating Income----------
Interest Expense1.14M0.92M0.65M0.65M0.61M0.84M0.99M1.58M2.05M1.88M
Mackinac Financial Pretax Income
7.92M2.82M5.53M6.16M3.31M-3.91M3.53M2.65M2.92M1.21M
Provision for Income Taxes2.33M1.12M-0.4M-0.92M1.09M-3.5M1.12M0.78M-7.24M-0.5M
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations5.59M1.7M5.93M7.08M2.21M-0.41M2.41M1.87M10.16M1.71M
Extraordinary Items & Discontinued Operations----------
Mackinac Financial Net Income (Profit/Loss)
5.59M1.7M5.93M7.08M2.21M-0.41M2.41M1.87M10.16M1.71M
Average Shares used to compute Diluted EPS6.28M5.65M5.65M4.41M3.46M3.42M3.42M3.42M3.43M3.43M
Average Shares used to compute Basic EPS6.25M5.59M5.56M4.29M3.46M3.42M3.42M3.42M3.43M3.43M
Income Before Nonrecurring Items5.6M3.51M5.94M7.09M2.22M-0.42M1.6M-0.17M10.16M1.72M
Income from Nonrecurring Items--1.81M----0.82M2.04M--
Mackinac Financial Earnings Per Share Basic Net
0.900.301.011.510.42-0.340.560.552.960.50
Mackinac Financial Earnings Per Share Diluted Net
0.890.301.001.460.41-0.340.560.552.960.50
EPS Diluted Before Nonrecurring Items0.890.621.001.460.41-0.340.32-0.052.960.50
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common0.350.230.170.04------
All figures in USD. M: Millions of USD, B: Billions of USD.
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Mackinac Financial stock analysis involves checking at least a few of the important things like:
  • Topline: A growing topline, as seen from the Mackinac Financial revenue chart, as is the case with Mackinac Financial indicates a growing business. One needs to compare the QoQ or YoY topline growth of MFNC stock with its peers like BNCC stock and CSBB stock to see if the growth compares well with what can be expected for a company in that industry.
  • Bottom line: The word bottom line comes because it is usually the last line of the income statement and refers to the actual profits after deducting all expenses from the revenues. MFNC stock had a healthy bottom line growth.
The income statement is also called statement of revenue and expense. The financials along with Mackinac Financial historical stock prices provides a lot of details about the firm. .

Mackinac Financial Income Statement - Key Financial Ratios

PE ratio (price earnings ratio)
19.2030
PS ratio (
price sales ratio
)
2.1061
Operating margin
27.2
Net profit margin
15.5
Dividend yield
3.02%