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MFNC - Mackinac Financial: Delivering Value To Shareholders
Mackinac Financial Corporation
In today's dividend stock analysis, we are going to review a very solid community bank located in northern Michigan. Mackinac Financial Corporation (NYSE:MFNC) is a $1.3 billion bank with 29 branches. If you are from the area, you may know this bank as mBank. The bank has quite the growth story, as they have acquired five banks since 2014. The purpose of this analysis is to review the company's financials, valuation metrics, and of course, their dividend, to determine if the company fits our investment metrics.